WTO and the Chinese Insurance Industry

Leverty, J. Tyler; Lin, Yijia; Zhou, Hao

doi:10.2139/ssrn.1016867

Cited by 11 publications

(22 citation statements)

References 44 publications

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“…This agrees with the finding of Leverty, Lin & Zhou [9] and Chen, Powers & Qiu [10], where domestic insurance had a higher level of efficiency than foreign insurance but was insignificant. This difference in yield was due to the difference in market conditions, where in China the new foreign insurance had entered the market in the 2000s, so, domestic insurance was still more dominant than foreign insurance.…”

Section: Resultssupporting

confidence: 91%

“…The efficiency levels of joint venture companies and local companies are different. Local insurance companies have higher technical efficiency than foreign companies [9]. Efficiency in local insurance was higher than the efficiency of foreign insurance on the life insurance market in China [10].…”

Section: Introductionmentioning

confidence: 85%

“…In addition, in Indonesia, insurance companies are divided into two ownerships, foreign and local [40]. The efficiency levels of foreign and local companies differ due to different levels of competition after the entry of foreign companies [9,10]. This research was to find the difference of efficiency performance of local and foreign insurance companies.…”

Section: A Hypothesismentioning

confidence: 99%

“…In addition, the cause of the different levels of efficiency between foreign and local companies is because foreign insurance companies can directly provide management techniques, skills, training procedures, and newer and better technology in the domestic or local market. Indirectly, this foreign insurance also improves the efficiency of local firms by stimulating competition in the domestic [9].…”

Section: Introductionmentioning

confidence: 99%

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Efficiency Analysis of Private Insurance Firms Before and After The Application of BPJS Regulations

Viverita¹

2019

Proceedings of the Asia Pacific Business and Economics Conference (APBEC 2018)

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This study aims to examine the efficiency of Indonesian private health insurance following the application of Badan Penyelenggara Jaminan Sosial (BPJS), Indonesia's Social Insurance Administration Organization's regulations in 2014. This study compares the level of efficiency using data envelopment analysis (DEA) output orientation. Also, this study uses financial statements from 18 private insurance firms during the years 2009 to 2016. The results of this study show that, following the application of BJPS regulations, there have been no significant differences in firms' efficiency than before the application. In addition, we find that the efficiency of the joint venture health insurance companies decreased, while local health insurance efficiency increased during the observation period. This is because of a significant decline in investment returns for the joint venture health insurance companies in 2015. The results of this study are in accordance with the results of another study [16], where efficiency improvements only occur in small companies.

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Section: Resultssupporting

confidence: 91%

Section: Introductionmentioning

confidence: 85%

Section: A Hypothesismentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Efficiency Analysis of Private Insurance Firms Before and After The Application of BPJS Regulations

Viverita¹

2019

Proceedings of the Asia Pacific Business and Economics Conference (APBEC 2018)

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“…Total operating expenditure proxy for both labour and business services input. Although the issue of insurance output remains contentions in literature, we follow the arguments ofLeverty et al (2004) andAl- Amri et al (2012) to employ net premiums instead of claims incurred as our choice of output.…”

mentioning

confidence: 99%

Market structure, efficiency and profitability of insurance companies in Ghana

Alhassan

Addisson²,

Asamoah

2015

International Journal of Emerging Markets

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Access to this document was granted through an Emerald subscription provided by emerald-srm:463575 [] For AuthorsIf you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation.

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Analyzing efficiency in the Chinese life insurance industry

Zhang

et al. 2009

Management Research News

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PurposeThe purpose of this paper is to examine the efficiencies of China's foreign and domestic life insurance providers and to explore the relationship between ownership structure and the efficiencies of insurers while taking into consideration other firm attributes.Design/methodology/approachThe data envelopment analysis (DEA) method is used to estimate the efficiencies of the insurers based on a panel data between 1999 and 2004.FindingsThe results indicate that the average efficiency scores for all the insurers are cyclical. Both technical and scale efficiency reached their peaks in 1999 and 2000 and gradually reduced for the rest of the period under examination until 2004 when average efficiency were improved again. The Tobit regression results show that the insurers' market power, the distribution channels used and the ownership structures may be attributed to the variation in the efficiencies.Research limitations/implicationsBased on the research findings and the discussion, the study provides several recommendations for policy makers, regulators and senior executives of insurers.Practical implicationsThe research results highlight the importance of deregulating the sector to allow a further expansion of each individual insurer or encourage mergers and acquisitions of insurers so more efficient resource utilization can be achieved through economies of scale. It also suggests that it is imperative for insurers to recruit motivated insurance agents and offer them on‐the‐job training as a part of the management strategies for gaining technical efficiency.Originality/valueThe paper reports the development within China's insurance industry and is one of the few studies analyzing the efficiencies of China's insurers.

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WTO and the Chinese Insurance Industry

Cited by 11 publications

References 44 publications

Efficiency Analysis of Private Insurance Firms Before and After The Application of BPJS Regulations

Efficiency Analysis of Private Insurance Firms Before and After The Application of BPJS Regulations

Market structure, efficiency and profitability of insurance companies in Ghana

Analyzing efficiency in the Chinese life insurance industry

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