References of "Geneva Papers on Risk & Insurance - Issues & Practice"
     in
Bookmark and Share    
Full Text
Peer Reviewed
See detailEfficiency and productivity of the insurance industry in the OECD countries
Fecher-Bourgeois, Fabienne ULg; Donni, Olivier

in Geneva Papers on Risk & Insurance - Issues & Practice (1997), 22(No. 85, October 1997), 523-535

Detailed reference viewed: 17 (5 ULg)
Full Text
Peer Reviewed
See detailScale economies and performances in the French Insurance Industry
Fecher-Bourgeois, Fabienne ULg; Kessler, D.; Pestieau, Pierre ULg et al

in Geneva Papers on Risk & Insurance - Issues & Practice (1991), (60),

The purpose of this paper is to provide for both life and non life insurance a measurement of economies of scale and an assessment of productive performance of French companies. We use a translog cost ... [more ▼]

The purpose of this paper is to provide for both life and non life insurance a measurement of economies of scale and an assessment of productive performance of French companies. We use a translog cost function to check the presence of scale economies and a parametric approach to construct our yardstick of productive efficiency. Our panel data covers 84 life and 243 non life companies for the period 1984–89. The main findings indicate both the existence of increasing returns to scale and a wide dispersion in the rates of inefficiency across companies. Those two results are shown to be closely linked to a number of characteristics of the companies studied, particularly their institutional form. [less ▲]

Detailed reference viewed: 17 (2 ULg)