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Productive performance of the French insurance industry

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Listed:
  • F. Fecher
  • D. Kessler
  • S. Perelman
  • P. Pestieau

Abstract

The purpose of this paper is to provide for both life and non-life insurance an assessment of the relative productive performance of French companies. We use parametric and nonparametric approaches to construct a frontier to be used as a yardstick of productive efficiency. Our data basis covers 84 life and 243 non-life companies for the period 1984–1989. The main findings show a high correlation between parametric and nonparametric results and a wide dispersion in the rates of inefficiency across companies. This dispersion can be reduced when controlling for variations in scale, ownership, distribution, reinsurance, and claims ratios. Copyright Kluwer Academic Publishers 1993

Suggested Citation

  • F. Fecher & D. Kessler & S. Perelman & P. Pestieau, 1993. "Productive performance of the French insurance industry," Journal of Productivity Analysis, Springer, vol. 4(1), pages 77-93, June.
    • Handle: RePEc:kap:jproda:v:4:y:1993:i:1:p:77-93
    DOI: 10.1007/BF01073467
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    References listed on IDEAS

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