scholarly journals Impact of Reinsurance on Performance of Nepalese Insurance Companies

2019 ◽  
Vol 3 (ii) ◽  
Author(s):  
Rajendra Maharjan
Keyword(s):  
Cost Efficiency ◽  
Comparative Research ◽  
Insurance Industry ◽  
Secondary Data ◽  
Insurance Companies ◽  
Cross Sectional ◽  
Solvency Capital ◽  
The Cost ◽  
Positive Effect ◽  
Variable Performance

Reinsurance is considered as backbone of the insurance industry in developed and developing countries as it indirectly injects capital and Nepalese insurance companies are no exception. Thus, this study is aims to find out whether the use of reinsurance arrangement lead to positive effect or not? Three portfolios have been formed life, nonlife and industry. The study used 11 years unbalanced cross sectional secondary data from 2007/08 to 2017/18. The sample of the study consists of seven from life and nine from nonlife with 138 firm years’ observations. The dependent variable performance is measured by profitability (ROA and ROE) and solvency while reinsurance ceded as explanatory variable. Capital employed and size of the firm are considered as control variables. The study employed descriptive cum causal comparative research design. Regression analysis has been performed to see the effect of reinsurance on firm performance. The result depicts that reinsurance has a positive and significant impact on performance of insurance companies. This finding indicates that reinsurance improves the cost efficiency of primary insurers. Further, reinsurance is a complement for capital in order to enhance solvency while negative relation indicating solvency of the insurers increases with the level of used reinsurance, to the extent that reinsurance and capital can be substitutes of each other. Thus, this study concludes that primary insurers can benefit from reinsurance as its relief on capital, diversify risk and in turn helps to earn profitability by sharing the risk with reinsurers. Key words: Reinsurance, Profitability, Solvency, Capital, Premium

Evaluating the cost efficiency of insurance companies in Ghana

2011 ◽  
Vol 13 (1) ◽  
pp. 61-76 ◽  
Author(s):  
Kwadjo Ansah‐Adu ◽  
Charles Andoh ◽  
Joshua Abor
Keyword(s):  
Cost Efficiency ◽  
Insurance Companies ◽  
The Cost

scholarly journals Costs of reusable and disposable aprons in a public teaching hospital

2014 ◽  
Vol 48 (5) ◽  
pp. 915-921
Author(s):  
Paloma de Souza Cavalcante Pissinati ◽  
Maria do Carmo Lourenço Haddad ◽  
Mariana Ângela Rossaneis ◽  
Roseli Broggi Gil ◽  
Renata Aparecida Belei
Keyword(s):  
Direct Cost ◽  
Teaching Hospital ◽  
Average Cost ◽  
Secondary Data ◽  
Cross Sectional Study ◽  
Sectional Study ◽  
Cross Sectional ◽  
Hospital Managers ◽  
Study Population ◽  
The Cost

Objective To analyze the direct cost of reusable and disposable aprons in a public teaching hospital. Method Cross-sectional study of quantitative approach, focusing on the direct cost of reusable and disposable aprons at a teaching hospital in northern Paraná. The study population consisted of secondary data collected in reports of the cost of services, laundry, materials and supplies division of the institution for the year 2012 Results We identified a lower average cost of using disposable apron when compared to the reusable apron. The direct cost of reusable apron was R$ 3.06, and the steps of preparation and washing were mainly responsible for the high cost, and disposable apron cost was R$ 0.94. Conclusion The results presented are important for hospital managers properly allocate resources and manage costs in hospitals
.

scholarly journals Using big data to discriminate charged price in the Car Insurance Industry: Evidence from United States

2019 ◽  
Vol 2 (6) ◽  
Author(s):  
Doaa Salman Abdou
Keyword(s):  
Big Data ◽  
Qualitative Data ◽  
Insurance Industry ◽  
Age Groups ◽  
Secondary Data ◽  
Insurance Companies ◽  
Qualitative And Quantitative ◽  
Gender Based ◽  
Insurance Rates ◽  
Car Insurance

The purpose of this paper is to examine the gender-based discrimination in car insurance rates and whether the reasons provided by the car insurance companies for the different rates are valid or not. The paper studies the average annual premiums paid by men and women across different age groups from 16 years old to over 56 years old along with the percentage differences. Additionally, the concept of big data and how it is utilized by businesses to apply personalize price discrimination is investigated. The research design is conclusive and secondary data is used in both qualitative and quantitative forms. Qualitative data is collected from articles for the literature review and as for the quantitative data it is in the form of reports and surveys. The data shows that at lower age groups women pay less than men for car insurance but as the age increase men start paying less. The paper reaches a conclusion that gender is not necessarily a crucial risk-factor as the regular factors such as driving record can provided accurate risk determinants. 

scholarly journals A Study on Impact of FDI on Selected Private Sector Insurance Companies in India

2017 ◽  
Author(s):  
C.K. Hebbar ◽  
Meenakshi Acharya
Keyword(s):  
Private Sector ◽  
Negative Impact ◽  
Insurance Industry ◽  
Secondary Data ◽  
Insurance Companies ◽  
Insurance Markets ◽  
Insurance Sector ◽  
Previous Level ◽  
The Impact ◽  
Indian Insurance

India is one among the most promising emerging insurance markets in the world. Indian insurance sector was liberalised in 2001. The insurance industry in India has undergone transformational changes over the last 15 years. In July 2014, the Cabinet Committee on Economic Affairs (CCEA) approved 49% FDI in insurance from the previous level of 26%. This paper aimed at examining the impact of FDI on the performance of selected private sector insurance companies. The study is based on secondary data and it is a descriptive study. This paper found that FDI had a significant positive as well as negative impact on areas which were studied in the paper.

scholarly journals Cost of Illness of Malaria in Coastal Karnataka, India

2021 ◽  
Vol 53 (02) ◽  
pp. 28-34
Author(s):  
Affan K ◽  
Keyword(s):  
Direct Medical Cost ◽  
Cost Of Illness ◽  
Medical Cost ◽  
Secondary Data ◽  
Cross Sectional Study ◽  
Public Healthcare ◽  
Service Utilisation ◽  
District Health ◽  
Cross Sectional ◽  
The Cost

Background: Malaria is one of the major health issues in developing and underdeveloped countries. It is considered to be one of the main reasons for morbidity and mortality. This study intends to estimate the cost of illness of malaria at the household level and health service utilisation pattern for malaria treatment in coastal Karnataka. Materials and Methods: It was a secondary data-based cross-sectional study comprising people suffering from malaria during the period from September to December 2016. Result: The median gross total cost of illness (a single episode of malaria) was 4,000 INR, the median direct medical cost was zero, and the median direct non-medical cost was 100 INR. The majority of individuals (92.2%) took treatment from public healthcare sectors. Conclusion: The effective implementation of anti-malarial interventions by the District Health Authority, District Vector Borne Disease Control Office, and treatment from public health sectors resulted in negligible direct medical cost which made a remarkable reduction in the cost of illness of malaria.

scholarly journals Impact of Dividend Policy on Shareholders’ Wealth: An Empirical Analysis of Listed Insurance Companies in Pakistan

2021 ◽  
Vol 4 (1) ◽  
pp. 69-80
Author(s):  
MUHAMMAD SHABEER KHAN ◽  
DR. SAID SHAH ◽  
SYEDA UROOJ BABER
Keyword(s):  
Dividend Policy ◽  
Insurance Industry ◽  
Secondary Data ◽  
Insurance Companies ◽  
Ratio Analysis ◽  
Retention Ratio ◽  
Analysis Techniques ◽  
Independent Variable ◽  
Convenience Sampling ◽  
The Impact

This study aims to investigate the impact of dividend policy on shareholders’ wealth using secondary data of 17 listed insurance companies in Pakistan employing non-probability convenience sampling for 2012-2015. Shareholders’ wealth is used as dependent variable measured by earning per share whereas dividend policy as independent variable measured by three ratios namely dividend per share, Retention ratio and dividend payout ratio. Analysis techniques include descriptive statistics, regression analysis and correlation analysis. The results show that all the independent variables impact dependent variable positively with dividend per share and retention ratio significant at 5%. Moreover study reveals that the theory of dividend irrelevancy failed in the case of insurance industry of Pakistan.

Determinants of Cost Efficiency and Productivity Growth of the Indonesian Insurance Industry

2016 ◽  
Vol 6 (2) ◽  
pp. 70-82 ◽  
Author(s):  
Viverita ◽  
Shinta Wulandari ◽  
Emilyn Cabanda
Keyword(s):  
Cost Efficiency ◽  
Insurance Industry ◽  
Productivity Change ◽  
Negative Effects ◽  
Technological Advances ◽  
New Findings ◽  
Insurance Firms ◽  
The Cost ◽  
Efficiency And Productivity ◽  
Property Casualty

This paper provides new empirical evidences on determinants of cost efficiency and productivity performance of life and property-casualty insurance firms in Indonesia. Data envelopment analysis (DEA) method is used to investigate the cost efficiency and Total Factor Productivity (TFP) among a balanced panel of 118 insurance firms (35 life insurance and 83 property-casualty insurance) over the period of 2006-2008. Results show that on average, insurers were operating at a low level of cost efficiency. However, by constructing the Malmquist Indices, this research finds a positive productivity change for the two types of insurance firms due to an increasing use of technological advances. Furthermore, the paper estimates the influence of some environmental variables on the cost efficiency using a multiple regression analysis. New findings indicate significant negative effects among types of insurance, size, and solvency on the firm's cost efficiency. Meanwhile, market share and ownership structure have positive but insignificant effects on the firms' efficiency. These findings are additional empirical evidences for the efficiency analysis of life and property-casualty insurance in a developing country.

The effects of production outsourcing on factory cost performance: an empirical study

2014 ◽  
Vol 25 (6) ◽  
pp. 750-774 ◽  
Author(s):  
Mary J. Meixell ◽  
George N. Kenyon ◽  
Peter Westfall
Keyword(s):  
Structural Model ◽  
Transaction Cost Economics ◽  
Secondary Data ◽  
Manufacturing Strategy ◽  
Moderator Variable ◽  
Cross Sectional ◽  
Content Type ◽  
Supplier Integration ◽  
Primary Model ◽  
The Cost

Purpose – The purpose of this paper is to investigate the performance implications associated with production outsourcing. Specifically, the paper analyzes the cost of goods sold for firms who outsource core manufacturing processes, using empirical data from a variety of industries. The paper seeks to better understand the influence of outsourcing on factory cost by looking at these in the context of related strategies, such as supplier integration, information technology (IT) implementation, and manufacturing process decisions. Design/methodology/approach – The paper draws on transaction cost economics, manufacturing strategy, and supply chain management literature to aid in predicting the performance to be expected when outsourcing production activities. Furthermore, the paper investigates the moderating effects of manufacturing strategies, supplier integration, and IT expenditures on outsourcing. The primary model is a two-way panel model for the cross-sectional and longitudinal data drawn from the MPI Census of Manufacturers Survey of US manufacturing plants. Findings – The analysis indicates that production outsourcing tends to shift costs among cost of goods sold (COGS) categories, but does not consistently reduce them as measured by overall COGS. The effects of production outsourcing on both the cost of labor and the cost of materials are strong, tending to decrease labor, and increase materials. Additionally, this study shows that a high level of supplier integration has a notable moderating influence on overall COGS, but that process strategies do not. Finally, this analysis indicates that IT expenditures were not influential as a moderator variable when outsourcing, but did have a marked influence on overall COGS, as well as on labor and materials costs. Originality/value – This research investigates the effects of outsourcing on the components of COGS, a level of analysis that is typically not looked at relative to outsourcing. This research also provides methodological contributions with the development of a nested random effects structural model for use with a secondary data source.

scholarly journals Performance of Malaysian Insurance Companies Using Data Envelopment Analysis

2018 ◽  
Vol 11 (3) ◽  
pp. 1147 ◽  
Author(s):  
Ng Jia Bao ◽  
Rohaizan Ramlan ◽  
Fazeeda Mohamad ◽  
Azlina Md Yassin
Keyword(s):  
Data Envelopment Analysis ◽  
Insurance Industry ◽  
Secondary Data ◽  
Efficiency Score ◽  
Equity Capital ◽  
Insurance Companies ◽  
Data Envelopment ◽  
Insurance Company ◽  
Policy Makers ◽  
Using Data

The purpose of this study is to evaluate the performance of the local insurance in Malaysia for the period 2014-2015. The major challenge in the insurance industry is increasing competition in this market. Besides that, problematic in performance measurement to evaluate performance is another challenge in insurance industry. 24 local insurance companies involved in this study using quantitative method of Data Envelopment Analysis (DEA) output-orientation CCR model. This study utilizes three inputs and three outputs; operating expenses, equity capital and commission as well as net premium, net investment income, and net incurred claim. The secondary data sources were derived from official data of local insurance companies’ annual report respectively. The DEA-Solver-LV version 8 tools were used to analyze the data that have been collected to evaluate the performance of local insurance company. This DEA model allows integration of the performance for the insurance companies and provides management overall performance evaluation. The results showed that there are 8 efficient companies in 2014 and 9 efficient companies in 2015. The average efficiency score in 2014 was increased from 78.9% to 79.1% in 2015. The findings from this study will benefit the insurance associations in Malaysia, management of insurances companies and policy makers.

scholarly journals Pengaruh Pendapatan Asli Daerah dan Dana Perimbangan terhadap Pertumbuhan Ekonomi dan Kemiskinan di Provinsi Nusa Tenggara Timur

Telaah Bisnis ◽  
2017 ◽  
Vol 17 (2) ◽  
Author(s):  
Marianus Manek ◽  
Rudi Badrudin
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Secondary Data ◽  
Significant Positive Effect ◽  
Cross Sectional ◽  
Local Revenue ◽  
Significant Negative Effect ◽  
Negative Effect ◽  
Equalization Fund ◽  
Positive Effect

Abstract This study aims to analyze the influence of local revenue and equalization fund on the economic growth and the poverty of regencies/cities in the East Nusa Tenggara Province. Sample in this study consists of 21 regencies/cities in the East Nusa Tenggara Province. The type of data used in this study is secondary data, time series and cross-sectional data of regencies/cities since 2007 to 2016. Data are examined by using SEM-based variant named WarpPLS. The results of this study indicate that the local revenue had significant positive effect on economic growth, local revenue had significant negative effect on poverty, equalization fund had no significant negative effect on economic growth and poverty, and economic growth had no significant nega­tive effect on poverty.

Sign in / Sign up

Export Citation Format

Share Document