| dc.description.abstract | This study is about the operation performance of the property insurance company under the third phase of premium deregulation, and the data is applied from 2009 to 2014.
In the first stage, the input variables are claim expenses, operating expenses, sales outlets, and the output variables including written premium income, financial income, which are elected as the Pearson′s correlation coefficient. Then, by way of the analysis to evaluate the results of the company’s technical efficiency, pure technical efficiency, and scale efficiency under DEA.
In the second stage, the analysis is applying the three efficiency values of the first stage and the extra variable, net profit after tax, as the dependent variables. Furthermore, the analysis also includes shareholder’s equity, market share, the ratio of retained premium to written premium income, member of holding company, and the ratio of retained premium to owner’s equity, as the independent variables. And, the dummy variable, time period, is also included in the analysis.
The results showed that the higher of the ratio of retained premium to written premium income, the more efficient of the company under the Tobit analysis. It also, at the same time, showed that the member of financial holding company did better. Furthermore, there also was a significant positive impact on net profit after tax and owner’s equity. | en_US |