Analysing Efficiency of Insurers in Federation of Bosnia and Herzegovina

Pervan, Maja; Pavic Kramaric, Tomislava

doi:10.2991/aebmr.k.201211.057

Scientific paper - Original scientific paper

Analysing Efficiency of Insurers in Federation of Bosnia and Herzegovina

In: Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020). Atlantis Press, 2020. pp. 345-349. https://doi.org/10.2991/aebmr.k.201211.057

Pervan, Maja; Pavic Kramaric, Tomislava

Cite this document

APA 6th Edition

Pervan, M. & Pavic Kramaric, T. (2020). Analysing Efficiency of Insurers in Federation of Bosnia and Herzegovina. Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020) (pp. 345-349). Atlantis Press. doi: 10.2991/aebmr.k.201211.057

MLA 8th Edition

Pervan, Maja and Tomislava Pavic Kramaric. "Analysing Efficiency of Insurers in Federation of Bosnia and Herzegovina." Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020), Atlantis Press, 2020, pp. 345-349. https://urn.nsk.hr/urn:nbn:hr:227:726384

Chicago 17th Edition

Pervan, Maja and Tomislava Pavic Kramaric. "Analysing Efficiency of Insurers in Federation of Bosnia and Herzegovina." In Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020), 345-349. Atlantis Press, 2020. Accessed 2025 March 01. https://urn.nsk.hr/urn:nbn:hr:227:726384

Harvard

Pervan, M. and Pavic Kramaric, T. (2020) 'Analysing Efficiency of Insurers in Federation of Bosnia and Herzegovina', Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020), Atlantis Press, pp. 345-349. Available at: https://urn.nsk.hr/urn:nbn:hr:227:726384 (Accessed 01 March 2025)

Vancouver

Pervan M, Pavic Kramaric T. Analysing Efficiency of Insurers in Federation of Bosnia and Herzegovina. Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020). Atlantis Press; 2020. Pp. 345-349. [cited 2025 March 01] Available at: https://urn.nsk.hr/urn:nbn:hr:227:726384

IEEE

M. Pervan and T. Pavic Kramaric, "Analysing Efficiency of Insurers in Federation of Bosnia and Herzegovina", Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020) Atlantis Press, 2020. [Online] Available at: https://urn.nsk.hr/urn:nbn:hr:227:726384 [Accessed: 01 March 2025]

Cite this item: https://urn.nsk.hr/urn:nbn:hr:227:726384

Please login to the repository to save this object to your list.

Metadata

Title (english)	Analysing Efficiency of Insurers in Federation of Bosnia and Herzegovina
Author	Maja Pervan
Author	Tomislava Pavic Kramaric
Author's institution	University of Split Faculty of economics Split
Author's institution	University of Split University Department of Forensic Sciences
Scientific / art field, discipline and subdiscipline	SOCIAL SCIENCES Economics
Abstract (english)	The main goal of this paper is to estimate the overall and pure technical efficiency as well as returns to scale of insurance companies that operated in 2018 in Federation of Bosnia and Herzegovina while using the input-oriented data envelopment analysis - DEA. The authors employ two input variables including total equity capital and technical provisions as well as one output variable expressed in terms of gross written premium. The obtained results show that higher level of overall technical efficiency is achieved in life insurance segment (86.26%) then in non-life insurance segment (66.13%). The same is true for the pure technical efficiency with values of 89.56% and 84.44% for the life and non-life segment, respectively. Finally, most of the (non)life insurers operate at their sub- optimal scale size.
Keywords (english)
Language	english
Publication type	Scientific paper - Original scientific paper
Publication status	Published
Peer review	Peer review
Publication version	Published version
Publication title	Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)
Series title	Advances in Economics, Business and Management Research
Numbering	pp. 345-349
p-ISSN	2352-5428
DOI	https://doi.org/10.2991/aebmr.k.201211.057
URN:NBN	urn:nbn:hr:227:726384
Publication	2020-12-14
Conference	Title: The Fifth International Conference on Economic and Business Management Location: Sanya, China Start date: 2020-10-17 End date: 2020-10-19 Assembly type: Lecture
Document URL	https://www.atlantis-press.com/proceedings/febm-20/125948408
Type of resource	Text
Publisher	Atlantis Press
Access conditions	Open access
Terms of use
Created on	2024-06-20 07:50:56