Multiattribute Assessment of the Financial Performance of Non-life Insurance Companies: Empirical Evidence from Europe

Michalis Doumpos; Emilios Galariotis; Giacomo Nocera; Constantin Zopounidis

doi:10.1007/978-3-319-68876-3_1

Multiattribute Assessment of the Financial Performance of Non-life Insurance Companies: Empirical Evidence from Europe

Michalis Doumpos^*
, Emilios Galariotis
, Giacomo Nocera
, Constantin Zopounidis

^*Corresponding author for this work

Department of Accounting and Finance

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

3 Scopus citations

Abstract

The European insurance market has undergone major changes over the past couple of decades, which have created new opportunities but also a lot of challenges and threats for insurers in Europe. In this study, we focus on non-life insurance companies in Europe, over the period 2000–2012, and employ a data-driven multidimensional approach to assess their financial performance, taking into account profitability, solvency, and operating performance indicators. The assessment isolates country-specific effects and, through a second-stage explanatory analysis, we examine the impact of country differences with respect to their economic status and the features of their insurance markets.

Original language	English
Title of host publication	Multiple Criteria Decision Making
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	1-17
Number of pages	17
DOIs	https://doi.org/10.1007/978-3-319-68876-3_1
State	Published - 2018

Publication series

Name	Multiple Criteria Decision Making
ISSN (Print)	2366-0023
ISSN (Electronic)	2366-0031

Bibliographical note

Publisher Copyright:
© 2018, Springer International Publishing AG.

Keywords

Data envelopment analysis
Insurance
Performance evaluation

ASJC Scopus subject areas

Strategy and Management
Decision Sciences (miscellaneous)
Management Science and Operations Research

Access to Document

10.1007/978-3-319-68876-3_1

Cite this

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title = "Multiattribute Assessment of the Financial Performance of Non-life Insurance Companies: Empirical Evidence from Europe",

abstract = "The European insurance market has undergone major changes over the past couple of decades, which have created new opportunities but also a lot of challenges and threats for insurers in Europe. In this study, we focus on non-life insurance companies in Europe, over the period 2000–2012, and employ a data-driven multidimensional approach to assess their financial performance, taking into account profitability, solvency, and operating performance indicators. The assessment isolates country-specific effects and, through a second-stage explanatory analysis, we examine the impact of country differences with respect to their economic status and the features of their insurance markets.",

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Multiattribute Assessment of the Financial Performance of Non-life Insurance Companies: Empirical Evidence from Europe. / Doumpos, Michalis; Galariotis, Emilios; Nocera, Giacomo et al.
Multiple Criteria Decision Making. Springer Science and Business Media Deutschland GmbH, 2018. p. 1-17 (Multiple Criteria Decision Making).

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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AU - Nocera, Giacomo

AU - Zopounidis, Constantin

PY - 2018

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KW - Insurance

KW - Performance evaluation

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PB - Springer Science and Business Media Deutschland GmbH

ER -

Multiattribute Assessment of the Financial Performance of Non-life Insurance Companies: Empirical Evidence from Europe

Abstract

Publication series

Bibliographical note

Keywords

ASJC Scopus subject areas

Access to Document

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Cite this