Environmental Science
8 years ago

Low efficiency in China's life insurance companies impacting productivity growth.

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Caijing luncong
The Empirical Analysis on the Dynamic Changes and Measure of Efficiency of China's Life Insurance Companies
Zhao Liang

Paper Summary

The study looked at 13 life insurance companies in China from 2002 to 2007. They found that these companies had low technical efficiency, mainly due to low pure technical efficiency and scale efficiency. Foreign-founded companies were particularly inefficient in both areas. The study also analyzed productivity changes and differences in growth, attributing these differences to efficiency and technological changes.

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