This paper employs cross-frontier analysis, an innovative tool based on data envelopment analysis, to provide new insight into the relationship between organization and efficiency in international insurance markets. We are the first to empirically test the expense preference hypothesis and the...

We analyze the efficiency of non-life insurance companies in four of the fastest-growing markets in the world—the BRIC (Brazil, Russia, India, China) countries. An innovative feature of this paper is its incorporation of uncontrollable variables in the efficiency analysis using multi-stage...

Using state-of-the-art frontier efficiency methodologies, we study the efficiency and productivity of Swiss insurance companies in the life, property/casualty, and reinsurance sectors from 1997–2013. The broad scope of this study provides an opportunity to compare and cross-check the findings...