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This paper evaluates the efficiency of the twenty-one largest Syndicates of Lloyd's of London. Members of Lloyd's of … London are grouped into Syndicates in order to undertake insurance liabilities. In this study, the Syndicate is regarded as … the counterpart of an insurance company in a regular insurance market. The analysis covers a period of eight years between …
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efficiency and productivity measurement in insurance …The objective of this paper is to discuss the use of modern frontier efficiency analysis to analyze firm performance in … the insurance industry. The objective is to provide the foundations for insurance economists to use in adapting their …
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