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.
Publication Year: 2017
Publication Date: 2017-10-12
Language: en
Type: book-chapter
Indexed In: ['crossref']
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Cited By Count: 2
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