Labuan captive insurance: an analysis of its performance using DEA

Amierah Ratna Binting (2013) Labuan captive insurance: an analysis of its performance using DEA. Masters thesis, Universiti Malaysia Sabah.

[img]
Preview
Text
Labuan captive insurance.pdf

Download (20MB) | Preview

Abstract

Labuan Financial Services Authority (Labuan FSA) reported that for the Quarter 2, year 2012, the number of licenses issued to Labuan Captive has increased ever since Labuan declared as Labuan International Business and Financial Centre (Labuan IBFC) in the year 2009 to 39. Therefore, this research aimed to analyse empirically the performance of Labuan Captive which focuses on how Labuan Captive perform in comparison to the other insurance sectors within the Labuan insurance industry, and how it is affected by the internal factors such as its financial standing. This research employed a non-parametric approach, which is Data Envelopment Analysis (DEA) with input orientation measurement to estimate the technical efficiency for Captive and other insurance companies in Labuan insurance industry. A sample of all insurance sectors in Labuan insurance industry is selected over the period 2000-2011. The findings suggested that Labuan Captive is relatively efficient in comparison to other insurance sectors in Labuan insurance industry. DEA has been considered as an effective management tools to quantify captive Labuan performance, in that DEA has fewer limitations than other econometric approaches in term of the choice of input and output variables whereby, the performance measure obtained by DEA is sensitive to the combination of input and output. The DEA method nevertheless, could assist the industry as an early warning tool as DEA in conjunction with financial variable analysis is a tool worthy of consideration.

Item Type: Thesis (Masters)
Keyword: captive Labuan, performance, and data envelopment analysis
Subjects: H Social Sciences > HG Finance
Department: FACULTY > Labuan Faculty of International Finance
Depositing User: MUNIRA BINTI MARASAN -
Date Deposited: 29 Dec 2017 06:37
Last Modified: 29 Dec 2017 06:37
URI: https://eprints.ums.edu.my/id/eprint/17923

Actions (login required)

View Item View Item