Operation Efficiency Analysis of Commercial Hull Insurance Business —— Based on DEA Model

Wang Daopeng(University of International Business and Economics)

Abstract

Hull insurance is a kind of Marine insurance, which takes various types of ships as the subject matter of insurance and covers all or part of the losses caused by natural disasters and accidents and the possible liability compensation incurred by them when they are sailing on the sea or berthing in the harbor. A time policy or a voyage policy shall be adopted for Hull insurance. Its characteristic is insurance liability is limited to water only. With the development of economy and the expansion of shipping, China’s Hull insurance industry has developed rapidly. However, no one has studied the operating efficiency of China’s commercial Hull insurance. This paper analyzes the operating efficiency of Hull insurance through DEA analysis method and puts forward relevant suggestions.

Keywords

Hull insurance; Efficiency; DEA

References

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DOI: http://dx.doi.org/10.26549/jfr.v5i1.6123