Labuan captive insurance: an analysis of its performance using DEA

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 a...

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Main Author: Amierah Ratna Binting
Format: Thesis
Language:English
English
Published: 2013
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/40582/1/24%20PAGES.pdf
https://eprints.ums.edu.my/id/eprint/40582/2/FULLTEXT.pdf
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author Amierah Ratna Binting
author_facet Amierah Ratna Binting
author_sort Amierah Ratna Binting
collection UMS
description 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.
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spelling ums.eprints-405822024-08-16T06:49:33Z https://eprints.ums.edu.my/id/eprint/40582/ Labuan captive insurance: an analysis of its performance using DEA Amierah Ratna Binting HG8075-8107 Insurance business. Insurance management 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. 2013 Thesis NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/40582/1/24%20PAGES.pdf text en https://eprints.ums.edu.my/id/eprint/40582/2/FULLTEXT.pdf Amierah Ratna Binting (2013) Labuan captive insurance: an analysis of its performance using DEA. Masters thesis, Universiti Malaysia Sabah.
spellingShingle HG8075-8107 Insurance business. Insurance management
Amierah Ratna Binting
Labuan captive insurance: an analysis of its performance using DEA
title Labuan captive insurance: an analysis of its performance using DEA
title_full Labuan captive insurance: an analysis of its performance using DEA
title_fullStr Labuan captive insurance: an analysis of its performance using DEA
title_full_unstemmed Labuan captive insurance: an analysis of its performance using DEA
title_short Labuan captive insurance: an analysis of its performance using DEA
title_sort labuan captive insurance an analysis of its performance using dea
topic HG8075-8107 Insurance business. Insurance management
url https://eprints.ums.edu.my/id/eprint/40582/1/24%20PAGES.pdf
https://eprints.ums.edu.my/id/eprint/40582/2/FULLTEXT.pdf
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