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Scientific paper - Original scientific paper
Has Accession to the European Union Affected the Efficiency of Croatian Insurance Companies?
Zagreb International Review of Economics & Business, 24 (2021), 1; 67-98. https://doi.org/10.2478/zireb-2021-0004
Pervan, Maja; Ćurak, Marijana; Pavić Kramarić, Tomislava

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Pervan, M., Ćurak, M. & Pavić Kramarić, T. (2021). Has Accession to the European Union Affected the Efficiency of Croatian Insurance Companies?. Zagreb International Review of Economics & Business, 24. (1), 67-98. doi: 10.2478/zireb-2021-0004

Pervan, Maja, et al. "Has Accession to the European Union Affected the Efficiency of Croatian Insurance Companies?." Zagreb International Review of Economics & Business, vol. 24, no. 1, 2021, pp. 67-98. https://doi.org/10.2478/zireb-2021-0004

Pervan, Maja, Marijana Ćurak and Tomislava Pavić Kramarić. "Has Accession to the European Union Affected the Efficiency of Croatian Insurance Companies?." Zagreb International Review of Economics & Business 24, no. 1 (2021): 67-98. https://doi.org/10.2478/zireb-2021-0004

Pervan, M., Ćurak, M. and Pavić Kramarić, T. (2021) 'Has Accession to the European Union Affected the Efficiency of Croatian Insurance Companies?', Zagreb International Review of Economics & Business, 24(1), pp. 67-98. doi: 10.2478/zireb-2021-0004

Pervan M, Ćurak M, Pavić Kramarić T. Has Accession to the European Union Affected the Efficiency of Croatian Insurance Companies?. Zagreb International Review of Economics & Business [Internet]. 2021 [cited 2024 July 31];24(1):67-98. doi: 10.2478/zireb-2021-0004

M. Pervan, M. Ćurak and T. Pavić Kramarić, "Has Accession to the European Union Affected the Efficiency of Croatian Insurance Companies?", Zagreb International Review of Economics & Business, vol. 24, no. 1, pp. 67-98, 2021. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:227:983661. [Accessed: 31 July 2024]

Metadata
Title (english)Has Accession to the European Union Affected the Efficiency of Croatian Insurance Companies?
AuthorMaja Pervan
AuthorMarijana Ćurak
AuthorTomislava Pavić Kramarić
Author's institutionUniversity of Split
Faculty of economics Split
Author's institutionUniversity of Split
University Department of Forensic Sciences
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
Accession of Croatia to the EU brought legal, regulatory and market changes for the in- surance companies. The question that arises is whether the new environment in which the companies operate has improved their efficiency. Accordingly, the aim of this paper is to separately estimate the efficiency of non-life and life insurance industry in Croatia and to compare it through the period before (2009-2012) and after (2013-2018) Croatian acces- sion to the EU. The research is based on the Data Envelopment Analysis and the obtained results indicate an average increase in overall technical efficiency in both, non-life and life sector in period after Croatia’s accession to the EU. Still, this increase was not proved to be significant. Additionally, although increase in pure technical efficiency was significant in non-life sector, an insignificant slight decrease is recorded in life sector. Finally, insurers conducting (non)life business activities are mainly operating at increasing returns to scale.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review
Publication versionPublished version
Journal titleZagreb International Review of Economics & Business
Numberingvol. 24, no. 1, pp. 67-98
p-ISSN1331-5609
DOIhttps://doi.org/10.2478/zireb-2021-0004
URN:NBNurn:nbn:hr:227:983661
Publication2021
Document URLhttps://hrcak.srce.hr/file/375065
Type of resourceText
Access conditionsOpen access
Terms of useLicence Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) icon
Created on2024-06-06 15:12:36