Combining ANP and TOPSIS Concepts for Evaluation the Performance of Property-Liability Insurance Companies
Abstract
This is a significant problem for the property-liability insurance industry. The study first uses Modified Delphi Method to sift influence property-liability insurance effects out norms. Moreover, the evaluation weights are determined using Analytic Network Process (ANP). Finally, the technique for ordering preference by similarity to the ideal solution (TOPSIS) constructs performance evaluation model of property-liability insurance companies in Taiwan. This research use financial statements of property-liability insurance industry calculated efficiency placing and through the positive research. Findings may do for the government the important reference of the insure policy.
DOI: https://doi.org/10.3844/jssp.2008.56.61
Copyright: © 2008 Hui-Yin Tsai, Bao-Huey Huang and An Siou Wang. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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Keywords
- Analytic Network Process (ANP)
- performance evaluation
- property-liability insurance industry
- modified delphi method
- TOPSIS