Research Article Open Access

Combining ANP and TOPSIS Concepts for Evaluation the Performance of Property-Liability Insurance Companies

Hui-Yin Tsai, Bao-Huey Huang and An Siou Wang

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.

Journal of Social Sciences
Volume 4 No. 1, 2008, 56-61

DOI: https://doi.org/10.3844/jssp.2008.56.61

Submitted On: 16 August 2007 Published On: 31 March 2008

How to Cite: Tsai, H., Huang, B. & Wang, A. S. (2008). Combining ANP and TOPSIS Concepts for Evaluation the Performance of Property-Liability Insurance Companies . Journal of Social Sciences, 4(1), 56-61. https://doi.org/10.3844/jssp.2008.56.61

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Keywords

  • Analytic Network Process (ANP)
  • performance evaluation
  • property-liability insurance industry
  • modified delphi method
  • TOPSIS