Proceedings of the 5th International Conference on Internet Finance and Digital Economy (ICIFDE 2025)

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Research on the Impact of Insurance Technology on the Operating Efficiency of Life Insurance Companies in the Context of Digital Transformation

Authors
Chunya Huang1, *
1Guilin Tourism University, 541006, Guilin, Guangxi, P.R. China
*Corresponding author. Email: huangchunya820@foxmail.com
Corresponding Author
Chunya Huang
Available Online 6 November 2025.
DOI
10.2991/978-94-6463-886-8_15How to use a DOI?
Keywords
Insurance technology; Life insurance company; Operating efficiency
Abstract

Insurance technology is the concentrated manifestation of the digital economy in the insurance industry. Based on the panel data of 51 life insurance companies from 2016 to 2021 and the Digital Inclusive Finance Index of Peking University, this paper uses the DEA-Tobit model to analyze the relationship between the operating efficiency of the life insurance industry in China and the development level of insurance technology since the implementation of the Solvency II regulations. The study finds that the application of insurance technology is not yet mature at the current stage, and there is a significant negative correlation between the development level of insurance technology and the operating efficiency of life insurance companies. The overall operating efficiency of the life insurance industry in China is showing an upward and improving trend, but the resource allocation efficiency needs to be strengthened. To promote the high-quality development of the life insurance industry, it is necessary to continuously increase investment in insurance technology, strengthen exchanges and cooperation among industries, and create a healthy environment for the development of the life insurance industry under the guidance of the Solvency II Phase II regulations.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 5th International Conference on Internet Finance and Digital Economy (ICIFDE 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
6 November 2025
ISBN
978-94-6463-886-8
ISSN
2352-5428
DOI
10.2991/978-94-6463-886-8_15How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Chunya Huang
PY  - 2025
DA  - 2025/11/06
TI  - Research on the Impact of Insurance Technology on the Operating Efficiency of Life Insurance Companies in the Context of Digital Transformation
BT  - Proceedings of the 5th International Conference on Internet Finance and Digital Economy (ICIFDE 2025)
PB  - Atlantis Press
SP  - 148
EP  - 162
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-886-8_15
DO  - 10.2991/978-94-6463-886-8_15
ID  - Huang2025
ER  -