A STUDY OF EFFICIENCY MEASUREMENT OF GENERAL INSURERS OF INDIA THROUGH THE APPLICATION OF DATA ENVELOPMENT ANALYSIS (DEA)

被引：0
|
作者：
Chhikara, Kuldip S. [1 ]
Rani, Sangita [1 ]
机构：
[1] Maharshi Dayanand Univ, Dept Commerce, Rohtak 124001, Haryana, India
来源：
GURUKUL BUSINESS REVIEW-GBR | 2013年 / 9卷
关键词：
Data Envelopment Analysis (DEA); Insurance Sector; General Insurance Companies; Technical Efficiency; DMUs (Decision Making Units);
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The paper is an attempt to evaluate the relative efficiencies (Technical, Pure Technical, and Scale Efficiency) of 16 general insurance companies operating in India, on the basis of secondary the data for 2009-10 and 2010-11, with the help of Data Envelopment Analysis(DEA) model. The study included'Net Premium' and 'Claims Incurred' as outputs and 'Operating expenses including Commission' and 'No. of Offices' asinputs. The empirical results confirmed that ICICI Lombard General Insurance Co. Ltd. and IFFCO Tokio General Insurance Co. Ltd. were the best performers at all the three fronts (OTE, PTE and SE) of comparative efficiency measurements and The Oriental Insurance Co. Ltd. and United India Insurance Co. Ltd. topped the list of defaulters, for the period under the study. It was advised through the Future Generali India Insurance Co. Ltd., Reliance General Insurance Co. Ltd. Royal Sundaram Alliance Insurance Co. Ltd., TATA AIG General Insurance Co. Ltd., and Universal Sompo General Insurance Co. Ltd. to increase their scale of operations to get the perfect levels of the efficiencies.
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页码：69 / 79
页数：11
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