A study on efficiency and productivity of Indian non-life insurers using data envelopment analysis.

This paper talks about the measurement of efficiency and productivity of non-life insurance firms in India. This study is focused on twelve private non-life insurance firms and four public sector non-life insurance firms of India in the period 2008-09 to 2012-13. Data Envelopment Analysis (DEA) coupled with Malmquist productivity Index is used in measuring the efficiency as well as productivity of the Indian non-life insurers. The study attempts to use commission plus management expenses and capital as input parameters and net premium and investment income as output parameters. The technical efficiency of these firms is measured and analysed through CRS and VRS methods. [ABSTRACT FROM AUTHOR]