• Swati Garg (Corresponding Author)
• Dr Mahesh Chand Garg

Insurance sector is mainly divided into two segments, that are, life insurance sector and non-life insurance sector. Insurance sector is a service sector providing safety to its customers. This sector also provides investment opportunities and thus, has a positive impact on the growth of the nation. Measurement of efficiency of insurance companies helps in increasing the quality of their services and activities. Unlike a production process, measurement of efficiency of a service sector is quite difficult. Data envelopment analysis (DEA) is a widely applied tool to measure the productivity and efficiency of the units. DEA is extensively used in the service industries such as educational institutions, hospitals, information technology industry, financial institutions. This paper is a review study of efficiency evaluation of life and non-life insurance companies based on DEA.

life insurance companies, non-life insurance companies, efficiency, data envelopment analysis

"Efficiency Evaluation in Insurance Sector: A Review", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.636-648, February-2019, Available :http://www.jetir.org/papers/JETIR1902395.pdf

"Efficiency Evaluation in Insurance Sector: A Review", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp636-648, February-2019, Available at : http://www.jetir.org/papers/JETIR1902395.pdf