Using Two-stage Data Envelopment Analysis Method In Measuring the Relative Efficiency of General Insurance Companies in the Egyptian Market.

Document Type : Original Article

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Statistics, Mathematic and Insurance department Faculty of Commerce Bani swaif University Bani swaif Egypt

Abstract

This study aims to use both the traditional data envelopment analysis method and Two-stage data envelopment analysis method in measuring the relative efficiency of general insurance companies (16 companies) in the Egyptian market during 2017/2018. the study found that the proportion of companies that achieved efficiency by using the traditional method, it reached 56.25%, while none of these companies achieved overall efficiency in general by using the Two-stage data envelopment analysis method during the same period, which confirms that the traditional method does not measure Some of the insurance companies are not Efficient and some of these companies have achieved full efficiency in the first stage only and the other has achieved full efficiency in the second stage and vice versa, and the study recommended that insurance companies should be used to measure efficiency in two stages to determine efficient companies in each stage instead of measuring efficiency in general according to the traditional method.                              

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