Does Insurance Group Improve the Operating Efficiency of China's Insurance Companies?

本文在追踪我国保险集团发展现状的基础上,运用dEA方法和MAlMQuIST生产率指数对现有保险集团的经营效率进行评估。研究发现,集团化之后,四家保险公司的技术效率都有一定幅度的提高,其中平安集团的增幅最为明显。技术效率得到改善的原因主要是规模效率有显著的提高。从MAlMQuIST生产率指数及其分解来看,四大保险集团全要素生产率在集团化后普遍下降,主要原因是技术创新水平下降。This paper traces the latest development of China's insurance groups and assesses their operating efficiency using data envelopment analysis(DEA) and Malmquist productivity index.We find that technical efficiency was generally improved for these four groups because the scale efficiency was significantly increased.The results also show that the average M index of four major groups appears downward trend due to the decrease of technical innovation capability.中央高校基本科研业务费专项资金资助(项目号:2010221049