The Efficiency Comparison Between China-owned And Foreign-owned Property Insurance Enterprise

The financial industry have a high speed development in China under the financial system reform. However,the banking,insurance, securities industry did not have a balance development.The development of insurance industry steps far away from the other industry,especially the property insurance industry as a whole.Although property insurance industry is not the pillar industry in the national economy, the development of the national economy cannot leave property insurance as a risk transfer tool.The development of the insurance industry influence the development of the national economy from the other side. But China’s property insurance industry pay more attention to promote growth of the premium,but not the property insurance company’s management efficiency. And therefore, the research of the property insurance industry’s efficiency seems more and more important. At the same time, there is not a complete research system in property insurance industry in our country. This paper comb all kinds of the conclusions on the basis of the conclusion about the research of the property insurance industry’s efficiency before.At the same time,this paper use DEA method to analysis China’s property insurance industry’s efficiency through the comparison between China-owned enterprise and foreign-owned enterprise.At the end of the paper,the writer put some forward suggestions.Specifically, this article is divided into five chapters. The first chapter explain the meaning of efficiency basically, and discusse the research of Chinese and foreign property insurance company’s efficiency comparison. The second chapter is the literature review, including property insurance company efficiency research contents summary and research methods of the efficiency of the summary. On the basis of the author and the efficiency of this article, the reason why the writer use DEA method is summarized; Chapter 3 is the selection of input and output variables; The fourth chapter is the empirical analysis, including prophase sample selection, data collection and validation; Chapter 5 is mainly get the results of this study summarized, including the conclusion from micro and macro level and give Chinese property insurance company some suggestions from angle of regulators etc.