Measuring cost efficiency of Indian life insurance companies during the post-liberalisation era: a farrell approach
By: Roy, Mitrendu Narayan.
Contributor(s): Saha, Siddhartha Sankar.
Publisher: Kolkata CMA Kaushik Banerjee 2023Edition: Vol.58(5), May.Description: 87-91p.Subject(s): Construction Engineering and Management (CEM)Online resources: Click here In: Management and accountant journalSummary: This article estimates the cost efficiencies of all Indian life insurance companies during the post-liberalisation era based on Farrell (1957) approach. Data on input and output variables and input price variables for all 24 companies have been collected from IRDA’s handbook on Indian insurance statistics. It is seen that the Indian life insurance sector is 63.5 per cent cost efficient. While LIC, Edelweiss Tokio, IndiaFirst, SBI Life, Canara HSBC OBC and HDFC Life consistently projected high cost efficiency, Future Generali, Bajaj Allianz, Aviva Life, Bharti AXA, Shriram and Reliance Nippon Life failed to achieve cost efficient status.Item type | Current location | Call number | Status | Date due | Barcode | Item holds |
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Articles Abstract Database | School of Engineering & Technology (PG) Archieval Section | Not for loan | 2023-1439 |
This article estimates the cost efficiencies of all Indian life insurance companies during the post-liberalisation era based on Farrell (1957) approach. Data on input and output variables and input price variables for all 24 companies have been collected from IRDA’s handbook on Indian insurance statistics. It is seen that the Indian life insurance sector is 63.5 per cent cost efficient. While LIC, Edelweiss Tokio, IndiaFirst, SBI Life, Canara HSBC OBC and HDFC Life consistently projected high cost efficiency, Future Generali, Bajaj Allianz, Aviva Life, Bharti AXA, Shriram and Reliance Nippon Life failed to achieve cost efficient status.
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