التكامل الاقتصادي

Evaluating The Relative Efficiency Of Non-life Insurance Companies In Algeria Using Data Envelopment Analysis (dea): An Empirical Study For 2024

Auteurs : Ameur Oussama .

Résumé

Abstract: This study aimed to measure and evaluate the relative efficiency of non-life insurance companies in Algeria during 2024 using Data Envelopment Analysis (DEA). An output-oriented approach was employed under both the Constant Returns to Scale (CRS) and Variable Returns to Scale (VRS) models. The analysis was based on data from twelve non-life insurance companies obtained from the 2024 Annual Report on Insurance Activity in Algeria issued by the Directorate of Insurance. The findings indicate that three companies achieved full technical, scale, and overall efficiency under both models, while five companies were inefficient under both CRS and VRS. Four companies were technically efficient under the VRS model but not under the CRS model, indicating that their inefficiency stemmed from scale inefficiency. The analysis also identified benchmark firms and the required input and output adjustments for inefficient companies, providing practical guidance for improving the performance and efficiency of Algeria's non-life insurance sector.

Mots clés

Non-life insurance; Relative efficiency; Data Envelopment Analysis (DEA); Insurance companies; Algeria