Hayat-Dışı Sigorta Şirketlerinde 16 Yıl Arayla Yapılan Etkinlik Analizleri ve Sonuçlarının Karşılaştırılması

Efficiency is the process of achieving the highest output with minimum cost and effort, and efficiency analysis have been made in the insurance industry which is in highly competitive circumstances. In this study, efficiency scores of data envelopment analysis of the insurance companies operating in non-life branches in Turkish Insurance Industry, which were formed to be used similar inputs and outputs in 2002 and 2018 were compared. At this stage, it was received support from the thesis covering 2013-2017 and entitled efficiency analysis of Turkish Insurance Industry. Researchers formed this study based on their research in 2002 and by taking into account the data of 2018, which have recently been published. In 2002, only 7 of the non-life companies did not make any changes; in others, change of name or joint of companies, bankruptcy, and transfers to the SDIF are a matter of discussion. It is very unlikely that the insured will be able to issue a policy with the same company in non-life branches for 16 years. The number of efficient ones of 37 insurance companies which were included in the analysis in 2018 remained at 7. According to these results, the insurance companies which hold the majority of the market share in the industry and have a relatively large scale, have been observed to be ineffective than the insurance companies which provide services at a smaller scale. In 2013-2018 periods, the lowest efficiency scores were experienced in 2016, and despite the increase in 2017, there was a decrease in efficiency again in 2018. 2019 and beyond are very important for insurance companies in the Turkish insurance Industry in general and in non-life branches in particular.