中文摘要：

以2003～2012年期间具有完整经营年度的中外资寿险公司的经营数据为研究对象，采用DEA方法对中外资寿险公司的经营效率进行了测度与分析，并对近年来出现的“银行系”寿险公司进行了Malmquist指数测算。研究结果表明，寿险行业总体经营效率低下，仍有较大提升空间；中资寿险公司经营效率优于外资寿险公司，但差距逐渐缩小甚至消失；中资寿险公司较外资寿险公司更多的处于规模报酬递减阶段；商业银行的入股提升了寿险公司经营效率。

英文摘要：

This paper measured and analyzed the operating efficiency between China＇s domestic and Foreign life insurance company during the period 2003- 2012 by DEA. By measuring the Malmquist Index of＂Banking＂life insurance companies,we find that the overall operating efficiency of Life insurance industry is low and there is still much room to improve; China＇s domestic Life insurance have higher operating efficiency than Foreign Life insurance companies,but the gap is narrowing; More China＇s domestic Life insurance companies are in the stage of decreasing returns to scale; Commercial bank shares enhance the operating efficiency of Life insurance companies. Therefore,this paper proposes that the development of China＇s domestic Life insurance companies should focus on technology,product innovation and management improving; Foreign Life insurance companies should improve technology and management,at the same time,moderately expand their business scale; Finally the Insurance regulators should encourage qualified commercial banks to invest insurance companies,etc.