Evaluation of financial performance of Iranian insurance companies using two-stage data envelopment analysis technique

insurance companies as one of the most important financial institutions have a special place in economic growth and development , so that efficient performance of this sector will affect other economic sectors.Therefore, evaluating the performance of companies operating in this industry and identifying their strengths and weaknesses is of great importance. One of the performance appraisal techniques that has received a lot of attention in recent years is data envelopment analysis. In this paper, using the two-stage model of SORM-SBM data envelopment analysis, the performance evaluation of 21 insurance companies operating in Iran with financial indicators has been performed, which in addition to total efficiency, calculates and shows the efficiency of each company in both marketing and profitability. The company's performance is efficient if it has been efficient in both areas. The model values for each company are also calculated and the relationship between these values and total performance is shown