Efficiency Appraisal of China Insurance

China's insurances have got the development at full speed since resuming of insurance business. Up till now, the efficiency problem of insurance companies begins to become the focus that people pay close attention to. This paper examines and measures efficiency of 31 insurance companies at a wider range, and we estimate the technological efficiency with the C2R model with the efficiency of calculating with the C2GS2 model. We work out the efficiency of the whole insurances industry of China is relatively low. The technological efficiency of insurance companies of the foreign capitals is relatively high. The reorganization of the Chinese-funded insurance companies has enormously improved their own technological efficiency.