This study aims to analyze the value of efficiency and efficiency comparison ratio in conventional insurance companies and Islamic Sharia Business Unit (ISBU) of sharia insurance, both life and general insurance, in Indonesia in the period 2011-2015. The input variables used are total capital and total expenses. While the output variables in this study is total income.

The method used to obtain efficiency value for each insurance industry is Stochastic Frontier Analysis (SFA). The result of efficiency value from conventional insurance company and ISBU sharia insurance will be compared by using independent sample t-test statistic test. The population in this research is all conventional insurance company, both life and general, and all life and general insurance of ISBU sharia insurance that registered in the web of Financial Services Authority (FSA) in period 2011-2015. The sample used is 29 conventional insurance companies consisting of 21 life insurance companies and eight general insurance companies, and 13 ISBU sharia insurance consisting of ten sharia life insurance and three sharia general insurance.

This research resulted that there is no difference of efficiency value between conventional insurance company and ISBU sharia insurance in Indonesia in period 2011-2015.