In the recent past, several research studies compared the performance of Indian non-life insurance companies in terms of efficiency and productivity. However, in all such efficiency studies, the non-life insurance companies have been considered as having black box production systems. The present study seeks to contribute to the existing efficiency literature by estimating non-life insurer performance in terms of network DEA models which enable a researcher to estimate efficiency at various sub-stages in addition to overall efficiency. Further, the study explores the impact of return on equity and solvency ratio on the efficiency performance of the in-sample insurance companies.