{"id":171,"date":"2019-07-23T07:51:28","date_gmt":"2019-07-23T07:51:28","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=171"},"modified":"2022-02-17T05:18:09","modified_gmt":"2022-02-17T05:18:09","slug":"expenses-management","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/indian-non-life-insurance-industry-analysis\/section-03-industry-business-highlights\/expenses-management\/","title":{"rendered":"3.6 &#8211; Expenses Management"},"content":{"rendered":"<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 3.6.1<\/span>Expenses of Management<\/h3><div id=\"Chart_35\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        dual_axis_column_line_chart(\"Chart_35\", {\"data\":{\"Expenses of Management\":{\"2011-12\":12401,\"2012-13\":14760,\"2013-14\":16039,\"2014-15\":20324,\"2015-16\":23566,\"2016-17\":28016,\"2017-18\":26785,\"2018-19\":30604,\"2019-20\":42045,\"2020-21\":44134},\"EoM as % of NEP\":{\"2011-12\":29.1,\"2012-13\":28.8,\"2013-14\":26.7,\"2014-15\":30.1,\"2015-16\":31.1,\"2016-17\":31.6,\"2017-18\":26.7,\"2018-19\":27,\"2019-20\":33.3,\"2020-21\":32.1}},\"Title\":\"Expenses of Management\",\"xTitle\":\"Year\",\"yTitle\":\"EoM (%)\",\"zTitle\":\"Premium (\\u20b9 In Crores)\",\"xAxisData\":{\"2011-12\":\"2011-12\",\"2012-13\":\"2012-13\",\"2013-14\":\"2013-14\",\"2014-15\":\"2014-15\",\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\"},\"yAxisData\":{\"Expenses of Management\":{\"2011-12\":12401,\"2012-13\":14760,\"2013-14\":16039,\"2014-15\":20324,\"2015-16\":23566,\"2016-17\":28016,\"2017-18\":26785,\"2018-19\":30604,\"2019-20\":42045,\"2020-21\":44134}},\"zAxisData\":{\"EoM as % of NEP\":{\"2011-12\":29.1,\"2012-13\":28.8,\"2013-14\":26.7,\"2014-15\":30.1,\"2015-16\":31.1,\"2016-17\":31.6,\"2017-18\":26.7,\"2018-19\":27,\"2019-20\":33.3,\"2020-21\":32.1}},\"colorCodes\":[\"#013F63\",\"#D65D18\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"><em><strong>Source<\/strong>: IRDAI Annual Reports for prior years and Public Disclosures of companies for 2020-21<\/em><\/p>\n\n\n\n<p>Expenses of Management have been steadily rising from \u20b912,401 Crores in 2011-12 to \u20b944,134 Crores in 2020-21, reflecting a CAGR of 15.15%.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: IRDAI Annual Reports for prior years and Public Disclosures of companies for 2020-21 Expenses of Management have been steadily [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":529,"menu_order":6,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/171"}],"collection":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/comments?post=171"}],"version-history":[{"count":20,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/171\/revisions"}],"predecessor-version":[{"id":2682,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/171\/revisions\/2682"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/529"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/media?parent=171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}