{"id":185,"date":"2019-07-23T07:56:55","date_gmt":"2019-07-23T07:56:55","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=185"},"modified":"2021-12-31T15:08:57","modified_gmt":"2021-12-31T15:08:57","slug":"profit-after-tax","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/indian-non-life-insurance-industry-analysis\/section-03-industry-business-highlights\/profit-after-tax\/","title":{"rendered":"3.13 &#8211; Profit After Tax"},"content":{"rendered":"\n<p>The Non-Life Insurance Industry has generated an operating loss for 2020-21 amounting to \u20b91,366 Crores after allocation of investment income pertaining to policyholders.<\/p>\n\n\n<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 3.13.1<\/span>Operating Profits - Non Life Insurance Industry<\/h3><div id=\"Chart_256\"><\/div><script type=\"text\/javascript\">\n                     jQuery(document).ready(function () {\n                         multiple_column_multiple_line_1(\"Chart_256\",{\"data\":{\"Investment Income\":{\"2011-12\":7056,\"2012-13\":9088,\"2013-14\":10514,\"2014-15\":12429,\"2015-16\":14169,\"2016-17\":16322,\"2017-18\":19986,\"2018-19\":20453,\"2019-20\":23134,\"2020-21\":23941}},\"dataLine\":{\"Pure underwriting losses\":{\"2011-12\":-9042,\"2012-13\":-7472,\"2013-14\":-7691,\"2014-15\":-10821,\"2015-16\":-15164,\"2016-17\":-21077,\"2017-18\":-16013,\"2018-19\":-24010,\"2019-20\":-29316,\"2020-21\":-25307},\"Operating Profits\":{\"2011-12\":-1986,\"2012-13\":1616,\"2013-14\":2823,\"2014-15\":1608,\"2015-16\":-996,\"2016-17\":-4755,\"2017-18\":3973,\"2018-19\":-3557,\"2019-20\":-6182,\"2020-21\":-1366}},\"Title\":\"Operating Profits - Non Life Insurance Industry\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 In Crores\",\"zTitle\":\"\",\"yAxisData\":{\"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\"},\"zAxisData\":{\"2011-12\":0,\"2012-13\":0,\"2013-14\":0,\"2014-15\":0,\"2015-16\":0,\"2016-17\":0,\"2017-18\":0,\"2018-19\":0,\"2019-20\":0,\"2020-21\":0},\"colorLine\":[\"#d63532\",\"#504d4c\"],\"colorCodes\":[\"#6ab82f\"]});\n                     });\n                 <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: Council Compilation<\/em> <em>as per source <\/em><br><em>data submitted by companies<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><br><br><\/cite><\/blockquote>\n\n\n\n<p>The Non-Life Insurance Industry has been continuously generating PAT since 2012-13. In the year 2020-21 the Profit After Tax was \u20b93,869 Crores<\/p>\n\n\n<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 3.13.2<\/span>Net Profits - Non Life Insurance Industry<\/h3><div id=\"Chart_257\"><\/div><script type=\"text\/javascript\">\n                     jQuery(document).ready(function () {\n                         multiple_column_multiple_line_1(\"Chart_257\",{\"data\":{\"Profits after tax\":{\"2011-12\":438,\"2012-13\":3598,\"2013-14\":4645,\"2014-15\":4848,\"2015-16\":3240,\"2016-17\":792,\"2017-18\":6909,\"2018-19\":683,\"2019-20\":-1403,\"2020-21\":3869}},\"dataLine\":{\"Profits after investment income\":{\"2011-12\":684,\"2012-13\":4623,\"2013-14\":6534,\"2014-15\":5994,\"2015-16\":3967,\"2016-17\":98,\"2017-18\":9549,\"2018-19\":2278,\"2019-20\":-552,\"2020-21\":4621},\"Operating Profits\":{\"2011-12\":-1986,\"2012-13\":1616,\"2013-14\":2823,\"2014-15\":1608,\"2015-16\":-996,\"2016-17\":-4755,\"2017-18\":3973,\"2018-19\":-3557,\"2019-20\":-6182,\"2020-21\":-1366},\"Investment income - Shareholders\":{\"2011-12\":2898,\"2012-13\":3328,\"2013-14\":3791,\"2014-15\":4357,\"2015-16\":4954,\"2016-17\":5111,\"2017-18\":5513,\"2018-19\":5835,\"2019-20\":5629,\"2020-21\":5987}},\"Title\":\"Net Profits - Non Life Insurance Industry\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 In Crores\",\"zTitle\":\"\",\"yAxisData\":{\"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\"},\"zAxisData\":{\"2011-12\":0,\"2012-13\":0,\"2013-14\":0,\"2014-15\":0,\"2015-16\":0,\"2016-17\":0,\"2017-18\":0,\"2018-19\":0,\"2019-20\":0,\"2020-21\":0},\"colorLine\":[\"#febf3b\",\"#da4e86\",\"#528135\"],\"colorCodes\":[\"#524e4d\"]});\n                     });\n                 <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\">  <em><strong>Source<\/strong>: Council Compilation<\/em> <em>as per source <\/em><br><em>data submitted by companies<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Non-Life Insurance Industry has generated an operating loss for 2020-21 amounting to \u20b91,366 Crores after allocation of investment income [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":529,"menu_order":13,"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\/185"}],"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=185"}],"version-history":[{"count":20,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/185\/revisions"}],"predecessor-version":[{"id":2417,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/185\/revisions\/2417"}],"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=185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}