{"id":274,"date":"2019-07-29T09:12:12","date_gmt":"2019-07-29T09:12:12","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=274"},"modified":"2022-02-24T16:15:53","modified_gmt":"2022-02-24T16:15:53","slug":"gdpi-policies","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/indian-non-life-insurance-industry-analysis\/section-04-segmentwise-business-highlights\/gdpi-policies\/","title":{"rendered":"4.1 &#8211; GDPI &#038; Policies"},"content":{"rendered":"\n<h4> GDPI &amp; Policies<\/h4>\n\n\n\n<p><\/p>\n\n\n\n<p> Gross Direct Premium income (in and outside India) written by non-life Insurance Industry increased from \u20b91,92,193 Crores in 2019-20 to \u20b92,02,094 Crores in 2020-21. Personal lines of business namely Motor and Health &amp; Personal Accident insurance constituted close to two-thirds of the Non-Life Insurance premium. Crop insurance as an emerging segment comprises majority premium in Other Misc. <\/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 4.1.1<\/span>Segment-wise share of GDPI<\/h3><div id=\"Chart_174\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_174\", {\"orientation\":\"false\",\"unit\":\"\",\"data\":{\"2018-19\":{\"Property\":8.7,\"Liability\":1.3,\"Marine & Aviation\":2.2,\"Health & Personal Accident\":29.7,\"Motor OD\":16.3,\"Motor TP\":22.1,\"Other Miscellaneous\":19.6},\"2019-20\":{\"Property\":9.7,\"Liability\":1.4,\"Marine & Aviation\":2.2,\"Health & Personal Accident\":30.1,\"Motor OD\":14,\"Motor TP\":22.5,\"Other Miscellaneous\":20.1},\"2020-21\":{\"Property\":11.6,\"Liability\":1.5,\"Marine & Aviation\":2.1,\"Health & Personal Accident\":32.1,\"Motor OD\":13.1,\"Motor TP\":21,\"Other Miscellaneous\":18.5}},\"Title\":\"Segment-wise share of GDPI\",\"xTitle\":\"Line of Business\",\"yTitle\":\"Share of GDPI (in %)\",\"yAxisData\":{\"Property\":\"Property\",\"Liability\":\"Liability\",\"Marine & Aviation\":\"Marine & Aviation\",\"Health & Personal Accident\":\"Health & Personal Accident\",\"Motor OD\":\"Motor OD\",\"Motor TP\":\"Motor TP\",\"Other Miscellaneous\":\"Other Miscellaneous\"},\"colorCodes\":[\"#d55f31\",\"#93c570\",\"#c33f69\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <strong>S<\/strong><em><strong>ource<\/strong>: Form I of I to X and Council Compilation<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><br><br><\/cite><\/blockquote>\n\n\n\n<p>The number of policies issued increased from 24.16 Crores in 2019-20 to 25.06 Crores in 2020-21. Proportion of number of policies issued in Overall Motor has increased from 53.3% in 2019-20 to 53.8% in 2020-21 and Other Miscellaneous classes has increased from 21.3% in 2019-20 to 23.4% in 2020-21.<\/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 4.1.2<\/span>Segment-wise Policies Issued<\/h3><div id=\"Chart_175\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_175\", {\"orientation\":\"false\",\"unit\":\"\",\"data\":{\"2018-19\":{\"Property\":3.9,\"Liability\":0.4,\"Marine & Aviation\":0.9,\"Health & Personal Accident\":25.3,\"Motor Overall\":58.2,\"Other Miscellaneous\":11.3},\"2019-20\":{\"Property\":3,\"Liability\":0.3,\"Marine & Aviation\":0.7,\"Health & Personal Accident\":21.4,\"Motor Overall\":53.3,\"Other Miscellaneous\":21.3},\"2020-21\":{\"Property\":2.8,\"Liability\":0.3,\"Marine & Aviation\":0.6,\"Health & Personal Accident\":19.2,\"Motor Overall\":53.8,\"Other Miscellaneous\":23.4}},\"Title\":\"Segment-wise Policies Issued\",\"xTitle\":\"Line of Business\",\"yTitle\":\"Share of GDPI (in %)\",\"yAxisData\":{\"Property\":\"Property\",\"Liability\":\"Liability\",\"Marine & Aviation\":\"Marine & Aviation\",\"Health & Personal Accident\":\"Health & Personal Accident\",\"Motor Overall\":\"Motor Overall\",\"Other Miscellaneous\":\"Other Miscellaneous\"},\"colorCodes\":[\"#d55f31\",\"#93c570\",\"#c33f69\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <strong>S<\/strong><em><strong>ource<\/strong>: Form I of I to X and Council Compilation<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><br><br><\/cite><\/blockquote>\n\n\n\n<div class=\"wp-block-columns has-2-columns\">\n\t<div class=\"wp-block-column\">\n\t\t<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 4.1.3<\/span>Segment-wise share of GDPI 2020-21<\/h3><div id=\"Chart_176\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_176\", {\"data\":{\"Property\":11.61,\"Liability\":1.52,\"Marine & Aviation\":2.13,\"Health & Personal Accident\":32.07,\"Motor Overall\":34.14,\"Other Miscellaneous\":18.53},\"Title\":\"\",\"SeriesTitle\":\"Segment-wise share of GDPI 2020-21\",\"colorCodes\":[\"#d55f31\",\"#b1a2c8\",\"#004567\",\"#dc4978\",\"#94283b\",\"#90756e\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\t<\/div>\n\t<div class=\"wp-block-column\">\n\t\t<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 4.1.4<\/span>Segment-wise share of Policies Issued 2020-21<\/h3><div id=\"Chart_177\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_177\", {\"data\":{\"Property\":2.81,\"Liability\":0.3,\"Marine & Aviation\":0.56,\"Health & Personal Accident\":19.2,\"Motor Overall\":53.77,\"Other Miscellaneous\":23.35},\"Title\":\"\",\"SeriesTitle\":\"Segment-wise share of Policies Issued 2020-21\",\"colorCodes\":[\"#d55f31\",\"#b1a2c8\",\"#004567\",\"#dc4978\",\"#94283b\",\"#90756e\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <strong>S<\/strong><em><strong>ource<\/strong>: Form I of I to X and Council Compilation<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GDPI &amp; Policies Gross Direct Premium income (in and outside India) written by non-life Insurance Industry increased from \u20b91,92,193 Crores [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":272,"menu_order":1,"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\/274"}],"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=274"}],"version-history":[{"count":27,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/274\/revisions"}],"predecessor-version":[{"id":2816,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/274\/revisions\/2816"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/272"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/media?parent=274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}