{"id":659,"date":"2019-08-14T18:37:40","date_gmt":"2019-08-14T18:37:40","guid":{"rendered":"https:\/\/www.gicouncil.in\/yearbook\/?page_id=659"},"modified":"2022-02-21T16:24:01","modified_gmt":"2022-02-21T16:24:01","slug":"table-15-net-underwriting-experiencee-2008-09-to-2017-18-overall-figures","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/annexures\/table-15-net-underwriting-experiencee-2008-09-to-2017-18-overall-figures\/","title":{"rendered":"Table 15: Net Underwriting Experience – 2010-11 to 2020-21 (Overall Figures)"},"content":{"rendered":"

Table 15<\/span>Net Underwriting Experience - 2010-11 to 2020-21 (Overall Figures)<\/h3>
Year <\/td> 2011-12 <\/td> 2012-13 <\/td> 2013-14 <\/td> 2014-15 <\/td> 2015-16 <\/td> 2016-17 <\/td> 2017-18 <\/td> 2018-19 <\/td> 2019-20 <\/td> 2020-21 <\/td> <\/tr>
Net Written Premium <\/td> 47,852.19 <\/td> 55,890.16 <\/td> 64,863.56 <\/td> 71,300.23 <\/td> 81,450.16 <\/td> 94,177.57 <\/td> 1,07,410.75 <\/td> 1,20,386.40 <\/td> 1,30,187.03 \n <\/td> 147,038.00 <\/td> <\/tr>
Net Earned Premium <\/td> 42,641.17 <\/td> 51,226.17 <\/td> 60,009.74 <\/td> 67,428.11 <\/td> 75,877.60 <\/td> 88,724.95 <\/td> 1,00,452.71 <\/td> 1,13,333.77 <\/td> 1,26,179.00 \n <\/td> 137,619.58 <\/td> <\/tr>
Net Incurred Claims <\/td> 37,738.90 <\/td> 42,549.95 <\/td> 49,163.80 <\/td> 55,231.87 <\/td> 64,495.03 <\/td> 80,662.18 <\/td> 85,650.15 <\/td> 1,01,051.02 <\/td> 1,08,390.26 \n <\/td> 111,549.09 <\/td> <\/tr>
Net Incurred Claims as % to NEP <\/td> 88.50% <\/td> 83.06% <\/td> 81.93% <\/td> 81.91% <\/td> 85.00% <\/td> 90.91% <\/td> 85.26% <\/td> 89.16% <\/td> 85.90%\n <\/td> 81.06% <\/td> <\/tr>
Net Commission <\/td> 1,772.19 <\/td> 1,708.13 <\/td> 2,578.11 <\/td> 2,663.81 <\/td> 2,973.01 <\/td> 1,380.24 <\/td> 3,966.62 <\/td> 5,694.77 <\/td> 5,673.96 \n <\/td> 7,209.32 <\/td> <\/tr>
Net Commission as % to NWP <\/td> 3.70% <\/td> 3.06% <\/td> 3.97% <\/td> 3.74% <\/td> 3.65% <\/td> 1.47% <\/td> 3.69% <\/td> 4.73% <\/td> 4.36%\n <\/td> 4.90% <\/td> <\/tr>
Expenses of Management <\/td> 12,119.25 <\/td> 14,602.72 <\/td> 15,920.90 <\/td> 20,195.94 <\/td> 23,231.73 <\/td> 25,079.43 <\/td> 25,719.18 <\/td> 28,624.09 <\/td> 42,045.45 \n <\/td> 44,133.78 <\/td> <\/tr>
EOM as % to NEP <\/td> 28.42% <\/td> 28.51% <\/td> 26.53% <\/td> 29.95% <\/td> 30.62% <\/td> 28.27% <\/td> 25.60% <\/td> 25.26% <\/td> 33.32%\n <\/td> 32.07% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> (8,989.17) <\/td> (7,634.62) <\/td> (7,653.07) <\/td> (10,663.51) <\/td> (14,822.17) <\/td> (18,396.91) <\/td> (14,883.25) <\/td> (22,036.11) <\/td> (29,930.67)\n <\/td> \u00a0(25,272.61) <\/td> <\/tr>
Underwriting Surplus\/(Deficit) as % to NEP <\/td> -21.08% <\/td> -14.90% <\/td> -12.75% <\/td> -15.81% <\/td> -19.53% <\/td> -20.73% <\/td> -14.82% <\/td> -19.44% <\/td> -23.72%\n <\/td> -18.36% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

(\u20b9 in Crores)<\/strong><\/em><\/p>\n\n\n\n

Source<\/strong>: IRDAI reports and Council Compilation<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

(\u20b9 in Crores) Source: IRDAI reports and Council Compilation<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":28,"menu_order":15,"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\/659"}],"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=659"}],"version-history":[{"count":8,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/659\/revisions"}],"predecessor-version":[{"id":2778,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/659\/revisions\/2778"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/28"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/media?parent=659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}