The composition of Marine and Aviation Insurance business is as mentioned below.
Premium from Marine Cargo increased again this year after the dip in previous year.
Chart 4.7.1Marine & Aviation Insurance
Table 4.7.1Marine & Aviation
| 2021-22 | Value |
| No. Of Policies | 1,343,318 |
| Premium (in Cr) | 5,020 |
| No. Of Claims Reported | 373,798 |
| No. Of Paid Claims | 310,505 |
| Amt of Paid Claims (in Cr) | 2,860 |
Source: Council Compilation as per source
data submitted by companies
Chart 4.7.2Gross & Net Incurred Claims Ratio - Marine (Cargo)
Source: Council Compilation as per source
data submitted by companies
Chart 4.7.3Gross & Net Incurred Claims Ratio - Marine (Hull)
Source: Council Compilation as per source
data submitted by companies
Chart 4.7.4Gross & Net Incurred Claims Ratio - Aviation
Source: Council Compilation as per source
data submitted by companies
Chart 4.7.5Rural vs Urban Premium - Marine & Aviation
Source: Council Compilation as per source
data submitted by companies