Since 2012-13, Shareholders’ Equity (representing Equity Share Capital plus Free Reserves less accumulated losses) of Non-Life Insurance Industry has increased from ₹37,225 Crores to ₹92,527 Crores in 2021-22, representing a CAGR of 10.7% over the period.

Chart 3.14.1Shareholders' Equity

Source: Council Compilation as per source
data submitted by companies

Note: From the FY 2020-21 onwards capital & free reserves include the carry forward losses of insurance companies.

Chart 3.14.2Shareholders' Equity (Split by Type of Company)

Source: IRDAI Reports & Council Compilation as
per source data submitted by companies

Note: From the year 2020-21 onwards capital & free reserves include the carry forward losses of insurance companies.