The Non-Life Insurance Industry has generated an operating loss for 2021-22 amounting to ₹2,731 Crores after allocation of investment income pertaining to policyholders. Investment income is increasing consistently over the years. Pure underwriting loss also saw decrease with respect to last year.
Chart 3.13.1Operating Profits - Non Life Insurance Industry
Source: Council Compilation as per source
data submitted by companies
The Non-Life Insurance Industry has been continuously generating PAT since 2012-13. But this year Profit After Tax was a negative ₹2,842 Crores.
Chart 3.13.2Net Profits - Non Life Insurance Industry
Source: Council Compilation as per source
data submitted by companies