{"id":185,"date":"2019-07-23T07:56:55","date_gmt":"2019-07-23T07:56:55","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=185"},"modified":"2022-12-19T13:39:40","modified_gmt":"2022-12-19T13:39:40","slug":"profit-after-tax","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/indian-non-life-insurance-industry-analysis\/section-03-industry-business-highlights\/profit-after-tax\/","title":{"rendered":"3.13 &#8211; Profit After Tax"},"content":{"rendered":"\n<p>The Non-Life Insurance Industry has generated an operating loss for 2021-22 amounting to \u20b92,731 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.<\/p>\n\n\n<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 3.13.1<\/span>Operating Profits - Non Life Insurance Industry<\/h3><div id=\"Chart_256\"><\/div><script type=\"text\/javascript\">\n                     jQuery(document).ready(function () {\n                         multiple_column_multiple_line(\"Chart_256\",{\"data\":{\"Investment Income\":{\"2012-13\":9088,\"2013-14\":10514,\"2014-15\":12429,\"2015-16\":14169,\"2016-17\":16322,\"2017-18\":19986,\"2018-19\":20453,\"2019-20\":23134,\"2020-21\":23303,\"2021-22\":25768}},\"dataLine\":{\"Pure underwriting losses\":{\"2012-13\":-7472,\"2013-14\":-7691,\"2014-15\":-10821,\"2015-16\":-15164,\"2016-17\":-21077,\"2017-18\":-16013,\"2018-19\":-24010,\"2019-20\":-23114,\"2020-21\":-19441,\"2021-22\":-28498},\"Operating Profits\":{\"2012-13\":1616,\"2013-14\":2823,\"2014-15\":1608,\"2015-16\":-996,\"2016-17\":-4755,\"2017-18\":3973,\"2018-19\":-3557,\"2019-20\":21,\"2020-21\":3862,\"2021-22\":-2731}},\"Title\":\"Operating Profits - Non Life Insurance Industry\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 In Crores\",\"zTitle\":\"\",\"yAxisData\":{\"2012-13\":\"2012-13\",\"2013-14\":\"2013-14\",\"2014-15\":\"2014-15\",\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\",\"2021-22\":\"2021-22\"},\"zAxisData\":{\"2012-13\":0,\"2013-14\":0,\"2014-15\":0,\"2015-16\":0,\"2016-17\":0,\"2017-18\":0,\"2018-19\":0,\"2019-20\":0,\"2020-21\":0,\"2021-22\":0},\"colorLine\":[\"#feb5c7\",\"#ae7a92\"],\"colorCodes\":[\"#a73659\"]});\n                     });\n                 <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: Council Compilation<\/em> <em>as per source <\/em><br><em>data submitted by companies<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><br><br><\/cite><\/blockquote>\n\n\n\n<p>The Non-Life Insurance Industry has been continuously generating PAT since 2012-13. But this year Profit After Tax was a negative \u20b92,842 Crores.<\/p>\n\n\n<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 3.13.2<\/span>Net Profits - Non Life Insurance Industry<\/h3><div id=\"Chart_257\"><\/div><script type=\"text\/javascript\">\n                     jQuery(document).ready(function () {\n                         multiple_column_multiple_line_1(\"Chart_257\",{\"data\":{\"Operating Profits\":{\"2012-13\":1616,\"2013-14\":2823,\"2014-15\":1608,\"2015-16\":-996,\"2016-17\":-4755,\"2017-18\":3973,\"2018-19\":-3557,\"2019-20\":21,\"2020-21\":3862,\"2021-22\":-2731}},\"dataLine\":{\"Investment income - Shareholders\":{\"2012-13\":3328,\"2013-14\":3791,\"2014-15\":4357,\"2015-16\":4954,\"2016-17\":5111,\"2017-18\":5513,\"2018-19\":5835,\"2019-20\":5629,\"2020-21\":5646,\"2021-22\":6578},\"Profits after tax\":{\"2012-13\":3598,\"2013-14\":4645,\"2014-15\":4848,\"2015-16\":3240,\"2016-17\":792,\"2017-18\":6909,\"2018-19\":683,\"2019-20\":-1403,\"2020-21\":3869,\"2021-22\":-2842}},\"Title\":\"Net Profits - Non Life Insurance Industry\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 In Crores\",\"zTitle\":\"\",\"yAxisData\":{\"2012-13\":\"2012-13\",\"2013-14\":\"2013-14\",\"2014-15\":\"2014-15\",\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\",\"2021-22\":\"2021-22\"},\"zAxisData\":{\"2012-13\":0,\"2013-14\":0,\"2014-15\":0,\"2015-16\":0,\"2016-17\":0,\"2017-18\":0,\"2018-19\":0,\"2019-20\":0,\"2020-21\":0,\"2021-22\":0},\"colorLine\":[\"#a73659\",\"#eeb5c7\",\"#dc7a92\"],\"colorCodes\":[\"#a73659\"]});\n                     });\n                 <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\">  <em><strong>Source<\/strong>: Council Compilation<\/em> <em>as per source <\/em><br><em>data submitted by companies<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Non-Life Insurance Industry has generated an operating loss for 2021-22 amounting to \u20b92,731 Crores after allocation of investment income [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":529,"menu_order":13,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/wp-json\/wp\/v2\/pages\/185"}],"collection":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/wp-json\/wp\/v2\/comments?post=185"}],"version-history":[{"count":29,"href":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/wp-json\/wp\/v2\/pages\/185\/revisions"}],"predecessor-version":[{"id":3183,"href":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/wp-json\/wp\/v2\/pages\/185\/revisions\/3183"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/wp-json\/wp\/v2\/pages\/529"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2021-22\/wp-json\/wp\/v2\/media?parent=185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}