Since 2013-14, Shareholders’ Equity (representing Equity Share Capital plus Free Reserves less accumulated losses) of Non-Life Insurance Industry has decreased from ₹ 42,806 Crores to ₹ 90,133 Crores in 2022-23.

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.