{"id":276,"date":"2019-07-29T09:12:44","date_gmt":"2019-07-29T09:12:44","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=276"},"modified":"2024-02-05T07:36:46","modified_gmt":"2024-02-05T07:36:46","slug":"rural-premium","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/indian-non-life-insurance-industry-analysis\/section-04-segmentwise-business-highlights\/rural-premium\/","title":{"rendered":"4.2 &#8211; Rural Premium"},"content":{"rendered":"\n<h4>Rural Premium<\/h4>\n\n\n\n<p>Other Miscellaneous segment in Rural premium is 56.20 in 2022-23, with the Crop Segment being the majority contributor. Additionally, motor captures a substantial share of the rural premium.<\/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 4.2.1<\/span>Segment-wise share of Rural Premium - 2022-23<\/h3><div id=\"Chart_178\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_178\", {\"unit\":\"\",\"data\":{\"Property\":{\"2022-23\":4.4},\"Marine & Aviation\":{\"2022-23\":0.7},\"Health & Personal Accident\":{\"2022-23\":14.1},\"Motor Overall\":{\"2022-23\":24.3},\"Others\":{\"2022-23\":56.2}},\"Title\":\"Segment-wise share of Rural Premium - 2022-23\",\"xTitle\":\"Line of Business\",\"yTitle\":\"Share of GDPI (in %)\",\"yAxisData\":{\"2022-23\":\"2022-23\"},\"colorCodes\":[\"#F109E6\",\"#612A8A\",\" #7030A0\",\"#CC99FF\",\" #F5A9FE\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: Rural Premium Data information submitted by individual companies to IRDAI monthly.<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><br><br><\/cite><\/blockquote>\n\n\n\n<p>Rural premium as a percentage of overall premium decreased slightly from 21.5% in 2021-22 to 21.2.% in 2022-23.<\/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 4.2.2<\/span>Rural \/ Urban Premium Percentage of Overall GDPI<\/h3><div id=\"Chart_179\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_179\", {\"unit\":\"\",\"data\":{\"Urban\":{\"2019-20\":77.6,\"2020-21\":77.5,\"2021-22\":78.5,\"2022-23\":78.8},\"Rural\":{\"2019-20\":22.4,\"2020-21\":22.5,\"2021-22\":21.5,\"2022-23\":21.2}},\"Title\":\"Rural \\\/ Urban Premium Percentage of Overall GDPI\",\"xTitle\":\"Year\",\"yTitle\":\"Percentage of Business\",\"yAxisData\":{\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\",\"2021-22\":\"2021-22\",\"2022-23\":\"2022-23\"},\"colorCodes\":[\"#F5A9FE\",\" #D766FA\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: Rural Premium Data information submitted by individual companies to IRDAI monthly.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rural Premium Other Miscellaneous segment in Rural premium is 56.20 in 2022-23, with the Crop Segment being the majority contributor. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":272,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/pages\/276"}],"collection":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/comments?post=276"}],"version-history":[{"count":27,"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/pages\/276\/revisions"}],"predecessor-version":[{"id":3761,"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/pages\/276\/revisions\/3761"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/pages\/272"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/media?parent=276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}