{"id":288,"date":"2019-07-29T09:16:42","date_gmt":"2019-07-29T09:16:42","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=288"},"modified":"2024-02-16T07:27:17","modified_gmt":"2024-02-16T07:27:17","slug":"miscellaneous","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/indian-non-life-insurance-industry-analysis\/section-04-segmentwise-business-highlights\/miscellaneous\/","title":{"rendered":"4.11 &#8211; Other Miscellaneous"},"content":{"rendered":"\n<p>All segments of business other than those dealt with separately earlier have been classified as Other Miscellaneous Insurance business.<\/p>\n\n\n\n<div class=\"wp-block-columns w-two-one\">\n\t<div class=\"wp-block-column_2\">\n\t\t<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 4.11.1<\/span>GDPI - Other Miscellaneous<\/h3><div id=\"Chart_195\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        stacked_column_chart(\"Chart_195\", {\"stacklabels\":true,\"data\":{\"Other Miscellaneous\":{\"2013-14\":4870,\"2014-15\":5671,\"2015-16\":5633,\"2016-17\":18006,\"2017-18\":22190,\"2018-19\":5010,\"2019-20\":4528,\"2020-21\":4318,\"2021-22\":4626,\"2022-23\":6508},\"Crop Insurance\":{\"2013-14\":0,\"2014-15\":0,\"2015-16\":0,\"2016-17\":0,\"2017-18\":0,\"2018-19\":27624,\"2019-20\":32273,\"2020-21\":31120,\"2021-22\":29465,\"2022-23\":32065}},\"Title\":\"GDPI - Other Miscellaneous\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 in Crores\",\"yAxisData\":{\"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\",\"2022-23\":\"2022-23\"},\"colorCodes\":[\"#F5A9FE\",\"#D766FA\"]});\n                    });\n                <\/script>\n\t<\/div>\n\t<div class=\"wp-block-column_1\">\n\t\t<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;\"> Table 4.11.1<\/span>Other Miscelleanous<\/h3><table width=\"100%\" class=\"\">    <tbody>        <tr>                    <td>                        2022-23                    <\/td>                    <td>                        Value                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Policies                    <\/td>                    <td>                            1,65,01,474                    <\/td>        <\/tr>        <tr>                    <td>                            GDPI (in Cr)                    <\/td>                    <td>                            6,508                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Claims Reported                    <\/td>                    <td>                            6,12,288                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Paid Claims                    <\/td>                    <td>                            6,27,328                    <\/td>        <\/tr>        <tr>                    <td>                            Amt of Paid Claims (in Cr)                    <\/td>                    <td>                            3,853                    <\/td>        <\/tr>    <\/tbody><\/table>\n                <span style=\"margin-left: 139px;font-size:13px\"> <i><\/i><\/span>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: <\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>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><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/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 4.11.2<\/span>Gross & Net Incurred Claims Ratio - Miscellaneous<\/h3><div id=\"Chart_196\" class=\"chart-div\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        multiline_chart(\"Chart_196\", {\"unit\":\"%\",\"data\":{\"Gross Incurred Claims Ratio\":{\"2013-14\":\"57.26\",\"2014-15\":\"85.02\",\"2015-16\":\"93.05\",\"2016-17\":\"79.3\",\"2017-18\":\"85.16\",\"2018-19\":\"57.91\",\"2019-20\":\"63.34\",\"2020-21\":\"50.22\",\"2021-22\":\"91.8\",\"2022-23\":\"41.12\"},\"Net Incurred Claims Ratio\":{\"2013-14\":\"66.2\",\"2014-15\":\"66.69\",\"2015-16\":\"67.1\",\"2016-17\":\"79.3\",\"2017-18\":\"39.9\",\"2018-19\":\"61.36\",\"2019-20\":\"68.65\",\"2020-21\":\"48.65\",\"2021-22\":\"53.6\",\"2022-23\":\"64.11\"}},\"Title\":\"Gross & Net Incurred Claims Ratio - Miscellaneous\",\"xTitle\":\"Year\",\"yTitle\":\"Claim Ratio (%)\",\"yAxisData\":{\"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\",\"2022-23\":\"2022-23\"},\"colorCodes\":[\"#7030A0\",\"#BC00BC\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: <\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/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 4.11.3<\/span>Rural vs Urban Premium - Other Miscelleanous<\/h3><div id=\"Chart_289\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_289\", {\"data\":{\"Rural Premium\":821,\"Urban Premium\":5687},\"Title\":\"\",\"SeriesTitle\":\"Rural vs Urban Premium - Other Miscelleanous\",\"colorCodes\":[\"#F5A9FE\",\" #D766FA\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>:<\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>In all the classes except Export Credit, it has been observed that the Net Incurred Claim ratio is higher than that of the Gross Incurred Claim ratio. This could be probably due to attritional losses borne on net account, higher deductible fixed in respect of XL cover and insufficient rating of the risk covered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All segments of business other than those dealt with separately earlier have been classified as Other Miscellaneous Insurance business. Source: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":272,"menu_order":11,"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\/288"}],"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=288"}],"version-history":[{"count":35,"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/pages\/288\/revisions"}],"predecessor-version":[{"id":3837,"href":"https:\/\/www.gicouncil.in\/yearbook\/2022-23\/wp-json\/wp\/v2\/pages\/288\/revisions\/3837"}],"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=288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}