All segments of business other than those dealt with separately earlier have been classified as Other Miscellaneous Insurance business. This includes the figures of credit business overall and also in the consolidation and reclassification of certain segments in the liability business
Chart 4.11.1GDPI - Other Miscellaneous
Table 4.11.1Other Miscelleanous
| 2023-24 | Value |
| No. Of Policies | 2,59,85,141 |
| GDPI (in Cr) | 9,937 |
| No. Of Claims Reported | 3,99,648 |
| No. Of Paid Claims | 6,01,111 |
| Amt of Paid Claims (in Cr) | 3,597 |
Source: Council Compilation as per source
data submitted by companies
Chart 4.11.2Gross & Net Incurred Claims Ratio - Miscellaneous
Source: Council Compilation as per source
data submitted by companies
Chart 4.11.3Rural vs Urban Premium - Other Miscelleanous
Source: Council Compilation as per source
data submitted by companies
Across all classes except Marine Hull, and Export Credit, the Net Incurred Claim ratio exceeds the Gross Incurred Claim ratio. This discrepancy may be attributed to factors such as attritional losses retained on the net account, higher deductibles set for XL cover, and inadequate pricing of the risks insured.