It has been observed that there is a 4.2% decline in the premium for the current fiscal year as compared to the previous year
From 2018-19, Crop and Weather related Insurances have been reported across almost all insurance companies. Figures till 2017-18 show figures for Agricultural Insurance Company of India Ltd (AIC) only.
Chart 4.9.1GDPI - Crop
Table 4.9.1Crop
| 2023-24 | Value |
| No. Of Policies | 77,842,512 |
| GDPI (in Cr) | 30,728 |
| No. Of Claims Reported | 43,915,235 |
| No. Of Paid Claims | 3,51,58,562 |
| Amt of Paid Claims (in Cr) | 27,034 |
Source: Council Compilation as per source
data submitted by companies
Chart 4.9.2Gross & Net Incurred Claims Ratio - Crop
Source: Council Compilation as per source
data submitted by companies
Chart 4.9.3Rural vs Urban Premium - Crop
Source: Council Compilation as per source
data submitted by companies
Chart 4.9.4Season-wise GDPI - Crop
Source: Council Compilation as per source
data submitted by companies