Profit Before Tax

The Non-Life Insurance Industry has generated an operating profit for the financial year 2024-25 amounting to ₹16,794 Crores as compared to ₹14,107 Crores last year, after allocation of investment income pertaining to policyholders and contribution from shareholders to meet EoM obligations. The investment income of the shareholders is ₹9,470 Crores in financial year 2024-25 as compared to ₹8,678 Crores in the previous financial year. After taking it into account other income / outgo amounting to ₹1,324 Crores, the profit before tax of the Non-Life Insurance Industry works out to ₹16,794 Crores in the current financial year as compared to ₹14,107 Crores in the previous year.

 

Chart 3.13.1Operating Profits - Non Life Insurance Industry

Source: Council Compilation as per source
data submitted by companies

Profit After Tax

PAT for the financial year 2024-25 is ₹13,155 Crores as compared to ₹10,664 Crores in the previous year. PAT shows wide variation in the ten year period 2015-16 to 2024-25 reflecting tough market conditions.

Chart 3.13.2Net Profits - Non Life Insurance Industry

Source: Council Compilation as per source
data submitted by companies