All segments of business other than those dealt with separately earlier have been classified as Other Miscellaneous Insurance business.
Chart 4.11.1GDPI - Other Miscellaneous
Table 4.11.1Other Miscelleanous
| 2024-25 | Value |
| No. Of Policies | 21,708,783 |
| GDPI (in Cr) | 10,210 |
| No. Of Claims Reported | 1,298,126 |
| No. Of Paid Claims | 1,068,211 |
| Amt of Paid Claims (in Cr) | 4,619 |
Source: Council Compilation as per source
data submitted by companies
Both the GIC & NIC for other Miscellaneous have declined substantially as against the previous year.
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
In all the classes except Export and Credit, it has been observed that the Net Incurred Claim ratio is higher than 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.