Table 14Gross Underwriting Experience - 2015-16 to 2024-25 (Overall Figures)
| Year | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 |
| Gross Direct Premium | 99,332.95 | 1,30,970.11 | 1,53,437.54 | 1,72,482.74 | 1,92,192.59 | 202,094.36 | 2,24,002 | 2,60,328 | 2,89,673 | 311666 |
| Gross Written Premium | 1,02,395.77 | 1,34,177.33 | 1,56,629.01 | 1,75,899.19 | 1,95,201.61 | 206,905.70 | 2,29,792 | 2,66,591 | 3,00,843 | 321511 |
| Gross Earned Premium | 96,049.98 | 1,18,181.77 | 1,45,079.53 | 1,66,407.40 | 1,85,396.17 | 200,844.08 | 2,18,139 | 2,48,310 | 2,78,799 | 232912 |
| Gross Direct Claims | 79,256.69 | 1,12,962.62 | 1,24,708.49 | 1,38,826.94 | 1,52,737.58 | 148,031.96 | 178,909 | 1,90,231 | 2,21,347 | 227538 |
| Gross Direct Claims as % to GEP | 82.52% | 95.58% | 85.96% | 83.43% | 82.38% | 73.70% | 82.0% | 76.6% | 79.4% | 97.7% |
| Gross Direct Commission | 5,995.99 | 6,882.19 | 10,730.57 | 12,719.49 | 14,411.87 | 15,992.39 | 16,193 | 20,515 | 40,300 | 47923 |
| Gross Direct Commission as % to GWP | 5.86% | 5.13% | 6.85% | 7.23% | 7.38% | 7.73% | 7.0% | 7.7% | 13.4% | 14.9% |
| Expenses of Management | 23,062.00 | 26,827.00 | 26,329.00 | 30,604.00 | 42,045.45 | 43,545.00 | 46,551 | 54,689 | 38,649 | 40788 |
| Expenses of Management as % to GWP | 22.52% | 19.99% | 16.81% | 17.40% | 21.54% | 21.05% | 20.3% | 20.5% | 12.8% | 12.7% |
| Underwriting Surplus/(Deficit) | (12,264.70) | (28,490.03) | (16,688.52) | (15,743.04) | (23,798.73) | (6,725.27 ) | (23,514) | (17,125) | (21497) | (83337) |
| Underwriting Surplus/(Deficit) as % to GEP | -12.77% | -24.11% | -11.50% | -9.46% | -12.84% | -3.35% | -10.8% | -6.9% | -7.7% | -35.8% |
(₹ in Crores)
Source: IRDAI reports and Council Compilation