{"id":274,"date":"2019-07-29T09:12:12","date_gmt":"2019-07-29T09:12:12","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=274"},"modified":"2026-02-25T13:08:35","modified_gmt":"2026-02-25T13:08:35","slug":"gdpi-policies","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/?page_id=274","title":{"rendered":"4.1 &#8211; GDPI &#038; Policies"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\"> GDPI &amp; Policies<\/h4>\n\n\n\n<p><\/p>\n\n\n\n<p>Gross Direct Premium income (in India) written by Non-Life Insurance Industry increased from \u20b92,89,673 Crores in 2023-24 to \u20b93,07,633 in 2024-25. Lines of business namely Motor, Health &amp; Personal Accident insurance constituted more than two-thirds of the Non-Life Insurance premium. Crop insurance and credit is an important segment in Other Misc class of business.<\/p>\n\n\n<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.1.1<\/span>Segment-wise share of GDPI<\/h3><div id=\"Chart_174\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_174\", {\"orientation\":\"false\",\"unit\":\"\",\"data\":{\"2022-23\":{\"Property\":11,\"Liability\":1.4,\"Marine & Aviation\":2.3,\"Health & Personal Accident\":38,\"Motor OD\":12.4,\"Motor TP\":19.3,\"Other Miscellaneous\":15.6},\"2023-24\":{\"Property\":10.8,\"Liability\":1.2,\"Marine & Aviation\":2.2,\"Health & Personal Accident\":40.3,\"Motor OD\":12.9,\"Motor TP\":18.8,\"Other Miscellaneous\":13.8},\"2024-25\":{\"Property\":9.8,\"Liability\":1.3,\"Marine & Aviation\":2.2,\"Health & Personal Accident\":41.4,\"Motor OD\":13,\"Motor TP\":19.2,\"Other Miscellaneous\":13.1}},\"Title\":\"Segment-wise share of GDPI\",\"xTitle\":\"Line of Business\",\"yTitle\":\"Share of GDPI (in %)\",\"yAxisData\":{\"Property\":\"Property\",\"Liability\":\"Liability\",\"Marine & Aviation\":\"Marine & Aviation\",\"Health & Personal Accident\":\"Health & Personal Accident\",\"Motor OD\":\"Motor OD\",\"Motor TP\":\"Motor TP\",\"Other Miscellaneous\":\"Other Miscellaneous\"},\"colorCodes\":[\"#643E0C\",\" #956D33\",\" #CF8900\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <strong>S<\/strong><em><strong>ource<\/strong>: Form I of I to X and Council Compilation<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><br><br><\/cite><\/blockquote>\n\n\n\n<p>The total number of policies issued by the Non-Life Insurance Industry increased significantly, rising from 33.48 crore policies in 2023-24 to 39.01 crore policies in 2024-25. However, there was a shift in the distribution of policies across different segments. The share of policies issued under the overall Motor insurance segment declined from 50.0% in 2023-24 to 46.2% in 2024-25. Personal Accident &amp; Health Policies have also declined from 14.8% in 2023-24 to 12.5% in 2024-25. On the other hand, the proportion of policies under the &#8220;Other Miscellaneous&#8221; class of business saw a notable rise, growing from 31.0% in 2023-24 to 35.7% in 2024-25, mostly emanating from Crop Insurance Business.<\/p>\n\n\n<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.1.2<\/span>Segment-wise Policies Issued<\/h3><div id=\"Chart_175\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_175\", {\"orientation\":\"false\",\"unit\":\"\",\"data\":{\"2022-23\":{\"Property\":2.9,\"Liability\":0.8,\"Marine & Aviation\":0.4,\"Health & Personal Accident\":14.3,\"Motor Overall\":52,\"Other Miscellaneous\":29.5},\"2023-24\":{\"Property\":3,\"Liability\":0.8,\"Marine & Aviation\":0.4,\"Health & Personal Accident\":14.8,\"Motor Overall\":50,\"Other Miscellaneous\":31},\"2024-25\":{\"Property\":3.3,\"Liability\":2,\"Marine & Aviation\":0.4,\"Health & Personal Accident\":12.5,\"Motor Overall\":46.2,\"Other Miscellaneous\":35.7}},\"Title\":\"Segment-wise Policies Issued\",\"xTitle\":\"Line of Business\",\"yTitle\":\"Share of Policies in GDPI (in %)\",\"yAxisData\":{\"Property\":\"Property\",\"Liability\":\"Liability\",\"Marine & Aviation\":\"Marine & Aviation\",\"Health & Personal Accident\":\"Health & Personal Accident\",\"Motor Overall\":\"Motor Overall\",\"Other Miscellaneous\":\"Other Miscellaneous\"},\"colorCodes\":[\"#643e0c\",\" #956d33\",\" #cf8900\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <strong>S<\/strong><em><strong>ource<\/strong>: Form I of I to X and Council Compilation<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><br><br><\/cite><\/blockquote>\n\n\n\n<div class=\"wp-block-columns has-2-columns\">\n\t<div class=\"wp-block-column\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.1.3<\/span>Segment-wise share of GDPI 2024-25<\/h3><div id=\"Chart_176\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_176\", {\"data\":{\"Property\":9.8,\"Liability\":1.3,\"Marine & Aviation\":2.1,\"Health & Personal Accident\":41.4,\"Motor Overall\":32.2,\"Other Miscellaneous\":13.2},\"Title\":\"\",\"SeriesTitle\":\"Segment-wise share of GDPI 2024-25\",\"colorCodes\":[\"#643E0C\",\"#F3E2C1\",\"#CF8900\",\"#FFC000\",\"#CF8900\",\"#956D33\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\t<\/div>\n\t<div class=\"wp-block-column\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.1.4<\/span>Segment-wise share of Policies Issued 2024-25<\/h3><div id=\"Chart_177\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_177\", {\"data\":{\"Property\":3.3,\"Liability\":2,\"Marine & Aviation\":0.4,\"Health & Personal Accident\":12.5,\"Motor Overall\":46.2,\"Other Miscellaneous\":35.6},\"Title\":\"\",\"SeriesTitle\":\"Segment-wise share of Policies Issued 2024-25\",\"colorCodes\":[\"#643E0C\",\"#F3E2C1\",\"#CF8900\",\"#FFC000\",\"#CF8900\",\"#956D33\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <strong>S<\/strong><em><strong>ource<\/strong>: Form I of I to X and Council Compilation<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GDPI &amp; Policies Gross Direct Premium income (in India) written by Non-Life Insurance Industry increased from \u20b92,89,673 Crores in 2023-24 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":272,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/274"}],"collection":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=274"}],"version-history":[{"count":39,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/274\/revisions"}],"predecessor-version":[{"id":4739,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/274\/revisions\/4739"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/272"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}