{"id":4566,"date":"2026-02-10T10:50:13","date_gmt":"2026-02-10T10:50:13","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=4566"},"modified":"2026-02-16T03:14:08","modified_gmt":"2026-02-16T03:14:08","slug":"table-22-gross-underwriting-experience-other-misc-2020-21-to-2024-25","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/?page_id=4566","title":{"rendered":"Table 22: Classwise UW results"},"content":{"rendered":"

Table 22a<\/span>GROSS UNDERWRITING EXPERIENCE - FIRE 2020-21 to 2024-25 <\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium <\/td> 58,856 <\/td> 73,811 <\/td> 90,869 <\/td> 1,09,070 <\/td> 1,19,066 <\/td> <\/tr>
Gross Written Premium <\/td> 23,679 <\/td> 25,643 <\/td> 28,543 <\/td> 30,697 <\/td> 28,896 <\/td> <\/tr>
Gross Earned Premium <\/td> 19,704 <\/td> 24,661 <\/td> 27,093 <\/td> 29,620 <\/td> 29,797 <\/td> <\/tr>
Gross Direct Claims <\/td> 11,799 <\/td> 10,058 <\/td> 9,735 <\/td> 18,202 <\/td> 17,067 <\/td> <\/tr>
Gross Direct Claims as % to GEP <\/td> 59.9% <\/td> 40.8% <\/td> 35.9% <\/td> 61.5% <\/td> 57.3% <\/td> <\/tr>
Gross Direct Commission <\/td> 2,387 <\/td> 2,571 <\/td> 2,730 <\/td> 3,616 <\/td> 3,901 <\/td> <\/tr>
Gross Direct Commission as % to GWP <\/td> 10.1% <\/td> 10.0% <\/td> 9.6% <\/td> 11.8% <\/td> 13.5% <\/td> <\/tr>
Expenses of Management <\/td> 4,983 <\/td> 5,195 <\/td> 5,855 <\/td> 4,489 <\/td> 3,782 <\/td> <\/tr>
Expenses of Management % to GWP <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> 534 <\/td> 6,837 <\/td> 8,773 <\/td> 3,313 <\/td> 5,047 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP <\/td> 2.7% <\/td> 27.7% <\/td> 32.4% <\/td> 11.2% <\/td> 16.9% <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - FIRE 2020-21 to 2024-25<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium <\/td> 8,589 <\/td> 8,924 <\/td> 9,284 <\/td> 9,097 <\/td> 8,442 <\/td> <\/tr>
Net Earned Premium <\/td> 7,792 <\/td> 8,450 <\/td> 8,907 <\/td> 9,164 <\/td> 8,736 <\/td> <\/tr>
Net Incurred claims <\/td> 5,230 <\/td> 5,500 <\/td> 5,166 <\/td> 7,178 <\/td> 6,390 <\/td> <\/tr>
Net Incurred Claims % to NEP <\/td> 67.1% <\/td> 65.1% <\/td> 58.0% <\/td> 78.3% <\/td> 73.1% <\/td> <\/tr>
Net Commission <\/td> 98 <\/td> (296) <\/td> (886) <\/td> (22) <\/td> 52 <\/td> <\/tr>
Net Commission % to NWP <\/td> 1.3% <\/td> (3.5%) <\/td> (9.9%) <\/td> (0.2%) <\/td> 0.6%\r\n <\/td> <\/tr>
Expenses of Management <\/td> 1,807 <\/td> 2,629 <\/td> 2,826 <\/td> 1,871 <\/td> 1,478 <\/td> <\/tr>
Expenses of Management % to NEP <\/td> 23.2% <\/td> 31.1% <\/td> 31.7% <\/td> 20.4% <\/td> 16.9% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> 657 <\/td> 617 <\/td> 1,801 <\/td> 137 <\/td> 816 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP <\/td> 8.4% <\/td> 7.3% <\/td> 20.2% <\/td> 1.5% <\/td> 9.3% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>.<\/p>\n\n\n\n

<\/p>\n\n\n

Table 22b<\/span>GROSS UNDERWRITING EXPERIENCE - ENGINEERING 2020-21 to 2024-25 <\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium <\/td> 3,040 <\/td> 3,641 <\/td> 4,377 <\/td> 5,486 <\/td> 6,144 <\/td> <\/tr>
Gross Written Premium <\/td> 3,249 <\/td> 3,857 <\/td> 4,673 <\/td> 5,738 <\/td> 6,418 <\/td> <\/tr>
Gross Earned Premium <\/td> 2,939 <\/td> 3,553 <\/td> 4,265 <\/td> 5,206 <\/td> 6,078 <\/td> <\/tr>
Gross Direct Claims <\/td> 1,388 <\/td> 1,118 <\/td> 1,548 <\/td> 2,979 <\/td> 1,721 <\/td> <\/tr>
Gross Direct Claims as % to GEP <\/td> 47.2% <\/td> 31.5% <\/td> 36.3% <\/td> 57.2% <\/td> 28.3% <\/td> <\/tr>
Gross Direct Commission <\/td> 326 <\/td> 375 <\/td> 423 <\/td> 651 <\/td> 820 <\/td> <\/tr>
Gross Direct Commission as % to GWP <\/td> 10.0% <\/td> 9.7% <\/td> 9.1% <\/td> 11.3% <\/td> 12.8% <\/td> <\/tr>
Expenses of Management <\/td> 684 <\/td> 781 <\/td> 959 <\/td> 839 <\/td> 840 <\/td> <\/tr>
Expenses of Management % to GWP <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> 541 <\/td> 1,279 <\/td> 1,335 <\/td> 736 <\/td> 2,697 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP <\/td> 18.4% <\/td> 36.0% <\/td> 31.3% <\/td> 14.1% <\/td> 44.4% <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - ENGINEERING 2020-21 to 2024-25<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium <\/td> 8,589 <\/td> 1,485 <\/td> 1,784 <\/td> 1,883 <\/td> 2,073 <\/td> <\/tr>
Net Earned Premium <\/td> 7,792 <\/td> 1,384 <\/td> 1,496 <\/td> 1,876 <\/td> 2,015 <\/td> <\/tr>
Net Incurred claims <\/td> 5,230 <\/td> 536 <\/td> 722 <\/td> 1,347 <\/td> 868 <\/td> <\/tr>
Net Incurred Claims % to NEP <\/td> 67.1% <\/td> 38.7% <\/td> 48.3% <\/td> 71.8% <\/td> 43.1% <\/td> <\/tr>
Net Commission <\/td> 98 <\/td> 37 <\/td> (25) <\/td> (10) <\/td> 4 <\/td> <\/tr>
Net Commission % to NWP <\/td> 1.3% <\/td> 2.7% <\/td> (1.7%) <\/td> (0.5%) <\/td> 0.2% <\/td> <\/tr>
Expenses of Management <\/td> 1,807 <\/td> 438 <\/td> 543 <\/td> 387 <\/td> 363 <\/td> <\/tr>
Expenses of Management % to NEP <\/td> 23.2% <\/td> 31.6% <\/td> 36.3% <\/td> 20.6% <\/td> 18.0% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> 657 <\/td> 373 <\/td> 256 <\/td> 152 <\/td> 780 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP <\/td> 8.4% <\/td> 27.0% <\/td> 17.1% <\/td> 8.1% <\/td> 38.7% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>.<\/p>\n\n\n\n

<\/p>\n\n\n

Table 22c<\/span>GROSS UNDERWRITING EXPERIENCE - MARINE CARGO 2020-21 to 2024-25<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium <\/td> 2,850 <\/td> 3,209 <\/td> 3,830 <\/td> 3,750 <\/td> 4,021 <\/td> <\/tr>
Gross Written Premium <\/td> 2,601 <\/td> 3,348 <\/td> 3,982 <\/td> 3,927 <\/td> 4,196 <\/td> <\/tr>
Gross Earned Premium <\/td> 2,629 <\/td> 2,975 <\/td> 3,665 <\/td> 3,955 <\/td> 4,062 <\/td> <\/tr>
Gross Direct Claims <\/td> 2,300 <\/td> 2,675 <\/td> 2,740 <\/td> 2,650 <\/td> 2,921 <\/td> <\/tr>
Gross Direct Claims as % to GEP <\/td> 87.5% <\/td> 89.9% <\/td> 74.8% <\/td> 67.0% <\/td> 71.9% <\/td> <\/tr>
Gross Direct Commission <\/td> 320 <\/td> 422 <\/td> 494 <\/td> 590 <\/td> 639 <\/td> <\/tr>
Gross Direct Commission as % to GWP <\/td> 12.3% <\/td> 12.6% <\/td> 12.4% <\/td> 15.0% <\/td> 15.2% <\/td> <\/tr>
Expenses of Management <\/td> 547 <\/td> 678 <\/td> 817 <\/td> 574 <\/td> 549 <\/td> <\/tr>
Expenses of Management % to GWP <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> (538) <\/td> (801) <\/td> (386) <\/td> 140 <\/td> (48) <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP <\/td> (20.5%) <\/td> (26.9%) <\/td> (10.5%) <\/td> 3.5% <\/td> (1.2%) <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - MARINE CARGO 2020-21 to 2024-25\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium <\/td> 1,771 <\/td> 2,292 <\/td> 2,568 <\/td> 2,714 <\/td> 2,915 <\/td> <\/tr>
Net Earned Premium <\/td> 1,739 <\/td> 2,153 <\/td> 2,563 <\/td> 2,658 <\/td> 2,865 <\/td> <\/tr>
Net Incurred claims <\/td> 1,204 <\/td> 1,772 <\/td> 1,972 <\/td> 2,091 <\/td> 2,252 <\/td> <\/tr>
Net Incurred Claims % to NEP <\/td> 69.2% <\/td> 82.3% <\/td> 76.9% <\/td> 78.7% <\/td> 78.6% <\/td> <\/tr>
Net Commission <\/td> 232 <\/td> 312 <\/td> 370 <\/td> 464 <\/td> 489 <\/td> <\/tr>
Net Commission % to NWP <\/td> 13.3% <\/td> 14.5% <\/td> 14.4% <\/td> 17.5% <\/td> 17.1% <\/td> <\/tr>
Expenses of Management <\/td> 373 <\/td> 675 <\/td> 782 <\/td> 558 <\/td> 510 <\/td> <\/tr>
Expenses of Management % to NEP <\/td> 21.4% <\/td> 31.4% <\/td> 30.5% <\/td> 21.0% <\/td> 17.8% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> (70) <\/td> (606) <\/td> (561) <\/td> (455) <\/td> (386) <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP <\/td> (4.0%) <\/td> (28.2%) <\/td> (21.9%) <\/td> (17.1%) <\/td> (13.5%) <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>.<\/p>\n\n\n\n

<\/p>\n\n\n

Table 22d<\/span>GROSS UNDERWRITING EXPERIENCE - MARINE HULL 2020-21 to 2024-25<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium <\/td> 1,066 <\/td> 1,063 <\/td> 1,314 <\/td> 1,410 <\/td> 1,578 <\/td> <\/tr>
Gross Written Premium <\/td> 1,123 <\/td> 1,113 <\/td> 1,349 <\/td> 1,441 <\/td> 1,597 <\/td> <\/tr>
Gross Earned Premium <\/td> 999 <\/td> 1,118 <\/td> 1,231 <\/td> 1,395 <\/td> 1,519 <\/td> <\/tr>
Gross Direct Claims <\/td> 1,189 <\/td> 1,205 <\/td> 642 <\/td> 828 <\/td> 383 <\/td> <\/tr>
Gross Direct Claims as % to GEP <\/td> 119.0% <\/td> 107.8% <\/td> 52.2% <\/td> 59.4% <\/td> 25.2% <\/td> <\/tr>
Gross Direct Commission <\/td> 37 <\/td> 43 <\/td> 45 <\/td> 47 <\/td> 60 <\/td> <\/tr>
Gross Direct Commission as % to GWP <\/td> 3.3% <\/td> 3.9% <\/td> 3.3% <\/td> 3.3% <\/td> 3.8% <\/td> <\/tr>
Expenses of Management <\/td> 236 <\/td> 225 <\/td> 277 <\/td> 211 <\/td> 209 <\/td> <\/tr>
Expenses of Management % to GWP <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> (463) <\/td> (355) <\/td> 267 <\/td> 309 <\/td> 867 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP <\/td> (46.4%) <\/td> (31.8%) <\/td> 21.7% <\/td> 22.2% <\/td> 57.1% <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - MARINE HULL 2020-21 to 2024-25\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium <\/td> 264 <\/td> 305 <\/td> 406 <\/td> 435 <\/td> 431 <\/td> <\/tr>
Net Earned Premium <\/td> 234 <\/td> 264 <\/td> 313 <\/td> 409 <\/td> 449 <\/td> <\/tr>
Net Incurred claims <\/td> 242 <\/td> 268 <\/td> 191 <\/td> 129 <\/td> 190 <\/td> <\/tr>
Net Incurred Claims % to NEP <\/td> 103.4% <\/td> 101.5% <\/td> 61.0% <\/td> 31.5% <\/td> 42.3% <\/td> <\/tr>
Net Commission <\/td> 2 <\/td> 2 <\/td> 2 <\/td> 1 <\/td> 11 <\/td> <\/tr>
Net Commission % to NWP <\/td> 0.9% <\/td> 0.8% <\/td> 0.6% <\/td> 0.2% <\/td> 2.4% <\/td> <\/tr>
Expenses of Management <\/td> 56 <\/td> 90 <\/td> 124 <\/td> 89 <\/td> 75 <\/td> <\/tr>
Expenses of Management % to NEP <\/td> 23.7% <\/td> 34.0% <\/td> 39.5% <\/td> 21.9% <\/td> 16.8% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> (66) <\/td> (96) <\/td> (4) <\/td> 190 <\/td> 173 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP <\/td> (28.0%) <\/td> (36.3%) <\/td> (1.1%) <\/td> 46.3% <\/td> 38.4% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>.<\/p>\n\n\n\n

<\/p>\n\n\n

Table 22e<\/span>GROSS UNDERWRITING EXPERIENCE - AVIATION 2020-21 to 2024-25 <\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium <\/td> 753 <\/td> 852 <\/td> 892 <\/td> 1,056 <\/td> 1,098 <\/td> <\/tr>
Gross Written Premium <\/td> 1,146 <\/td> 1,204 <\/td> 1,210 <\/td> 1,454 <\/td> 1,366 <\/td> <\/tr>
Gross Earned Premium <\/td> 919 <\/td> 1,175 <\/td> 1,207 <\/td> 1,332 <\/td> 1,410 <\/td> <\/tr>
Gross Direct Claims <\/td> 1,279 <\/td> 600 <\/td> 232 <\/td> 603 <\/td> 857 <\/td> <\/tr>
Gross Direct Claims as % to GEP <\/td> 139.2% <\/td> 51.1% <\/td> 19.2% <\/td> 45.3% <\/td> 60.8% <\/td> <\/tr>
Gross Direct Commission <\/td> 86 <\/td> 39 <\/td> 31 <\/td> 55 <\/td> 38 <\/td> <\/tr>
Gross Direct Commission as % to GWP <\/td> 7.5% <\/td> 3.2% <\/td> 2.6% <\/td> 3.8% <\/td> 2.8% <\/td> <\/tr>
Expenses of Management <\/td> 241 <\/td> 244 <\/td> 248 <\/td> 213 <\/td> 179 <\/td> <\/tr>
Expenses of Management % to GWP <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> (687) <\/td> 292 <\/td> 696 <\/td> 461 <\/td> 336 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP <\/td> (74.8%) <\/td> 24.9% <\/td> 57.6% <\/td> 34.6% <\/td> 23.8% <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - AVIATION 2020-21 to 2024-25\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium <\/td> 400 <\/td> 365 <\/td> 359 <\/td> 411 <\/td> 299 <\/td> <\/tr>
Net Earned Premium <\/td> 414 <\/td> 372 <\/td> 394 <\/td> 406 <\/td> 327 <\/td> <\/tr>
Net Incurred claims <\/td> 518 <\/td> 225 <\/td> 311 <\/td> 383 <\/td> 145 <\/td> <\/tr>
Net Incurred Claims % to NEP <\/td> 125.1% <\/td> 60.5% <\/td> 78.9% <\/td> 94.3% <\/td> 44.3% <\/td> <\/tr>
Net Commission <\/td> 5 <\/td> 18 <\/td> 19 <\/td> 34 <\/td> 31 <\/td> <\/tr>
Net Commission % to NWP <\/td> 1.2% <\/td> 4.8% <\/td> 4.8% <\/td> 8.4% <\/td> 9.5% <\/td> <\/tr>
Expenses of Management <\/td> 84 <\/td> 108 <\/td> 109 <\/td> 85 <\/td> 52 <\/td> <\/tr>
Expenses of Management % to NEP <\/td> 20.3% <\/td> 28.9% <\/td> 27.7% <\/td> 20.8% <\/td> 16.0% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> (193) <\/td> 21 <\/td> (45) <\/td> (96) <\/td> 99 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP <\/td> (46.7%) <\/td> 5.8% <\/td> (11.5%) <\/td> (23.5%) <\/td> 30.2%\r\n <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>. <\/p>\n\n\n\n

<\/p>\n\n\n

Table 22f<\/span>GROSS UNDERWRITING EXPERIENCE - MOTOR OD 2020-21 to 2024-25 <\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium <\/td> 27,767 <\/td> 28,663 <\/td> 33,294 <\/td> 39,205 <\/td> 42,149 <\/td> <\/tr>
Gross Written Premium <\/td> 27,838 <\/td> 28,780 <\/td> 33,345 <\/td> 39,214 <\/td> 42,388 <\/td> <\/tr>
Gross Earned Premium <\/td> 27,181 <\/td> 28,309 <\/td> 31,063 <\/td> 36,280 <\/td> 40,801 <\/td> <\/tr>
Gross Direct Claims <\/td> 18,548 <\/td> 22,598 <\/td> 26,524 <\/td> 29,626 <\/td> 32,728 <\/td> <\/tr>
Gross Direct Claims as % to GEP <\/td> 68.2% <\/td> 79.8% <\/td> 85.4% <\/td> 81.7% <\/td> 80.2% <\/td> <\/tr>
Gross Direct Commission <\/td> 5,079 <\/td> 5,227 <\/td> 6,182 <\/td> 10,975 <\/td> 12,069 <\/td> <\/tr>
Gross Direct Commission as % to GWP <\/td> 18.2% <\/td> 18.2% <\/td> 18.5% <\/td> 28.0% <\/td> 28.5% <\/td> <\/tr>
Expenses of Management <\/td> 5,859 <\/td> 5,830 <\/td> 6,840 <\/td> 5,735 <\/td> 5,547 <\/td> <\/tr>
Expenses of Management % to GWP <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> (2,305) <\/td> (5,346) <\/td> (8,484) <\/td> (10,056) <\/td> (9,543) <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP <\/td> (8.5%) <\/td> (18.9%) <\/td> (27.3%) <\/td> (27.7%) <\/td> (23.4%) <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - MOTOR OD 2020-21 to 2024-25<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium <\/td> 23,981 <\/td> 24,304 <\/td> 27,620 <\/td> 32,551 <\/td> 32,457 <\/td> <\/tr>
Net Earned Premium <\/td> 22,726 <\/td> 24,331 <\/td> 26,153 <\/td> 30,007 <\/td> 32,895 <\/td> <\/tr>
Net Incurred claims <\/td> 15,852 <\/td> 19,542 <\/td> 23,190 <\/td> 25,171 <\/td> 27,048 <\/td> <\/tr>
Net Incurred Claims % to NEP <\/td> 69.8% <\/td> 80.3% <\/td> 88.7% <\/td> 83.9% <\/td> 82.2% <\/td> <\/tr>
Net Commission <\/td> 4,157 <\/td> 4,041 <\/td> 5,129 <\/td> 9,633 <\/td> 10,206 <\/td> <\/tr>
Net Commission % to NWP <\/td> 18.3% <\/td> 16.6% <\/td> 19.6% <\/td> 32.1% <\/td> 31.0% <\/td> <\/tr>
Expenses of Management <\/td> 5,045 <\/td> 7,161 <\/td> 8,407 <\/td> 6,694 <\/td> 5,684 <\/td> <\/tr>
Expenses of Management % to NEP <\/td> 22.2% <\/td> 29.4% <\/td> 32.1% <\/td> 22.3% <\/td> 17.3% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> (2,328) <\/td> (6,413) <\/td> (10,573) <\/td> (11,491) <\/td> (10,043) <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP <\/td> (10.2%) <\/td> (26.4%) <\/td> (40.4%) <\/td> (38.3%) <\/td> (30.5%) <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>. <\/p>\n\n\n\n

<\/p>\n\n\n

Table 22g<\/span>GROSS UNDERWRITING EXPERIENCE - MOTOR TP 2020-21 to 2024-25<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium <\/td> 41,747 <\/td> 43,273 <\/td> 49,512 <\/td> 55,986 <\/td> 58,756 <\/td> <\/tr>
Gross Written Premium <\/td> 42,516 <\/td> 43,788 <\/td> 50,267 <\/td> 55,989 <\/td> 59,061 <\/td> <\/tr>
Gross Earned Premium <\/td> 42,472 <\/td> 43,152 <\/td> 47,028 <\/td> 53,128 <\/td> 57,525 <\/td> <\/tr>
Gross Direct Claims <\/td> 31,328 <\/td> 34,987 <\/td> 39,242 <\/td> 43,615 <\/td> 50,804 <\/td> <\/tr>
Gross Direct Claims as % to GEP <\/td> 73.8% <\/td> 81.1% <\/td> 83.4% <\/td> 82.1% <\/td> 88.3% <\/td> <\/tr>
Gross Direct Commission <\/td> 851 <\/td> 797 <\/td> 970 <\/td> 8,703 <\/td> 11,556 <\/td> <\/tr>
Gross Direct Commission as % to GWP <\/td> 2.0% <\/td> 1.8% <\/td> 1.9% <\/td> 15.5% <\/td> 19.6% <\/td> <\/tr>
Expenses of Management <\/td> 8,948 <\/td> 8,871 <\/td> 10,312 <\/td> 8,188 <\/td> 7,729 <\/td> <\/tr>
Expenses of Management % to GWP <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> 1,345 <\/td> (1,503) <\/td> (3,496) <\/td> (7,378) <\/td> (12,564) <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP <\/td> 3.2% <\/td> (3.5%) <\/td> (7.4%) <\/td> (13.9%) <\/td> (21.8%) <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - MOTOR TP 2020-21 to 2024-25<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium <\/td> 21,931 <\/td> 39,479 \r\n <\/td> 45,247 \r\n <\/td> 50,730 <\/td> 53,521\r\n <\/td> <\/tr>
Net Earned Premium <\/td> 20,699 <\/td> 38,368 <\/td> 42,490 <\/td> 48,847 <\/td> 51,467 <\/td> <\/tr>
Net Incurred claims <\/td> 16,101 <\/td> 31,435 <\/td> 34,801 <\/td> 38,361 <\/td> 45,070 <\/td> <\/tr>
Net Incurred Claims % to NEP <\/td> 77.8% <\/td> 81.9% <\/td> 81.9% <\/td> 78.5% <\/td> 87.6% <\/td> <\/tr>
Net Commission <\/td> (347.20) <\/td> 193 <\/td> 315 <\/td> 7,374 <\/td> 10,407 <\/td> <\/tr>
Net Commission % to NWP <\/td> (1.7%) <\/td> 0.5% <\/td> 0.7% <\/td> 15.1% <\/td> 20.2% <\/td> <\/tr>
Expenses of Management <\/td> 4,614 <\/td> 11,631 <\/td> 13,772 <\/td> 10,433 <\/td> 9,373 <\/td> <\/tr>
Expenses of Management % to NEP <\/td> 22.3% <\/td> 30.3% <\/td> 32.4% <\/td> 21.4% <\/td> 18.2% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> 332 <\/td> (4,891) <\/td> (6,399) <\/td> (7,321) <\/td> (13,383) <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP <\/td> 1.6% <\/td> (12.7%) <\/td> (15.1%) <\/td> (15.0%) <\/td> (26.0%) <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>. <\/p>\n\n\n\n

<\/p>\n\n\n

Table 22h<\/span>GROSS UNDERWRITING EXPERIENCE -LIABILITY 2020-21 to 2024-25 <\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium\r\n <\/td> 2,581\r\n <\/td> 3,493 <\/td> 3,792 <\/td> 4,317 \r\n <\/td> 5,017 \r\n <\/td> <\/tr>
Gross Written Premium <\/td> 2,721 <\/td> 3,641 <\/td> 4,267 <\/td> 4,490 <\/td> 5,215 <\/td> <\/tr>
Gross Earned Premium <\/td> 2,645 <\/td> 3,181 <\/td> 3,954 <\/td> 4,379 <\/td> 4,853 <\/td> <\/tr>
Gross Direct Claims <\/td> 1,322 <\/td> 1,148 <\/td> 1,872 <\/td> 1,599 <\/td> 3,266 <\/td> <\/tr>
Gross Direct Claims as % to GEP <\/td> 50.0% <\/td> 36.1% <\/td> 47.3% <\/td> 36.5% <\/td> 67.3% <\/td> <\/tr>
Gross Direct Commission <\/td> 325 <\/td> 400 <\/td> 463 <\/td> 617 <\/td> 745 <\/td> <\/tr>
Gross Direct Commission as % to GWP <\/td> 11.9% <\/td> 11.0% <\/td> 10.9% <\/td> 13.7% <\/td> 14.3% <\/td> <\/tr>
Expenses of Management <\/td> 573 <\/td> 738 <\/td> 875 <\/td> 657 <\/td> 682 <\/td> <\/tr>
Expenses of Management % to GWP <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> 425 <\/td> 895 <\/td> 744 <\/td> 1,506 <\/td> 159 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP <\/td> 16.1% <\/td> 28.1% <\/td> 18.8%\r\n <\/td> 34.4% <\/td> 3.3% <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - LIABILITY 2020-21 to 2024-25<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium <\/td> 1,488 <\/td> 2,025 <\/td> 2,222 <\/td> 2,163 <\/td> 2,443 <\/td> <\/tr>
Net Earned Premium <\/td> 1,427 <\/td> 1,759 <\/td> 2,320 <\/td> 2,098 <\/td> 2,353 <\/td> <\/tr>
Net Incurred claims <\/td> 708 <\/td> 652 <\/td> 1,083 <\/td> 970 <\/td> 1,454 <\/td> <\/tr>
Net Incurred Claims % to NEP <\/td> 49.6% <\/td> 37.1% <\/td> 46.7% <\/td> 46.2% <\/td> 61.8% <\/td> <\/tr>
Net Commission <\/td> 151 <\/td> 139 <\/td> 126 <\/td> 243 <\/td> 306 <\/td> <\/tr>
Net Commission % to NWP <\/td> 10.6% <\/td> 7.9% <\/td> 5.4% <\/td> 11.6% <\/td> 13.0% <\/td> <\/tr>
Expenses of Management <\/td> 313 <\/td> 597 <\/td> 676 <\/td> 445 <\/td> 428 <\/td> <\/tr>
Expenses of Management % to NEP <\/td> 21.9% <\/td> 33.9% <\/td> 29.2% <\/td> 21.2% <\/td> 18.2% <\/td> <\/tr>
Underwriting Surplus\/(Deficit) <\/td> 225 <\/td> 371 <\/td> 435 <\/td> 440 <\/td> 165 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP <\/td> 17.9% <\/td> 21.1% <\/td> 18.7% <\/td> 21.0% <\/td> 7.0% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>. <\/p>\n\n\n\n

<\/p>\n\n\n

Table 22I<\/span>GROSS UNDERWRITING EXPERIENCE - PERSONAL ACCIDENT 2020-21 to 2024-25 <\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium <\/td> 5,138 <\/td> 6,923 <\/td> 7,053 <\/td> 7,798 <\/td> 8,588 <\/td> <\/tr>
Gross Written Premium <\/td> 5,156 <\/td> 6,997 <\/td> 7,122 <\/td> 8,099 <\/td> 8,645 <\/td> <\/tr>
Gross Earned Premium\r\n <\/td> 5,174 <\/td> 6,077 <\/td> 7,060 <\/td> 7,611 <\/td> 8,372 <\/td> <\/tr>
Gross Direct Claims\r\n <\/td> 2,825 <\/td> 4,132 <\/td> 4,318 <\/td> 5,100 <\/td> 5,594 <\/td> <\/tr>
Gross Direct Claims as % to GEP\r\n <\/td> 54.6% <\/td> 68.0% <\/td> 61.2% <\/td> 67.0% <\/td> 66.8% <\/td> <\/tr>
Gross Direct Commission\r\n <\/td> 475 <\/td> 606 <\/td> 666 <\/td> 1,220 <\/td> 1,359 <\/td> <\/tr>
Gross Direct Commission as % to GWP\r\n <\/td> 9.2% <\/td> 8.7% <\/td> 9.4% <\/td> 15.1% <\/td> 15.7% <\/td> <\/tr>
Expenses of Management\r\n <\/td> 1,085 <\/td> 1,417 <\/td> 1,461 <\/td> 1,184 <\/td> 1,131 <\/td> <\/tr>
Expenses of Management % to GWP\r\n <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit)\r\n <\/td> 789 <\/td> (79) <\/td> 614 <\/td> 106 <\/td> 288 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP\r\n <\/td> 15.2% <\/td> (1.3%) <\/td> 8.7% <\/td> 1.4% <\/td> 3.4% <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - PERSONAL ACCIDENT 2020-21 to 2024-25\t\t\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium\r\n <\/td> 4,151 <\/td> 5,170 <\/td> 5,620 <\/td> 6,148 <\/td> 5,876 <\/td> <\/tr>
Net Earned Premium\r\n <\/td> 4,349 <\/td> 5,180 <\/td> 5,097 <\/td> 5,727 <\/td> 6,072 <\/td> <\/tr>
Net Incurred claims\r\n <\/td> 2,272 <\/td> 3,218 <\/td> 3,192 <\/td> 3,701 <\/td> 3,738 <\/td> <\/tr>
Net Incurred Claims % to NEP\r\n <\/td> 52.2% <\/td> 62.1% <\/td> 62.6% <\/td> 64.6% <\/td> 61.6% <\/td> <\/tr>
Net Commission\r\n <\/td> 206 <\/td> 25 <\/td> 202 <\/td> 724 <\/td> 351 <\/td> <\/tr>
Net Commission % to NWP\r\n <\/td> 4.7% <\/td> 0.5% <\/td> 4.0% <\/td> 12.6% <\/td> 5.8% <\/td> <\/tr>
Expenses of Management\r\n <\/td> 873 <\/td> 1,523 <\/td> 1,711 <\/td> 1,264 <\/td> 1,029 <\/td> <\/tr>
Expenses of Management % to NEP\r\n <\/td> 20.1% <\/td> 29.4% <\/td> 33.6% <\/td> 22.1% <\/td> 16.9% <\/td> <\/tr>
Underwriting Surplus\/(Deficit)\r\n <\/td> 998 <\/td> 414 <\/td> (8) <\/td> 38 <\/td> 954 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP\r\n <\/td> 22.9% <\/td> 8.0% <\/td> (0.1%) <\/td> 0.7% <\/td> 15.7% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>. <\/p>\n\n\n\n

<\/p>\n\n\n

Table 22J<\/span>GROSS UNDERWRITING EXPERIENCE - HEALTH 2020-21 to 2024-25 \t\t\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium\r\n <\/td> 58,856 <\/td> 73,811 <\/td> 90,869 <\/td> 109,070 <\/td> 119,066 <\/td> <\/tr>
Gross Written Premium\r\n <\/td> 59,276 <\/td> 74,933 <\/td> 91,826 <\/td> 109,338 <\/td> 122,636 <\/td> <\/tr>
Gross Earned Premium\r\n <\/td> 55,475 <\/td> 67,105 <\/td> 83,380 <\/td> 100,582 <\/td> 115,987 <\/td> <\/tr>
Gross Direct Claims\r\n <\/td> 47,411 <\/td> 71,916 <\/td> 73,941 <\/td> 85,439 <\/td> 98,641 <\/td> <\/tr>
Gross Direct Claims as % to GEP\r\n <\/td> 85.5% <\/td> 107.2% <\/td> 88.7% <\/td> 84.9% <\/td> 85.0% <\/td> <\/tr>
Gross Direct Commission\n <\/td> 5,341 <\/td> 6,292 <\/td> 7,601 <\/td> 12,302 <\/td> 15,072 <\/td> <\/tr>
Gross Direct Commission as % to GWP\r\n <\/td> 9.0% <\/td> 8.4% <\/td> 8.3% <\/td> 11.3% <\/td> 12.3% <\/td> <\/tr>
Expenses of Management\r\n <\/td> 12,475 <\/td> 15,180 <\/td> 18,837 <\/td> 15,990 <\/td> 16,049 <\/td> <\/tr>
Expenses of Management % to GWP\r\n <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit)\r\n <\/td> (9,752) <\/td> (26,283) <\/td> (17,000) <\/td> (13,149) <\/td> (13,775) <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP\r\n <\/td> (17.6%) <\/td> (39.2%) <\/td> (20.4%) <\/td> (13.1%) <\/td> (11.9%) <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - HEALTH 2020-21 to 2024-25\t\t\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium\r\n <\/td> 50,520 <\/td> 64,663 <\/td> 80,668 <\/td> 93,292 <\/td> 104,072 <\/td> <\/tr>
Net Earned Premium\r\n <\/td> 44,291 <\/td> 58,871 <\/td> 73,798 <\/td> 86,606 <\/td> 99,531 <\/td> <\/tr>
Net Incurred claims\r\n <\/td> 41,593 <\/td> 64,421 <\/td> 65,867 <\/td> 77,083 <\/td> 86,397 <\/td> <\/tr>
Net Incurred Claims % to NEP\r\n <\/td> 93.9% <\/td> 109.4% <\/td> 89.3% <\/td> 89.0% <\/td> 86.8% <\/td> <\/tr>
Net Commission\r\n <\/td> 2,845 <\/td> 3,932 <\/td> 4,593 <\/td> 8,179 <\/td> 9,930 <\/td> <\/tr>
Net Commission % to NWP\r\n <\/td> 6.4% <\/td> 6.7% <\/td> 6.2% <\/td> 9.4% <\/td> 10.0% <\/td> <\/tr>
Expenses of Management\r\n <\/td> 10,628 <\/td> 19,051 <\/td> 24,553 <\/td> 19,186 <\/td> 18,225 <\/td> <\/tr>
Expenses of Management % to NEP\r\n <\/td> 24.0% <\/td> 32.4% <\/td> 33.3% <\/td> 22.2% <\/td> 18.3% <\/td> <\/tr>
Underwriting Surplus\/(Deficit)\r\n <\/td> (10,775) <\/td> (28,533) <\/td> (21,215) <\/td> (17,842) <\/td> (15,021) <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP\r\n <\/td> (24.3%) <\/td> (48.5%) <\/td> (28.7%) <\/td> (20.6%) <\/td> (15.1%) <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>. <\/p>\n\n\n\n

<\/p>\n\n\n

Table 22K<\/span>GROSS UNDERWRITING EXPERIENCE - CROP INSURANCE 2020-21 to 2024-25 \t\t\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium\r\n <\/td> 31,120 <\/td> 29,442 <\/td> 32,066 <\/td> 30,733 <\/td> 30,104 <\/td> <\/tr>
Gross Written Premium\r\n <\/td> 31,194 <\/td> 29,455 <\/td> 32,196 <\/td> 31,803 <\/td> 31,513 <\/td> <\/tr>
Gross Earned Premium\r\n <\/td> 31,734 <\/td> 30,325 <\/td> 30,826 <\/td> 32,000 <\/td> 31,658 <\/td> <\/tr>
Gross Direct Claims\r\n <\/td> 25,215 <\/td> 23,231 <\/td> 25,926 <\/td> 25,943 <\/td> 24,964 <\/td> <\/tr>
Gross Direct Claims as % to GEP\r\n <\/td> 79.5% <\/td> 76.6% <\/td> 84.1% <\/td> 81.1% <\/td> 78.9% <\/td> <\/tr>
Gross Direct Commission\r\n <\/td> 103 <\/td> 114 <\/td> 129 <\/td> 144 <\/td> 217 <\/td> <\/tr>
Gross Direct Commission as % to GWP\r\n <\/td> 0.3% <\/td> 0.4% <\/td> 0.4% <\/td> 0.5% <\/td> 0.7% <\/td> <\/tr>
Expenses of Management\r\n <\/td> 6,565 <\/td> 5,967 <\/td> 6,605 <\/td> 4,651 <\/td> 4,124 <\/td> <\/tr>
Expenses of Management % to GWP\r\n <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit)\r\n <\/td> (150) <\/td> 1,013 <\/td> (1,834) <\/td> 1,261 <\/td> 2,354 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP\r\n <\/td> (0.5%) <\/td> 3.3% <\/td> (6.0%) <\/td> 3.9% <\/td> 7.4% <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - CROP INSURANCE 2020-21 to 2024-25\t\t\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium\r\n <\/td> 12,757 <\/td> 12,017 <\/td> 11,834 <\/td> 15,849 <\/td> 14,932 <\/td> <\/tr>
Net Earned Premium\r\n <\/td> 12,894 <\/td> 12,501 <\/td> 11,821 <\/td> 15,695 <\/td> 15,091 <\/td> <\/tr>
Net Incurred claims\r\n <\/td> 11,197 <\/td> 10,780 <\/td> 11,045 <\/td> 13,958 <\/td> 12,391 <\/td> <\/tr>
Net Incurred Claims % to NEP\r\n <\/td> 86.8% <\/td> 86.2% <\/td> 93.4% <\/td> 88.9% <\/td> 82.1% <\/td> <\/tr>
Net Commission\r\n <\/td> (987) <\/td> (819) <\/td> (1,093) <\/td> (1,007) <\/td> (962) <\/td> <\/tr>
Net Commission % to NWP\r\n <\/td> (7.7%) <\/td> (6.6%) <\/td> (9.2%) <\/td> (6.4%) <\/td> (6.4%) <\/td> <\/tr>
Expenses of Management\r\n <\/td> 2,684 <\/td> 3,540 <\/td> 3,602 <\/td> 3,259 <\/td> 2,615 <\/td> <\/tr>
Expenses of Management % to NEP\r\n <\/td> 20.8% <\/td> 28.3% <\/td> 30.5% <\/td> 20.8% <\/td> 17.3% <\/td> <\/tr>
Underwriting Surplus\/(Deficit)\r\n <\/td> 0 <\/td> (1,000) <\/td> (1,733) <\/td> (515) <\/td> 1,047 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP\r\n <\/td> 0.0% <\/td> (8.0%) <\/td> (14.7%) <\/td> (3.3%) <\/td> 6.9% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\n\n

Source: Gross and Net consolidated statement of industr<\/em>y compiled by GI Council<\/em>. <\/p>\n\n\n\n

<\/p>\n\n\n

Table 22L<\/span>GROSS UNDERWRITING EXPERIENCE - OTHER MISC 2020-21 to 2024-25 \t\t\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Gross Direct Premium\r\n <\/td> 6,353 <\/td> 6,890 <\/td> 8,116 <\/td> 8,599 <\/td> 9,376 <\/td> <\/tr>
Gross Written Premium\r\n <\/td> 6,405 <\/td> 6,973 <\/td> 7,811 <\/td> 8,654 <\/td> 9,579 <\/td> <\/tr>
Gross Earned Premium\r\n <\/td> 6,041 <\/td> 6,689 <\/td> 7,392 <\/td> 8,233 <\/td> 9,117 <\/td> <\/tr>
Gross Direct Claims\r\n <\/td> 3,429 <\/td> 5,241 <\/td> 2,939 <\/td> 3,037 <\/td> 4,566 <\/td> <\/tr>
Gross Direct Claims as % to GEP\r\n <\/td> 56.8% <\/td> 78.4% <\/td> 39.8% <\/td> 36.9% <\/td> 50.1% <\/td> <\/tr>
Gross Direct Commission\r\n <\/td> 663 <\/td> 741 <\/td> 780 <\/td> 1,380 <\/td> 1,447 <\/td> <\/tr>
Gross Direct Commission as % to GWP\r\n <\/td> 10.4% <\/td> 10.6% <\/td> 10.0% <\/td> 15.9% <\/td> 15.1% <\/td> <\/tr>
Expenses of Management\r\n <\/td> 1,348 <\/td> 1,413 <\/td> 1,602 <\/td> 1,266 <\/td> 1,254 <\/td> <\/tr>
Expenses of Management % to GWP\r\n <\/td> 21.0% <\/td> 20.3% <\/td> 20.5% <\/td> 14.6% <\/td> 13.1% <\/td> <\/tr>
Underwriting Surplus\/(Deficit)\r\n <\/td> 601 <\/td> (706) <\/td> 2,071 <\/td> 2,550 <\/td> 1,850 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to GEP\r\n <\/td> 9.9% <\/td> (10.5%) <\/td> 28.0% <\/td> 31.0% <\/td> 20.3% <\/td> <\/tr> <\/tbody><\/table>\n\n\n

<\/span>NET UNDERWRITING EXPERIENCE - OTHER MISC 2020-21 to 2024-25\t\t\r\n<\/h3>
Year <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> 2024-25 <\/td> <\/tr>
Net Premium\r\n <\/td> 4,189 <\/td> 4,485 <\/td> 4,722 <\/td> 5,599 <\/td> 5,452 <\/td> <\/tr>
Net Earned Premium\r\n <\/td> 3,988 <\/td> 4,367 <\/td> 4,327 <\/td> 5,301 <\/td> 5,738 <\/td> <\/tr>
Net Incurred claims\r\n <\/td> 2,458 <\/td> 2,417 <\/td> 1,726 <\/td> 1,928 <\/td> 2,466 <\/td> <\/tr>
Net Incurred Claims % to NEP\r\n <\/td> 61.6% <\/td> 55.3% <\/td> 39.9% <\/td> 36.4% <\/td> 43.0% <\/td> <\/tr>
Net Commission\r\n <\/td> 354 <\/td> 361 <\/td> 319 <\/td> 817 <\/td> 614 <\/td> <\/tr>
Net Commission % to NWP\r\n <\/td> 8.9% <\/td> 8.3% <\/td> 7.4% <\/td> 15.4% <\/td> 10.7% <\/td> <\/tr>
Expenses of Management\r\n <\/td> 881 <\/td> 944 <\/td> 1,437 <\/td> 1,151 <\/td> 955 <\/td> <\/tr>
Expenses of Management % to NEP\r\n <\/td> 22.1% <\/td> 21.6% <\/td> 33.2% <\/td> 21.7% <\/td> 16.6% <\/td> <\/tr>
Underwriting Surplus\/(Deficit)\r\n <\/td> 295 <\/td> 645 <\/td> 845 <\/td> 1,405 <\/td> 1,703 <\/td> <\/tr>
Underwriting Surplus\/(Deficit) % to NEP\r\n <\/td> 7.4% <\/td> 14.8% <\/td> 19.5% <\/td> 26.5% <\/td> 29.7% <\/td> <\/tr> <\/tbody><\/table>\n","protected":false},"excerpt":{"rendered":"

Source: Gross and Net consolidated statement of industry compiled by GI Council. Source: Gross and Net consolidated statement of industry compiled […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/4566"}],"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=4566"}],"version-history":[{"count":36,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/4566\/revisions"}],"predecessor-version":[{"id":4615,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/4566\/revisions\/4615"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}