{"id":288,"date":"2019-07-29T09:16:42","date_gmt":"2019-07-29T09:16:42","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=288"},"modified":"2025-02-04T19:02:02","modified_gmt":"2025-02-04T19:02:02","slug":"miscellaneous","status":"publish","type":"page","link":"https:\/\/yearbook.websitestage.org\/?page_id=288","title":{"rendered":"4.11 &#8211; Other Miscellaneous"},"content":{"rendered":"\n<p>All segments of business other than those dealt with separately earlier have been classified as Other Miscellaneous Insurance business. This includes the figures of credit business overall and also in the consolidation and reclassification of certain segments in the liability business<\/p>\n\n\n\n<div class=\"wp-block-columns w-two-one\">\n\t<div class=\"wp-block-column_2\">\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 4.11.1<\/span>GDPI - Other Miscellaneous<\/h3><div id=\"Chart_195\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        stacked_column_chart(\"Chart_195\", {\"stacklabels\":true,\"data\":{\"Other Miscellaneous\":{\"2014-15\":5671,\"2015-16\":5633,\"2016-17\":18006,\"2017-18\":22190,\"2018-19\":5010,\"2019-20\":4528,\"2020-21\":4312,\"2021-22\":4626,\"2022-23\":6508,\"2023-24\":9937},\"Crop Insurance\":{\"2014-15\":0,\"2015-16\":0,\"2016-17\":0,\"2017-18\":0,\"2018-19\":27624,\"2019-20\":32273,\"2020-21\":31120,\"2021-22\":29465,\"2022-23\":32065,\"2023-24\":30728}},\"Title\":\"GDPI - Other Miscellaneous\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 in Crores\",\"yAxisData\":{\"2014-15\":\"2014-15\",\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\",\"2021-22\":\"2021-22\",\"2022-23\":\"2022-23\",\"2023-24\":\"2023-24\"},\"colorCodes\":[\"#7e8ac5\",\"#0070c0\"]});\n                    });\n                <\/script>\n\t<\/div>\n\t<div class=\"wp-block-column_1\">\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;\"> Table 4.11.1<\/span>Other Miscelleanous<\/h3><table width=\"100%\" class=\"\">    <tbody>        <tr>                    <td>                        2023-24                    <\/td>                    <td>                        Value                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Policies                    <\/td>                    <td>                            2,59,85,141                    <\/td>        <\/tr>        <tr>                    <td>                            GDPI (in Cr)                    <\/td>                    <td>                            9,937                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Claims Reported                    <\/td>                    <td>                            3,99,648                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Paid Claims                    <\/td>                    <td>                            6,01,111                    <\/td>        <\/tr>        <tr>                    <td>                            Amt of Paid Claims (in Cr)                    <\/td>                    <td>                            3,597                    <\/td>        <\/tr>    <\/tbody><\/table>\n                <span style=\"margin-left: 139px;font-size:13px\"> <i><\/i><\/span>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: <\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p><\/p>\n<cite><br><br><\/cite><\/blockquote>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/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 4.11.2<\/span>Gross & Net Incurred Claims Ratio - Miscellaneous<\/h3><div id=\"Chart_196\" class=\"chart-div\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        multiline_chart(\"Chart_196\", {\"unit\":\"%\",\"data\":{\"Gross Incurred Claims Ratio\":{\"2014-15\":\"85\",\"2015-16\":\"93\",\"2016-17\":\"79.3\",\"2017-18\":\"85.2\",\"2018-19\":\"57.9\",\"2019-20\":\"63.3\",\"2020-21\":\"50.2\",\"2021-22\":\"91.8\",\"2022-23\":\"41.1\",\"2023-24\":\"71.6\"},\"Net Incurred Claims Ratio\":{\"2014-15\":\"66.7\",\"2015-16\":\"67.1\",\"2016-17\":\"79.3\",\"2017-18\":\"39.9\",\"2018-19\":\"61.4\",\"2019-20\":\"68.7\",\"2020-21\":\"48.7\",\"2021-22\":\"53.6\",\"2022-23\":\"64.1\",\"2023-24\":\"75.7\"}},\"Title\":\"Gross & Net Incurred Claims Ratio - Miscellaneous\",\"xTitle\":\"Year\",\"yTitle\":\"Claim Ratio (%)\",\"yAxisData\":{\"2014-15\":\"2014-15\",\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\",\"2021-22\":\"2021-22\",\"2022-23\":\"2022-23\",\"2023-24\":\"2023-24\"},\"colorCodes\":[\"#7e8ac5\",\" #002060\"]});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: <\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/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 4.11.3<\/span>Rural vs Urban Premium - Other Miscelleanous<\/h3><div id=\"Chart_289\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_289\", {\"data\":{\"Rural Premium\":200,\"Urban Premium\":6478},\"Title\":\"\",\"SeriesTitle\":\"Rural vs Urban Premium - Other Miscelleanous\",\"colorCodes\":[\"#7e8ac5\",\" #0070c0\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>:<\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Across all classes except Marine Hull, and Export Credit, the Net Incurred Claim ratio exceeds 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All segments of business other than those dealt with separately earlier have been classified as Other Miscellaneous Insurance business. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":272,"menu_order":11,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/288"}],"collection":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=288"}],"version-history":[{"count":36,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/288\/revisions"}],"predecessor-version":[{"id":4195,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/288\/revisions\/4195"}],"up":[{"embeddable":true,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/272"}],"wp:attachment":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}