{"id":3683,"date":"2024-01-31T16:12:38","date_gmt":"2024-01-31T16:12:38","guid":{"rendered":"http:\/\/pentationyb.com\/?page_id=3683"},"modified":"2025-02-03T14:07:59","modified_gmt":"2025-02-03T14:07:59","slug":"3-15-technical-reserves","status":"publish","type":"page","link":"https:\/\/yearbook.websitestage.org\/?page_id=3683","title":{"rendered":"3.15 \u2013 Technical Reserves"},"content":{"rendered":"\n<p>The reserve for unexpired risks has experienced an average annual growth rate of 12.9% from 2016-17 to 2023-24, while the provision for outstanding claims has expanded at a comparatively higher rate of 15.1% during the same timeframe.<\/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 3.15.1<\/span>Growth of Technical Reserves<\/h3><div id=\"Chart_334\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_334\", {\"orientation\":true,\"unit\":\"\",\"data\":{\"UPR\":{\"2016\":41950,\"2017\":47678,\"2018\":54362,\"2019\":61152,\"2020\":66179,\"2021\":75667,\"2022\":84414,\"2023\":97091,\"2024\":110486},\"O\\\/S Claims\":{\"2016\":82517,\"2017\":100910,\"2018\":120544,\"2019\":140386,\"2020\":160587,\"2021\":188406,\"2022\":214072,\"2023\":233970,\"2024\":254363}},\"Title\":\"Growth of Technical Reserves\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 in Crores\",\"yAxisData\":{\"2016\":2016,\"2017\":2017,\"2018\":2018,\"2019\":2019,\"2020\":2020,\"2021\":2021,\"2022\":2022,\"2023\":2023,\"2024\":2024},\"colorCodes\":[\"#002060\",\" #7E8AC5\"]});\n                    });\n                <\/script>\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 3.15.2<\/span>Break up of Technical Reserves<\/h3><div id=\"Chart_335\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_335\", {\"orientation\":true,\"unit\":\"\",\"data\":{\"2018\":{\"Private\":76738,\"PSU\":84789,\"SAHI\":3002,\"Specialised\":10376},\"2021\":{\"Private\":119922,\"PSU\":119796,\"SAHI\":9375,\"Specialised\":14980},\"2023\":{\"Private\":167183,\"PSU\":132440,\"SAHI\":14929,\"Specialised\":16510},\"2024\":{\"Private\":192609,\"PSU\":139816,\"SAHI\":18129,\"Specialised\":14294}},\"Title\":\"Break up of Technical Reserves\",\"xTitle\":\"Category of Insurers\",\"yTitle\":\"\\u20b9 in Crores\",\"yAxisData\":{\"Private\":\"Private\",\"PSU\":\"PSU\",\"SAHI\":\"SAHI\",\"Specialised\":\"Specialised\"},\"colorCodes\":[\"#7E8AC5\",\" #004BE2\",\" #003296\",\" #002060\"]});\n                    });\n                <\/script>\n","protected":false},"excerpt":{"rendered":"<p>The reserve for unexpired risks has experienced an average annual growth rate of 12.9% from 2016-17 to 2023-24, while the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":529,"menu_order":15,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/3683"}],"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=3683"}],"version-history":[{"count":3,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/3683\/revisions"}],"predecessor-version":[{"id":4162,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/3683\/revisions\/4162"}],"up":[{"embeddable":true,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/529"}],"wp:attachment":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}