{"id":654,"date":"2019-08-14T18:22:19","date_gmt":"2019-08-14T18:22:19","guid":{"rendered":"https:\/\/www.gicouncil.in\/yearbook\/?page_id=654"},"modified":"2024-02-16T09:42:07","modified_gmt":"2024-02-16T09:42:07","slug":"table-13-net-commission-ratios-defined-as-net-commission-to-net-earned-premium","status":"publish","type":"page","link":"https:\/\/yearbook.websitestage.org\/?page_id=654","title":{"rendered":"Table 13: Net Commission Ratios (defined as Net Commission to Net Written Premium)"},"content":{"rendered":"

Table 13<\/span>Net Commission Ratios (defined as Net Commission to Net Written Premium)<\/h3>OVERALL<\/span>
Year <\/td> 2014-15 <\/td> 2015-16 <\/td> 2016-17 <\/td> 2017-18 <\/td> 2018-19 <\/td> 2019-20 <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> <\/tr>
Fire <\/td> 9.2% <\/td> 8.6% <\/td> 6.2% <\/td> 4.1% <\/td> 6.6% <\/td> 0.5%\n <\/td> 1.3% <\/td> -3.3% <\/td> -9.5% <\/td> -0.2% <\/td> <\/tr>
Engg. <\/td> -3.1% <\/td> -2.0% <\/td> -2.3% <\/td> 3.1% <\/td> 1.3% <\/td> 4.5%\n <\/td> 0.1% <\/td> 2.5% <\/td> -1.4% <\/td> -0.5% <\/td> <\/tr>
Marine Cargo <\/td> 10.5% <\/td> 10.7% <\/td> 10.1% <\/td> 12.4% <\/td> 13.5% <\/td> 12.9%\n <\/td> 13.3% <\/td> 13.6% <\/td> 14.4% <\/td> 17.1% <\/td> <\/tr>
Marine Hull <\/td> -4.9% <\/td> -3.2% <\/td> -1.6% <\/td> 1.6% <\/td> 1.4% <\/td> 3.9%\n <\/td> 1.4% <\/td> 0.5% <\/td> 0.3% <\/td> 0.3% <\/td> <\/tr>
Motor OD <\/td> 6.2% <\/td> 6.7% <\/td> 6.2% <\/td> 14.5% <\/td> 17.0% <\/td> 17.6%\n <\/td> 18.3% <\/td> 16.6% <\/td> 18.6% <\/td> 29.6% <\/td> <\/tr>
Motor TP <\/td> -0.5% <\/td> -0.4% <\/td> -1.1% <\/td> -1.0% <\/td> 0.6% <\/td> 0.3%\n <\/td> 0.3% <\/td> 0.5% <\/td> 0.7% <\/td> 14.5% <\/td> <\/tr>
Aviation <\/td> 10.3% <\/td> 7.4% <\/td> 11.2% <\/td> 11.1% <\/td> 4.6% <\/td> 7.1%\n <\/td> 11.8% <\/td> 5.0% <\/td> 5.4% <\/td> 8.3% <\/td> <\/tr>
Health <\/td> 5.6% <\/td> 5.1% <\/td> 3.7% <\/td> 4.3% <\/td> 4.1% <\/td> 4.3%\n <\/td> 6.4% <\/td> 6.1% <\/td> 7.8% <\/td> 8.8% <\/td> <\/tr>
Personal accident <\/td> 8.4% <\/td> 5.0% <\/td> 3.6% <\/td> 3.0% <\/td> 1.4% <\/td> 4.9%\n <\/td> 4.7% <\/td> 0.5% <\/td> 3.6% <\/td> 11.8% <\/td> <\/tr>
Liability <\/td> 14.9% <\/td> 13.6% <\/td> 12.6% <\/td> 14.3% <\/td> 12.2% <\/td> 9.2%\n <\/td> 10.6% <\/td> 6.9% <\/td> 5.7% <\/td> 11.2% <\/td> <\/tr>
Other Misc. <\/td> -3.3% <\/td> -3.0% <\/td> -15.8% <\/td> -10.6% <\/td> -7.6% <\/td> -9.0%\n <\/td> -3.8% <\/td> -2.8% <\/td> 10.5% <\/td> -0.9% <\/td> <\/tr>
TOTAL <\/td> 4.0% <\/td> 3.9% <\/td> 1.6% <\/td> 3.9% <\/td> 5.0% <\/td> 4.5%\n <\/td> 5.2% <\/td> 4.8% <\/td> 4.7% <\/td> 12.0% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\nGENERAL INSURERS<\/span>
Year <\/td> 2014-15 <\/td> 2015-16 <\/td> 2016-17 <\/td> 2017-18 <\/td> 2018-19 <\/td> 2019-20 <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> <\/tr>
Fire <\/td> 9.2% <\/td> 8.6% <\/td> 6.2% <\/td> 4.1% <\/td> 6.6% <\/td> 0.5%\n <\/td> 1.3% <\/td> -3.3% <\/td> -9.5% <\/td> -0.2% <\/td> <\/tr>
Engg. <\/td> -3.1% <\/td> -2.0% <\/td> -2.3% <\/td> 3.1% <\/td> 1.3% <\/td> 4.5%\n <\/td> 0.1% <\/td> 2.5% <\/td> -1.4% <\/td> -0.5% <\/td> <\/tr>
Marine Cargo <\/td> 10.5% <\/td> 10.7% <\/td> 10.1% <\/td> 12.4% <\/td> 13.5% <\/td> 12.9%\n <\/td> 13.3% <\/td> 13.6% <\/td> 14.4% <\/td> 17.1% <\/td> <\/tr>
Marine Hull <\/td> -4.9% <\/td> -3.2% <\/td> -1.6% <\/td> 1.6% <\/td> 1.4% <\/td> 3.9%\n <\/td> 1.4% <\/td> 0.5% <\/td> 0.5% <\/td> 0.3% <\/td> <\/tr>
Motor OD <\/td> 6.2% <\/td> 6.7% <\/td> 6.2% <\/td> 14.5% <\/td> 17.0% <\/td> 17.6%\n <\/td> 18.3% <\/td> 16.6% <\/td> 18.6% <\/td> 29.6% <\/td> <\/tr>
Motor TP <\/td> -0.5% <\/td> -0.4% <\/td> -1.1% <\/td> -1.0% <\/td> 0.6% <\/td> 0.3%\n <\/td> 0.3% <\/td> 0.5% <\/td> 0.7% <\/td> 14.5% <\/td> <\/tr>
Aviation <\/td> 10.3% <\/td> 7.4% <\/td> 11.2% <\/td> 11.1% <\/td> 4.6% <\/td> 7.1%\n <\/td> 11.8% <\/td> 5.0% <\/td> 5.4% <\/td> 8.2% <\/td> <\/tr>
Health <\/td> 5.1% <\/td> 5.2% <\/td> 3.3% <\/td> 4.1% <\/td> 3.4% <\/td> 3.7%\n <\/td> 5.9% <\/td> 4.6% <\/td> 3.6% <\/td> 5.9% <\/td> <\/tr>
Personal accident <\/td> 8.3% <\/td> 5.1% <\/td> 3.6% <\/td> 2.9% <\/td> 0.9% <\/td> 4.6%\n <\/td> 3.7% <\/td> -1.5% <\/td> 2.2% <\/td> 10.6% <\/td> <\/tr>
Liability <\/td> 14.9% <\/td> 13.6% <\/td> 12.6% <\/td> 14.3% <\/td> 12.2% <\/td> 9.2%\n <\/td> 10.6% <\/td> 6.9% <\/td> 5.7% <\/td> 11.2% <\/td> <\/tr>
Other Misc. <\/td> -2.1% <\/td> 0.4% <\/td> -12.1% <\/td> -6.4% <\/td> -6.0% <\/td> -8.2%\n <\/td> -4.9% <\/td> -2.6% <\/td> -7.3% <\/td> 0.0% <\/td> <\/tr>
TOTAL <\/td> 4.1% <\/td> 4.3% <\/td> 2.2% <\/td> 4.6% <\/td> 5.4% <\/td> 4.7%\n <\/td> 4.8% <\/td> 4.5% <\/td> 4.1% <\/td> 12.6% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\nSTANDALONE HEALTH INSURERS<\/span>
Year <\/td> 2014-15 <\/td> 2015-16 <\/td> 2016-17 <\/td> 2017-18 <\/td> 2018-19 <\/td> 2019-20 <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> <\/tr>
Health <\/td> 9.3% <\/td> 4.8% <\/td> 5.5% <\/td> 5.0%\r\n <\/td> 6.3% <\/td> 6.0%\n\n <\/td> 8.7% <\/td> 9.9% <\/td> 10.9% <\/td> 15.2% <\/td> <\/tr>
Personal accident <\/td> 10.7% <\/td> 3.2% <\/td> 4.0% <\/td> 4.0% <\/td> 5.8% <\/td> 7.1%\n <\/td> 13.9% <\/td> 14.1% <\/td> 13.3% <\/td> 21.8% <\/td> <\/tr>
Other Misc. <\/td> 10.1% <\/td> 3.3% <\/td> - <\/td> 6.0% <\/td> - <\/td> - <\/td> - <\/td> - <\/td> - <\/td> - <\/td> <\/tr>
TOTAL <\/td> 9.3% <\/td> 4.7% <\/td> 5.5% <\/td> 5.0% <\/td> 6.3% <\/td> 6.0%\n <\/td> 9.0% <\/td> 10.0% <\/td> 11.0% <\/td> 15.4% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\nSPECIALISED INSURERS<\/span>
Year <\/td> 2014-15 <\/td> 2015-16 <\/td> 2016-17 <\/td> 2017-18 <\/td> 2018-19 <\/td> 2019-20 <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> <\/tr>
Other Misc. <\/td> -4.8% <\/td> -6.8% <\/td> -23.1% <\/td> -22.9% <\/td> -12.6% <\/td> -11.3%\n <\/td> -2.4% <\/td> -3.0% <\/td> -1.7% <\/td> -2.8% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

Source<\/strong>: IRDAI reports and Council Compilation<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: IRDAI reports and Council Compilation<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":28,"menu_order":13,"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\/654"}],"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=654"}],"version-history":[{"count":4,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/654\/revisions"}],"predecessor-version":[{"id":3842,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/654\/revisions\/3842"}],"up":[{"embeddable":true,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/28"}],"wp:attachment":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}