Underwriting Experience of Fire, Miscellaneous, Marine by New India Assurance Co. Ltd. (During 2000-2001) | ||||
(Rs. in Crore) | ||||
Particular | Fire | Miscellaneous | Marine | Total |
Net Premium | 599.64(655.72) | 1883.72(1629.61) | 188.12(192.12) | 2671.48(2477.45) |
Net Incurred Claims | 392.69(297.30) | 1745.29(1486.54) | 141.76(122.41) | 2279.74(1906.25) |
65.49%(45.34%) | 92.65%(91.22%) | 75.36%(63.72%) | 85.34%(1906.25) | |
Commission on Direct, Reinsurance Accepted, and Ceded | -1.25(-48.95) | 23.27(-5.06) | -17.22(-17.64) | 4.80(-71.65) |
-0.21%(-7.47%) | 1.24%(-0.31%) | -9.15(-9.18%) | 0.18(-2.89%) | |
Expenses of Management and Other Charges | 200.11(208.56) | 484.43(415.23) | 53.42(50.88) | 737.96(674.67) |
33.37%(31.81%) | 25.72%(25.48%) | 28.40%(26.48%) | 27.62%(27.23%) | |
Increase in Reserves for Unexpired Risks | -28.04(64.52) | 127.06(79.86) | -4.00(1.78) | 95.02(146.16) |
-4.68%(9.84%) | 6.75%(4.09%) | -2.13%(1.78%) | 3.56%(5.90%) | |
Net Underwriting Profit/Loss (-) | 36.13(134.29) | -496.33(-346.96) | 14.16(34.69) | -446.04(-177.98) |
6.03%(20.48%) | -26.35%(-21.29%) | 7.53%(18.06%) | -16.70%(7.18%) |