Hello i’m NIA Chatbot
How can i help you?
NIA Chatbot
Notice
NIA Chatbot
| Indicator | Sub Indicators | F.Y. 2021/22 | F.Y. 2022/23 | Changes % |
|---|---|---|---|---|
Gross Premium Collection |
Life Insurance | Rs 138.64 billion | Rs 142.57 billion | 2.83 |
| Non Life Insurance | Rs 39.17 billion | Rs 40.34 billion | 2.99 | |
| Total | Rs 177.81 billion | Rs 182.91 billion | 2.87 | |
Population % Covered By Life Insurance |
Excluding FE Policies | 38.44 % | 39.03 % | 1.53 |
| Including FE Policies | 41.39 % | 44.38 % | 7.22 | |
Insurance Penetration (Percentage of Gross Premium to GDP) |
Life Insurance | 2.81% | 2.65 % | -5.69 |
| Non Life Insurance | 0.79 % | 0.75 % | -5.06 | |
| Total | Rs 3.60 % | Rs 3.40 % | -5.56 | |
Insurance Density |
Life Insurance | Rs 4594.83 Per Capita | Rs 4683.26 per Capita | 1.92 |
| Non Life Insurance | Rs 1298.97 per Capita | Rs 1325.01 Per Capita | 2 | |
| Total | Rs 5,893.80 per Capita | Rs 6,008.27 per Capita | 1.94 | |
Total Investment |
Life Insurance | Rs 473.16 billion | Rs 569.16 billion | 20.29 |
| Non Life Insurance | Rs 54.20 billion | Rs 59.79 billion | 10.31 | |
| Total | Rs 527.36 billion | Rs 628.95 billion | 19.26 | |
Life Insurance Claim |
Nos. of Gross Claim Paid | 240968 | N/A | - |
| Amt. of Gross Claim Paid | Rs 52.54 billion | Rs 58.98 billion | 12.26 | |
Non-Life Insurance Claim |
Nos. of Gross Claim Paid | 147519 | 162524 | 10.17 |
| Amt. of Gross Claim Paid | Rs 19.07 billion | Rs 23.52 billion | 23.34 | |
Direct Employment |
Direct Employment | 12031 persons | 11496 persons | -4.45 |
Insurance Agents |
Insurance Agents | 296403 | 277626 | -6.33 |
Surveyors |
Surveyors | 1240 persons | 1217 persons | -1.85 |
Paid Up Capital |
Life Insurance | Rs 43.89 billion | Rs 52.16 billion | 18.84 |
| Non Life Insurance | Rs 22.80 billion | Rs 26.06 billion | 14.3 | |
| Total | Rs 66.69 billion | Rs 78.22 billion | 17.29 |
Our network of insurers opens up a world of possibilities
