Page 772 - Insurance Statistics 2021

Indian Non-life Insurance Industry
Yearbook 2018-19

Crop
Chart 4.8.4 Channelwise GDPI - Liability

Crop insurance has seen significant growth in 2017-18 & 2018-19 due to PM’s flagship programme for farmers –
Others
Others Pradhan Mantri Fasal Bima Yojana – (PMFBY).
0.3%
0.3%
Crop as a segment has emerged separately this year. From 2018-19, Crop has been reported across almost all
Micro Insurance Agent
Micro Insurance
Agent
0.0%
Individual
0.0% Individual Agents insurance companies. Figures till 2017-18 show figures for Agricultural Insurance Company.
Agents
25.6%
25.6%
Direct Business- Oth…
Direct Business- Oth…
19.9%
19.9% Table 4.9.1 Crop
Direct Business- I…
Direct Business- I…
1.5%
1.5% 2018-19 Value
Corporate Agent…
Corporate Agent…
Arrange…
Referral
Referral Arrange… 0.6% No. Of Policies 1,13,52,931
0.6%
0.0%
0.0%
Agent…
Corporate Agent… Premium (in Cr) 27,614
Corporate
0.3%
0.3%
No. Of Claims Reported 99,75,620
No. Of Paid Claims 1,30,25,092
Amt of Paid Claims (in Cr) 24,930
16,730
Amt of Paid Claims (in Cr) Premium booked in India considered
Brokers
Brokers
51.8%
51.8%
Source: Council Compilation as per source
data submitted by companies Chart 4.9.1 GDPI - Crop
30,000
27,624
25,000
20,000
₹ in Crores 15,000

10,000 7,893
6,980

5,000 2,577 3,297 3,395 2,740 3,521
1,520 1,950
833
-

Year

Source: Council Compilation as per source
data submitted by companies

112 113