DISTRIBUTION OF PREMIUM PORTFOLIOS

The respective contribution of portfolios in the total premium income and in the underwriting profit / loss of the company vary from the year to year . It mainly depend on the pace of economic activity in the country and underwriting policy of the company. the low interest rates combined with liberal credit facilities by the banks for auto finance phenomenally increased the number of vehicles on the road. Resultantantly demand for auto insurance tremendously increased. This obviously increased the motor premium portfolio by many folds. Similar factors also influenced various other portfolios resulting in our all premium distribution as under.