Analytics & Reporting
Portfolio performance, loss analytics & regulatory reports · FY 2024–25
Overall Treaty Loss Ratio
62.4%
▲ 3.1pp adverse vs FY23-24 (59.3%)
0%Target: 60%100%
Ceded Premium / GWP Ratio
18.2%
▼ 0.4pp improvement vs FY23-24 (18.6%)
0%Target: <20%30%
Net Retention Ratio
81.8%
▲ 0.4pp improvement in retention
70%Target: >80%100%
Portfolio Performance
Loss Development (LDF)
Reinsurer Exposure
Regulatory Reports
Custom Reports
Ceded Premium vs Claims Recovery by LOB (₹ Cr)
FY 2024–25
Ceded Premium
Claims (Good ratio)
Claims (High LR)
Loss Ratio Trend by Year
3-Year View
| Line of Business | FY 22–23 | FY 23–24 | FY 24–25 | Trend |
|---|---|---|---|---|
| Fire & Property | 54.2% | 58.2% | 58.2% | → Stable |
| Motor OD | 62.1% | 65.4% | 63.8% | ▼ Improving |
| Motor TP | 71.2% | 73.8% | 74.2% | ▲ Deteriorating |
| Marine Cargo | 68.4% | 69.2% | 72.4% | ▲ Deteriorating |
| Property Cat | 8.2% | 3.1% | 88.7% | ▲▲ CAT Event |
| Engineering | 78.2% | 82.1% | 88.4% | ▲ Deteriorating |
| Liability | 48.2% | 51.1% | 52.3% | → Stable |
| TOTAL PORTFOLIO | 59.8% | 59.3% | 62.4% | ▲ 3.1pp adverse |
Regulatory Reports — IRDAI Submissions
🇮🇳 IRDAI Portal
Reinsurance Programme Report (RPR)
Annual reinsurance programme filed with IRDAI per Regulation 4. Includes all treaty and facultative arrangements, retention levels, and reinsurer panel.
Quarterly Reinsurance Statements (QRS)
Quarterly premium ceded, claims recovered, and net position statements submitted to IRDAI. Covers all treaty and fac placements.
GIC Re Mandatory Cession Certificate
Annual certificate confirming 5% mandatory cession to GIC Re on all reinsurance arrangements placed during the financial year.
Annual Report — Schedule of Reinsurance Ceded
Reinsurance schedules in annual report (Form NL-6 for general insurance) detailing ceded amounts by class, reinsurer, and treaty type.
CAT Event Reporting
Ad-hoc reporting to IRDAI for catastrophic events where industry loss exceeds ₹50 Cr. Includes exposure estimates, recovery lodged, and timeline.
Solvency II Equivalent & IFRS 17 Reports
Risk transfer tests, contract boundary analysis, and reinsurance asset measurement under IFRS 17 (AASB 17 framework). For cedant's reinsurance contracts held.
Reinsurer Concentration Risk & Credit Exposure
| Reinsurer | Country | S&P Rating | Treaties | Max Liability | Ceded Premium YTD | Outstanding Claims | Concentration | Risk Status |
|---|---|---|---|---|---|---|---|---|
| Munich Re | 🇩🇪 Germany | AA+ | 18 | ₹4,200 Cr | ₹1,240 Cr | ₹47.2 Cr | 25.7% | ✓ Within Limits |
| GIC Re | 🇮🇳 India | AA | 24 | ₹3,800 Cr | ₹968 Cr | ₹13.2 Cr | 20.1% | ✓ Within Limits |
| Swiss Re | 🇨🇭 Switzerland | AAA | 12 | ₹6,500 Cr | ₹820 Cr | ₹84.2 Cr | 17.0% | ✓ Within Limits |
| Hannover Re | 🇩🇪 Germany | AA− | 14 | ₹2,100 Cr | ₹650 Cr | ₹0 | 13.5% | ✓ Within Limits |
| Mapfre Re | 🇪🇸 Spain | A+ | 6 | ₹1,200 Cr | ₹145 Cr | ₹82.3 Cr | 3.0% | ⚠ Claim Dispute |