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The then Union Finance Minister Mr. Pranab Mukherjee reviewed the performance of Public Sector Insurance Companies, including LIC, GIC Re and Agriculture Insurance Company of India Limited, during fiscal 2011-12 in a meeting held at New Delhi on the 13th of June 2012. The CEOs of the insurance companies including the Life Insurance Corporation of India and General Insurance Corporation of India were present on the occasion...

Financial Performance Summary (Amounts in Crores)
IN CRORES
Years	Gross Premium	Earned Premium	Incurred Claims	Net Commission	PBT	PAT	Total Assets	Dividend %	Combined Ratio
2001-02	3282	2438	2295	636	357	307	10379	20	121.2
2002-03	4515	3186	2744	909	343	261	11695	22	115.6
2003-04	4641	3992	2895	1072	1277	1038	16441	30	100.2
2004-05	5122	4374	3703	1207	800	200	19552	30	113.2
2005-06	4881	4459	4573	1103	443	599	26424	20	128.3
2006-07	7404	5264	3623	1670	1789	1531	28524	72	101.4
2007-08	9316	7229	6011	2090	1067	993	36013	46	112.8
2008-09	8061	7806	6217	1749	1812	1407	30020	65	102.8
2009-10	9737	8076	6856	1930	1290	1775	43842	82	109.7
2010-11	11681	9544	8626	1926	1189	1033	49729	48	111.4
2011-12	13618	11316	14128	2282	-2490.67	(-)2468.75	53731	0	142.7
2012-13	15086	13322	10942	2906	2382	2345	59940	109	106.5
2013-14	14680	13609	12107	2449	2303	2253	66992	104.5	110.3
2014-15	15183	13558	11891	2784	2827	2693	78093	125.61	109
2015-16	18435	15172	12900	3490	2956	2848	79732	200	107.4
2016-17	33585	26714	21646	5404	3624	3127	94949	233	99.7
2017-18	41799	38096	32954	6370	3668	3233	110227	270	103.8
2019-20	51030	44145	43036	7508	-446	-359	116196	6.75	114.38
2020-21	47,014	42,197	36,854	7,984	3163	1920	134661	0	112.03