Table 1: Descriptive Statistics of Different Ratios of Non Life Insurance Industry (2010/11)
Claims ratio :Claims Incurred/ Gross Premiums
Expense ratio :Management Expenses/ Gross Premiums Combined ratio :Claims Ratio + Expense Ratio Operating ratio :Claims ratio + Expense ratio Investment ratio Investment Ratio :Investment Income /Gross Premium Outstanding premiums Ratio :Outstanding Premium /Gross Premiums Return on equity :Net Profit after tax /Shareholders Funds Return on assets :Net Profit before interest & tax /Total Assets Retention Ratios :Net premiums /Gross Premiums Return on investments :Investment income / total investments Investments income to premium ratio :Investments income /Gross premiums Investments to total assets ratio: Investments / total assets Gross premium to equity ratio :Gross premium / Shareholders Funds Net premium to equity ratio :Net premium / Shareholders Funds Capital to liabilities ratio :Shareholders Funds /Total Liabilities Profit to Underwriting Ratio Profit to Net Premium