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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

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