The cumulative doses administered in the country so far under the nationwide vaccination drive have exceeded 80.85 crores, according to the ministry.
Of the 4,45,133 deaths reported so far in the country, 1,38,518 are from Maharashtra, 37,603 from Karnataka, 35,337 from Tamil Nadu, 25,085 from Delhi, 23,591 from Kerala, 22,887 from Uttar Pradesh, and 18,652 from West Bengal.
An analysis by AIP Analytics shows, though, the industry witnessed a massive disruption due to the onset of Covid-19 Pandemic since March 2020, in terms of key parameters like gross premium, number of policies issued, underwriting losses/ profit , Combined ratio, gross claims, no of employees and foreign direct investment and investment in infrastructure and social sectors, the Indian general insurance industry has seen a significant improvement during FY 2020-21.
The first half of 2021- 22 has definitely seen a reversal in several aspects.Primarily the second wave has hit the helath insurance portfolio much harder , motor insurance has seen more intense price competition due to lower demand of new vehicles while at the sametime There is no lockdown effect this time. Prices for small and medium risks have plummeted in the property space . All These point towards a much worse performance of
the Indusrty going forward,”cautioned the analysts.
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