Insurance Industry (Facts & Figures)

S. Kamal Hayder Kazmi

3 years ago

Top 10 Costliest World Natural Disasters By Insured Losses, 2021 (US$ billions)
Rank	Date	Country/region	Event	Insured loss
1	Aug. 27-Sep. 2	U.S., Caribbean	Hurricane Ida	$36.00
2	Feb. 2-20	U.S., Mexico	Winter weather (freeze)	15
3	Jul. 12-18	Western and Central Europe	Flooding	13
4	Jan. 1-Dec. 31	U.S.	Drought	4.3
5	Dec. 10-12	U.S.	Severe weather (3)	4
6	Jun. 17-25	Western and Central Europe	Severe weather (3)	3.5
7	Apr. 27-May 2	U.S.	Severe weather (3)	2.6
8	Feb. 2-13	Japan	Fukushima Earthquake	2.5
9	Jun. 1-Sep. 30	China	Season floods	2.1
10	Dec. 30-31	U.S.	Marshall Fire	2
All other events				$45.00
Total 2021				$130.00

World Natural Disaster Events Ranked By Number Of Perils And Insured Losses, 2021
Rank	Peril	No. of events	Rank	Peril	Insured loss (US$ billions)
1	Severe weather	135	1	Tropical cyclone	$39
2	Flooding	133	2	Severe weather (2)	37
3	Tropical cyclone	37	3	Flooding	22
4	Winter weather	25	4	Winter weather	17
5	Earthquake	24	5	Drought	6
6	Wildfire	19	6	Wildfire	5
7	European windstorm	11	7	Earthquake	3
8	Drought	10	8	European windstorm	2
9	Other	7	9	Other	0
	Total	401		Total	$131

Market Capitalization Of Each Sector In Pakistan
Sectors	Market Cap on 30/06/2020 (Rs million)	Market Cap on 31/03/2021 (Rs million)	%Change
Automobile Assembler	241,244.95	329,647.11	36.6
Automobile Parts & Accessories	48,008.15	69,245.79	44.2
Cable & Electrical Goods	25,279.94	30,810.24	21.8
Cement	408,176.15	668,273.56	63.7
Chemical	307,193.43	408,065.32	32.8
Close – End Mutual Fund	2,919.58	3,414.79	16.9
Commercial Banks	1,070,354.21	1,247,233.14	16.5
Engineering	72,695.88	154,576.63	112.6
Fertilizer	472,487.69	487,722.25	3.2
Food & Personal Care Products	595,057.92	658,100.96	10.6
Glass & Ceramics	37,380.82	65,367.36	74.9
INSURANCE	151,405.78	168,327.06	11.2
Inv. Banks / Inv. Cos. / Securities Cos.	104,765.65	117,844.29	12.5
Jute	123.30	123.30	0
Leasing Companies	4,531.81	4,891.75	7.9
Leather & Tanneries	25,914.73	41,888.72	61.6
Miscellaneous	67,834.21	71,939.64	6.1
Modarabas	11,701.45	14,185.41	21.2
Oil & Gas Exploration Companies	969,427.07	986,752.39	1.8
Oil & Gas Marketing Companies	188,213.91	228,926.97	21.6
Paper & Board	59,783.06	84,203.40	40.8
Pharmaceuticals	272,870.67	294,303.64	7.8
Power Generation & Distribution	245,707.11	310,115.49	26.2
Refinery	53,835.38	146,527.25	172.1
Sugar & Allied Industries	65,812.41	75,790.82	15.1
Synthetic & Rayon	46,310.88	66,108.70	42.7
Technology & Communication	99,462.12	233,874.54	135.1
Textile Composite	222,361.07	298,073.56	34.1
Textile Spinning	44,051.96	70,847.42	60.8
Textile Weaving	2,527.59	3,725.39	47.4
Tobacco	512,591.23	458,140.17	-10.6
Transport	66,826.02	68,621.90	2.7
Vanaspati & Allied Industries	7,193.02	1,738.81	-75.8
Woollen	1,441.40	456.20	-68.4
Real Estate Investment Trust	24,216.09	22,325,94	-7.8
Total	6,529,706.80	7,892,190.10	20.9
Source: Economic Survey of Pakistan FY2021