Page 51 - Insurance Times May 2020

Performance Statistics - Non-Life Insurance

GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF MARCH 2020

(Rs. in crores)
INSURER For the month of Upto Market Share Growth over the
March March upto the corresponding
Month of period of pre-
2019-20 2018-19 2019-20 2018-19 Mar 2020 (%) vious year (%)
Acko General Insurance Limited 32.02 23.35 373.42 141.89 0.20 163.18
Bajaj Allianz General Ins. Co. Ltd. 727.74 1,021.62 12,779.77 11,059.41 6.75 15.56
Bharti AXA General Ins. Co. Ltd. 228.68 229.59 3,133.83 2,258.05 1.66 38.78
Cholamandalam MS General Ins. 369.80 470.16 4,397.80 4,428.14 2.32 (0.69)
NAVI General Insurance Limited 7.65 12.93 157.99 243.06 0.08 (35.00)
Edelweiss General Ins. Co. Ltd. 12.45 8.26 146.39 92.55 0.08 58.17
Future Generali India Ins. Co. Ltd. 298.48 334.80 3,417.07 2,553.94 1.81 33.80
Go Digit General Ins. Ltd. 235.82 480.70 2,198.52 894.81 1.16 145.70
HDFC Ergo General Ins. Co. Ltd. 850.29 728.36 9,308.40 8,612.85 4.92 8.08
ICICI Lombard General Ins. Co. Ltd. 743.76 899.44 13,312.87 14,488.23 7.04 (8.11)
IFFCO Tokio General Ins. Co. Ltd. 619.48 906.17 7,961.04 7,001.84 4.21 13.70
Kotak Mahindra General Ins. Co. 40.39 36.29 433.39 301.11 0.23 43.93
Liberty General Ins. Ltd. 108.46 101.08 1,531.36 1,125.16 0.81 36.10
Magma HDI General Ins. Co. Ltd. 84.11 125.26 1,224.77 970.11 0.65 26.25
National Ins. Co. Ltd. 1,637.33 2,097.43 15,178.95 15,128.90 8.02 0.33
Raheja QBE General Ins. Co. Ltd. 26.66 19.13 158.12 115.98 0.08 36.34
Reliance General Ins. Co. Ltd. 475.09 511.79 7,465.04 6,191.03 3.95 20.58
Royal Sundaram General Ins. Co. 241.21 282.97 3,667.10 3,172.57 1.94 15.59
SBI General Ins. Co. Ltd. 564.26 735.80 6,789.67 4,706.55 3.59 44.26
Shriram General Ins. Co. Ltd. 247.17 284.81 2,466.20 2,356.34 1.30 4.66
Tata AIG General Ins. Co. Ltd. 530.50 663.90 7,387.00 7,742.60 3.90 (4.59)
The New India Assurance Co. Ltd. 2,011.82 2,550.02 26,699.37 23,910.16 14.11 11.67
The Oriental Ins. Co. Ltd. 1,361.06 1,519.84 13,663.14 13,199.33 7.22 3.51
United India Ins. Co. Ltd. 1,698.03 1,623.75 17,503.78 16,420.47 9.25 6.60
Universal Sompo General Ins. Co. 234.04 129.61 2,837.79 2,830.92 1.50 0.24
General Insurers Total 13,386.31 15,797.06 1,64,192.78 1,49,946.01 86.78 9.50
Aditya Birla Health Ins. Co. Ltd. 104.91 76.32 872.04 496.80 0.46 75.53
HDFC Ergo Health Ins. Co. Ltd. 323.40 342.69 2,523.89 2,194.43 1.33 15.01
ManipalCigna Health Ins. Co. Ltd. 62.57 55.06 576.19 484.82 0.30 18.85
Max Bupa Health Ins. Co. Ltd. 158.27 136.83 1,242.89 947.02 0.66 31.24
Religare Health Ins. Co. Ltd. 222.11 165.40 2,388.99 1,825.56 1.26 30.86
Star Health & Allied Ins. Co. Ltd. 936.00 954.00 6,800.00 5,401.29 3.59 25.90
Reliance Health Ins. Ltd.* (0.03) 1.88 5.99 4.09 0.00 46.36
Stand-alone Pvt Health Insurers 1,807.23 1,732.17 14,409.98 11,354.01 7.62 26.92
Agricultural Ins. Co. of India Ltd. 517.21 (4.61) 9,537.58 6,900.88 5.04 38.21
ECGC Limited 73.91 148.27 1,075.20 1,247.54 0.57 (13.81)
Specialized PSU Insurers 591.12 143.66 10,612.78 8,148.42 5.61 30.24
GRAND TOTAL 15,784.66 17,672.89 1,89,215.54 1,69,448.44 100.00 11.67
Note: Compiled on the basis of data submitted by the Insurance companies NA: Not Applicable
*Takeover of Reliance Health Insurance portfolio by Reliance General Insurance
The Insurance Times, May 2020 51