Page 54 - Insurance Times January 2018 Sample

GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF NOVEMBER, 2017
(Rs. in crores)
INSURER For the month of Upto Market Share Growth over the
November 2017 November 2017 upto the corresponding
Month of period of
2017-18 2016-17 2017-18 2016-17 Nov., 2007 previous year
Bajaj Allianz 537.35 478.55 5,975.03 4,672.36 6.22 27.88
Bharti AXA General 118.54 109.23 1112.08 875.75 1.16 26.99
Cholamandalam 319.97 236.56 2806.44 1968.36 2.92 42.58
DHFL General** 12.31 NA 12.31 NA 0.01 NA
Future Generali 138.63 130.43 1248.61 1140.75 1.30 9.46
HDFC ERGO General# 403.59 604.26 4,767.56 3,802.36 4.96 25.38
ICICI-lombard 885.00 833.00 8,466.00 7,264.00 8.81 16.55
IFFCO-Tokio 339.6 572.79 3214.17 3083.59 3.34 4.23
Kotak Mahindra 16.66 8.54 109.10 41.63 0.11 162.07
Liberty 58 46 532 385 0.55 38.18
Magma HDI 35.41 32.85 310.19 257.78 0.32 20.33
National 1238.2 1057.57 10733.39 9122.8 11.17 17.65
New India 1525.21 1234.01 14478.32 12182.31 15.06 18.85
Oriental 761.18 683.42 7408.66 7010.9 7.71 5.67
Raheja QBE 4.33 4.29 47.71 36.2 0.05 31.80
Reliance General 343.26 274.01 3,668.68 2,893.00 3.82 26.81
Royal Sundaram 200.07 165.05 1719.17 1445.81 1.79 18.91
SBI General 294.94 216.74 2,262.59 1,578.19 2.35 NA
Shriram General 158.88 148.25 1313.47 1174.84 1.37 11.80
Tata-AIG 417.00 340.00 3513.00 2816.00 3.66 24.75
United India 1229.18 1217.91 10401.07 10631.42 10.82 -2.17
Universal Sompo 151.27 76.36 925.30 677.39 0.96 36.60
Gen. Insurer's Total 9188.58 8469.82 85024.85 73060.44 88.47 16.38
Aditya Birla Health 10.63 1.80 126.84 2.56 0.13 4854.69
Apollo MUNICH 118.84 81.83 837.09 632.77 0.87 32.29
Cigna TTK 27.2 16.47 184.27 129.12 0.19 42.71
Max BUPA 55.38 43.56 439.34 347.29 0.46 26.51
Religare 84.42 50.7 636.82 405.62 0.66 57.00
Star Health & Allied Insurance 313.87 224.11 2145.35 1530.26 2.23 40.20
Stand-alone Pvt Health Insurers 610.34 418.47 4369.71 3047.62 4.55 43.38
AIC 107.36 193.54 5943.97 4891.85 6.18 21.51
ECGC 106.13 98.01 768.02 755.54 0.80 1.65
Specialized Insurers 213.49 291.55 6711.99 5647.39 6.98 18.85
GRAND TOTAL 10012.41 9179.84 96106.55 81755.45 100.00 17.55
Note: Compiled on the basis of data submitted by the Insurance companies
# 1. The Insurance Regulatory and Development Authority of India (IRDAI), vide letter dated August 14, 2017 has given
final approval in respect of merger of HDFC Ergo General Insurance Co. Ltd. with HDFC General Insurance Ltd. ( formerly
Known as L&T General Insurance Co.Ltd.). The merged entity is known as HDFC ERGO General Insurance Co.Ltd.
2. Figures for Previous Year pertain to HDFC ERGO and HDFC General Insurance Ltd. (Formerly known as L & T General
Insurance Com. Ltd.)
** commenced operations in November 2017 (Source : IRDAI)

54 The Insurance Times, January 2018

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