Page 44 - Insurance Times April 2023
P. 44
Premium Underwritten Outside India by Segment-wise General and Health
General Insurers Insurance Premium
(Rs. crore)
The health business reported a growth of 26.27 per cent in
2021-22 making it the largest general insurance segment
Insurer 2020-21 2021-22
in India with a market share of about 36 per cent. The
National 44.92 51.10
market share of motor segment decreased to about 32 per
(-11.34) (13.76)
cent but reported a positive growth of 3.90 per cent
New India 3,024.94 2,942.05
compared to negative growth reported in the previous year.
(4.24) (-2.74)
After COVID led interruptions in 2020-21, marine segment
Oriental 297.71 309.46 reported a growth of 19.48 per cent in 2021-22. Fire and
(-7.93) (3.95) other segments also recorded positive growth of 7.15 per
Total 3,367.57 3,302.61 cent and 1.10 per cent respectively in 2021-22.
(2.80) (-1.93)
Insurance company wise segment-wise premium
underwritten is provided in Statement 11.
Note:
1. Figures in bracket indicate growth (in percent) over
Policies issued by General and Health
previous year.
2. Reclassification/Regrouping in the previous year's Insurers
figures, if any, by the insurer has not been considered. The general and health insurers have issued 26.57 crore
Segment-Wise Premium (Within India) Underwritten by General and Health Insurers
(Rs. crore)
38 April 2023 The Insurance Times