Page 46 - Insurance Times April 2023
P. 46
Commission Expenses of General and Health Insurers
(Rs. crore)
highest claims ratio of 103.17 per cent whereas private Insurance company wise claim ratio and status of claims are
sector general insurers had lowest claims ratio of 77.95 per provided in Statement 13 and Statement 14 respectively.
cent during the year 2021-22. Among the various segments,
Underwriting Experience of General and
health segment had the highest claims ratio at 105.68 per
cent against a claim ratio of 89.51 per cent during previous Health Insurers
year.
The underwriting losses of the general and health insurers
40 April 2023 The Insurance Times