Page 52 - Insurance Times November 2019

SOLVENCY RATIO OF GENERAL, HEALTH AND RE-INSURERS - 2017-18

Sl. No. Insurer June 2017 September 2017 December 2017 March 2018
PRIVATE INSURERS
1 Acko General Insurance Ltd. NA NA 2.50 2.48
2 Bajaj Allianz General Insurance Co. Ltd. 2.77 2.88 3.13 2.76
3 Bharti AXA General Insurance Co. Ltd. 1.68 1.98 1.95 1.86
4 Cholamandalam MS General Insurance Co. Ltd. 1.68 1.55 1.57 1.61
5 DHFL General Insurance Limited NA NA 3.40 3.34
6 Edelweiss General Insurance Company Limited NA NA NA 2.81
7 Future Generali India Insurance Co. Ltd. 1.85 1.81 1.73 1.69
8 HDFC ERGO General Insurance Co. Ltd. 2.04 1.88 2.05 2.06
9 Go Digit General Insurance Ltd. NA NA 6.26 5.48
10 ICICI Lombard General Insurance Co. Ltd. 2.13 2.18 2.21 2.05
11 IFFCO Tokio General Insurance Co. Ltd. 1.64 1.79 1.63 1.62
12 Kotak Mahindra General Insurance Co. Ltd. 2.41 2.28 2.09 1.88
13 Liberty General Insurance Co. Ltd.* 2.22 1.85 2.23 2.40
14 Magma HDI General Insurance Co. Ltd. 2.06 2.06 2.07 2.01
15 Raheja QBE General Insurance Co. Ltd. 4.43 4.42 4.42 4.32
16 Reliance General Insurance Co. Ltd. 1.70 1.73 1.72 1.68
17 Royal Sundaram General Insurance Co. Ltd. 1.69 2.25 2.25 2.21
18 SBI General Insurance Co. Ltd. 2.30 2.67 2.72 2.54
19 Shriram General Insurance Co. Ltd. 1.86 2.09 2.27 2.35
20 Tata AIG General Insurance Co. Ltd. 1.72 1.95 1.78 1.69
21 Universal Sompo General Insurance Co. Ltd. 1.64 1.68 1.55 2.30
PUBLIC INSURERS
22 National Insurance Co. Ltd. 1.69 1.62 1.53 1.55
23 The New India Assurance Co. Ltd. 2.24 2.24 2.39 2.58
24 The Oriental Insurance Co. Ltd. 1.18 1.52 1.43 1.66
25 United India Insurance Co. Ltd. 1.10 1.08 1.08 1.54
SPECIALIZED INSURERS
26 Agriculture Insurance Co of India Ltd 2.13 2.59 2.39 2.04
27 Export Credit Guarantee Corporation of India Ltd. 8.60 7.62 10.33 9.86
STANDALONE HEALTH INSURERS
28 Aditya Birla Health insurance Co. Limited 2.22 3.46 2.34 1.67
29 Apollo Munich Health Insurance Co. Ltd. 1.54 1.57 1.60 1.74
30 CignaTTK Health Insurance Co. Ltd. 2.13 3.83 2.82 2.06
31 Max Bupa Health Insurance Co. Ltd. 1.99 1.96 1.92 2.11
32 Religare Health Insurance Co. Ltd. 1.58 1.54 1.32 1.56
33 Star Health and Allied Insurance Co. Ltd. 1.53 1.52 1.51 1.77
REINSURER
34 Public Sector - GIC 1.76 1.72 1.87 1.72
35 Private Sector - ITI 5.14 5.21 5.27 5.25

Note: * Erstwhile Liberty Videocon General Insurance Co. Ltd.
NA indicates that insurer's business was not in operation during the corresponding period. Source : IRDAI Annual Repoer 2017-18

52 The Insurance Times, November 2019