Page 53 - Insurance Times November 2019
P. 53

STATUS OF GRIEVANCES - GENERAL AND HEALTH INSURERS 2017-18
          Insurer                       Opening  Reported  Resolved % Resolved Pending at  Duration wise analysis
                                        Balance   during   during   during  the end of   of pending complaints
                                                 the year  the year  the year  the year  Less than  Between More than
                                                                                      15 days  15 and   30 days
                                                                                      30 days
          Bajaj Allianz General Insurance  7       914      919      99.78     2        2        0         0
          Bharati Axa General Insurance   7        1943     1944     99.69     6        5        1         0
          Cholamandalam MS General        3        439      440      99.55     2        2        0         0
          Future Generali India Ins.      3        1113     1113     99.73     3        3        0         0
          HDFC ERGO General Insurance     0        1037     1037    100.00     0        0        0         0
          ICICI Lombard General Insurance  88      3037     3091     98.91     34       34       0         0
          IFFCO Tokio General Insurance   1        1044     1029     98.47     16       15       0         1
          Kotak Mahindra General          2        63        65     100.00     0        0        0         0
          HDFC ERGO*                      0        137      137     100.00     0        0        0         0
          Liberty Genral Insurance        3        257      260     100.00     0        0        0         0
          Magma HDI General Insurance     17       94        62      55.86     49       2        0        47
          Raheja QBE                      0         1        0       0.00      1        0        0         1
          Reliance General Insurance      9        454      456      98.49     7        6        0         1
          Royal Sundaram Alliance General  6       778      782      99.74     2        2        0         0
          SBI General Insurance           55       671      697      96.01     29       16       1        12
          Shriram General Insurance       0        218      218     100.00     0        0        0         0
          Tata- AIG General Insurance     1        1050     1050     99.90     1        1        0         0
          Universal Sompo General Ins     0        454      454     100.00     0        0        0         0
          Total Private Insurers         202      13704    13754     98.91    152       88       2        62
          National Insurance             189       5571     5591     97.07    169       50       21       98
          The New India Assurance         35       4820     4852     99.94     3        3        0         0
          The Oriental Insurance         130       2743     2121     73.83    752       40       8        704
          United India Insurance         112       9425     9212     96.59    325      141       38       146
          Total - PSU insurers           466      22559    21776     94.58    1249     234       67       948
          STANDALONE HEALTH INSURERS
          Aditya Birla Health             1        251      145      57.54    107       19       21       67
          Apollo MUNICH Health Insurace   20       929      918      96.73     31       22       9         0
          CignaTTK Health Insurance       8        702      707      99.58     3        3        0         0
          Max Bupa Health Insurance       0        772      772     100.00     0        0        0         0
          Religare Health Insurance       0        573      569      99.30     4        4        0         0
          Star Health and Allied Insurance  37     4496     4486     98.96     47       47       0         0
          Total - Health Insurers         66       7723     7597     97.53    192       95       30       67
          SPECIALISED INSURERS
          Agriculture Insurance           ---       ---      ---      ---      ---      ---      ---      ---
          ECGC of India                   52        9        8       13.11     53       0        0        53
          Grand total                    786      43995    43135     96.32    1646     417       99      1130
         *Erstwhile HDFC Ergo General Insurance Co. Ltd. merged with L&T General Insurance Co. Ltd., w.e.f. 01.01.2017
                                                                                   Source : IRDAI Annual Repoer 2017-18

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