Page 33 - Life Insurance Today February 2018

Statistics

Gross Direct Premium of General and Health Insurers (Within and outside India)
(Rs. Crore)
Insurer 2016-17 2015-16
Private Sector Insurers
Bajaj Allianz General Insurance Co. Ltd. 7633.28 5832.15
Bharti AXA General Insurance Co. Ltd. 1314.09 1274.42
Cholamandalam MS General Insurance Co. Ltd. 3133.28 2452.00
Future Generali India Insurance Co. Ltd. 1815.50 1555.26
HDFC ERGO General Insurance Co. Ltd.* 3964.45 3379.55
HDFC ERGO General Insurance Co. Ltd.
(Earlier known as L&T General Ins. Co. Ltd.)** 2224.17 473.39
ICICI Lombard General Insurance Co. Ltd. 10725.20 8090.71
IFFCO Tokio General Insurance Co. Ltd. 5563.70 3691.33
Kotak Mahindra General Insurance Co. Ltd. 82.05 3.71
Liberty Videocon General Insurance Co. Ltd. 584.59 408.72
Magma HDI General Insurance Co. Ltd. 419.49 403.94
Raheja QBE General Insurance Co. Ltd. 58.92 28.76
Reliance General Insurance Co. Ltd. 3935.35 2791.56
Royal Sundaram General Insurance Co. Ltd. 2188.78 1694.12
SBI General Insurance Co. Ltd. 2604.49 2039.85
Shriram General Insurance Co. Ltd. 2102.42 1712.27
Tata AIG General Insurance Co. Ltd. 4167.97 2958.56
Universal Sompo General Insurance Co. Ltd. 1287.23 903.79
Private Sector Insurers Total 53804.96 39694.08
35.55% 13.12%
Public Sector Insurers
National Insurance Co. Ltd. 14282.36 12018.98
The New India Assurance Co. Ltd. 21597.92 17763.31
The Oriental Insurance Co. Ltd. 11117.02 8611.59
United India Insurance Co. Ltd. 16062.81 12250.36
Public Sector Insurers Total 63060.11 50644.24
24.52% 12.50%
Specialized Insurers
Agriculture Insurance Co of India Ltd 6979.56 3521.22
Export Credit Guarantee Corporation of India Ltd. 1267.62 1320.73
Specialized Insurers Total 8247.18 4841.95
70.33% 18.04%
Standalone Health Insurers
Aditya Birla Health insurance Co. Limited 54.04 --
Apollo Munich Health Insurance Co. Ltd. 1301.93 1022.18
CignaTTK Health Insurance Co. Ltd. 221.80 143.82
Max Bupa Health Insurance Co. Ltd. 593.93 476.01
Religare Health Insurance Co. Ltd. 726.07 503.32
Star Health and Allied Insurance Co. Ltd. 2960.05 2007.34
Standalone Health Insurers Total 5857.83 4152.67
41.06% 41.12%
Grand Total 130970.09 99332.94
31.85% 13.98%
Note: Figure in percentage indicate growth in percent over previous year.
* Erstwhile HDFC Ergo General Insurance Co. Ltd. merged with L&T General Insurance Co. Ltd. w.e.f. 01.01.2017.
** L&T General Insurance co. Ltd. is renamed as HDFC Ergo General Insurance Co. Ltd.

Life Insurance Today February 2018 33

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