Page 247 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 54: NET PREMIUM EARNED, INCURRED CLAIMS &
INCURRED CLAIMS RATIO OF GENERAL AND HEALTH INSURERS

INSURER FIRE INSURANCE
NET PREMIUM EARNED (? Crore)
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20
Acko - - - - - - -
Bajaj Allianz 144.65 146.62 165.85 176.39 179.63 187.71 267.96
Bharti AXA 12.08 11.43 9.36 9.59 9.48 18.43 28.65
Cholamandalam 40.97 43.41 46.59 49.23 81.19 92.64 95.91
Navi General*** - - - - 27.71 52.24 30.46
Edelweiss - - - - - 0.62 1.51
Future Generali 30.46 33.47 43.15 45.72 53.56 64.93 91.78
GoDigit - - - - (0.10) 3.56 15.06
HDFC ERGO (Earlier known as
L&T General Ins. Co. Ltd.)** 6.65 8.48 7.61 25.23 97.36 99.14 145.94
HDFC ERGO* 52.82 68.40 73.30 61.67 NA -- --
ICICI Lombard 153.49 108.85 99.50 123.71 144.09 157.88 273.58
IFFCO Tokio 37.23 39.20 44.93 40.33 48.14 47.13 59.23
Kotak Mahindra NA NA NA 1.43 2.36 4.98 7.35
Liberty Videocon 1.64 3.63 4.54 3.48 2.99 3.75 8.76
Magma HDI 0.12 1.48 1.90 7.05 5.04 6.20 8.12
Raheja QBE 0.46 0.47 0.35 0.33 0.58 0.49 0.87
Reliance 41.09 48.39 56.04 63.27 76.84 103.84 167.56
Royal Sundaram 16.78 18.24 21.74 24.29 29.92 30.82 38.07
SBI General 111.48 139.42 152.78 171.92 138.34 153.62 199.04
Shriram 4.89 6.60 7.48 12.02 17.93 19.01 16.04
Tata AIG 26.82 24.23 26.76 33.74 66.07 106.44 158.02
Universal Sompo 44.85 58.34 55.18 58.55 58.95 58.24 58.83
PRIVATE-TOTAL 726.48 760.65 817.06 907.95 1040.08 1211.66 1672.73

National 721.23 753.31 756.46 763.76 674.88 697.31 652.31
New India 1784.63 1887.33 2073.26 1918.69 1962.34 1890.90 2443.36
Oriental 660.44 590.02 565.59 610.39 590.38 601.95 670.87
United 808.87 806.40 790.68 849.63 856.88 768.20 797.71
PUBLIC-TOTAL 3975.16 4037.06 4185.99 4142.47 4084.48 3958.36 4564.25

GRAND TOTAL 4701.64 4797.71 5003.05 5050.42 5124.56 5170.02 6236.99

Note: * HDFC Ergo General Insurance Co. Ltd. merged with L&T General Insurance Co. Ltd. w.e.f. 01.01.2017, therefore
premiums and claims have been taken upto 31.12.2016
** L&T General Insurance co. Ltd. is renamed as HDFC Ergo General Insurance Co. Ltd.
*** Erstwhile DHFL General Insurance Co. Ltd.
Figures in brackets indicate negative values; '-' Not yet started business; NA- Not applicable

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