Page 51 - Insurance Times April 2020

Performance Statistics - Non-Life Insurance

GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF FEBRUARY 2020
(Rs. in crores)
INSURER For the month of Upto the Month of Market Share Growth over the
February February upto the corresponding
Month of
period of pre-
2019-20 2018-19 2019-20 2018-19 Feb 2020 (%) vious year (%)
Acko General Insurance Limited 30.08 15.67 341.40 118.54 0.20 188.00
Bajaj Allianz General Ins. Co. Ltd. 699.18 709.44 12,052.03 10,037.79 6.96 20.07
Bharti AXA General Ins. Co. Ltd. 221.22 179.18 2,905.15 2,028.46 1.68 43.22
Cholamandalam MS General Ins. 374.00 393.98 4,028.00 3,957.98 2.32 1.77
DHFL General Insurance Limited 8.99 11.58 150.34 230.13 0.09 (34.67)
Edelweiss General Ins. Co. Ltd. 16.50 7.26 133.94 84.29 0.08 58.90
Future Generali India Ins. Co. Ltd. 223.71 194.36 3,118.60 2,219.13 1.80 40.53
Go Digit General Ins. Ltd. 169.28 97.39 1,962.70 724.30 1.13 170.98
HDFC Ergo General Ins. Co. Ltd. 813.60 612.13 8,458.10 7,884.49 4.88 7.28
ICICI Lombard General Ins. Co. Ltd. 1,061.21 1,133.26 12,569.11 13,588.79 7.25 (7.50)
IFFCO Tokio General Ins. Co. Ltd. 542.64 477.80 7,341.55 6,095.68 4.24 20.44
Kotak Mahindra General Ins. Co. 43.52 26.76 393.00 264.82 0.23 48.40
Liberty General Ins. Ltd. 139.21 100.39 1,422.91 1,024.09 0.82 38.94
Magma HDI General Ins. Co. Ltd. 96.32 99.78 1,140.66 844.86 0.66 35.01
National Ins. Co. Ltd. 1,321.51 1,312.33 13,541.62 13,031.47 7.82 3.91
Raheja QBE General Ins. Co. Ltd. 18.49 10.24 131.47 96.85 0.08 35.75
Reliance General Ins. Co. Ltd. 430.84 365.80 6,989.95 5,679.24 4.03 23.08
Royal Sundaram General Ins. Co. 319.56 218.09 3,425.89 2,889.60 1.98 18.56
SBI General Ins. Co. Ltd. 620.87 292.78 6,101.11 3,970.74 3.52 53.65
Shriram General Ins. Co. Ltd. 212.56 207.77 2,219.02 2,071.54 1.28 7.12
Tata AIG General Ins. Co. Ltd. 553.00 621.40 6,856.50 7,078.70 3.96 (3.14)
The New India Assurance Co. Ltd. 1,925.33 1,550.15 24,687.55 21,360.14 14.25 15.58
The Oriental Ins. Co. Ltd. 1,052.26 933.13 12,302.08 11,679.48 7.10 5.33
United India Ins. Co. Ltd. 1,169.22 1,097.57 15,805.75 14,796.72 9.12 6.82
Universal Sompo General Ins. Co. 144.15 248.16 2,603.75 2,701.31 1.50 (3.61)
General Insurers Total 12,207.25 10,916.39 1,50,682.17 1,34,459.13 86.97 12.07
Aditya Birla Health Ins. Co. Ltd. 104.44 45.27 767.13 420.48 0.44 82.44
HDFC Ergo Health Ins. Co. Ltd. 215.58 208.11 2,200.49 1,851.74 1.27 18.83
ManipalCigna Health Ins. Co. Ltd. 49.31 36.87 513.63 429.76 0.30 19.52
Max Bupa Health Ins. Co. Ltd. 118.33 87.35 1,084.62 810.19 0.63 33.87
Religare Health Ins. Co. Ltd. 198.98 186.57 2,166.88 1,660.16 1.25 30.52
Star Health & Allied Ins. Co. Ltd. 669.00 558.00 5,824.00 4,459.00 3.36 30.61
Reliance Health Ins. Limited* (1.82) 1.08 4.21 2.21 0.00 90.38
Stand-alone Pvt Health Insurers 1,353.82 1,123.25 12,560.96 9,633.55 7.25 30.39
Agricultural Ins. Co. of India Ltd. 307.28 818.80 9,020.38 6,905.48 5.21 30.63
ECGC Limited 91.40 101.23 1,001.29 1,099.27 0.58 (8.91)
Specialized PSU Insurers 398.68 920.03 10,021.67 8,004.75 5.78 25.20
GRAND TOTAL 13,959.75 12,959.68 1,73,264.80 1,52,097.43 100.00 13.92
Note: Compiled on the basis of data submitted by the Insurance companies NA: Not Applicable
*Takeover of Reliance Health Insurance portfolio by Reliance General Insurance
The Insurance Times, April 2020 51