Page 56 - Insurance Times October 2020

Performance Statistics - Non-Life Insurance

GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF SEPTEMBER 2020
(Rs. in crores)

INSURER For the month of Upto the Market Share Growth over the
September Month of September upto the corresponding
Month of period of pre-
2020-21 2019-20 2020-21 2019-20 Sep 2020 (%) vious year (%)
Acko General Insurance Limited 38.43 41.53 149.41 165.43 0.15 (9.68)
Bajaj Allianz General Ins. Co. Ltd. 937.90 2,002.91 6,408.94 7,086.05 6.61 (9.56)
Bharti AXA General Ins. Co. Ltd. 393.52 370.32 1,555.96 1,570.68 1.60 (0.94)
Cholamandalam MS General Ins. 375.00 365.84 1,949.00 2,189.73 2.01 (10.99)
DHFL General Insurance Limited 8.47 34.76 38.73 106.51 0.04 (63.64)
Edelweiss General Ins. Co. Ltd. 12.20 7.21 94.02 51.52 0.10 82.49
Future Generali India Ins. Co. Ltd. 348.58 320.82 1,597.39 1,424.27 1.65 12.16
Go Digit General Ins. Ltd. 253.87 233.20 1,300.02 994.47 1.34 30.73
HDFC Ergo General Ins. Co. Ltd. 1,760.90 1,936.80 4,884.65 5,050.56 5.03 (3.28)
ICICI Lombard General Ins. Co. Ltd. 1,088.53 1,014.37 6,491.46 6,439.51 6.69 0.81
IFFCO Tokio General Ins. Co. Ltd. 820.13 741.19 4,227.94 4,180.19 4.36 1.14
Kotak Mahindra General Ins. Co. 44.36 34.66 233.58 182.72 0.24 27.84
Liberty General Ins. Ltd. 105.96 114.72 650.72 711.04 0.67 (8.48)
Magma HDI General Ins. Co. Ltd. 94.12 95.97 513.57 554.72 0.53 (7.42)
National Ins. Co. Ltd. 2,392.77 2,015.85 7,214.30 7,603.68 7.44 (5.12)
Raheja QBE General Ins. Co. Ltd. 19.64 13.74 90.38 60.27 0.09 49.95
Reliance General Ins. Co. Ltd. 1,391.96 1,274.04 4,500.55 4,445.01 4.64 1.25
Royal Sundaram General Ins. Co. 218.63 585.85 1,220.07 1,793.70 1.26 (31.98)
SBI General Ins. Co. Ltd. 1,012.64 927.04 3,619.67 3,114.10 3.73 16.23
Shriram General Ins. Co. Ltd. 195.51 228.62 1,008.94 1,176.71 1.04 (14.26)
Tata AIG General Ins. Co. Ltd. 695.28 578.09 3,781.01 3,961.48 3.90 (4.56)
The New India Assurance Co. Ltd. 2,844.65 2,829.11 14,099.99 13,544.01 14.53 4.10
The Oriental Ins. Co. Ltd. 1,701.85 1,632.24 6,261.35 6,855.55 6.45 (8.67)
United India Ins. Co. Ltd. 1,633.02 1,890.18 8,266.17 7,895.85 8.52 4.69
Universal Sompo General Ins. Co. 453.76 402.42 1,353.65 1,191.68 1.40 13.59
General Insurers Total 18,841.67 19,691.48 81,511.49 82,349.43 84.01 -1.02
Aditya Birla Health Ins. Co. Ltd. 109.84 63.89 550.02 314.87 0.57 74.68
HDFC Ergo Health Ins. Co. Ltd. 203.01 189.69 1,031.34 1,062.51 1.06 (2.93)
ManipalCigna Health Ins. Co. Ltd. 61.07 41.64 329.17 252.90 0.34 30.16
Max Bupa Health Ins. Co. Ltd. 141.28 94.78 719.27 531.66 0.74 35.29
Religare Health Ins. Co. Ltd. 212.79 164.59 1,140.17 1,136.42 1.18 0.33
Star Health & Allied Ins. Co. Ltd. 814.00 563.00 4,041.00 2,795.00 4.16 44.58
Reliance Health Ins. Ltd.* (0.00) 0.66 (0.01) 6.15 (0.00) NA
Stand-alone Pvt Health Insurers 1,542.00 1,118.25 7,810.97 6,099.50 8.05 28.06
Agricultural Ins. Co. of India Ltd. 2,569.64 3,187.57 7,250.80 6,554.36 7.47 10.63
ECGC Limited 103.49 124.26 451.78 525.11 0.47 (13.96)
Specialized PSU Insurers 2,673.13 3,311.83 7,702.58 7,079.47 7.94 8.80
GRAND TOTAL 23,056.80 24,121.56 97,025.04 95,528.40 100.00 1.57
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, October 2020