Page 55 - Insurance Times February 2016

Statistics

Over the Years data of General Insurance Corporation of India

Years Gross Earned Incurred Net PBT PAT Total Dividend Combined
Premium Premium
2001-02 Claims Commission Assets % Ratio
2002-03 3282 2438
2003-04 4515 3186 2295 636 357 307 10379 20 121.2
2004-05 4641 3992
2005-06 5122 4374 2744 909 343 261 11695 22 115.6
2006-07 4881 4459
2007-08 7404 5264 2895 1072 1277 1038 16441 30 100.2
2008-09 9316 7229
2009-10 8061 7806 3703 1207 800 200 19552 30 113.2
2010-11 9737 8076
2011-12 11681 9544 4573 1103 443 599 26424 20 128.3
2012-13 13618 11316
2013-14 15086 13322 3623 1670 1789 1531 28524 72 101.4
14680 13609
6011 2090 1067 993 36013 46 112.8

6217 1749 1812 1407 30020 65 102.8

6856 1930 1290 1775 43842 82 109.7

8626 1926 1189 1033 49729 48 111.4

14128 2282 (-)2490.67 (-)2468.75 53731 0 142.7

10942 2906 2382 2345 59940 109 106.5

12107 2449 2303 2253 66992 104.5 110.3

Source: General Insurance Corporation of India

Industry Statistics

Non-Life Insurer Market Share

Pie A shows the split of the four PSUs and all private sector general insurers as a block at 45 percent. Pie B shows the
respective market shares of various private players, notable among which are ICICI Lombard, Bajaj Allianz, HDFC Ergo and
Iffco Tokio with market shares of 8 percent, 6 percent, 4 percent and 4 percent respectively. 'Others' in the chart include L&T
General, Religare Health, Max Bupa Health, Liberty Videocon, Raheja QBE and Cigna TTK.

(Source: www.towerswatson.com)
The Insurance Times, February 2016 55

Copyright@ The Insurance Times. 09883398055 / 09883380339