Page 250 - 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 (Contd... 54)

INSURER MARINE INSURANCE
NET PREMIUM EARNED (? Crore)
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20
Acko - - - - - - -
Bajaj Alianz 79.89 72.01 84.88 83.97 88.36 103.86 117.40
Bharti AXA 7.16 8.08 11.81 18.52 13.99 26.65 53.20
Cholamandalam 20.11 20.27 15.74 11.22 15.85 18.43 19.99
Navi General*** - - - - - - -
Edelweiss - - - - - (0.00) (0.08)
Future Generali 21.24 39.99 48.66 47.00 43.89 48.27 52.34
GoDigit - - - - - 0.00 0.04
HDFC ERGO (Earlier known as
L&T General Ins. Co. Ltd.)** 4.33 4.36 5.88 19.73 48.61 60.33 72.13
HDFC ERGO* 52.28 71.69 74.78 44.10 NA --
ICICI Lombard 156.61 160.11 184.93 192.08 195.76 236.73 256.32
IFFCO Tokio 42.92 49.09 39.61 53.43 57.61 68.31 73.68
Kotak Mahindra NA NA NA 0.00 - - -
Liberty Videocon (0.10) 1.05 3.31 6.30 10.42 16.33 23.36
Magma HDI (0.45) (1.21) 1.05 1.50 0.96 1.14 0.94
Raheja QBE 0.03 0.01 0.02 0.01 0.03 0.06 0.03
Reliance 19.31 21.87 26.83 17.72 5.41 5.79 6.40
Royal Sundaram 9.58 12.13 14.12 14.76 16.07 18.35 19.97
SBI General 4.14 7.63 15.88 14.08 10.79 12.06 17.74
Shriram 0.18 0.26 0.56 0.76 1.26 1.30 0.95
TATA AIG 218.56 210.88 225.82 231.93 247.71 280.38 298.77
Universal Sompo 4.26 6.72 7.26 6.62 5.69 5.55 6.26
PRIVATE-TOTAL 640.05 684.93 761.14 763.73 762.42 903.53 1,019.43

National 191.29 201.38 205.72 172.81 159.39 143.89 153.26
New India 461.02 611.04 473.00 462.03 377.87 419.31 429.31
Oriental 285.50 300.19 290.18 247.03 230.15 208.40 197.45
United 300.02 304.54 288.77 268.67 232.73 222.51 196.63
PUBLIC-TOTAL 1237.83 1417.14 1257.67 1150.54 1000.15 994.11 976.64

GRAND TOTAL 1877.88 2102.07 2018.81 1914.27 1762.57 1897.64 1996.08

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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