Page 253 - 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 MOTOR INSURANCE
NET PREMIUM EARNED (? Crore)
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20
Acko - - - - (0.44) 14.41 74.44
Bajaj Alianz 2356.27 2650.03 2885.64 3179.31 3662.67 4216.25 4888.52
Bharti AXA 872.20 966.69 1007.36 1003.90 1010.07 1015.12 1250.73
Cholamandalam 1080.09 1165.88 1346.87 1837.37 2266.41 2412.06 2766.83
Navi General*** - - - - - 8.88 45.05
Edelweiss - - - - - 5.01 40.37
Future Generali 615.11 749.33 741.06 701.85 818.92 1013.73 1165.36
GoDigit - - - - 5.70 353.12 1149.57
HDFC ERGO (Earlier known as
L&T General Ins. Co. Ltd.)** 109.03 145.90 223.46 536.00 1516.87 2021.22 2421.90
HDFC ERGO* 754.12 808.60 790.25 722.19 NA --
ICICI Lombard 2294.95 2496.73 2959.02 3539.80 4142.19 5035.65 6119.80
IFFCO Tokio 1520.15 1747.10 2160.92 2300.56 2328.56 2618.04 2847.14
Kotak Mahindra 0.06 27.67 98.27 153.52 207.27
Liberty Videocon 35.80 145.70 212.95 318.52 441.84 597.49 844.75
Magma HDI 227.94 388.07 356.81 310.11 320.49 318.43 661.82
Raheja QBE 0.46 0.39 1.14 12.98 33.12 59.03 74.76
Reliance 1258.28 1330.26 1296.25 1450.48 1735.52 2118.58 2163.16
Royal Sundaram 1023.10 1030.45 1120.87 1436.18 1619.78 1731.48 1691.41
SBI General 364.21 482.92 600.54 675.42 738.09 929.64 845.43
Shriram 1413.06 1377.21 1462.04 1639.73 1815.32 2015.82 2225.11
TATA AIG 998.82 1047.57 1272.88 1529.50 2310.44 2790.21 3199.74
Universal Sompo 241.95 225.84 253.09 357.88 454.75 584.64 732.31
PRIVATE-TOTAL 15165.55 16758.66 18691.21 21579.44 25318.57 30012.31 35415.47

National 4218.61 4774.16 5170.57 5066.75 5008.23 4953.86 4468.47
New India 4587.05 5692.19 6500.00 7390.07 9074.26 9834.42 9830.31
Oriental 2351.79 2632.44 2959.44 3450.38 4000.26 4343.52 4258.34
United 3230.50 3682.24 4172.81 5106.80 5748.32 6067.93 6301.64
PUBLIC-TOTAL 14387.94 16781.03 18802.82 21014.00 23831.08 25199.73 24858.77

TOTAL 29553.49 33539.69 37494.03 42593.44 49149.65 55212.03 60274.24

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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