Page 256 - 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 HEALTH INSURANCE
NET PREMIUM EARNED (? Crore)
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20
Acko - - - - 0.08 29.53 75.48
Bajaj Alianz 655.13 695.12 793.32 1015.03 1331.60 1865.88 1978.06
Bharti AXA 164.53 191.17 99.87 81.62 99.79 222.60 318.34
Cholamandalam 210.02 196.35 225.51 271.95 339.16 428.50 480.54
Navi General*** - - - - 16.87 46.96 44.02
Edelweiss - - - - 0.00 22.77 50.37
Future Generali 144.01 141.92 150.62 174.31 256.26 238.11 317.77
GoDigit - - - - 1.76 14.53 28.29
HDFC ERGO (Earlier known as
L&T General Ins. Co. Ltd.)** 44.04 35.02 49.40 222.53 805.11 1,053.17 1,122.68
HDFC ERGO* 406.06 581.45 638.09 517.36 NA --
ICICI Lombard 1148.32 1061.10 1074.60 1335.34 1349.32 1826.99 2262.19
IFFCO Tokio 197.41 300.20 415.31 513.26 499.08 838.65 1074.82
Kotak Mahindra NA NA NA 3.52 15.10 37.70 72.95
Liberty Videocon 0.41 37.47 66.77 73.40 101.25 151.04 241.22
Magma HDI 0.00 0.66 1.25 1.63 3.38 54.80 32.95
Raheja QBE 0.02 0.35 0.19 0.09 0.13 0.13 0.28
Reliance 376.63 449.27 549.48 333.31 671.16 893.79 1248.42
Royal Sundaram 206.03 225.77 215.65 226.22 251.76 306.50 348.44
SBI General 9.12 242.52 388.93 548.34 806.21 978.67 1290.63
Shriram 1.43 2.14 2.19 2.23 2.27 3.57 5.64
TATA AIG 179.06 355.91 374.06 343.94 418.28 665.72 809.81
Universal Sompo 64.81 99.55 137.31 98.07 133.06 133.40 203.67
PRIVATE-TOTAL 3807.03 4615.95 5182.55 5762.14 7101.62 9812.99 12006.55

National 2592.16 3329.65 3887.09 4021.04 4047.41 3621.74 3240.69
New India 2841.20 3687.85 4450.45 6129.59 6479.06 7448.10 8574.78
Oriental 1629.88 2004.10 2359.60 3109.63 3750.52 4187.33 4603.49
United 2075.02 2992.46 3751.21 4575.93 4638.13 4796.40 5331.52
PUBLIC - TOTAL 9138.27 12014.06 14448.35 17836.19 18915.13 20053.58 21750.48

Aditya Birla NA NA NA 13.48 151.98 348.23 585.41
HDFC ERGO Health# 543.40 655.88 774.90 1101.31 1264.34 1672.90 1908.34
CignaTTK 0.01 6.67 70.96 181.77 266.14 392.52 503.44
Max Bupa 237.66 315.24 393.11 544.28 575.85 659.48 841.07
Reliance Health 1.36 3.41
Religare 81.64 153.72 287.73 484.00 679.67 1091.20 1508.45
Star Health and Allied 675.40 1017.93 1513.87 1911.45 2739.60 3662.37 4684.09
Standalone Health Insurers Total 1538.11 2149.45 3040.57 4236.30 5677.59 7828.06 10034.20
GRAND TOTAL 14483.41 18779.46 22671.87 27834.63 31694.34 37694.63 43791.24

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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