Page 259 - 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 OTHER SEGMENTS
NET PREMIUM EARNED (? Crore)
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20
Acko - - - - - 4.87 14.77
Bajaj Alianz 257.12 268.13 293.95 482.35 796.31 636.08 954.17
Bharti AXA 36.92 26.48 29.81 25.16 80.09 116.18 178.75
Cholamandalam 80.18 56.19 56.09 78.30 121.24 98.27 73.74
Navi General*** - - - - - 0.25 2.90
Edelweiss - - - - 0.00 0.42 0.37
Future Generali 78.09 114.41 97.95 119.02 107.55 209.67 354.33
GoDigit - - - - 0.11 128.77 48.39
HDFC ERGO (Earlier known as
L&T General Ins. Co. Ltd.)** 13.98 12.39 11.48 185.61 526.55 576.16 620.85
HDFC ERGO* 319.66 143.95 132.12 306.26 NA --
ICICI Lombard 599.54 408.54 503.57 972.68 1,080.38 1,118.10 491.63
IFFCO Tokio 155.39 131.86 144.18 603.42 302.93 458.19 570.45
Kotak Mahindra NA NA NA 0.25 0.15 1.16 3.32
Liberty Videocon 3.03 4.15 8.72 15.26 22.64 36.84 42.62
Magma HDI 0.57 17.18 12.21 6.81 4.71 4.38 4.47
Raheja QBE 17.51 18.31 19.79 24.06 26.33 29.87 38.36
Reliance 44.44 68.68 70.80 224.17 366.73 410.26 493.07
Royal Sundaram 60.24 16.86 17.64 19.54 22.91 99.04 182.22
SBI General 141.77 38.84 48.76 66.66 148.44 314.40 677.85
Shriram 6.07 8.03 8.80 27.59 18.11 19.73 22.30
TATA AIG 249.53 163.65 167.64 268.34 284.47 735.47 386.46
Universal Sompo 56.08 65.79 77.72 141.33 544.84 467.23 311.50
PRIVATE-TOTAL 2120.13 1563.43 1701.23 3566.81 4,454.46 5,465.31 5,472.51

National 959.37 839.65 771.55 779.26 1376.63 983.43 1167.98
New India 1522.98 1436.88 1463.13 1914.41 1831.07 1894.86 2251.09
Oriental 1026.36 898.41 849.08 965.83 1056.69 1260.32 1194.29
United 1188.90 1030.59 1019.39 1231.28 1384.92 1249.46 1117.04
PUBLIC-TOTAL 4697.61 4205.54 4103.14 4890.78 5649.30 5388.07 5730.40

AIC 1647.86 1598.38 1862.23 2002.98 1779.52 1651.66 1846.31
ECGC 907.35 1019.27 978.94 871.57 839.24 854.42 831.16
SPECIALIZED INSURERS - TOTAL 2555.21 2617.65 2841.17 2874.55 2618.76 2506.08 2677.46

GRAND TOTAL 9372.95 8386.62 8645.54 11332.14 12722.52 13359.47 13880.37

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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