Page 262 - 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 ALL SEGMENTS
NET PREMIUM EARNED (? Crore)
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20
Acko (0.35) 48.81 164.70
Bajaj Alianz 3493.06 3831.90 4223.64 4937.05 6058.57 7009.78 8206.10
Bharti AXA 1092.90 1203.84 1158.21 1138.79 1213.43 1398.98 1829.66
Cholamandalam 1431.36 1482.10 1690.80 2248.07 2823.84 3049.90 3437.00
Navi General*** 44.58 108.31 122.43
Edelweiss 0.00 28.81 92.55
Future Generali 888.92 1079.12 1081.44 1087.90 1280.18 1574.71 1981.58
GoDigit 7.47 499.98 1241.35
HDFC ERGO (Earlier known as
L&T General Ins. Co. Ltd.)** 178.03 206.14 297.83 989.10 2994.50 3810.01 4383.49
HDFC ERGO* 1584.93 1674.09 1708.54 1651.58 --
ICICI Lombard 4352.91 4235.33 4821.62 6163.60 6911.73 8375.35 9403.52
IFFCO Tokio 1953.10 2267.45 2804.95 3511.00 3236.31 4030.32 4625.32
Kotak Mahindra NA NA 0.06 32.86 115.87 197.35 290.89
Liberty Videocon 40.77 191.99 296.29 416.97 579.13 805.44 1,160.71
Magma HDI 228.19 406.17 373.22 327.09 334.58 384.95 708.30
Raheja QBE 18.47 19.52 21.49 37.46 60.19 89.57 114.30
Reliance 1739.76 1918.46 1999.40 2088.95 2855.66 3532.25 4078.61
Royal Sundaram 1315.72 1303.46 1390.02 1720.99 1940.44 2186.19 2280.12
SBI General 630.73 911.32 1206.89 1476.42 1841.87 2388.38 3030.69
Shriram 1425.63 1394.23 1481.07 1682.33 1854.89 2059.43 2270.04
TATA AIG 1672.78 1802.24 2067.16 2407.45 3326.97 4578.21 4852.80
Universal Sompo 411.94 456.23 530.56 662.45 1197.29 1249.06 1312.57
PRIVATE-TOTAL 22459.20 24383.61 27153.19 32580.06 38677.15 47405.80 55586.70

National 8682.67 9898.16 10791.38 10803.62 11266.55 10400.23 9682.71
New India 11196.87 13315.29 14959.83 17814.79 19724.60 21487.59 23528.84
Oriental 5953.97 6425.17 7023.90 8383.26 9628.01 10601.53 10924.44
United 7603.30 8816.23 10022.87 12032.31 12860.98 13104.51 13744.54
PUBLIC-TOTAL 33436.81 38454.84 42797.98 49033.98 53480.14 55593.85 57880.54
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
Aditya Birla 0.00 0.00 0.00 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 59989.33 67605.55 75832.90 88724.89 100453.65 113333.79 126178.91

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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