Page 415 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 73: HEALTH INSURANCE (EXCLUDING TRAVEL - DOMESTIC/OVERSEAS AND
PERSONAL ACCIDENT INSURANCE): INCURRED CLAIMS RATIO (2013-14) (Contd.. 73)
(Amount in r Lakh)

Insurers Family/Floater Insurance Individual Insurance excluding
excluding Individual Policies Family /Floater Policies

Net Claims Incurred Net Claims Incurred
Earned Incurred Claims Earned Incurred Claims
Premium (Net) Ratio (Net) Premium (Net) Ratio (Net)
Bajaj Allianz 21236 12506 58.9% 1238 730 59.0%
Bharti AXA 814 312 38.3%
CHOLA MS 2411 259 10.8% 787 1522 193.4%
Future Generali 628 550 87.5% 561 515 91.8%
HDFC ERGO 6098 2304 37.8% 7456 1665 22.3%
ICICI Lombard 10247 7872 76.8% 12335 8017 65.0%
IFFCO Tokio 1305 947 72.6% 1762 1354 76.8%
Liberty Videocon
L&T General 92 141 153.5% 633 142 22.4%
Magma HDI
Raheja QBE 2 0 0.0%
Reliance 4452 4875 109.5% 1660 2344 141.2%
Royal Sundaram 3470 1687 48.6% 9330 4510 48.3%
SBI General 142 17 11.9% 186 18 9.5%
Shriram General
Tata AIG 2028 307 15.1% 1648 547 33.2%
Universal Sompo 2206 2206 100.0% 291 109 37.5%
Private Total 55129 33982 61.6% 37889 21471 56.7%

National 13161 13683 104.0% 90992 88523 97.3%
New India 7938 5209 65.6% 118355 99576 84.1%
Oriental 39843 38604 96.9% 31042 40500 130.5%
United India 15181 15359 101.0% 46081 47800 103.0%
Public Total 76124 72854 95.7% 286470 276399 96.5%

Apollo Munich 21784 11623 53.4% 12278 7474 60.9%
Cigna TTK 23 0 0.0% 14 0 0.0%
Max Bupa 14362 6796 47.3% 3859 2235 57.9%
Religare 1717 654 38.1% 941 319 33.9%
Star Health 37108 25374 68.4% 18081 12363 68.4%
Standalone Health
Insurers Total 74994 44446 59.3% 35174 22392 63.7%
Grand Total 206247 151282 73.4% 359532 320262 89.1%

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