Page 418 - 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 (2014-15) (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 15058 10242 68.0% 12002 6391 53.2%
Bharti AXA 1138 321 28.2%
CHOLA MS 1826 1551 85.0% 1036 116 11.2%
Future Generali 890 777 87.3% 704 698 99.2%
HDFC ERGO 14255 4006 28.1% 2664 3539 132.8%
ICICI Lombard 12007 7670 63.9% 14693 8999 61.2%
IFFCO Tokio 2741 2031 74.1% 2184 1673 76.6%
Liberty Videocon 1 0 0.0% 0 1 245.8%
L&T General 1124 532 47.3% 1122 531 47.3%
Magma HDI 0.01 0 0.0%
Raheja QBE 2 0 0.0%
Reliance 2920 4997 118.8% 1390 2163 135.0%
Royal Sundaram 4330 2242 51.8% 8389 4729 56.4%
SBI General 67 17 25.0% 41 19 45.6%
Shriram General
Tata AIG 3682 589 16.0% 1972 637 32.3%
Universal Sompo 3396 2425 71.4% 291 59 20.2%
Private Total 63435 37399 59.0% 46491 29555 63.6%

National 15880 16417 103.4% 99446 102424 103.0%
New India 52325 46562 89.0% 93005 69928 75.2%
Oriental 52792 49193 93.2% 28797 35385 122.9%
United India 22865 22106 96.7% 52905 55018 104.0%
Public Total 143862 134279 93.3% 274154 262755 95.8%

Apollo Munich 27266 14901 54.7% 14902 9048 60.7%
Cigna TTK 323 200 61.9% 159 100 62.9%
Max Bupa 10947 5556 50.8% 15822 8030 50.8%
Religare 5041 1956 38.8% 3183 838 26.3%
Star Health 63257 42015 66.4% 26850 14955 55.7%
Standalone Health
Insurers Total 106834 64628 60.5% 60915 32971 54.1%
Grand Total 314131 236305 75.2% 381560 325280 85.3%

416