Page 421 - 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 (2015-16) (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 12887 7877 61.1% 17078 11584 67.8%
Bharti AXA 868 674 77.6%
CHOLA MS 2277 1907 83.7% 1063 26 2.4%
Future Generali 1129 1008 89.3% 829 807 97.4%
HDFC ERGO 9713 5305 54.6% 9955 2936 29.5%
ICICI Lombard 14629 9631 65.8% 18205 10392 57.1%
IFFCO Tokio 4488 3897 86.8% 2445 1936 79.2%
Kotak General
Liberty Videocon 49 24 48.1% 48 56 116.8%
L&T General 2083 987 47.4% 1892 885 46.8%
Magma HDI
Raheja QBE 1 1 57.4%
Reliance 4605 6367 138.3% 1499 374 24.9%
Royal Sundaram 4319 2690 62.3% 7844 4915 62.7%
SBI General 125 46 36.7% 219 91 41.6%
Shriram General
Tata AIG 3575 258 7.2% 2963 2216 74.8%
Universal Sompo 4814 2829 58.8% 14 4 26.7%
Private Total 64694 42826 66.2% 64923 36895 56.8%

National 25221 34183 135.5% 105573 86437 81.9%
New India 38196 19973 52.3% 115131 104277 90.6%
Oriental 55290 60977 110.3% 28283 35646 126.0%
United India 20238 20333 100.5% 53408 55280 103.5%
Public Total 138944 135466 97.5% 302395 281640 93.1%

Apollo Munich 25309 15570 61.5% 21050 12503 59.4%
Cigna TTK 2019 725 35.9% 1262 479 38.0%
Max Bupa 11565 7532 65.1% 24487 14588 59.6%
Religare 7135 2908 40.8% 5153 1594 30.9%
Star Health 102331 53466 52.2% 37964 19835 52.2%
Standalone Health
Insurers Total 148360 80200 54.1% 89916 48999 54.5%
Grand Total 351998 258492 73.4% 457234 367535 80.4%

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