Page 425 - 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 (2016-17) (Contd... 73)
(Amount in r Lakh)

Insurers Total

Net Claims Incurred
Earned Incurred Claims
Premium (Net) Ratio (Net)
Bajaj Allianz 78975 69820 88.4%
Bharti AXA 6809 5355 78.7%
CHOLA MS 18438 6803 36.9%
Future Generali 11436 10319 90.2%
HDFC ERGO 33213 20426 61.5%
ICICI Lombard 115491 113011 97.9%
IFFCO Tokio 46319 49268 106.4%
Kotak General 365 168 46.0%
Liberty Videocon 6009 4913 81.8%
L&T General 4844 2575 53.2%
Magma HDI 0 0 0.0%
Raheja QBE 2 0.0 0.0%
Reliance 26565 26105 98.3%
Royal Sundaram 18538 12522 67.6%
SBI General 25618 10899 42.5%
Shriram General 0.00 0.00 0.0%
Tata AIG 9854 6701 68.0%
Universal Sompo 8491 6542 77.0%
Private Total 410967 345428 84.1%

National 374673 477896 127.6%
New India 567728 595158 104.8%
Oriental 281226 343041 122.0%
United India 435144 613901 141.1%
Public Total 1658771 2029996 122.4%

Aditya Birla 1340 1477 110.3%
Apollo Munich 101182 59347 58.7%
Cigna TTK 16871 8487 50.3%
Max Bupa 54325 28202 51.9%
Religare 42142 22311 52.9%
Star Health 185377 113610 61.3%
Stand-alone Health
Insurers Total 401237 233435 58.2%
Grand Total 2470975 2608859 105.6%

423