Page 432 - Insurance Statistics 2021
P. 432
HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20
TABLE 73: HEALTH INSURANCE (EXCLUDING TRAVEL - DOMESTIC/OVERSEAS AND
PERSONAL ACCIDENT INSURANCE): INCURRED CLAIMS RATIO (2019-20) (Contd... 73)
(Amount in r Lakh)
Insurers Government Sponsored Group Insurance Schemes excluding
Schemes including RSBY Govt Sponsored Schemes & RSBY
Net Claims Incurred Net Claims Incurred
Earned Incurred Claims Earned Incurred Claims
Premium (Net) Ratio (Net) Premium (Net) Ratio (Net)
Acko 0 0 568 405 71%
Bajaj Allianz 4013 3292 82% 107580 102248 95%
Bharti AXA 0 0 17111 15695 92%
CHOLA MS 0 0 24103 9968 41%
Navi General* 0 0 3818 1340 35%
Edelweiss 0 0 1694 1794 106%
Future Generali 1 28 1957% 18081 12768 71%
GoDigit 0 0 510 531 104%
HDFC ERGO 5995 5620 94% 20906 20734 99%
ICICI Lombard 176 -367 -209% 118631 110643 93%
IFFCO Tokio 5217 6190 119% 80782 79988 99%
Kotak General 0 0 3356 1666 50%
Liberty 0 0 19030 16755 88%
L&T General
Magma HDI 0 0 2304 2107 91%
Raheja QBE 0 0 0 0
Reliance 61521 59654 97% 41468 37824 91%
Royal Sundaram 0 0 19471 11663 60%
SBI General 0 0 36642 27862 76%
Shriram General 0 0 0 0 0%
Tata AIG 0 -6 33949 26723 79%
Universal Sompo 0 0 5695 3788 67%
Private Total 5728 774 14% 555701 484501 87%
National 24521 24000 98% 149405 155211 104%
New India 24351 32562 134% 555118 605246 109%
Oriental 20262 22499 111% 271265 274414 101%
United India 67611 56931 84% 325587 346980 107%
Public Total 113642 109716 97% 1301375 1381852 106%
Aditya Birla 0 0 27185 17456 64%
HDFC ERGO Health** 502 342 68% 60257 59187 98%
Cigna TTK 0 0 21693 14607 67%
Max Bupa 147 -38 -26% 18996 6659 35%
Reliance Health# 0 0 10 1 12%
Religare 13534 11127 82% 51696 41528 80%
Star Health -10 -320 3282% 57424 64186 112%
SAHI Total 42 -469 -1124% 237262 203623 86%
Grand Total 119412 110021 92% 2094338 2069976 99%
#The Authority vide order ref. No. IRDA/F&A/ORD/SOLP/200/11/2019 dated 6th November 2019 issued directions to
the Reliance Health to stop selling new policies
* Erstwhile DHFL General Insurance Co. Ltd.
** Erstwhile Apollo Munich Health Insurance Ltd.
430
