Page 434 - 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 (2019-20) (Contd... 73)
(Amount in r Lakh)

Insurers Total

Net Claims Incurred
Earned Incurred Claims
Premium (Net) Ratio (Net)
Acko 568 405 71%
Bajaj Allianz 172088 146763 85%
Bharti AXA 18380 16542 90%
CHOLA MS 27169 12589 46%
Navi General* 3820 1343 35%
Edelweiss 1885 1928 102%
Future Generali 24528 17962 73%
GoDigit 562 565 100%
HDFC ERGO 68132 58061 85%
ICICI Lombard 170188 142345 84%
IFFCO Tokio 100014 97440 97%
Kotak General 6471 2965 46%
Liberty 21208 17883 84%
L&T General
Magma HDI 2869 2230 78%
Raheja QBE 23 16 73%
Reliance 111841 105589 94%
Royal Sundaram 29642 20076 68%
SBI General 58251 33546 58%
Shriram General 14 0 0%
Tata AIG 49404 35516 72%
Universal Sompo 14435 10731 74%
Private Total 881494 724495 82%

National 306566 317047 103%
New India 796554 798469 100%
Oriental 420419 427249 102%
United India 501246 513235 102%
Public Total 2024785 2055999 102%

Aditya Birla 49686 26743 54%
HDFC ERGO Health** 176784 137651 78%
Cigna TTK 49201 30877 63%
Max Bupa 80173 44641 56%
Reliance Health# 389 212 54%
Religare 129884 81625 63%
Star Health 459080 303549 66%
SAHI Total 945197 625298 66%
Grand Total 3851475 3405792 88%

#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.

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