Page 459 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 75: PERSONAL ACCIDENT INSURANCE
INCURRED CLAIMS RATIO (2013-14) (Contd.. 75)
( Amount in r Lakh)

Insurers Family/Floater Insurance excl. Individual Insurance excluding TOTAL
Individual Policies Family /Floater Policies
Net Claims Incurred Net Claims Incurred Net Claims Incurred
Earned Incurred Claims Earned Incurred Claims Earned Incurred Claims
Premium (Net) Ratio Premium (Net) Ratio Premium (Net) Ratio

Bajaj Allianz 1620 574 35.4% 538 218 40.5% 2159 792 36.7%
Bharti AXA 125 101 80.7% 2541 1327 52.2%
CHOLA MS 108 32 29.5% 2943 1251 42.5%
Future Generali 25 3 11.1% 1094 940 85.9% 4435 3792 85.5%
HDFC ERGO 1597 400 25.0% 14957 3692 24.7% 20375 7466 36.6%
ICICI Lombard 2478 677 27.3% 9894 4582 46.3%
IFFCO Tokio 1501 898 59.8% 3996 2427 60.7%
Liberty Videocon 136 47 34.8%
L&T General 2 9 411.3% 7 6 86.5% 217 254 116.7%
Magma HDI
Raheja QBE 0.21 0.00 0.0% 41 15 36.4%
Reliance 23 5 19.3% 81 21 25.4% 1841 1528 83.0%
Royal Sundaram 2532 926 36.6% 4189 1638 39.1%
SBI General 0.007 0.001 19.4% 11642 15744 135.2%
Shriram General
Tata AIG 587 48 8.1% 1518 970 63.9% 7517 3960 52.7%
Universal Sompo
Private Total 3980 1139 28.6% 24815 8381 33.8% 71925 44824 62.3%

National 1210 1033 85.4% 5505 6314 114.7%
New India 2474 1885 76.2% 10034 8802 87.7%
Oriental 4424 3170 71.7% 10557 8547 81.0%
United India 3801 1568 41.3% 15744 9918 63.0%
Public Total 0 0 0.0% 11909 7656 64.3% 41840 33581 80.3%

Apollo Munich 630 177 28.2% 1798 221 12.3%
Cigna TTK
Max Bupa 39 10 26.3%
Religare 109 60 54.6%
Star Health 589 258 43.9% 1328 583 43.9%

Standalone Health
Insurers Total 0 0 0.0% 1219 436 35.8% 3274 874 26.7%

Grand Total 3980 1139 28.6% 37942 16473 43.4% 117039 79279 67.7%

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