Page 460 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 75: PERSONAL ACCIDENT INSURANCE
INCURRED CLAIMS RATIO (2014-15)
( Amount in r Lakh)

Insurers Government Sponsored Group Insurance Schemes
Schemes excl. Govt Sponsored Schemes
Net Claims Incurred Net Claims Incurred
Earned Incurred Claims Earned Incurred Claims
Premium (Net) Ratio Premium (Net) Ratio
Bajaj Allianz 2879 1415 49%
Bharti AXA 1867 1274 68%
CHOLA MS 4359 1877 43%
Future Generali 2510 1518 60%
HDFC ERGO 3714 1772 48%
ICICI Lombard 94 210 224% 7672 4284 56%
IFFCO Tokio 2461 1636 66%
Liberty Videocon 308 262 85% 1049 937 89%
L&T General 139 218 156%
Magma HDI 52 52 99%
Raheja QBE 33 40 121%
Reliance 2470 3039 123%
Royal Sundaram 2620 815 31%
SBI General 19894 16169 81%
Shriram General 119 93 78%
Tata AIG 1685 1654 98% 4365 3825 88%
Universal Sompo 450 324 72%
Private Total 2087 2126 102% 56655 39287 69%

National 11540 7896 68%
New India 1474 92 6% 10601 7905 75%
Oriental 8223 6185 75%
United India 124 57 46%
Public Total 1474 92 6% 30488 22044 72%

Apollo Munich 1894 97 5%
Cigna TTK
Max Bupa 96 70 73%
Religare 232 145 63%
Star Health 838 453 54%

Standalone Health
Insurers Total 0 0 0% 3060 765 25%

Grand Total 3561 2218 62% 90203 62096 69%

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