Page 462 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 75: PERSONAL ACCIDENT INSURANCE
INCURRED CLAIMS RATIO (2015-16)
( 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 3813 2381 62%
Bharti AXA 190 129 68%
CHOLA MS 0.26 0.12 46% 6101 2815 46%
Future Generali 2612 2047 78%
HDFC ERGO 2963 1673 56%
ICICI Lombard 15 338 2224% 9000 4032 45%
IFFCO Tokio 3243 1916 59%
Kotak General
Liberty Videocon 0 974 0% 1298 444 34%
L&T General 206 200 97%
Magma HDI 94 65 69%
Raheja QBE 18 20 115%
Reliance 3368 3352 100%
Royal Sundaram 2588 970 37%
SBI General 24894 15898 64%
Shriram General 139 88 63%
Tata AIG 720 1329 185% 5580 3457 62%
Universal Sompo 424 353 83% 360 190 53%
Private Total 1159 2994 258% 66468 39677 60%

National 15410 14214 92%
New India 2053 2525 123% 11804 10895 92%
Oriental 798 656 82% 9268 7083 76%
United India 14095 14575 103%
Public Total 2851 3180 112% 50577 46767 92%

Apollo Munich 3446 131 4%
Cigna TTK 1 0 0%
Max Bupa 24 9 39%
Religare 1273 417 33%
Star Health 1065 413 12%

Standalone Health
Insurers Total 0 0 0% 5808 970 17%

Grand Total 4010 6174 154% 122853 87414 71%

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