Page 464 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 75: PERSONAL ACCIDENT INSURANCE : INCURRED CLAIMS RATIO
(2016-17) (Contd.. 75)
( Amount in r Lakh)

Insurers Pradhan Mantri Suraksha Pradhan Mantri Jan Dhan
Bima Yojana (PMSBY) Yojana (PMJDY)
(A) (B)
Net Claims Incurred Net Claims Incurred
Earned Incurred Claims Earned Incurred Claims
Premium (Net) Ratio Premium (Net) Ratio
Bajaj Allianz 88 335 379%
Bharti AXA
CHOLA MS 5 7 141%
Future Generali
HDFC ERGO
ICICI Lombard 161 33 21%
IFFCO Tokio
Kotak General
Liberty Videocon
L&T General
Magma HDI
Raheja QBE
Reliance 56 162 291%
Royal Sundaram
SBI General
Shriram General
Tata AIG 43 52 122%
Universal Sompo 463 835 180%
Private Total 816 1424 175% 0 0 0%

National 2831 7050 249%
New India 1724 4565 265% 1612 962 60%
Oriental 705 812 115%
United India 2229 4663 209%
Public Total 7489 17089 228% 1612 962 60%

Aditya Birla
Apollo Munich
Cigna TTK
Max Bupa
Religare
Star Health
Standalone Health
Insurers Total 0 0 0% 0 0 0%
Grand Total 8305 18513 215% 1612 962 60%

Note: It is to be noted that under IRCTC Scheme, PA cover is offered to railway passengers only for a specified journey under-
taken by the passenger and one person may undertake multiple journeys during the reported period. In respect of lives covered
in any of PA policy/scheme, one person may have been covered multiple times.

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