Page 472 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 75: PERSONAL ACCIDENT INSURANCE : INCURRED CLAIMS RATIO
(2017-18) (Contd.. 75)
( Amount in r Lakh)

Insurers IRCTC Scheme Grand Total

(G) (H)= (F)+(G)
Net Claims Incurred Net Claims Incurred
Earned Incurred Claims Earned Incurred Claims
Premium (Net) Ratio Premium (Net) Ratio
Acko
Bajaj Allianz 15643 6575 42%
Bharti AXA 1303 1314 101%
CHOLA MS 12674 5309 42%
DHFL 277 2 1%
Edelweiss
Future Generali 8337 5887 71%
GoDigit
HDFC ERGO 33665 12235 36%
ICICI Lombard 819 235 29% 24293 5825 24%
IFFCO Tokio 5144 4547 88%
Kotak General 214 48 22%
Liberty 1472 882 60%
Magma HDI 163 72 44%
Raheja QBE 9 3 36%
Reliance 3009 2721 90%
Royal Sundaram 403 88 22% 4819 1943 40%
SBI General 40750 26002 64%
Shriram General 20 3 17% 221 65 30%
Tata AIG 9768 6055 62%
Universal Sompo 4698 3999 85%
Private Total 1241 327 26% 166459 83484 50%

National 29788 30923 104%
New India 55680 45011 81%
Oriental 47808 70553 148%
United India 23274 28190 121%
Public Total 0 0 0% 156550 174677 112%

Aditya Birla 951 78 8%
Apollo Munich 10287 1075 10%
Cigna TTK 1575 201 13%
Max Bupa 551 289 53%
Religare 5794 995 17%
Star Health 7855 3844 49%
SAHI Total 0 0 0% 27012 6483 24%
Grand Total 1241 327 26% 350022 264644 76%

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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