Page 474 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 75: PERSONAL ACCIDENT INSURANCE : INCURRED CLAIMS RATIO
(2018-19) (Contd.. 75)
( Amount in r Lakh)

Insurers Government Sponsored Schemes Group Insurance Schemes
excl PMSBY, PMJDY, IRCTC excluding (A), (B) & (C)
(C) (D)
Net Claims Incurred Net Claims Incurred
Earned Incurred Claims Earned Incurred Claims
Premium (Net) Ratio Premium (Net) Ratio
Acko 0 0 115 108 95%
Bajaj Allianz 0 0 10817 4985 46%
Bharti AXA 0 0 1568 1284 82%
CHOLA MS 0 0 19582 4870 25%
DHFL 0 0 735 144 20%
Edelweiss 0 0 0 0
Future Generali 0 0 1814 933 51%
GoDigit 0 0 10 0.28 3%
HDFC ERGO 0 0 23253 9172 39%
ICICI Lombard 0 44 19755 8045 41%
IFFCO Tokio 0 0 10053 10612 106%
Kotak General 0 0 539 52 10%
Liberty 0 0 1132 660 58%
Magma HDI 0 0 102 61 60%
Raheja QBE 0 0 4 0.0 0%
Reliance 0 0 2836 1453 51%
Royal Sundaram 0 0 4129 1851 45%
SBI General 0 0 45045 23299 52%
Shriram General 0 0 138 142 103%
Tata AIG 3 43 1522% 8178 8404 103%
Universal Sompo 0 0 1952 2233 114%
Private Total 3 87 3104% 151755 78309 52%

National 6000 14950 249% 11305 13544 120%
New India 19409 11556 60% 1251 4 0%
Oriental 30291 37753 125% 11153 6912 62%
United India 0 0 20150 12858 64%
Public Total 55700 64259 115% 43859 33318 76%
Aditya Birla 0 0 3087 309 10%
Apollo Munich 0 0 10842 414 4%
Cigna TTK 0 0 501 104 21%
Max Bupa 0 0 1248 596 48%
Reliance Health 0 0 0 0
Religare 0 0 8375 1749 21%
Star Health 0 0 1633 1539 94%
SAHI Total 0 0 25686 4711 18%
Grand Total 55703 64346 116% 221300 116338 53%

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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