Page 476 - 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 IRCTC Scheme Grand Total incl. IRCTC

(G) (H)= (G)+(F)
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 39 0 0% 20205 8581 42%
Bharti AXA 124 14 12% 1827 1466 80%
CHOLA MS 0 0 19677 4993 25%
DHFL 0 0 735 144 20%
Edelweiss 0 0 0 0
Future Generali 0 0 4825 1762 37%
GoDigit 0 0 10 0 3%
HDFC ERGO 0 0 38213 11919 31%
ICICI Lombard 328 -83 -25% 31635 10966 35%
IFFCO Tokio 0 0 11004 11303 103%
Kotak General 0 0 539 52 10%
Liberty 0 0 1526 781 51%
Magma HDI 0 0 177 78 44%
Raheja QBE 0 0 4 0 0%
Reliance 0 0 3272 1693 52%
Royal Sundaram 201 96 48% 4910 2117 43%
SBI General 0 0 48534 24207 50%
Shriram General 81 19 24% 317 191 60%
Tata AIG 0 0 11226 9955 89%
Universal Sompo 0 0 2693 3072 114%
Private Total 772 46 6% 201442 93389 46%

National 0 0 22729 36532 161%
New India 0 0 51406 67600 132%
Oriental 0 0 46036 49992 109%
United India 0 0 25941 20923 81%
Public Total 0 0 146112 175048 120%
Aditya Birla 0 0 3964 1246 31%
Apollo Munich 0 0 14916 2003 13%
Cigna TTK 0 0 1580 296 19%
Max Bupa 0 0 1719 697 41%
Reliance Health 0 0 0 0
Religare 0 0 10155 2056 20%
Star Health 0 0 8503 4497 53%
SAHI Total 0 0 40836 10795 26%
Grand Total 772 46 6% 388391 279232 72%

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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