Page 478 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 75: PERSONAL ACCIDENT INSURANCE : INCURRED CLAIMS RATIO
(2019-20) (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 0 932 755 81%
Bajaj Allianz 0 0 12854 6229 48%
Bharti AXA 0 0 2513 1647 66%
CHOLA MS 0 0 20785 5679 27%
Navi General* 0 0 582 184 32%
Edelweiss 0 0 2 2 100%
Future Generali 0 0 2248 452 20%
GoDigit 0 0 543 333 61%
HDFC ERGO 0 0 28295 14696 52%
ICICI Lombard 0 119 30725 9680 32%
IFFCO Tokio 0 0 6093 4595 75%
Kotak General 0 0 823 208 25%
Liberty 0 11 1563 762 49%
Magma HDI 0 0 208 134 64%
Raheja QBE 0 0 6 8 133%
Reliance 0 0 3378 1666 49%
Royal Sundaram 0 0 4373 1791 41%
SBI General 0 0 52668 23761 45%
Shriram General 0 0 220 308 140%
Tata AIG 0 74 10569 6646 63%
Universal Sompo 0 0 5241 4051 77%
Private Total 0 204 184618 83587 45%

National 0 -4318 9398 8265 88%
New India 0 16567 25793 41321 160%
Oriental 0 36993 30647 10518 34%
United India 0 0 24226 29633 122%
Public Total 0 49242 90064 89737 100%
Aditya Birla 0 0 2566 872 34%
HDFC ERGO Health** 0 0 7054 383 5%
Cigna TTK 0 0 621 120 19%
Max Bupa 0 0 2761 402 15%
Reliance Health # 0 0 0 0
Religare 0 0 10553 2712 26%
Star Health 0 0 1708 906 53%
SAHI Total 0 0 25262 5393 21%
Grand Total 0 49446 299944 178717 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.

476