Page 480 - 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 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 0 932 755 81%
Bajaj Allianz 330 183 55% 24748 10397 42%
Bharti AXA 403 134 33% 2954 1670 57%
CHOLA MS 0 0 20884 5596 27%
Navi General* 0 0 582 184 32%
Edelweiss 0 0 2 2 100%
Future Generali 0 0 5982 1461 24%
GoDigit 0 0 543 333 61%
HDFC ERGO 0 0 41438 18208 44%
ICICI Lombard 0 -62 43213 10697 25%
IFFCO Tokio 0 0 7072 5227 74%
Kotak General 0 0 823 208 25%
Liberty 0 0 1968 897 46%
Magma HDI 0 0 340 129 38%
Raheja QBE 0 0 6 8 133%
Reliance 0 0 3707 2280 61%
Royal Sundaram 1.0 -10 -996% 4905 1932 39%
SBI General 0 0 67226 27303 41%
Shriram General 159 53 33% 508 387 76%
Tata AIG 0 0 13310 7947 60%
Universal Sompo 0 0 5913 4876 82%
Private Total 892 297 33% 247056 100559 41%

National 0 0 0% 16980 17213 101%
New India 0 0 35352 73288 207%
Oriental 0 0 36949 52289 142%
United India 0 0 31193 41996 135%
Public Total 0 0 120475 184786 153%
Aditya Birla 0 0 8855 1989 22%
HDFC ERGO Health** 0 0 11746 1535 13%
Cigna TTK 0 0 1071 147 14%
Max Bupa 0 0 3864 366 9%
Reliance Health # 0 0 0 0 0
Religare 0 0 13216 3497 26%
Star Health 0 0 8927 5043 56%
SAHI Total 0 0 47680 12577 26%
Grand Total 892 297 33% 415210 297922 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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