Page 490 - Insurance Statistics 2021
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HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20
(Net Earned Premium and Net Incurred Claims in ? Lakh) (Net Incurred Claims Ratio in Percentage)
Incurred Claims Ratio 40% 17% 51% 52% 101% 36% 37% 39% 42% 89% 61% 15% 54.6% 54% 37% 69% 40% 48% 54% 46% 73% 52% 54.1%
TOTAL Claims Incurred (Net) 4237 15 235 588 5830 2771 146 1320 59 48 9126 5 24378 555 421 389 291 1656 479 569 202 1250 27284
Net Earned Premium Ratio 10502 89 456 1122 5788 7666 399 3418 140 54 14947 31 0.0% 44612 1020 1124 563 725 3432 890 1224 277 2391 50436
Individual Insurance excluding Family /Floater Policies Incurred Claims Net Claims Incurred Earned (Net) Premium 35.6% 2959 8321 18.5% 10 56 58.3% 233 400 54.1% 583 1079 55.1% 490 889 36.6% 2071 5662 36.6% 146 399 41.4% 1222 2950 42.1% 59 140 95.8% 49 51 42.3% 4267 10089 0 2 40.2% 12089 30038 54.4% 555 1020 69.2% 389 563 40.1% 291 725 53.5% 1235 2308 59.5% 440 739 46.5% 569 1224 72.8% 20
TABLE 77: OVERSEAS TRAVEL INSURANCE : INCURRED CLAIMS RATIO (2015-16) Incurred Claims Ratio 12.5% 4 2.8% 11.8% 12 22.1% 40 -14.2% 57.3% 15.9% 5 39.3% 37.3% 37.3% 0.7% 2 72.8% 2 38.2%
Family/Floater Insurance excluding Individual Policies Claims Net Incurred Earned (Net) Premium 32 0.05 2 98 181 -0.47 3 242 421 29 301 768 418 1121 418 1121 3 3 721 1891
Group Insurance Business Incurred Claims Net Claims Incurred Earned Ratio (Net) Premium 58.6% 1278 2181 2.4% 1 56 10.1% 4 42 111.0% 5328 4800 34.9% 700 2004 20.3% 58 287 -14.4% -0.07 0.46 104.1% 4617 4437 86.8% 11987 13807 90.6% 3 3 90.6% 3 3 26.0% 39 152 0.0% 0 0.24 25.9% 39 152 86.2% 12029 13962
INSURER Bajaj Allianz Bharti AXA CHOLA MS Future Generali HDFC ERGO ICICI Lombard IFFCO Tokio Kotak General Liberty Videocon L&T General Magma HDI Raheja QBE Reliance Royal Sundaram SBI General Shriram General Tata AIG Universal Sompo Private Total National New India Oriental United India Public Total Apollo Munich Cigna TTK Max Bupa Religare Star Health Standalone Health Insurers Total Grand Total
488
