Page 491 - 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 25.9% -5.0% 67.5% 40.2% 77.6% 53.2% 88.3% 0.0% 0.0% 0.0% 0.0% 0.0% 35.9% 16.8% 27.9% 79.9% 56.8% 156.0% 49.8% 101.8% 60.6% 53.5% 70.5% 68.5% 0.0% 41.6% 0.0% 0.0% 40.3% 36.6% 40.3% 50.2%
TOTAL Claims Incurred (Net) 2592 -9 274 458 4205 5105 384 0 0 0 0 0 1176 25 17 1.2 8616 15 22859 582 696 406 525 2209 0 464 0 0 1036 137 1638 26706
Net Earned Premium Ratio 10026 26% 182 -5% 405 65% 1141 40% 5420 5% 9605 31% 436 88% 0 0 0 0 0 3271 34% 150 17% 61 24% 1.5 83% 15166 44% 9 45875 35% 572 102% 1148 61% 759 54% 745 70% 3224 69% 0 1115 40% 0 0 2570 41% 375 4060 40% 53158 38%
Individual Insurance excluding Family /Floater Policies Incurred Claims Net Claims Incurred Earned (Net) Premium 2592 10026 -6 121 249 385 436 1104 45 909 1769 5748 384 436 882 2594 25 150 11 47 1.2 1.4 4932 11097 11321 32618 582 572 696 1148 406 759 525 745 2209 3224 375 945 1036 2551 1411 3496 14941 39338
TABLE 77: OVERSEAS TRAVEL INSURANCE : INCURRED CLAIMS RATIO (2016-17) Incurred Claims Ratio -5% -3 9% 0 3% 6 86% 40% 6 156% 15 41% 0% 0 37% 37% 39%
Family/Floater Insurance excluding Individual Policies Claims Net Incurred Earned (Net) Premium 62 2 173 159 185 15 9 182 446 0 137 375 137 375 320 821
Group Insurance Business Incurred Claims Net Claims Incurred Earned Ratio (Net) Premium 121% 25 21 62% 22 35 96% 4154 4338 87% 3336 3856 27% 135 492 91% 3684 4069 89% 11356 12811 0% 0 0 52% 89 171 3% 0 18 47% 90 189 88% 11445 12999
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 sector total National New India Oriental United India Public sector total Aditya Birla Apollo Munich Cigna TTK Max Bupa Religare Star Health Standalone Health Insurers Total
489
