Page 492 - Insurance Statistics 2021

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 35% 79% 63% 22% 99% 4% 37% 75% 23% 36% 32% 106% 54% -461% 41% 42% 34% 59% 85% 53% 36% 36% 25% 35% 41%

TOTAL (C)= (A)+(B) Claims Incurred (Net) 3678 1335 225 256 18 87 4617 255 964 65 25 7 7845 23 19400 151 392 315 579 1436 630 1504 101 2235 23071

Net 10551 1680 359 1182 18 1966 12585 339 4118 182 79 6 14522 -5 47583 359 1144 532 682 2717 1767 4155 406 6327 56627
Earned Premium

Incurred Claims Ratio 35% 212% 69% 22% 31% 13% 75% 24% 36% 32% 106% 38% -461% 34% 42% 34% 59% 85% 53% 44% 36% 25% 37% 35%

Individual Business (B) Claims Incurred (Net) 3656 847 220 256 383 738 255 821 65 25 7 4233 23 11527 151 391 315 579 1435 485 1493 101 2079 15041

TABLE 77: OVERSEAS TRAVEL INSURANCE : INCURRED CLAIMS RATIO (2017-18) Net Earned Premium 10366 399 320 1182 1253 5556 339 3425 182 79 6 11134 -5 34236 359 1140 532 682 2712 1096 4131 406 5634 42582

Incurred Claims Ratio 12% 38% 13% 99% -41% 55% 21% 107% 59% 11% 11% 22% 45% 22% 57%

Group Business (A) Claims Incurred (Net) 22 489 5 18 -295 3880 143 3612 7874 1 1 145 11 156 8030

Earned Premium
Net 185 1281 39 18 713 7029 693 3388 13346 5 5 670 24 694 14045

Name of the Insurance Company Acko Bajaj Allianz Bharti AXA CHOLA MS DHFL Edelweiss Future Generali GoDigit HDFC ERGO ICICI Lombard IFFCO Tokio Kotak General Liberty 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 Aditya Birla Apollo Munich Cigna TTK Max Bupa Religare Star Health SAHI Total Grand Tota

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