Page 493 - 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 29% 87% 113% 42% 47% 37% 48% 53% 39% 29% 20% 5% 62% -285% 53% 51% 66% 48% 314% 122% 60% 80% 21% 78% 36% 54%

TOTAL (C)= (A)+(B) Claims Incurred (Net) 0 2172 5127 277 0 0 549 174 851 5686 176 0 0 0 0 1905 54 15 2 10582 -15 27555 178 788 257 2119 3342 0 1451 25 0 0 1043 336 2854 33751

Net 0 7583 5907 246 0 0 1303 373 2302 11756 332 0 0 0 0 4928 183 78 38 17033 5 52068 350 1193 532 675 2750 0 2425 31 0 0 4933 432 7821 62639
Earned Premium

Incurred Claims Ratio 29% 54% 127% 42% 31% 47% 21% 53% 43% 29% 20% 5% 49% -285% 39% 51% 66% 48% 314% 122% 90% 17% 78% 38% 44%

Individual Business (B) Claims Incurred (Net) 0 2060 450 270 0 0 549 14 806 1159 176 0 0 0 0 1711 54 15 2 5827 -15 13080 178 788 257 2119 3342 0 1334 0 0 0 785 336 2454 18876

TABLE 77: OVERSEAS TRAVEL INSURANCE : INCURRED CLAIMS RATIO (2018-19) Net Earned Premium 0 7084 837 213 0 0 1303 47 1718 5576 332 0 0 0 0 3954 183 78 38 11916 5 33286 350 1185 532 675 2742 0 1481 0 0 0 4540 432 6452 42480

Incurred Claims Ratio 22% 92% 20% 49% 8% 73% 20% 93% 77% 0% 0% 12% 80% 66% 29% 74%

Group Business (A) Claims Incurred (Net) 0 112 4677 7 0 0 0 160 45 4527 0 0 0 0 0 193 0 0 0 4754 0 14475 0 0 0 0 0 0 117 25 0 0 258 0 400 14875

Earned Premium
Net 0 499 5070 33 0 0 0 326 584 6180 0 0 0 0 0 974 0 0 0 5117 0 18782 0 8 0 0 8 0 944 31 0 0 393 0 1369 20159

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 Reliance Health Religare Star Health SAHI T

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