Page 494 - 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 17% 10% 66% 57% 35% 28% 45% 46% 47% 40% 46% 18% 24% 62% 57% 50% 63% 26% 34% 78% 46% 62% 11% 0% 36% 36% 38% 43% 48%

TOTAL (C)= (A)+(B) Claims Incurred (Net) 0 594 6431 101 0 0 445 228 1205 4941 141 0 0 0 0 2148 135 20 10 10464 11 26875 184 298 191 553 1226 0 1436 8 0 0 2114 151 3709 31810

Net 1 5717 9675 177 0 0 1266 816 2697 10857 301 0 0 0 0 5373 296 112 43 16935 19 54287 290 1125 557 713 2685 0 2304 72 70 0 5824 401 8671 65642
Earned Premium

Incurred Claims Ratio -3% 173% 69% 35% 34% 36% 39% 47% 44% 46% 18% 24% 39% 57% 38% 63% 26% 34% 78% 46% 81% 0% 28% 28% 38% 40% 39%

Individual Business (B) Claims Incurred (Net) 0 -146 2069 98 0 0 445 88 745 2261 141 0 0 0 0 1774 135 20 10 4636 11 12288 184 298 191 553 1226 0 1319 0 0 0 1392 151 2862 16377

TABLE 77: OVERSEAS TRAVEL INSURANCE : INCURRED CLAIMS RATIO (2019-20) Net Earned Premium 0 5067 1200 143 0 0 1266 257 2098 5790 301 0 0 0 0 4074 296 112 43 11761 19 32427 290 1125 557 713 2685 0 1634 0 70 0 4984 401 7090 42201

Incurred Claims Ratio 17% 114% 51% 8% 25% 77% 53% 29% 113% 67% 17% 11% 86% 86% 0% 54% 66%

Group Business (A) Claims Incurred (Net) 0 740 4361 3 0 0 0 140 460 2680 0 0 0 0 0 375 0 0 0 5828 0 14587 0 0 0 0 0 0 117 8 0 0 722 0 847 15434

Earned Premium
Net 1 650 8476 34 0 0 0 559 599 5067 0 0 0 0 0 1299 0 0 0 5175 0 21860 0 0 0 0 0 0 669 72 0 0 840 0 1582 23441

Name of the Insurance Company Acko Bajaj Allianz Bharti AXA CHOLA MS Navi General* 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 HDFC ERGO Health** Cigna TTK Max Bupa Reliance Health# Religare Star

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