Page 746 - Insurance Statistics 2021
P. 746

Indian Non-life Insurance Industry
                                                                                               Yearbook 2018-19





 Gross Direct Premium income (in and outside India) written by non-life Insurance Industry increased from    1,53,438 crores  Chart 4.1.3  Segment-wise share of GDPI 2018-19
  in 2017-18 to   172,483 crores in 2018-19. Personal lines of business namely Motor and Health & Personal Accident
 insurance constituted close to two-thirds of the Non-Life Insurance premium. Crop insurance as an emerging segment
                                                                   Property
 comprises majority premium in Other Misc.                         Property
                                                                   8.7%
                                                                   8.7%
                    Other Miscellaneous
                    Other Miscellaneous
                                                                              Liability
                                                                              Liability
                    19.6%
 Chart 4.1.1        19.6%                                                     1.3%
                                                                              1.3%
                                                                                    Marine &  A viation
                                                                                    Marine & Aviation
 35%  29.7%                                                                         2.2%
                                                                                    2.2%
 26.6%
 30%  27.6%
 25%  21.5%    22.1%
 19.2%    18.1%    16.3%    20.3%    20.0%    20.4%    19.6%

 Share of GDPI (in %)  15%  9.7%    9.0%    8.7%                                        Health & Person…
 20%
                                                                                        Health & Person…
                                                                                        29.8%
                                                                                        29.8%
 10%


 5%  1.6%    1.2%    1.3%    2.6%    2.2%    2.2%
                        Motor Overall
                        Motor Overall
 0%                     38.4%
                        38.4%
 Property  Liability  Marine &  Health &  Motor OD  Motor TP  Other
 Personal
 Aviation  Miscellaneous
 Accident

 Line of Business                                                    Source: Form I of I to X and Council Compilation
 2016-17  2017-18  2018-19
 Source: Form I of I to X and Council Compilation
                                    Chart 4.1.4  Segment-wise share of Policies Issued 2018-19
 The number of policies issued increased from 17.62 Crores in 2017-18 to 19.05 Crores in 2018-19. Proportion of number
  of policies issued in Overall Motor has decreased from 68.9% in 2017-18 to 58.2% in 2018-19 and Other Miscellaneous   Property
                                                            Property
                    Other Miscellaneous
 classes has increased from 9% in 2017-18 to 11.3% in 2018-19.  Other Miscellaneous  3.9%
                                                            3.9%
                    11.3%
                    1 1.3%
                                                                             Liability
 Chart 4.1.2                                                                 Liability
                                                                             0.4%
                                                                             0.4%
 68.1%   68.9%
 80%
                                                                                   Marine & Aviation
 70%  58.2%                                                                        Marine &  A viation
                                                                                   0.9%
                                                                                   0.9%
 Share of GDPI (in %)   50%  19.3%   17.6%   25.3%                                     Health & Personal …
 60%
                                                                                       Health & Personal …
                                                                                       25.3%
                                                                                       25.3%
 40%
 30%
 20%
 10%  3.3%   3.5%   3.9%   0.4%   0.3%   0.4%   1.1%   0.7%   0.9%   7.1%   9.0%   11.3%
 0%
 Property  Liability  Marine &  Health &  Motor Overall  Other
 Aviation  Personal  Miscellaneous
 Accident
 Line of Business
 2016-17  2017-18  2018-19
                    Motor Overall                                    Source: Form I of I to X and Council Compilation
                    Motor Overall
 Source: Form I of I to X and Council Compilation
                    58.2%
                    58.2%
 86                                                                                                 87
   741   742   743   744   745   746   747   748   749   750   751