Page 767 - Insurance Statistics 2021
P. 767

Indian Non-life Insurance Industry
                                                                                                                                                                                                                      Yearbook 2018-19






                               Chart 4.7.4                                                                                                                     Chart 4.7.6 Channelwise GDPI - Marine & Aviation
                               Chart 4.5.2 Gross & Net Incurred Claims Ratio - Aviation

                  250%
                                       229.3%
                                                                                                                                                                            Others
                                                                                                                                                                            Others
                                                                                                                                                                            1.5%
                                                                                                                                                                            1.5%
                  200%                                                                    183.9%
                                                                                                                                                                                                       Individual Agents
                                                                                                                                                Micro Insurance
                                                                                                                                                             Agent
                                                                                   178.8%                                                       Micro Insurance Agent                                  Individual  Agents
                                                                     168.2%                                                                                                                            21.8%
                                                                                                                                                                                                       21.8%
                                                                                                                                                0.0%
                                                                                                                                                0.0%
                                                     153.0%          133.9%
                 Claim Ratio (%)  124.9%                     120.8%         125.1%  129.8%  154.3%                                        Direct Business- Ot…
                  150%
                                                                                                                                          Direct Business- Ot…
                                                                                                                                          32.1%
                                                                                                                                          32.1%
                                                                                                                                                                                                                       Agents…
                                                                                                                                                                                                               Corporate
                  100%
                                                                                                                                                                                                               0.4%
                                                                                                                                                                                                               0.4%
                                101.6%                                      116.9%                                                                                                                             Corporate Agents…
                        57.4%         83.8%          55.6%      74.4%
                                                                                                                                                                                                                Corporate Agent…
                                                 54.3%                                                                                                                                                          Corporate  Agent…
                  50%                                                                                                                                                                                           0.3%
                                                                                                                                                                                                                0.3%
                        53.0%                 52.7%
                   0%
                                                          Year
                                                                                                                                          Direct Business- Intern…
                                                                                                                                          Direct Business- Intern…
                                                                                                                                          5.4%
                                       Gross Incurred Claims Ratio  Net Incurred Claims Ratio                                             5.4%
                                                                                                                                                         Arrangement
                                                                                                                                                   Referral
                                                                   Source: Council Compilation as per source                                       Referral Arrangement                            Brokers
                                                                                                                                                                                                   Brokers
                                                                                                                                                   0.0%
                                                                   data submitted by companies                                                     0.0%                                            38.5%
                                                                                                                                                                                                   38.5%
                               Chart 4.7.5                                                                                                                                                      Source: Council Compilation as per source
                               Chart 4.5.2 Rural vs Urban Premium - Marine & Aviation
                                                                                                                                                                                                data submitted by companies
                                                                Rural Premium
                                                                Rural Premium
                                                                3.9%
                                                                3.9%



















                                       Urban Premium
                                       Urban Premium
                                       96.1%
                                       96.1%
                                                                   Source: Council Compilation as per source
                                                                   data submitted by companies


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