Page 773 - Insurance Statistics 2021
P. 773

Indian Non-life Insurance Industry
                                                                                                                                                                                                                      Yearbook 2018-19






                               Chart 4.9.2                                                                                                                     Chart 4.9.4 Channelwise GDPI - Crop
                               Chart 4.5.2 Gross & Net Incurred Claims Ratio - Crop

                                                                                                                                                                                        Individual
                                                                                                                                                                                        Individual Agents
                                                                                                                                                                                                 Agents
                 140%
                                                                                                                                                                                        0.1%
                                                                                                                                                                                        0.1%
                             116.3%                            116.9%        120.0%
                 120%                                   106.2%
                                                 101.4%                              105.4% 101.7%
                                                                                                                                                                                                                   Agents-Bank
                                                                                                                                                                                                          Corporate
                                                                      99.7%  119.8%                                                                                                                       Corporate Agents-Bank
                                                                                                                                                                                                          0.3%
                 100%                                          108.5%                                                                                                                                     0.3%
                                                         104.6%                    102.2%                                                               Others
                                                                                                                                                        Others
                                                  97.9%
                                          80.2%
                Claim Ratio (%)  80%  71.3%  92.2%  73.1%  77.3%       75.8%              90.5%                                                                                                                 Brokers
                                                                                                                                                        27.1%
                                                                                                                                                        27.1%
                                     74.5%
                                                                                                                                                                                                                Brokers
                                                                                                                                                                                                                2.2%
                                                                                                                                                                                                                2.2%
                       68.7%
                 60%
                 40%
                 20%
                  0%
                                                                                                                                      Micro Insurance …
                                                                                                                                      Micro Insurance …
                                                                                                                                      0.0%
                                                                                                                                      0.0%
                                                         Year
                                       Gross Incurred Claims Ratio  Net Incurred Claims Ratio
                                                                   Source: Council Compilation as per source
                                                                   data submitted by companies
                                                                                                                                                                                                            Direct Business- Other
                                                                                                                                                                                                            Direct Business- Other
                                                                                                                                                                                                            than internet
                                                                                                                                                                                                            than internet
                                                                                                                                                                                                            70.3%
                                                                                                                                                                                                            70.3%
                               Chart 4.9.3                                                                                                                                                      Source: Council Compilation as per source
                               Chart 4.5.2 Rural vs Urban Premium - Crop
                                                                                                                                                                                                data submitted by companies
                                                                                                                                                                  Chart 4.9.5 GDPI Breakup on Categories - Crop
                    Urban Premium
                    Urban Premium
                                                                                                                                          25,000
                    23.4%
                    23.4%
                                                                                                                                                                  19,705
                                                                                                                                          20,000
                                                                                                                                          15,000
                                                                                                                                        ₹ in Crores

                                                                                                                                          10,000
                                                                                                                                                                                                         8,124


                                                                                                                                           5,000

                                                                           Rural Premium
                                                                           Rural Premium
                                                                           76.6%
                                                                           76.6%
                                                                                                                                              -
                                                                                                                                                                  Kharif              GDPI                Rabi


                                                                    Source: Council Compilation as per source                                                                                   Source: Council Compilation as per source
                                                                    data submitted by companies                                                                                                 data submitted by companies



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