Page 781 - Insurance Statistics 2021

Indian Non-life Insurance Industry
Yearbook 2018-19

Ageing Analysis – Paid Claims

Undermentioned is paid claims segment wise analysis. Motor Overall, Health & Accident claims which are of
short-term duration constitute majority of paid claims for in 2016-17, 2017-18 and 2018-19.

Chart 4.12.1
Chart 4.5.2 Segment-wise Paid Claims - 2018-19
Property
Property
6.1%
6.1%
Marine & A viation
Marine & Aviation
2.6%
Other Miscellaneous
Other Miscellaneous 2.6%
26.3%
26.3%

Health & Person…
Health & Person…
33.4%
33.4%

Motor TP
Motor TP
14.7%
14.7%
Liability
Liability
0.4%
0.4%
Motor OD
Motor OD
16.5%
16.5%
Source: Form VI of Form I – X submitted by Companies to IRDAI
Chart 4.12.2
Chart 4.5.2 Outstanding Claims Comparison - 2018-19

Other Miscellaneous
Other Miscellaneous
Property
Property
16.0%
16.0%
19.0%
19.0%
Marine & Aviation
Marine &
A
viation
3.8%
3.8%
Health & Person…
Health & Person…
5.4%
5.4%
Liability
Liability
1.1%
1.1%
Motor OD
Motor OD
3.8%
3.8%
Motor TP
Motor TP
51.0%
51.0%
Source: Form VI of Form I – X submitted by Companies to IRDAI
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