India: Combined ratio per non-life insurance company
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| State-owned companies | |||||
New India | 115.18% | 118.75% | 118.72% | 111.20% | 123.59% |
United | 118.52% | 119.89% | 134.00% | 120.73% | 136.89% |
National | 113.04% | 132.23% | 134.92% | 149.24% | 145.41% |
Oriental | 123.54% | 124.05% | 148.13% | 118.60% | 134.91% |
| Total | 116.75% | 123.28% | 130.96% | 122.83% | 132.84% |
| Private companies | |||||
ICICI Lombard | 104.14% | 106.92% | 104.50% | 100.19% | 98.52% |
Bajaj Allianz | 96.68% | 99.30% | 96.77% | 92.32% | 96.68% |
HDFC ERGO General Insurance | 113.03% | 110.17% | 105.65% | 97.11% | 98.74% |
Tata AIG | 101.86% | 112.39% | 104.31% | 102.72% | 107.61% |
| Total * | 108.25% | 110.74% | 107.54% | 102.13% | 103.06% |
| Specialized companies | |||||
AIC | - | 98.15% | 95.72% | 81.06% | 89.04% |
ECGC | - | 115.26% | 136.61% | 151.73% | 155.57% |
| Total | - | 103.23% | 108.81% | 103.70% | 112.15% |
| Stand-Alone Health Insurers (SAHI) | |||||
Star Health&Allied | - | 87.20% | 92.53% | 92.98% | 92.91% |
Apollo Munich | - | 103.50% | 96.59% | 99.28% | 99.82% |
| Total** | - | 104.18% | 101.23% | 100.98% | 101.58% |
| Grand total | 113.96% | 117.24% | 120.43% | 113.20% | 117.82% |
* Total of the 21 private non life companies
** Total of the 7 SAHI
Read also | Indian non-life insurance market
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