India: Loss ratio per non-life insurance company
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| State-owned companies | |||||
New India | 84.02% | 87.84% | 91.26% | 85.66% | 95.39% |
United | 84.42% | 87.81% | 107.06% | 94.38% | 109.40% |
National | 77.54% | 95.28% | 97.25% | 114.24% | 109.94% |
Oriental | 81.89% | 83.71% | 112.11% | 85.39% | 106.10% |
Total | 82.09% | 89.03% | 100.02% | 93.73% | 103.46% |
| Private companies | |||||
ICICI Lombard | 81.30% | 81.47% | 80.38% | 76.89% | 75.32% |
Bajaj Allianz | 71.92% | 72.30% | 70.41% | 66.72% | 68.62% |
HDFC ERGO | 77.94% | 73.11% | 77.25% | 74.36% | 76.36% |
Tata AIG | 70.81% | 77.11% | 72.32% | 71.12% | 78.34% |
Total* | 79.69% | 80.18% | 79.10% | 75.46% | 76.20% |
| Specialized companies | |||||
AIC | 108.47% | 99.66% | 119.78% | 102.23% | 92.25% |
ECGC | 114.15% | 102.22% | 121.24% | 135.67% | 133.56% |
Total | 110.68% | 100.54% | 120.22% | 112.95% | 106.33% |
| Stand-Alone Health Insurers (SAHI) | |||||
Star Health&Allied | 63.96% | 53.81% | 60.51% | 61.76% | 62.74% |
Apollo Munich | 63.03% | 64.61% | 54.99% | 62.47% | 62.59% |
Total** | 62.19% | 58.20% | 56.47% | 59.58% | 60.68% |
| Grand total | 81.70% | 85.06% | 90.91% | 85.26% | 89.16% |
* Total of the 21 private non life companies
** Total of the 7 SAHI
Read also | Indian non-life insurance market
