Document Detail

Title: MONTHLY BUSINESS FIGURES - NON LIFE
Reference No.: FEBRUARY, 2018
Date: 09/03/2018
GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF FEBRUARY, 2018

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA

FLASH FIGURES -- NON LIFE INSURERS ( Provisional & Unaudited)

GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF FEBRUARY, 2018

 

(Rs. in crores)

 

 

For The Month of FEBRUARY 2018

Upto FEBRUARY 2018

MARKET SHARE UPTO the Month Of FEBRUARY, 2018 (%)

GROWTH OVER THE CORRESPONDING PERIOD OF PREVIOUS YEAR (%)

INSURER

2017-18

2016-17

2017-18

2016-17

Acko General Insurance *

0.08

NA

0.22

NA

0.00

NA

Bajaj Allianz

552.45

557.01

8,598.92

6,659.48

6.41

29.12

Bharti AXA General

149.29

93.04

1,565.08

1,187.20

1.17

31.83

Cholamandalam

306.69

291.10

3,758.57

2,789.83

2.80

34.72

DHFL General**

33.75

NA

105.58

NA

0.08

NA

Edelweiss***

0.13

NA

0.13

NA

0.00

NA

Future Generali

141.51

106.07

1,734.25

1,565.32

1.29

10.79

Go Digit General Insurance**

16.26

NA

45.50

NA

0.03

NA

HDFC ERGO General#

541.50

496.89

6,637.75

5,609.00

4.95

18.34

ICICI-lombard

934.00

834.00

11,502.00

9,976.00

8.58

15.30

IFFCO-Tokio

493.18

681.37

4,627.64

4,606.98

3.45

0.45

Kotak Mahindra

16.92

8.77

162.71

69.83

0.12

133.01

Liberty

68.81

46.74

732.99

528.60

0.55

38.67

Magma HDI

44.90

30.94

460.35

375.50

0.34

22.60

National

1,140.51

1,163.37

14,605.01

12,492.52

10.89

16.91

New India

1,392.68

1,258.71

20,185.07

16,895.42

15.05

19.47

Oriental

736.27

892.68

10,213.33

9,685.46

7.62

5.45

Raheja QBE

9.46

4.70

69.31

50.37

0.05

37.60

Reliance General

287.50

222.15

4,645.38

3,640.73

3.46

27.59

Royal Sundaram

208.05

174.49

2,367.44

1,984.03

1.77

19.32

SBI General

280.98

242.71

3,058.42

2,257.34

2.28

35.49

Shriram General

189.13

188.52

1,855.64

1,702.78

1.38

8.98

Tata-AIG

438.00

304.00

4,872.00

3,812.00

3.63

27.81

United India

1,093.73

1,084.11

15,338.34

14,030.56

11.44

9.32

Universal Sompo

171.23

149.60

1,801.74

1,164.90

1.34

54.67

Gen. Insurer~s Total

9,247.01

8,830.97

1,18,943.37

1,01,083.85

88.71

17.67

Aditya Birla Health

18.99

4.33

208.26

46.66

0.16

346.34

Apollo MUNICH

156.51

115.65

1,446.09

1,098.75

1.08

31.61

Cigna TTK

30.64

20.53

295.78

188.98

0.22

56.51

Max BUPA

67.13

52.43

644.34

504.71

0.48

27.67

Religare

111.39

73.69

948.43

623.63

0.71

52.08

Star Health & Allied Insurance

429.10

306.50

3,346.26

2,386.68

2.50

40.21

Stand-alone Pvt Health Insurers

813.76

573.13

6,889.16

4,849.41

5.14

42.06

AIC

413.02

778.02

7,168.72

6,894.95

5.35

3.97

ECGC

100.18

112.20

1,084.59

1,098.48

0.81

-1.26

Specialized Insurers

513.20

890.22

8,253.31

7,993.43

6.16

3.25

GRAND TOTAL

10,573.97

10,294.32

1,34,085.84

1,13,926.69

100.00

17.69

Note: Compiled on the basis of data submitted by the Insurance companies

 

# 1.The Insurance Regulatory and Development Authority of India (IRDAI), vide letter dated August 14, 2017 has given final approval in respect of merger of HDFC Ergo General Insurance Co. Ltd. with HDFC General Insurance Ltd. ( formerly Known as L&T General Insurance Co.Ltd.). The merged entity is known as HDFC ERGO General Insurance Co.Ltd. 2.Figures for Previous Year pertain to HDFC ERGO and HDFC General Insurance Ltd. (Formerly known as L & T General Insurance Com. Ltd.)

* Commenced operations in DECEMBER 2017

 

** Commenced operations in NOVEMBER 2017

 

*** Commenced operations in FEBRUARY 2018

 

 

 

 

 

 

 

 

 

 

 

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