Document Detail

Title: MONTHLY BUSINESS FIGURES - NON LIFE
Reference No.: JANUARY, 2018
Date: 13/02/2018
GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF JANUARY, 2018, Feb 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 JANUARY, 2018

(Rs. in crores)

 

For The Month of JANUARY 2018

Upto JANUARY 2018

MARKET SHARE UPTO the Month Of  JANUARY, 2018

GROWTH OVER THE CORRESPONDING PERIOD OF PREVIOUS YEAR

INSURER

2017-18

2016-17

2017-18

2016-17

Acko General Insurance *

0.11

NA

0.16

NA

0.00

NA

Bajaj Allianz

1,354.18

714.83

8,046.46

6,102.47

6.51

31.86

Bharti AXA General 

165.25

115.74

1415.8

1094.16

1.15

29.40

Cholamandalam

321.28

279.85

3451.87

2498.73

2.79

38.14

DHFL General**

29.22

NA

71.80

NA

0.06

NA

Future Generali 

184.28

206.89

1592.74

1459.26

1.29

9.15

Go Digit General Insurance**

26.58

NA

29.24

NA

0.02

NA

HDFC ERGO General#

605.41

867.97

6,096.24

5,112.11

4.94

19.25

ICICI-lombard

1,137.00

1083.00

10,568.00

9,142.00

8.56

15.60

IFFCO-Tokio

459.76

445.28

4134.73

3925.61

3.35

5.33

Kotak Mahindra

19.61

9.60

145.78

61.06

0.12

138.75

Liberty

77.00

58.00

664.00

482.00

0.54

37.76

Magma HDI

70.25

55.84

415.45

344.56

0.34

20.57

National 

1731.24

1230.38

13464.00

11341.00

10.90

18.72

New India

1985.95

1604.16

18792.4

15636.71

15.22

20.18

Oriental

1080.9

1018.75

9477.06

8792.79

7.67

7.78

Raheja QBE 

7.04

5.03

60.26

45.67

0.05

31.95

Reliance General 

          347.99

                 249.13

       4,357.88

         3,418.59

3.53

27.48

Royal Sundaram

229.40

187.44

2159.39

1809.54

1.75

19.33

SBI General

          262.62

                 226.43

       2,777.44

         2,014.63

2.25

37.86

Shriram General 

181.73

183.02

1666.51

1514.26

1.35

10.05

Tata-AIG

475.00

332.00

4434.00

3508.00

3.59

26.40

United India

2257.58

1267.92

14244.61

12946.45

11.53

10.03

Universal Sompo 

          335.94

                 214.98

       1,630.66

         1,023.30

1.32

59.35

 Gen. Insurer~s Total

13345.32

10356.24

109696.48

92272.90

88.81

18.88

Aditya Birla Health 

17.16

8.80

189.27

42.33

0.15

347.13

Apollo MUNICH

296.22

238.84

1289.16

983.11

1.04

31.13

Cigna TTK

32.17

18.53

265.14

168.46

0.21

57.39

Max BUPA 

            71.95

                   51.77

          577.21

            452.28

0.47

27.62

Religare

104.29

77.57

837.04

549.93

0.68

52.21

Star Health & Allied Insurance

374.11

265.5

2917.16

2080.18

2.36

40.24

Stand-alone Pvt Health Insurers

895.90

661.01

6074.98

4276.29

4.92

42.06

AIC

385.18

1002.54

6755.69

6116.93

5.47

10.44

ECGC

105.58

115.47

984.41

986.27

0.80

-0.19

Specialized  Insurers

490.76

1118.01

7740.10

7103.20

6.27

8.97

GRAND TOTAL 

14731.98

12135.26

123511.56

103652.39

100.00

19.16

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          
 

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