Document Detail

Title: MONTHLY BUSINESS FIGURES - NON LIFE
Reference No.: 43160
Date: 11/04/2018
REVISED -GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF, Apr 2018

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA

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

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

(Rs. in crores)

 

For The Month of MARCH 2018

Upto MARCH 2018

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

GROWTH OVER THE CORRESPONDING PERIOD OF PREVIOUS YEAR (%)

INSURER

2017-18

2016-17

2017-18

2016-17

Acko General Insurance *

0.7

NA

0.97

NA

0.00

NA

Bajaj Allianz

846.30

973.80

9,445.22

7,633.28

6.27

23.74

Bharti AXA General

192.84

126.90

1,758.18

1,314.09

1.17

33.79

Cholamandalam

343.91

343.44

4,102.48

3,133.28

2.72

30.93

DHFL General**

35.50

NA

141.08

NA

0.09

NA

Edelweiss***

1.17

NA

1.30

NA

0.00

NA

Future Generali

172.13

250.17

1,906.28

1,815.50

1.26

5.00

Go Digit General Insurance**

48.31

NA

93.83

NA

0.06

NA

HDFC ERGO General#

652.22

579.62

7,289.97

6,188.62

4.84

17.80

ICICI-lombard

855.62

749.20

12,356.85

10,725.20

8.20

15.21

IFFCO-Tokio

1,006.09

956.69

5,634.00

5,563.69

3.74

1.26

Kotak Mahindra

22.68

12.22

185.39

82.05

0.12

125.95

Liberty

84.00

56.00

817.00

585.00

0.54

39.66

Magma HDI

66.34

43.99

526.69

419.49

0.35

25.55

National

1,866.92

1,746.02

16,471.94

14,237.54

10.93

15.69

New India

2,510.78

2,219.27

22,695.85

19,114.69

15.06

18.74

Oriental

1,238.68

1,179.99

11,452.01

10,803.45

7.60

6.00

Raheja QBE

14.16

8.54

83.52

58.93

0.06

41.73

Reliance General

423.70

294.62

5,069.08

3,935.35

3.36

28.81

Royal Sundaram

256.03

204.75

2,623.47

2,188.78

1.74

19.86

SBI General

485.78

347.15

3,544.20

2,604.50

2.35

36.08

Shriram General

245.15

399.64

2,100.79

2,102.42

1.39

-0.08

Tata-AIG

564.00

356.00

5,437.00

4,168.00

3.61

30.45

United India

1,962.03

2,032.50

17,300.37

16,062.81

11.48

7.70

Universal Sompo

509.12

122.33

2,310.86

1,287.23

1.53

79.52

Gen. Insurer~s Total

14,404.16

13,002.84

133,348.33

114,023.90

88.48

16.95

Aditya Birla Health

33.18

7.38

241.44

54.04

0.16

346.78

Apollo MUNICH

271.41

203.18

1,717.50

1,301.93

1.14

31.92

Cigna TTK

50.63

32.82

346.41

221.80

0.23

56.18

Max BUPA

110.13

89.22

754.47

593.93

0.50

27.03

Religare

143.18

102.44

1,091.61

726.07

0.72

50.35

Star Health & Allied Insurance

799.00

575.00

4,145.00

2,961.00

2.75

39.99

Stand-alone Pvt Health Insurers

1,407.53

1,010.04

8,296.43

5,858.77

5.50

41.61

AIC

654.35

169.17

7,823.07

7,064.13

5.19

10.74

ECGC

155.78

169.15

1,240.38

1,267.63

0.82

-2.15

Specialized Insurers

810.13

338.32

9,063.45

8,331.76

6.01

8.78

GRAND TOTAL

16,621.82

14,351.20

150,708.21

128,214.43

100.00

17.54

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 MARCH 2018

 

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