Analysis of General Insurance Companies in India

Source-INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA

Gross Premium underwritten along with the Growth( % )

General Insurers
Specialized Health Insurers
Specialized PSU Insurers
 'Gross Direct Premium Underwritten Upto the Month OF December 2018 & 2017
for General Insurers
( Rs. in crores )
20,000 90.00

18,000 80.00

16,000 70.00
60.00
14,000
50.00
12,000
40.00
10,000
30.00
8,000
20.00
6,000
10.00
4,000 -
2,000 (10.00)
0 (20.00)

2018 2017 Growth

‘Growth Over The Corresponding Period of Previous Year ( % )’

 'Gross Direct Premium Underwritten Upto the Month OF December 2018 &
2017
for Specialized Health Insurers
( Rs. in crores )
4,000 90.00

3,500 80.00

70.00
3,000

60.00
2,500
50.00
2,000
40.00
1,500
30.00

1,000
20.00

500 10.00

0 -
Aditya Birla Cigna TTK Max Bupa Apollo Munich Religare Star Health
2018 2017 Growth

‘Growth Over The Corresponding Period of Previous Year ( % )’

 'Gross Direct Premium Underwritten Upto the Month OF December
2018 & 2017
for Specialized PSU Insurers
( Rs. in crores )
7,000 2.00

6,000 -

5,000 (2.00)

4,000 (4.00)

3,000 (6.00)

2,000 (8.00)

1,000 (10.00)

0 (12.00)
ECGC Limited Agricultural Ins.
2018 2017 Growth

‘Growth Over The Corresponding Period of Previous Year ( % )’

Market Share of Insurers Category Wise

Note:- Base for calculating %age of market share is taken as category wise sum
instead of whole Industry
Market Share of General Insurers upto the Month of December 2018
( in % )
Royal Sundaram, 2.232426
Universal Sompo , 1.84521
Cholamandalam MS ,
2.902979
Others, 6.998316
SBI General, 3.050353

Reliance , 4.465191
New India Assur., 16.58283
IFFCO Tokio , 4.725223

Tata AIG , 5.197275

United India , 10.44517 HDFC Ergo, 5.991064

Bajaj Allianz , 7.021919

ICICI Lombard , 10.07963

The Oriental , 8.738222

National Insurance , 9.72419

Note :- Those having less than 1.5% market share are clubbed into Others
Market Share of Specialized Health Insurers upto the Month of
December 2018
( in % )
Aditya Birla 4.314239
Cigna TTK 4.864149

Max Bupa 8.569686

Star Health 46.48273

Apollo Munich 17.60902

Religare 18.16017
Market Share of Specialized PSU Insurers upto the Month of
December 2018
( in % )

ECGC Limited, 13.56

Agricultural Insurance
Company of India Limited,
86.44
Thank You