{"id":648,"date":"2019-08-14T17:11:02","date_gmt":"2019-08-14T17:11:02","guid":{"rendered":"https:\/\/www.gicouncil.in\/yearbook\/?page_id=648"},"modified":"2019-08-29T13:02:44","modified_gmt":"2019-08-29T13:02:44","slug":"table-8-gross-incurred-claim-ratios-within-india-and-abroad","status":"publish","type":"page","link":"https:\/\/yearbook.websitestage.org\/?page_id=648","title":{"rendered":"Table 8: Gross incurred Claim Ratios (within India and abroad)"},"content":{"rendered":"

Table 8<\/span>Gross incurred Claim Ratios (within India and abroad)<\/h3>OVERALL<\/span>
Year <\/td> 2014-15 <\/td> 2015-16 <\/td> 2016-17 <\/td> 2017-18 <\/td> 2018-19 <\/td> 2019-20 <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> <\/tr>
Fire <\/td> 75.4% <\/td> 61.4% <\/td> 72.7% <\/td> 60.8% <\/td> 78.0% <\/td> 59.2%\n <\/td> 55.71% <\/td> 44.2% <\/td> 34.1% <\/td> 59.3% <\/td> <\/tr>
Engg. <\/td> 63.2% <\/td> 53.6% <\/td> 45.8% <\/td> 27.8% <\/td> 52.4% <\/td> 73.9%\n <\/td> 45.63% <\/td> 30.7% <\/td> 33.1% <\/td> 51.9% <\/td> <\/tr>
Marine Cargo <\/td> 80.3% <\/td> 90.4% <\/td> 75.3% <\/td> 57.1% <\/td> 79.7% <\/td> 63.7%\n <\/td> 96.57% <\/td> 83.4% <\/td> 68.8% <\/td> 67.5% <\/td> <\/tr>
Marine Hull <\/td> 57.5% <\/td> 58.6% <\/td> 105.4% <\/td> 40.6% <\/td> 69.5% <\/td> 50.2%\n\n <\/td> 101.76% <\/td> 113.6% <\/td> 47.6% <\/td> 57.5% <\/td> <\/tr>
Motor OD <\/td> 59.8% <\/td> 67.2% <\/td> 70.0% <\/td> 63.8% <\/td> 72.4% <\/td> 77.2% <\/td> 66.80% <\/td> 78.8% <\/td> 79.5% <\/td> 75.5% <\/td> <\/tr>
Motor TP <\/td> 96.8% <\/td> 86.6% <\/td> 94.0% <\/td> 96.4% <\/td> 87.2% <\/td> 81.6%\n <\/td> 75.04% <\/td> 80.9% <\/td> 78.1% <\/td> 77.9% <\/td> <\/tr>
Aviation <\/td> 53.5% <\/td> 123.1% <\/td> 89.1% <\/td> 90.2% <\/td> 154.3%\r\n <\/td> 80.2%\n <\/td> 169.85% <\/td> 70.4% <\/td> 19.2% <\/td> 41.4% <\/td> <\/tr>
Health <\/td> 89.3% <\/td> 89.9% <\/td> 95.4% <\/td> 83.3% <\/td> 79.8% <\/td> 81.9%\n <\/td> 80.55% <\/td> 97.5% <\/td> 80.5% <\/td> 78.1% <\/td> <\/tr>
Personal accident <\/td> 50.5% <\/td> 52.0% <\/td> 60.2% <\/td> 64.6% <\/td> 64.1% <\/td> 69.1%\n <\/td> 54.99% <\/td> 59.7% <\/td> 60.6% <\/td> 63.0% <\/td> <\/tr>
Liability <\/td> 23.6% <\/td> 29.8% <\/td> 26.3% <\/td> 41.5% <\/td> 47.3% <\/td> 38.7%\n <\/td> 51.19% <\/td> 32.9% <\/td> 43.9% <\/td> 35.6% <\/td> <\/tr>
Other Misc. <\/td> 97.6% <\/td> 85.9% <\/td> 91.6% <\/td> 90.8% <\/td> 87.7% <\/td> 90.6%\n <\/td> 76.44% <\/td> 74.3% <\/td> 72.1% <\/td> 71.6% <\/td> <\/tr>
TOTAL <\/td> 79.7% <\/td> 77.4% <\/td> 84.2% <\/td> 79.6% <\/td> 80.5% <\/td> 79.5%\n <\/td> 73.3% <\/td> 79.9% <\/td> 71.1% <\/td> 73.0% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\nGENERAL INSURERS<\/span>
Year <\/td> 2014-15 <\/td> 2015-16 <\/td> 2016-17 <\/td> 2017-18 <\/td> 2018-19 <\/td> 2019-20 <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> <\/tr>
Fire <\/td> 75.4% <\/td> 61.4% <\/td> 72.7% <\/td> 60.8% <\/td> 78.0% <\/td> 59.2%\n <\/td> 55.7% <\/td> 44.2% <\/td> 34.1% <\/td> 59.3% <\/td> <\/tr>
Engg. <\/td> 63.2% <\/td> 53.6% <\/td> 45.8% <\/td> 27.8% <\/td> 52.4% <\/td> 73.9%\n <\/td> 45.6% <\/td> 30.7% <\/td> 33.1% <\/td> 51.9% <\/td> <\/tr>
Marine Cargo <\/td> 80.3% <\/td> 90.4% <\/td> 75.3% <\/td> 57.1% <\/td> 79.7% <\/td> 63.7%\n <\/td> 96.6% <\/td> 83.4% <\/td> 68.8% <\/td> 67.5% <\/td> <\/tr>
Marine Hull <\/td> 57.5% <\/td> 58.6% <\/td> 105.4% <\/td> 40.6% <\/td> 69.5% <\/td> 50.2%\n <\/td> 101.8% <\/td> 113.6% <\/td> 47.6% <\/td> 57.5% <\/td> <\/tr>
Motor OD <\/td> 59.8% <\/td> 67.2% <\/td> 70.0% <\/td> 63.8% <\/td> 72.4% <\/td> 77.2%\n <\/td> 66.8% <\/td> 78.8% <\/td> 79.5% <\/td> 75.5% <\/td> <\/tr>
Motor TP <\/td> 96.8% <\/td> 86.6% <\/td> 94.0% <\/td> 96.4% <\/td> 87.2% <\/td> 81.6%\n <\/td> 75.0% <\/td> 80.9% <\/td> 78.1% <\/td> 77.9% <\/td> <\/tr>
Aviation <\/td> 53.5% <\/td> 123.1% <\/td> 89.1% <\/td> 90.2% <\/td> 154.3% <\/td> 80.2%\n <\/td> 169.8% <\/td> 70.4% <\/td> 19.2% <\/td> 41.4% <\/td> <\/tr>
Health <\/td> 95.6% <\/td> 96.8% <\/td> 104.8% <\/td> 91.2% <\/td> 87.5% <\/td> 90.3%\n <\/td> 88.8% <\/td> 107.5% <\/td> 90.5% <\/td> 87.4% <\/td> <\/tr>
Personal accident <\/td> 51.8% <\/td> 53.9% <\/td> 63.2% <\/td> 68.7% <\/td> 68.5% <\/td> 75.1%\n <\/td> 60.2% <\/td> 64.4% <\/td> 65.1% <\/td> 67.2% <\/td> <\/tr>
Liability <\/td> 23.6% <\/td> 29.8% <\/td> 26.3% <\/td> 41.5% <\/td> 47.3% <\/td> 38.7%\n <\/td> 51.2% <\/td> 32.9% <\/td> 43.9% <\/td> 35.6% <\/td> <\/tr>
Other Misc. <\/td> 79.2% <\/td> 88.1% <\/td> 77.1% <\/td> 84.0% <\/td> 85.5% <\/td> 92.0%\n <\/td> 67.5% <\/td> 75.2% <\/td> 63.5% <\/td> 71.5% <\/td> <\/tr>
TOTAL <\/td> 78.6% <\/td> 78.2% <\/td> 83.1% <\/td> 79.5% <\/td> 81.7% <\/td> 80.9%\n <\/td> 73.4% <\/td> 80.8% <\/td> 71.5% <\/td> 75.3% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\nSTANDALONE HEALTH INSURERS<\/span>
Year <\/td> 2014-15 <\/td> 2015-16 <\/td> 2016-17 <\/td> 2017-18 <\/td> 2018-19 <\/td> 2019-20 <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> <\/tr>
Health <\/td> 51.3% <\/td> 53.6% <\/td> 52.4% <\/td> 52.8% <\/td> 54.9% <\/td> 58.6%\n <\/td> 56.8% <\/td> 70.8% <\/td> 54.7% <\/td> 56.3% <\/td> <\/tr>
Personal accident <\/td> 19.6% <\/td> 23.8% <\/td> 20.8% <\/td> 21.4% <\/td> 25.9% <\/td> 24.8%\n <\/td> 17.3% <\/td> 22.7% <\/td> 24.6% <\/td> 22.8% <\/td> <\/tr>
Other Misc. <\/td> 20.1% <\/td> 59.1% <\/td> - <\/td> 34.2% <\/td> - <\/td> - <\/td> - <\/td> - <\/td> - <\/td> - <\/td> <\/tr>
TOTAL <\/td> 50.2% <\/td> 52.5% <\/td> 51.0% <\/td> 51.2% <\/td> 53.5% <\/td> 57.1%\n <\/td> 55.2% <\/td> 69.0% <\/td> 53.8% <\/td> 55.6% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

<\/p>\n\n\nSPECIALISED INSURERS<\/span>
Year <\/td> 2014-15 <\/td> 2015-16 <\/td> 2016-17 <\/td> 2017-18 <\/td> 2018-19 <\/td> 2019-20 <\/td> 2020-21 <\/td> 2021-22 <\/td> 2022-23 <\/td> 2023-24 <\/td> <\/tr>
Other Misc. <\/td> 125.0% <\/td> 83.4% <\/td> 124.1% <\/td> 107.7% <\/td> 94.5% <\/td> 86.9%\n <\/td> 93.1% <\/td> 82.8% <\/td> 85.2% <\/td> 72.1% <\/td> <\/tr> <\/tbody><\/table>\n\n\n\n

Source<\/em><\/strong>: IRDAI reports and Council Compilation<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: IRDAI reports and Council Compilation<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":28,"menu_order":8,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/648"}],"collection":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=648"}],"version-history":[{"count":2,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/648\/revisions"}],"predecessor-version":[{"id":1096,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/648\/revisions\/1096"}],"up":[{"embeddable":true,"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=\/wp\/v2\/pages\/28"}],"wp:attachment":[{"href":"https:\/\/yearbook.websitestage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}