United India with 10.45% growth upto aug-20, is having highest growth level in public sector non-life insurer space & SBI general with 19.42% is the star performer among private sector players.
Sr. No. | Insurer | upto aug-20 | upto Aug-19 | Growth % |
1 | Edelweiss General Insurance Company Limited | 81.82 | 44.31 | 84.65 |
2 | Raheja QBE General Insurance Company Limited | 70.20 | 46.51 | 50.95 |
3 | Go Digit General Insurance Limited | 1046.16 | 761.28 | 37.42 |
4 | Kotak Mahindra General Insurance Company Limited | 189.22 | 148.06 | 27.80 |
5 | SBI General Insurance Company Limited | 2607.03 | 2187.07 | 19.20 |
6 | Universal Sompo General Insurance Company Limited | 899.90 | 789.26 | 14.02 |
7 | Future Generali India Insurance Company Limited | 1248.81 | 1103.44 | 13.17 |
8 | United India Insurance Company Limited | 6633.15 | 6005.67 | 10.45 |
9 | Bajaj Allianz General Insurance Company Limited | 5471.04 | 5083.14 | 7.63 |
10 | The New India Assurance Company Limited | 11255.34 | 10714.90 | 5.04 |
11 | HDFC Ergo General insurance Company Limited | 3123.75 | 3113.76 | 0.32 |
12 | ICICI Lombard General Insurance Company Limited | 5402.94 | 5425.13 | -0.41 |
13 | IFFCO Tokio General Insurance Company Limited | 3407.81 | 3439.01 | -0.91 |
14 | Reliance General Insurance Company Limited | 3108.59 | 3170.97 | -1.97 |
15 | Bharti AXA General Insurance Company Limited | 1162.45 | 1200.36 | -3.16 |
16 | Magma HDI General Insurance Company Limited | 419.45 | 458.75 | -8.57 |
17 | Liberty General Insurance Limited | 544.76 | 596.32 | -8.65 |
18 | Tata AIG General Insurance Company Limited | 3085.73 | 3383.39 | -8.80 |
19 | Acko General Insurance Limited | 110.98 | 123.90 | -10.43 |
20 | The Oriental Insurance Company Limited | 4559.50 | 5223.31 | -12.71 |
21 | Cholamandalam MS General Insurance Company Limited | 1574.00 | 1823.89 | -13.70 |
22 | National Insurance Company Limited | 4821.53 | 5587.83 | -13.71 |
23 | Shriram General Insurance Company Limited | 813.35 | 948.09 | -14.21 |
24 | Royal Sundaram General Insurance Company Limited | 1001.44 | 1207.85 | -17.09 |
25 | DHFL General Insurance Limited | 30.26 | 71.74 | -57.82 |
New India has highest Mkt. share & Bajaj allianz has climbed to no. 3 in the Indian non-life insurance sector.
S.No. Insurer Aug-20 Aug-19 Upto aug-20 Upto aug-20 Mkt. share
S.No | Insurer | Aug-20 | Aug-19 | upto Aug-20 | upto Aug-19 | Share |
1 | The New India Assurance Company Limited | 1745.07 | 1836.00 | 11255.34 | 10714.90 | 15.22 |
2 | United India Insurance Company Limited | 1231.26 | 961.50 | 6633.15 | 6005.67 | 8.97 |
3 | Bajaj Allianz General Insurance Company Limited | 1200.68 | 1320.77 | 5471.04 | 5083.14 | 7.40 |
4 | ICICI Lombard General Insurance Company Limited | 1011.65 | 904.73 | 5402.94 | 5425.13 | 7.30 |
5 | National Insurance Company Limited | 912.63 | 964.79 | 4821.53 | 5587.83 | 6.52 |
6 | The Oriental Insurance Company Limited | 801.96 | 952.13 | 4559.50 | 5223.31 | 6.16 |
7 | IFFCO Tokio General Insurance Company Limited | 1022.88 | 908.03 | 3407.81 | 3439.01 | 4.61 |
8 | HDFC Ergo General insurance Company Limited | 941.17 | 758.98 | 3123.75 | 3113.76 | 4.22 |
9 | Reliance General Insurance Company Limited | 625.31 | 590.25 | 3108.59 | 3170.97 | 4.20 |
10 | Tata AIG General Insurance Company Limited | 607.19 | 567.68 | 3085.73 | 3383.39 | 4.17 |
11 | SBI General Insurance Company Limited | 718.75 | 513.58 | 2607.03 | 2187.07 | 3.52 |
12 | Cholamandalam MS General Insurance Company Limited | 357.00 | 354.16 | 1574.00 | 1823.89 | 2.13 |
13 | Future Generali India Insurance Company Limited | 347.69 | 280.47 | 1248.81 | 1103.44 | 1.69 |
14 | Bharti AXA General Insurance Company Limited | 351.59 | 345.26 | 1162.45 | 1200.36 | 1.57 |
15 | Go Digit General Insurance Limited | 205.21 | 145.73 | 1046.16 | 761.28 | 1.41 |
16 | Royal Sundaram General Insurance Company Limited | 211.21 | 245.12 | 1001.44 | 1207.85 | 1.35 |
17 | Universal Sompo General Insurance Company Limited | 330.12 | 288.57 | 899.90 | 789.26 | 1.22 |
18 | Shriram General Insurance Company Limited | 180.12 | 200.32 | 813.35 | 948.09 | 1.10 |
19 | Liberty General Insurance Limited | 107.72 | 106.51 | 544.76 | 596.32 | 0.74 |
20 | Magma HDI General Insurance Company Limited | 98.05 | 92.26 | 419.45 | 458.75 | 0.57 |
21 | Kotak Mahindra General Insurance Company Limited | 42.47 | 33.30 | 189.22 | 148.06 | 0.26 |
22 | Acko General Insurance Limited | 29.06 | 29.04 | 110.98 | 123.90 | 0.15 |
23 | Edelweiss General Insurance Company Limited | 31.27 | 21.98 | 81.82 | 44.31 | 0.11 |
24 | Raheja QBE General Insurance Company Limited | 17.40 | 9.06 | 70.20 | 46.51 | 0.09 |
25 | DHFL General Insurance Limited | 12.17 | 15.61 | 30.26 | 71.74 | 0.04 |
Over all the industry has come out of the negative space & expected to shift to positive lane in next few months.