GDP figures of Non-life insurers upto the month of july are available. Market share wise, New India followed by United India is at the top. Two Pvt sector players have crossed the the NIC & OIC. Bajaj allianz & SBI general are giving great performance despite odds. Overall the the non-life insurance industry has recovered from the Kovid-19 impact to some extent.

 

‘GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH  OF JULY, 2020
(Rs. in crores)
S.No. INSURER For the Month of JULY Upto the Month of JULY MARKET SHARE UPTO the Month Of July, 2020 (%) GROWTH OVER THE CORRESPONDING PERIOD OF PREVIOUS YEAR (%)
2020-21 2019-20 2020-21 2019-20
1 The New India Assurance Company Limited  1,993.61  1,740.13    9,510.27  8,878.90    16.88     7.11
2 United India Insurance Company Limited  1,408.80  1,358.45    5,401.89  5,044.17      9.59     7.09
3 ICICI Lombard General Insurance Company Limited  1,089.07  1,033.53    4,391.29  4,520.40      7.79    (2.86)
4 Bajaj Allianz General Insurance Company Limited  2,003.83     939.42    4,270.36  3,762.37      7.58   13.50
5 National Insurance Company Limited  1,146.77  1,515.37    3,908.90  4,623.04      6.94  (15.45)
6 The Oriental Insurance Company Limited     935.15     864.92    3,757.54  4,271.18      6.67  (12.03)
7 Reliance General Insurance Company Limited     631.38     609.48    2,483.28  2,580.71      4.41    (3.78)
8 Tata AIG General Insurance Company Limited     679.57     660.66    2,478.54  2,815.71      4.40  (11.97)
9 IFFCO Tokio General Insurance Company Limited     650.45     640.36    2,384.92  2,530.98      4.23    (5.77)
10 HDFC Ergo General insurance Company Limited     644.00     578.30    2,182.58  2,354.77      3.87    (7.31)
11 SBI General Insurance Company Limited     683.11     396.18    1,888.28  1,673.49      3.35   12.83
12 Cholamandalam MS General Insurance Company Limited     357.00     368.42    1,215.84  1,469.73      2.16  (17.27)
13 Future Generali India Insurance Company Limited     228.65     238.92       901.13     822.97      1.60     9.50
14 Go Digit General Insurance Limited     236.80     155.15       840.95     615.55      1.49   36.62
15 Bharti AXA General Insurance Company Limited     301.93     276.78       810.85     855.10      1.44    (5.17)
16 Royal Sundaram General Insurance Company Limited     205.80     244.90       790.24     962.73      1.40  (17.92)
17 Shriram General Insurance Company Limited     175.99     202.74       633.23     747.77      1.12  (15.32)
18 Universal Sompo General Insurance Company Limited     151.16     141.73       569.78     500.69      1.01   13.80
19 Liberty General Insurance  Limited     117.50     118.78       437.05     489.81      0.78  (10.77)
20 Magma HDI General Insurance Company Limited     107.62     100.77       321.40     366.48      0.57  (12.30)
21 ManipalCigna Health Insurance Company Limited       63.71       41.55       206.78     167.52      0.37   23.44
22 Kotak Mahindra General Insurance Company Limited       49.32       32.71       146.75     114.76      0.26   27.88
23 Raheja QBE General Insurance Company Limited       17.21       12.58         52.80       37.45      0.09   41.00
24 Edelweiss General Insurance Company Limited       14.05         4.18         50.55       22.33      0.09 ######
25 NAVI General Insurance Limited         7.52       14.67         18.08       56.14      0.03  (67.80)

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