Summary Reports of Motor Data of Public and Private Sector Insurers. - 2007-08 Report MR1 - Vehicle Class wise - Number of Policies, Total Premium, Total Number of Claims, Total Claims Paid and Total Incurred Claims Amount in Rs (Crores) Class Class Description Code 11 Private Car 14 Two wheeler 17 Goods Carrying Public (other than 3 wheelers) 18 Goods Carrying Private (other than 3 wheelers) 19 Goods Carrying Public (3 wheelers) 20 Goods Carrying Private (3 wheelers) 21 Passengers Carrying 4 wheeler 22 Passengers Carrying 3 wheeler 23 Special Type of Vehicle 24 Two Wheeler (hire or reward) 28 Standalone Trailor 99 Others Total
No of Policies 5918339 15945878 2150315 56894 336867 32136 976649 754418 890250 1306 7483 1620964 28691499
Total Premium 4657.68 1689.38 2854.25 56.51 121.55 8.26 899.94 355.36 496.43 0.37 0.55 772.12 11912.40
Amount in Rs (Crores) Total No of Claims 1001466 549705 418125 28997 25093 4822 254057 69133 45716 144 398 437554 2835210
Total Claims Paid
Total Incurred Claims
2042.45 518.57 1674.18 51.96 54.33 6.68 735.17 156.32 180.61 0.12 0.75 944.10 6365.23
2523.76 620.10 2226.28 29.12 82.10 5.27 907.72 193.17 280.77 0.20 0.20 717.49 7586.17
Summary Reports of Motor Data of Public and Private Sector Insurers. - 2007-08 Report MR2 - Vehicle Class wise - OD Premium, TP Premium, Total OD Claims Paid, Total TP Claims Paid, OD Incurred Claims and TP Incurred Claims Amount in Rs (Crores) Class Class Description Code 11 Private Car 14 Two wheeler 17 Goods Carrying Public (other than 3 wheelers) 18 Goods Carrying Private (other than 3 wheelers) 19 Goods Carrying Public (3 wheelers) 20 Goods Carrying Private (3 wheelers) 21 Passengers Carrying 4 wheeler 22 Passengers Carrying 3 wheeler 23 Special Type of Vehicle 24 Two Wheeler (hire or reward) 28 Standalone Trailor 99 Others Total
OD Premium 3357.74 840.72 1458.65 21.09 46.73 2.81 377.19 136.21 380.40 0.25 0.44 510.95 7133.18
TP Premium
Total OD Claims Paid Total TP Claims Paid
1299.94 848.66 1395.60 35.43 74.82 5.46 522.75 219.15 116.03 0.12 0.11 261.16 4779.22
1556.92 191.59 332.04 5.20 5.78 1.41 123.70 18.88 54.49 0.02 0.04 770.82 3060.89
OD Incurred Claims
485.54 326.97 1342.14 46.76 48.54 5.27 611.46 137.43 126.13 0.10 0.71 173.28 3304.34
TP Incurred Claims
1976.86 260.44 430.62 8.04 9.81 2.02 138.86 32.33 84.51 0.04 0.18 553.15 3496.86
546.89 359.65 1795.67 21.08 72.29 3.25 768.86 160.84 196.26 0.16 0.01 164.34 4089.31
Summary Reports of Motor Data of Public and Private Sector Insurers. - 2007-08 Report MR3 - Vehicle Class wise - OD Claims Paid Ratio ,OD Incurred Claims Ratio ,TP Claims Paid Ratio ,TP Incurred Claims Ratio ,Total Claims Paid Ratio and Total Incurred Claims Ratio Class Class Description Code 11 Private Car 14 Two wheeler 17 Goods Carrying Public (other than 3 wheelers) 18 Goods Carrying Private (other than 3 wheelers) 19 Goods Carrying Public (3 wheelers) 20 Goods Carrying Private (3 wheelers) 21 Passengers Carrying 4 wheeler 22 Passengers Carrying 3 wheeler 23 Special Type of Vehicle 24 Two Wheeler (hire or reward) 28 Standalone Trailor 99 Others Total Source IRDA Data Repository
OD Claims Paid Ratio OD Incurred Claims Ratio TP Claims Paid Ratio 46.37 22.79 22.76 24.68 12.37 50.19 32.80 13.86 14.32 8.21 9.60 150.86 42.91
58.87 30.98 29.52 38.15 20.99 72.02 36.81 23.73 22.21 14.66 41.59 108.26 49.02
37.35 38.53 96.17 131.98 64.88 96.64 116.97 62.71 108.70 87.64 658.20 66.35 69.14
TP Incurred Claims Ratio 42.07 42.38 128.67 59.49 96.61 59.60 147.08 73.39 169.15 138.96 10.69 62.93 85.56
Percentage Total Claims Paid Total Incurred Claims Ratio Ratio 43.85 54.18 30.70 36.71 58.66 78.00 91.94 51.53 44.69 67.54 80.87 63.82 81.69 100.86 43.99 54.36 36.38 56.56 33.91 54.89 136.37 35.55 122.27 92.93 53.43 63.68
Note : 1 The above table does not include 1 PSU (i.e. M/s. United India Insurance Co. Ltd.') and 1 Pvt Sector (i.e. Royal Sundaram Alliance Insurance') Insurer's figures, as the data is not validated or to be resubmitted by them. Note : 2 The figures are worked out on written premium basis. Note : 3 The following Class Codes having insignificant number of records are included in 'Others' (12 - Pvt. Car (only 3 wheelers with 750 - 1000 CC),13 - Pvt. Car (only 3 wheelers with less than 750 CC)15 Two wheeler (with side car), 16-Three Wheeler invalid carriage with side car-treated as two wheeler,25 -Motor Trade (Road Transit Risk only),26-Motor Trade (Road Risk only,27 - Motor Trade (Internal Risk only))) Note : 4 The above statements reflect the summary of data received by TAC from respective companies. The summarised statements have been duly verified and validated by the company concerned.
8.84 0.99 0 0 0 0 0.17 0 0.46 0 0 0 10.47
2514.92 619.10 2226.28 29.12 82.10 5.27 907.55 193.17 280.31 0.20 0.20 717.49 7575.70
8.84 0.99 0 0 0 0 0.17 0 0.46 0 0 0 10.47
538.05 358.66 1795.67 21.08 72.29 3.25 768.70 160.84 195.80 0.16 0.01 164.34 4078.84