• PDF: Contact us for delivery details

Personal Accident and Health Insurance in India, Key Trends and Opportunities to 2017

  • Publication Date:October 2013
  • Publisher:Timetric
  • Product Type: Report
  • Pages:243
  • ISBN:778031

Personal Accident and Health Insurance in India, Key Trends and Opportunities to 2017

Synopsis

The report provides industry analysis, information and insights into the Indian personal accident and health insurance segment, including:
• The Indian personal accident and health insurance segment's growth prospects by personal accident and health insurance categories
• The various distribution channels in the Indian personal accident and health insurance segment
• The competitive landscape in the personal accident and health insurance segment
• A description of the personal accident and health reinsurance segment in India
• Detailed analysis of the regulatory framework in India

Summary

In terms of gross written premium, the Indian personal accident and health insurance segment recorded the fastest growth in the country's insurance industry. The increasing middle-class population added to the growth of the health insurance category, while changing demographics, an increased focus on the work culture and urbanization have resulted in a high demand for better-quality healthcare. To further support growth in the Indian health insurance category, India's Insurance Regulatory and Development Authority (IRDA) is taking steps to make it easier for foreign health insurers to enter the health insurance category.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in India:
• It provides historical values for India's personal accident and health insurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period
• It offers a detailed analysis of the key sub-segments in India's personal accident and health insurance segment, along with forecasts until 2017
• It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
• It analyses the various distribution channels for personal accident and health insurance products in India
• Using Porter's industry-standard “Five Forces” analysis, it details the competitive landscape in India for the personal accident and health insurance business
• It provides a detailed analysis of the reinsurance segment in India and its growth prospects
• It profiles the top personal accident and health insurance companies in India and outlines the key regulations affecting them

Reasons To Buy

• Make strategic business decisions using historic and forecast data related to the Indian personal accident and health insurance segment and each of the categories within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Indian personal accident and health insurance segment
• Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
• Identify the growth opportunities and dynamics within key product categories
• Gain insights into key regulations governing the Indian personal accident and health insurance segment and its impact on companies and future trends

Key Highlights

• Despite the global economic crisis, the Indian personal accident and health insurance segment continued to record healthy growth during the review period.
• The increasing middle-class population added to the growth of the health insurance category, while changing demographics, an increased focus on the work culture and urbanization have resulted in a high demand for better-quality healthcare.
• The largest category in the personal accident and health insurance segment is health insurance, which generated 88.5% of the market's total written premiums in 2012.
• The personal accident and health insurance segment in India is highly concentrated, with the top ten companies collectively accounting for 90.6% of the segment's total written premiums in 2012.
• Over the forecast period, the segment is expected to record strong growth due to the nation's increasing population, a rise in domestic and international travel, plus a greater public awareness of health insurance benefits as key companies expand their product portfolios.
Table of Contents
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Regional Market Dynamics
3.1 Overview
3.1.1 Market trends
3.1.2 Market size
4 Personal Accident and Health Insurance Segment
4.1 Scale and Penetration
4.1.1 Total market gross written premium
4.1.2 Premium per capita
4.1.3 Personal accident and health insurance penetration (as a percentage of GDP)
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Incurred losses per capita
4.3.3 Incurred losses as a percentage of GDP
4.4 Distribution Channels
4.4.1 Direct marketing
4.4.2 Bancassurance
4.4.3 Agencies
5 Indian Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2008-2017
5.2 Key Industry Trends and Drivers
6 Personal Accident and Health Insurance Segment Outlook
6.1 Personal Accident and Health Insurance Growth Prospects by Category
6.1.1 Personal accident insurance
6.1.2 Travel insurance
6.1.3 Health insurance
7 Analysis by Distribution Channels
7.1 Direct Marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-commerce
7.5 Brokers
7.6 Other Channels
8 Porter's Five Forces Analysis - Indian Personal Accident and Health Insurance
8.1 Bargaining Power of Suppliers: Low to Medium
8.2 Bargaining Power of Buyers: Low to Medium
8.3 Barriers to entry: Medium
8.4 Intensity of rivalry: Medium
8.5 Threat of substitutes: Low to Medium
9 Reinsurance Growth Dynamics and Challenges
9.1 Reinsurance Segment Size, 2008-2017
9.2 Reinsurance Segment Size by Type of Insurance, 2008-2017
10 Governance, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Legislation Trends by Type of Insurance
10.2.1 Life insurance regulatory trends
10.2.2 Property insurance regulatory trends
10.2.3 Motor insurance regulatory trends
10.2.4 Marine, aviation and transit insurance regulatory trends
10.2.5 Personal accident and health insurance regulatory trends
10.3 Compulsory Insurance
10.3.1 Motor third-party liability insurance
10.3.2 Workmen's compensation insurance/employers' liability insurance
10.4 Supervision and Control
10.4.1 International Association of Insurance Supervisors
10.4.2 Insurance Regulatory and Development Authority
10.5 Non-Admitted Insurance Regulatory Trends
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market practices
10.5.4 Fines and penalties
10.6 Company Registration and Operations
10.6.1 Types of insurance organization
10.6.2 Establishing a local company
10.6.3 Foreign ownership
10.6.4 Types of license
10.6.5 Capital requirements
10.6.6 Solvency margins
10.6.7 Reserve requirements
10.6.8 Investment regulations
10.6.9 Statutory return requirements
10.6.10 Fee structure
10.7 Taxation
10.7.1 Insurance premium or policy taxation
10.7.2 Corporate tax
10.7.3 VAT
10.7.4 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to court
10.8.3 Alternative dispute resolution (ADR)
11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 Leading Companies in the Indian Personal Accident and Health Insurance Segment
11.3 Comparison of the Top Five Insurers
11.3.1 Gross written premium
11.3.2 Net earned premium
11.3.3 Gross claims
11.3.4 Paid claims
11.3.5 Loss ratio
11.4 New India Assurance Co. Ltd - Company Overview
11.4.1 New India Assurance Co. Ltd - key facts
11.4.2 New India Assurance Co. Ltd - key financials
11.5 United India Insurance Co. Ltd - Company Overview
11.5.1 United India Insurance Co. Ltd - key facts
11.5.2 United India Insurance Co. Ltd - key financials
11.6 National Insurance Co. Ltd - Company Overview
11.6.1 National Insurance Co. Ltd - key facts
11.6.2 National Insurance Co. Ltd - key financials
11.7 Oriental Insurance Company Ltd - Company Overview
11.7.1 Oriental Insurance Company Ltd - key facts
11.7.2 Oriental Insurance Company Ltd - key financials
11.8 ICICI Lombard General Insurance Co. Ltd - company overview
11.8.1 ICICI Lombard General Insurance Co. Ltd - key facts
11.8.2 ICICI Lombard General Insurance Co. Ltd - key financials
11.9 Star Health and Allied Insurance Co. Ltd - Company Overview
11.9.1 Star Health & Allied Insurance Co Ltd. - key facts
11.9.2 Star Health & Allied Insurance Co Ltd. - key financials
11.1 HDFC Ergo General Insurance Company Ltd - company overview
11.10.1 HDFC Ergo General Insurance Company Ltd - key facts
11.10.2 HDFC Ergo General Insurance Company Ltd - key financials
11.11 Bajaj Allianz General Insurance Co. Ltd - Company Overview
11.11.1 Bajaj Allianz General Insurance Co. Ltd - key facts
11.11.2 Bajaj Allianz General Insurance Co. Ltd - key financials
11.12 Apollo Munich Health Insurance Company Ltd - Company Overview
11.12.1 Apollo Munich Health Insurance Company Ltd - key facts
11.12.2 Apollo Munich Health Insurance Company Ltd - key financials
11.13 Royal Sundaram Alliance Insurance Company Ltd - Company Overview
11.13.1 Royal Sundaram Alliance Insurance Company Ltd - key facts
11.13.2 Royal Sundaram Alliance Insurance Company Ltd - key financials
12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend - Bombay Stock Exchange, India
12.2 Economic Performance
12.2.1 GDP at constant prices (US$)
12.2.2 GDP per capita at constant prices (US$)
12.2.3 GDP at current prices (US$)
12.2.4 GDP per capita at current prices (US$)
12.2.5 GDP by key segments
12.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
12.2.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
12.2.8 Manufacturing net output at current prices (US$)
12.2.9 Manufacturing net output at current prices as a percentage of GDP
12.2.10 Mining, manufacturing and utilities at current prices (US$)
12.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
12.2.12 Construction net output at current prices, (US$)
12.2.13 Construction net output at current prices as a percentage of GDP
12.2.14 Inflation rate
12.2.15 Exports as a percentage of GDP
12.2.16 Imports as a percentage of GDP
12.2.17 Exports growth
12.2.18 Imports growth
12.3 Infrastructure Quality and Availability
12.3.1 Commercial vehicles exports - total value
12.3.2 Commercial vehicles imports - total value
12.3.3 Automotive exports - total value
12.3.4 Automotive imports - total value
12.3.5 Total internet subscribers
12.4 Labor Force
12.4.1 Labor force
12.5 Demographics
12.5.1 Gross national disposable income (US$)
12.5.2 Total population
12.5.3 Urban and rural populations
12.5.4 Age distribution of the total population
13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric's Services
13.5 Disclaimer


List of Tables
Table 1: Insurance Industry Definitions
Table 2: Indian Insurance - Overall Written Premium by Segment (INR Billion), 2008-2012
Table 3: Indian Insurance - Overall Written Premium by Segment (US$ Billion), 2008-2012
Table 4: Indian Insurance - Overall Written Premium by Segment (INR Billion), 2012-2017
Table 5: Indian Insurance - Overall Written Premium by Segment (US$ Billion), 2012-2017
Table 6: Indian Insurance - Segmentation (% Share), 2008-2017
Table 7: Indian Personal Accident and Health Insurance - Written Premium by Category (INR Billion), 2008-2012
Table 8: Indian Personal Accident and Health Insurance - Written Premium by Category (US$ Billion), 2008-2012
Table 9: Indian Personal Accident and Health Insurance - Written Premium by Category (INR Billion), 2012-2017
Table 10: Indian Personal Accident and Health Insurance - Written Premium by Category (US$ Billion), 2012-2017
Table 11: Indian Personal Accident and Health Insurance - Earned Premium (INR Billion), 2008-2012
Table 12: Indian Personal Accident and Health Insurance - Earned Premium (INR Billion), 2012-2017
Table 13: Indian Personal Accident and Health Insurance - Paid Claims by Category (INR Billion), 2008-2012
Table 14: Indian Personal Accident and Health Insurance - Paid Claims by Category (US$ Billion), 2008-2012
Table 15: Indian Personal Accident and Health Insurance - Paid Claims by Category (INR Billion), 2012-2017
Table 16: Indian Personal Accident and Health Insurance - Paid Claims by Category (US$ Billion), 2012-2017
Table 17: Indian Personal Accident and Health Insurance - Incurred Loss by Category (INR Billion), 2008-2012
Table 18: Indian Personal Accident and Health Insurance - Incurred Loss by Category (US$ Billion), 2008-2012
Table 19: Indian Personal Accident and Health Insurance - Incurred Loss by Category (INR Billion), 2012-2017
Table 20: Indian Personal Accident and Health Insurance - Incurred Loss by Category (US$ Billion), 2012-2017
Table 21: Indian Personal Accident and Health Insurance - Loss Ratio (%), 2008-2012
Table 22: Indian Personal Accident and Health Insurance - Loss Ratio (%), 2012-2017
Table 23: Indian Personal Accident and Health Insurance - Commission and Expenses (INR Billion), 2008-2012
Table 24: Indian Personal Accident and Health Insurance - Commission and Expenses (INR Billion), 2012-2017
Table 25: Indian Personal Accident and Health Insurance - Combined Ratio (%), 2008-2012
Table 26: Indian Personal Accident and Health Insurance - Combined Ratio (%), 2012-2017
Table 27: Indian Personal Accident and Health Insurance - Frauds and Crimes (INR Billion), 2008-2012
Table 28: Indian Personal Accident and Health Insurance - Frauds and Crimes (INR Billion), 2012-2017
Table 29: Indian Personal Accident and Health Insurance - Total Assets (INR Billion), 2008-2012
Table 30: Indian Personal Accident and Health Insurance - Total Assets (INR Billion), 2012-2017
Table 31: Indian Personal Accident and Health Insurance - Total Investment Income (INR Billion), 2008-2012
Table 32: Indian Personal Accident and Health Insurance - Total Investment Income (INR Billion), 2012-2017
Table 33: Indian Personal Accident and Health Insurance - Retentions (INR Billion), 2008-2012
Table 34: Indian Personal Accident and Health Insurance - Retentions (INR Billion), 2012-2017
Table 35: Indian Personal Accident Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 36: Indian Personal Accident Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 37: Indian Personal Accident Insurance - Written Premium (INR Billion), 2008-2012
Table 38: Indian Personal Accident Insurance - Written Premium (INR Billion), 2012-2017
Table 39: Indian Personal Accident Insurance - Loss Ratio (%), 2008-2012
Table 40: Indian Personal Accident Insurance - Loss Ratio (%), 2012-2017
Table 41: Indian Travel Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 42: Indian Travel Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 43: Indian Travel Insurance - Written Premium (INR Billion), 2008-2012
Table 44: Indian Travel Insurance - Written Premium (INR Billion), 2012-2017
Table 45: Indian Travel Insurance - Loss Ratio (%), 2008-2012
Table 46: Indian Travel Insurance - Loss Ratio (%), 2012-2017
Table 47: Indian Health Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 48: Indian Health Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 49: Indian Health Insurance - Written Premium (INR Billion), 2008-2012
Table 50: Indian Health Insurance - Written Premium (INR Billion), 2012-2017
Table 51: Indian Health Insurance - Loss Ratio (%), 2008-2012
Table 52: Indian Health Insurance - Loss Ratio (%), 2012-2017
Table 53: Indian Personal Accident and Health Insurance - Direct Marketing Commission Paid (INR Billion), 2008-2012
Table 54: Indian Personal Accident and Health Insurance - Direct Marketing Commission Paid (INR Billion), 2012-2017
Table 55: Indian Personal Accident and Health Insurance - Written Premium Through Direct Marketing (INR Billion), 2008-2012
Table 56: Indian Personal Accident and Health Insurance - Written Premium Through Direct Marketing (INR Billion), 2012-2017
Table 57: Indian Personal Accident and Health Insurance - Policies Sold Through Direct Marketing (Thousand), 2008-2012
Table 58: Indian Personal Accident and Health Insurance - Policies Sold Through Direct Marketing (Thousand), 2012-2017
Table 59: Indian Personal Accident and Health Insurance - Number of Direct Marketing Distributors, 2008-2012
Table 60: Indian Personal Accident and Health Insurance - Number of Direct Marketing Distributors, 2012-2017
Table 61: Indian Personal Accident and Health Insurance - Bancassurance Commission Paid (INR Billion), 2008-2012
Table 62: Indian Personal Accident and Health Insurance - Bancassurance Commission Paid (INR Billion), 2012-2017
Table 63: Indian Personal Accident and Health Insurance - Written Premium Through Bancassurance (INR Billion), 2008-2012
Table 64: Indian Personal Accident and Health Insurance - Written Premium Through Bancassurance (INR Billion), 2012-2017
Table 65: Indian Personal Accident and Health Insurance - Policies Sold Through Bancassurance (Thousand), 2008-2012
Table 66: Indian Personal Accident and Health Insurance - Policies Sold Through Bancassurance (Thousand), 2012-2017
Table 67: Indian Personal Accident and Health Insurance - Number of Bancassurance Distributors, 2008-2012
Table 68: Indian Personal Accident and Health Insurance - Number of Bancassurance Distributors, 2012-2017
Table 69: Indian Personal Accident and Health Insurance - Commission Paid to Agencies (INR Billion), 2008-2012
Table 70: Indian Personal Accident and Health Insurance - Commission Paid to Agencies (INR Billion), 2012-2017
Table 71: Indian Personal Accident and Health Insurance - Written Premium Through Agencies (INR Billion), 2008-2012
Table 72: Indian Personal Accident and Health Insurance - Written Premium Through Agencies (INR Billion), 2012-2017
Table 73: Indian Personal Accident and Health Insurance - Policies Sold Through Agencies (Thousand), 2008-2012
Table 74: Indian Personal Accident and Health Insurance - Policies Sold Through Agencies (Thousand), 2012-2017
Table 75: Indian Personal Accident and Health Insurance - Number of Agencies, 2008-2012
Table 76: Indian Personal Accident and Health Insurance - Number of Agencies, 2012-2017
Table 77: Indian Personal Accident and Health Insurance - E-Commerce Commission Paid (INR Billion), 2008-2012
Table 78: Indian Personal Accident and Health Insurance - E-Commerce Commission Paid (INR Billion), 2012-2017
Table 79: Indian Personal Accident and Health Insurance - Written Premium Through E-Commerce (INR Billion), 2008-2012
Table 80: Indian Personal Accident and Health Insurance - Written Premium Through E-Commerce (INR Billion), 2012-2017
Table 81: Indian Personal Accident and Health Insurance - Policies Sold Through E-Commerce (Thousand), 2008-2012
Table 82: Indian Personal Accident and Health Insurance - Policies Sold Through E-Commerce (Thousand), 2012-2017
Table 83: Indian Personal Accident and Health Insurance - Number of E-Commerce Distributors, 2008-2012
Table 84: Indian Personal Accident and Health Insurance - Number of E-Commerce Distributors, 2012-2017
Table 85: Indian Personal Accident and Health Insurance - Commission Paid to Brokers (INR Billion), 2008-2012
Table 86: Indian Personal Accident and Health Insurance - Commission Paid to Brokers (INR Billion), 2012-2017
Table 87: Indian Personal Accident and Health Insurance - Written Premium Through Brokers (INR Billion), 2008-2012
Table 88: Indian Personal Accident and Health Insurance - Written Premium Through Brokers (INR Billion), 2012-2017
Table 89: Indian Personal Accident and Health Insurance - Policies Sold Through Brokers (Thousand), 2008-2012
Table 90: Indian Personal Accident and Health Insurance - Policies Sold Through Brokers (Thousand), 2012-2017
Table 91: Indian Personal Accident and Health Insurance - Number of Brokers, 2008-2012
Table 92: Indian Personal Accident and Health Insurance - Number of Brokers, 2012-2017
Table 93: Indian Personal Accident and Health Insurance - Commission Paid to Other Channels (INR Billion), 2008-2012
Table 94: Indian Personal Accident and Health Insurance - Commission Paid to Other Channels (INR Billion), 2012-2017
Table 95: Indian Personal Accident and Health Insurance - Written Premium Through Other Channels (INR Billion), 2008-2012
Table 96: Indian Personal Accident and Health Insurance - Written Premium Through Other Channels (INR Billion), 2012-2017
Table 97: Indian Personal Accident and Health Insurance - Policies Sold Through Other Channels (Thousand), 2008-2012
Table 98: Indian Personal Accident and Health Insurance - Policies Sold Through Other Channels (Thousand), 2012-2017
Table 99: Indian Personal Accident and Health Insurance - Number of Distributors in Other Channels, 2008-2012
Table 100: Indian Personal Accident and Health Insurance - Number of Distributors in Other Channels, 2012-2017
Table 101: Indian Reinsurance by Category (INR Billion), 2008-2012
Table 102: Indian Reinsurance by Category (US$ Billion), 2008-2012
Table 103: Indian Reinsurance by Category (INR Billion), 2012-2017
Table 104: Indian Reinsurance by Category (US$ Billion), 2012-2017
Table 105: Indian Premium Ceded to Reinsurance by Type of Insurance (INR Billion), 2008-2012
Table 106: Indian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2008-2012
Table 107: Indian Premium Ceded to Reinsurance by Type of Insurance (INR Billion), 2012-2017
Table 108: Indian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2012-2017
Table 109: Indian Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Table 110: Indian Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Table 111: India - Life Insurance Regulatory Framework
Table 112: India - Property Insurance Regulatory Framework
Table 113: India - Motor Insurance Regulatory Framework
Table 114: India - Premium Rates for Third-Party (TP) Liability Insurance
Table 115: India - Corporate Income Tax Rates for the Financial Year 2013 - 2014
Table 116: India - Other Corporate Tax Rates for the Financial Year 2012-2013
Table 117: India - Changes in Corporate Tax Rates on Implementation of DTC
Table 118: Shares of Key Insurers in the Indian Personal Accident and Health Insurance Segment (%), 2012
Table 119: New India Assurance Co. Ltd, Key Facts
Table 120: New India Assurance Co. Ltd, Key Financials (INR Million),2008-2012
Table 121: United India Insurance Co. Ltd, Key Facts
Table 122: United India Insurance Co. Ltd, Key Financials (INR Million),2008-2012
Table 123: National Insurance Co. Ltd, Key Facts
Table 124: National Insurance Co. Ltd, Key Financials (INR Million),2008-2012
Table 125: Oriental Insurance Company Ltd, Key Facts
Table 126: Oriental Insurance Company Ltd, Key Financials (INR Million),2008-2012
Table 127: ICICI Lombard General Insurance Co. Ltd, Key Facts
Table 128: ICICI Lombard General Insurance Co. Ltd, Key Financials (INR Million),2008-2012
Table 129: Star Health & Allied Insurance Co Ltd., Key Facts
Table 130: Star Health & Allied Insurance Co Ltd, Key Financials (INR Million),2008-2012
Table 131: HDFC Ergo General Insurance Company Ltd, Key Facts
Table 132: HDFC Ergo General Insurance Company Ltd, Key Financials (INR Million),2008-2012
Table 133: Bajaj Allianz General Insurance Co. Ltd, Key Facts
Table 134: Bajaj Allianz General Insurance Co. Ltd, Key Financials (INR Million),2008-2012
Table 135: Apollo Munich Health Insurance Company Ltd, Key Facts
Table 136: Bajaj Allianz General Insurance Co. Ltd, Key Financials (INR Million),2009-2012
Table 137: Royal Sundaram Alliance Insurance Company Ltd, Key Facts
Table 138: Royal Sundaram Alliance Insurance Company Ltd, Key Financials (INR Million),2008-2012


List of Figures
Figure 1: BRICS Region - A Snapshot of the Economies and Populations, 2011
Figure 2: BRICS Region - Growth Trends in the Insurance Industry
Figure 3: BRICS Region - GDP at Constant Prices (US$ Trillion) and Annual Per Capita Disposable Income (US$), 2007 and 2011
Figure 4: BRICS Region - Health Expenditure Per Capita (US$), 2007 and 2011
Figure 5: BRICS Insurance - Total Industry Values by Segment (US$ Billion), 2011
Figure 6: BRICS Personal Accident and Health Insurance - Growth Trends
Figure 7: BRICS Personal Accident and Health Insurance - Gross Written Premiums (US$ Billion), 2011
Figure 8: BRICS Personal Accident and Health Insurance - Premiums Per Capita (US$), 2011
Figure 9: BRICS Personal Accident and Health Insurance - Penetration (% of GDP), 2011 and 2016
Figure 10: BRICS Personal Accident and Health Insurance - Gross Written Premium Growth (%), 2007-2016
Figure 11: BRICS Personal Accident and Health Insurance - Gross Written Premium Capita Growth (%), 2007-2016
Figure 12: BRICS Personal Accident and Health Insurance - Loss Ratios (%), 2011 and 2016
Figure 13: BRICS Personal Accident and Health Insurance - Incurred Losses per Capita (US$), 2011 and 2016
Figure 14: BRICS Personal Accident and Health Insurance - Incurred Losses as a Percentage of GDP (%), 2011 and 2016
Figure 15: BRICS Direct Marketing - Share of Personal Accident and Health Insurance Gross Written Premium (%), 2007-2016
Figure 16: BRICS Bancassurance - Share of Personal Accident and Health Insurance Gross Written Premium (%), 2007-2016.
Figure 17: BRICS Agencies - Share of Personal Accident and Health insurance Gross Written Premium (%), 2007-2016
Figure 18: Indian Insurance - Overall Written Premium by Segment (INR Billion), 2008-2017
Figure 19: Indian Insurance - Dynamics by Segment, 2008-2017
Figure 20: Indian Personal Accident and Health Insurance - Written Premium by Category (INR Billion), 2008-2017
Figure 21: Indian Personal Accident and Health Insurance - Written Premium by Category (Percentage Share), 2012 and 2017
Figure 22: Indian Personal Accident and Health Insurance - Dynamics by Category, 2008-2017
Figure 23: Indian Personal Accident and Health Insurance - Earned Premium (INR Billion), 2008-2012
Figure 24: Indian Personal Accident and Health Insurance - Earned Premium (INR Billion), 2012-2017
Figure 25: Indian Personal Accident and Health Insurance - Paid Claims by Category (INR Billion), 2008-2017
Figure 26: Indian Personal Accident and Health Insurance - Incurred Loss by Category (INR Billion), 2008-2017
Figure 27: Indian Personal Accident and Health Insurance - Loss Ratio (%), 2008-2012
Figure 28: Indian Personal Accident and Health Insurance - Loss Ratio (%), 2012-2017
Figure 29: Indian Personal Accident and Health Insurance - Commission and Expenses (INR Billion), 2008-2012
Figure 30: Indian Personal Accident and Health Insurance - Commission and Expenses (INR Billion), 2012-2017
Figure 31: Indian Personal Accident and Health Insurance - Combined Ratio (%), 2008-2012
Figure 32: Indian Personal Accident and Health Insurance - Combined Ratio (%), 2012-2017
Figure 33: Indian Personal Accident and Health Insurance - Frauds and Crimes (INR Billion), 2008-2012
Figure 34: Indian Personal Accident and Health Insurance - Frauds and Crimes (INR Billion), 2012-2017
Figure 35: Indian Personal Accident and Health Insurance - Total Assets (INR Billion), 2008-2012
Figure 36: Indian Personal Accident and Health Insurance - Total Assets (INR Billion), 2012-2017
Figure 37: Indian Personal Accident and Health Insurance - Total Investment Income (INR Billion), 2008-2012
Figure 38: Indian Personal Accident and Health Insurance - Total Investment Income (INR Billion), 2012-2017
Figure 39: Indian Personal Accident and Health Insurance - Retentions (INR Billion), 2008-2012
Figure 40: Indian Personal Accident and Health Insurance - Retentions (INR Billion), 2012-2017
Figure 41: Indian Personal Accident and Health Insurance - Investment Portfolio (INR Billion), 2008-2012
Figure 42: Indian Personal Accident and Health Insurance - Investment Portfolio (% Share), 2008 and 2012
Figure 43: Indian Personal Accident and Health Insurance - Penetration (%), 2008-2012
Figure 44: Indian Personal Accident and Health Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 45: Indian Personal Accident and Health Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 46: Indian Personal Accident and Health Insurance - Premium Per Capita (INR), 2008-2012
Figure 47: Indian Personal Accident Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 48: Indian Personal Accident Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 49: Indian Personal Accident Insurance - Written Premium (INR Billion), 2008-2012
Figure 50: Indian Personal Accident Insurance - Written Premium (INR Billion), 2012-2017
Figure 51: Indian Personal Accident Insurance - Loss Ratio (%), 2008-2012
Figure 52: Indian Personal Accident Insurance - Loss Ratio (%), 2012-2017
Figure 53: Indian Travel Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 54: Indian Travel Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 55: Indian Travel Insurance - Written Premium (INR Billion), 2008-2012
Figure 56: Indian Travel Insurance - Written Premium (INR Billion), 2012-2017
Figure 57: Indian Travel Insurance - Loss Ratio (%), 2008-2012
Figure 58: Indian Travel Insurance - Loss Ratio (%), 2012-2017
Figure 59: Indian Health Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 60: Indian Health Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 61: Indian Health Insurance - Written Premium (INR Billion), 2008-2012
Figure 62: Indian Health Insurance - Written Premium (INR Billion), 2012-2017
Figure 63: Indian Health Insurance - Loss Ratio (%), 2008-2012
Figure 64: Indian Health Insurance - Loss Ratio (%), 2012-2017
Figure 65: India Personal Accident and Health Insurance - Written Premium by Distribution Channel (Percentage Share), 2012 and 2017
Figure 66: Indian Personal Accident and Health Insurance - Direct Marketing Commission Paid (INR Billion), 2008-2012
Figure 67: Indian Personal Accident and Health Insurance - Direct Marketing Commission Paid (INR Billion), 2012-2017
Figure 68: Indian Personal Accident and Health Insurance - Written Premium Through Direct Marketing (INR Billion), 2008-2012
Figure 69: Indian Personal Accident and Health Insurance - Written Premium Through Direct Marketing (INR Billion), 2012-2017
Figure 70: Indian Personal Accident and Health Insurance - Policies Sold Through Direct Marketing (Thousand), 2008-2012
Figure 71: Indian Personal Accident and Health Insurance - Policies Sold Through Direct Marketing (Thousand), 2012-2017
Figure 72: Indian Personal Accident and Health Insurance - Number of Direct Marketing Distributors, 2008-2012
Figure 73: Indian Personal Accident and Health Insurance - Number of Direct Marketing Distributors, 2012-2017
Figure 74: Indian Personal Accident and Health Insurance - Bancassurance Commission Paid (INR Billion), 2008-2012
Figure 75: Indian Personal Accident and Health Insurance - Bancassurance Commission Paid (INR Billion), 2012-2017
Figure 76: Indian Personal Accident and Health Insurance - Written Premium Through Bancassurance (INR Billion), 2008-2012
Figure 77: Indian Personal Accident and Health Insurance - Written Premium Through Bancassurance (INR Billion), 2012-2017
Figure 78: Indian Personal Accident and Health Insurance - Policies Sold Through Bancassurance (Thousand), 2008-2012
Figure 79: Indian Personal Accident and Health Insurance - Policies Sold Through Bancassurance (Thousand), 2012-2017
Figure 80: Indian Personal Accident and Health Insurance - Number of Bancassurance Distributors, 2008-2012
Figure 81: Indian Personal Accident and Health Insurance - Number of Bancassurance Distributors, 2012-2017
Figure 82: Indian Personal Accident and Health Insurance - Commission Paid to Agencies (INR Billion), 2008-2012
Figure 83: Indian Personal Accident and Health Insurance - Commission Paid to Agencies (INR Billion), 2012-2017
Figure 84: Indian Personal Accident and Health Insurance - Written Premium Through Agencies (INR Billion), 2008-2012
Figure 85: Indian Personal Accident and Health Insurance - Written Premium Through Agencies (INR Billion), 2012-2017
Figure 86: Indian Personal Accident and Health Insurance - Policies Sold Through Agencies (Thousand), 2008-2012
Figure 87: Indian Personal Accident and Health Insurance - Policies Sold Through Agencies (Thousand), 2012-2017
Figure 88: Indian Personal Accident and Health Insurance - Number of Agencies, 2008-2012
Figure 89: Indian Personal Accident and Health Insurance - Number of Agencies, 2012-2017
Figure 90: Indian Personal Accident and Health Insurance - E-Commerce Commission Paid (INR Billion), 2008-2012
Figure 91: Indian Personal Accident and Health Insurance - E-Commerce Commission Paid (INR Billion), 2012-2017
Figure 92: Indian Personal Accident and Health Insurance - Written Premium Through E-Commerce (INR Billion), 2008-2012
Figure 93: Indian Personal Accident and Health Insurance - Written Premium Through E-Commerce (INR Billion), 2012-2017
Figure 94: Indian Personal Accident and Health Insurance - Policies Sold Through E-Commerce (Thousand), 2008-2012
Figure 95: Indian Personal Accident and Health Insurance - Policies Sold Through E-Commerce (Thousand), 2012-2017
Figure 96: Indian Personal Accident and Health Insurance - Number of E-Commerce Distributors, 2008-2012
Figure 97: Indian Personal Accident and Health Insurance - Number of E-Commerce Distributors, 2012-2017
Figure 98: Indian Personal Accident and Health Insurance - Commission Paid to Brokers (INR Billion), 2008-2012
Figure 99: Indian Personal Accident and Health Insurance - Commission Paid to Brokers (INR Billion), 2012-2017
Figure 100: Indian Personal Accident and Health Insurance - Written Premium Through Brokers (INR Billion), 2008-2012
Figure 101: Indian Personal Accident and Health Insurance - Written Premium Through Brokers (INR Billion), 2012-2017
Figure 102: Indian Personal Accident and Health Insurance - Policies Sold Through Brokers (Thousand), 2008-2012
Figure 103: Indian Personal Accident and Health Insurance - Policies Sold Through Brokers (Thousand), 2012-2017
Figure 104: Indian Personal Accident and Health Insurance - Number of Brokers, 2008-2012
Figure 105: Indian Personal Accident and Health Insurance - Number of Brokers, 2012-2017
Figure 106: Indian Personal Accident and Health Insurance - Commission Paid to Other Channels (INR Billion), 2008-2012
Figure 107: Indian Personal Accident and Health Insurance - Commission Paid to Other Channels (INR Billion), 2012-2017
Figure 108: Indian Personal Accident and Health Insurance - Written Premium Through Other Channels (INR Billion), 2008-2012
Figure 109: Indian Personal Accident and Health Insurance - Written Premium Through Other Channels (INR Billion), 2012-2017
Figure 110: Indian Personal Accident and Health Insurance - Policies Sold Through Other Channels (Thousand), 2008-2012
Figure 111: Indian Personal Accident and Health Insurance - Policies Sold Through Other Channels (Thousand), 2012-2017
Figure 112: Indian Personal Accident and Health Insurance - Number of Distributors in Other Channels, 2008-2012
Figure 113: Indian Personal Accident and Health Insurance - Number of Distributors in Other Channels, 2012-2017
Figure 114: India Personal Accident and Health Insurance - Five Forces Analysis
Figure 115: Indian Premium Ceded to Reinsurance by Category (INR Billion), 2008-2017
Figure 116: Indian Premium Ceded to Reinsurance by Category (% Share), 2012 and 2017
Figure 117: Indian Reinsurance - Dynamics by Category, 2008-2017
Figure 118: Indian Premium Ceded to Reinsurance by Type of Insurance (INR Billion), 2008-2017
Figure 119: Indian Reinsurance - Dynamics by Type of Insurance, 2008-2017
Figure 120: Indian Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Figure 121: Indian Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Figure 122: India - The Insurance Regulatory Framework
Figure 123: India - Insurance Supervision and Control at Various Levels
Figure 124: India - Insurance Regulatory Frameworks for Company Registration and Operation
Figure 125: India - Judiciary System
Figure 126: Shares of Key Insurers in the Indian Personal Accident and Health Insurance Segment (%), 2012
Figure 127: Gross Written Premium - Top-Five Indian Personal Accident and Health Insurers, 2012
Figure 128: Net Earned Premium - Top-Five Indian Personal Accident and Health Insurers, 2012
Figure 129: Gross Claims - Top-Five Indian Personal Accident and Health Insurers, 2012
Figure 130: Paid
+44 20 8816 8548

Ask a question about Personal Accident and Health Insurance in India, Key Trends and Opportunities to 2017

Enter the characters you see in the picture below
Captcha