Personal Accident and Health Insurance in India, Key Trends and Opportunities to 2019

Personal Accident and Health Insurance in India, Key Trends and Opportunities to 2019

Synopsis
Timetric’s 'Personal Accident and Health Insurance in the India, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Indian personal accident and health insurance segment.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2010–2014) and forecast period (2014–2019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of Indian economy and demographics and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.

Summary
Timetric’s 'Personal Accident and Health Insurance in the India, Key Trends and Opportunities to 2019' report provides in-depth market 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 insurance category

- Key trends, drivers and challenges for the personal accident and health insurance segment

- A comprehensive overview of India's economy and demographics

- The various distribution channels in the Indian personal accident and health insurance segment

- Details of the competitive landscape in the personal accident and health insurance segment in India

- Details of regulatory policy applicable to the Indian insurance industry

Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in India:

- It provides historical values for the Indian personal accident and health insurance segment for the report’s 2010–2014 review period, and projected figures for the 2014–2019 forecast period.

- It offers a detailed analysis of the key categories in the Indian personal accident and health insurance segment, along with market forecasts until 2019.

- It analyses the various distribution channels for personal accident and health insurance products in India.

- 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 in-depth historic and forecast market data related to the Indian personal accident and health insurance segment and each category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the Indian personal accident and health insurance segment.

- Assess the competitive dynamics in the personal accident and health insurance segment.

- Identify the growth opportunities and market dynamics in key product categories.

- Gain insights into key regulations governing the Indian insurance industry, and their impact on companies and the industry's future.

Key Highlights
- In terms of gross written premium, the Indian personal accident and health insurance segment recorded the fastest growth in the country’s insurance industry at a review-period (2010–2014) CAGR of 16.3%.

- Health insurance was one of the fastest-growing categories in India, with a review-period CAGR of 16.6%, but a substantial proportion of the population is still unaware of health insurance, especially in rural areas.

- On March 12, 2015, the Indian government passed the Insurance Laws (Amendment) Bill 2015 and increased the FDI limit in the Indian insurance industry from 26% to 49%. This is expected to lead to an increase in investments over the forecast period (2014–2019).

- With India having the world’s second-largest population at 1.27 billion and with low personal accident and health insurance penetration at 0.2%, growth potential in the health insurance category over the forecast period is positive.

- Rapid urbanization and a slow rate of infrastructure development will contribute to the growth of personal accident and health insurance over the forecast period.

- IRDAI has appointed a committee to suggest a pathway for risk-based capital implementation, similar to European Solvency II margins, to bring Indian insurers in line with international operators.
Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology
4 Economy and Demographics
5 Personal Accident and Health Insurance Segment Outlook
5.1 Key Drivers
5.2 Key Trends
5.3 Challenges
5.4 Personal Accident and Health Insurance Growth Prospects by Category
5.4.1 Personal accident insurance
5.4.2 Travel insurance
5.4.3 Health insurance
6 Analysis by Distribution Channel
6.1 Direct Marketing
6.2 Bancassurance
6.3 Agencies
6.4 E-Commerce
6.5 Brokers
6.6 Other Channels
7 Competitive Landscape and Strategic Insights
7.1 Overview
7.2 Leading Companies in Indian Personal Accident and Health Insurance Segment
7.2.1 New India Assurance Co. Ltd - company overview
7.2.2 National Insurance Co. Ltd - company overview
7.2.3 United India Insurance Co. Ltd - company overview
7.2.4 Oriental Insurance Company Ltd - company overview
7.2.5 ICICI Lombard General Insurance Co. Ltd - company overview
7.2.6 Star Health and Allied Insurance Co. Ltd - company overview
7.2.7 HDFC Ergo General Insurance Company Ltd - company overview
7.2.8 Bajaj Allianz General Insurance Co. Ltd - company overview
7.2.9 Apollo Munich Health Insurance Company Ltd - company overview
7.2.10 Reliance General Insurance Company Ltd - company overview
8 Governance, Risk and Compliance
8.1 Legislation Overview and Historical Evolution
8.2 Latest Changes in Regulations
8.3 Legislation and Market Practice by Type of Insurance
8.3.1 Life insurance
8.3.2 Property insurance
8.3.3 Motor insurance
8.3.4 Liability insurance
8.3.5 Marine, aviation and transit insurance
8.3.6 Personal accident and health insurance
8.4 Compulsory Insurance
8.4.1 Third-party liability insurance for owner of hazardous facilities
8.4.2 Motor third-party liability insurance
8.4.3 Professional indemnity insurance for insurance brokers and web aggregators
8.4.4 Workmen's compensation insurance/employers' liability insurance
8.5 Supervision and Control
8.5.1 International Association of Insurance Supervisors
8.5.2 Insurance Regulatory and Development Authority of India
8.6 Non-Admitted Insurance Regulations
8.6.1 Overview
8.6.2 Intermediaries
8.6.3 Market practices
8.6.4 Fines and penalties
8.7 Company Registration and Operations
8.7.1 Types of insurance organization
8.7.2 Establishing a local company
8.7.3 Foreign ownership
8.7.4 Types of license
8.7.5 Capital requirements
8.7.6 Solvency margins
8.7.7 Reserve requirements
8.7.8 Investment regulations
8.7.9 Statutory return requirements
8.7.10 Fee structure
8.8 Taxation
8.8.1 Insurance premium or policy taxation
8.8.2 Withholding taxes on premium paid overseas
8.8.3 Corporate tax
8.8.4 VAT
8.8.5 Captives
8.9 Legal System
8.9.1 Introduction
8.9.2 Access to court
8.9.3 Alternative dispute resolution (ADR)
9 Appendix
9.1 Methodology
9.2 Contact Timetric
9.3 About Timetric
9.4 Timetric's Services
9.5 Disclaimer

List of Tables
Table 1: Indian Personal Accident and Health Insurance - Key Facts, 2014
Table 2: Insurance Industry Definitions
Table 3: Indian Government Credit Ratings
Table 4: Indian Personal Accident and Health Insurance - Gross Written Premium by Category (INR Billion), 2010-2014
Table 5: Indian Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Billion), 2010-2014
Table 6: Indian Personal Accident and Health Insurance - Gross Written Premium by Category (INR Billion), 2014-2019
Table 7: Indian Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Billion), 2014-2019
Table 8: Indian Personal Accident and Health Insurance - Direct Written Premium by Category (INR Billion), 2010-2014
Table 9: Indian Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Billion), 2010-2014
Table 10: Indian Personal Accident and Health Insurance - Direct Written Premium by Category (INR Billion), 2014-2019
Table 11: Indian Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Billion), 2014-2019
Table 12: Indian Personal Accident and Health Insurance - Net Earned Premium (INR Billion), 2010-2014
Table 13: Indian Personal Accident and Health Insurance - Net Earned Premium (INR Billion), 2014-2019
Table 14: Indian Personal Accident and Health Insurance - Paid Claims by Category (INR Billion), 2010-2014
Table 15: Indian Personal Accident and Health Insurance - Paid Claims by Category (US$ Billion), 2010-2014
Table 16: Indian Personal Accident and Health Insurance - Paid Claims by Category (INR Billion), 2014-2019
Table 17: Indian Personal Accident and Health Insurance - Paid Claims by Category (US$ Billion), 2014-2019
Table 18: Indian Personal Accident and Health Insurance - Incurred Loss by Category (INR Billion), 2010-2014
Table 19: Indian Personal Accident and Health Insurance - Incurred Loss by Category (US$ Billion), 2010-2014
Table 20: Indian Personal Accident and Health Insurance - Incurred Loss by Category (INR Billion), 2014-2019
Table 21: Indian Personal Accident and Health Insurance - Incurred Loss by Category (US$ Billion), 2014-2019
Table 22: Indian Personal Accident and Health Insurance - Net Written Premium by Category (INR Billion), 2010-2014
Table 23: Indian Personal Accident and Health Insurance - Net Written Premium by Category (US$ Billion), 2010-2014
Table 24: Indian Personal Accident and Health Insurance - Net Written Premium by Category (INR Billion), 2014-2019
Table 25: Indian Personal Accident and Health Insurance - Net Written Premium by Category (US$ Billion), 2014-2019
Table 26: Indian Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
Table 27: Indian Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
Table 28: Indian Personal Accident and Health Insurance - Commission and Expenses (INR Billion), 2010-2014
Table 29: Indian Personal Accident and Health Insurance - Commission and Expenses (INR Billion), 2014-2019
Table 30: Indian Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
Table 31: Indian Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
Table 32: Indian Personal Accident and Health Insurance - Number of Policies Per Capita, 2010-2014
Table 33: Indian Personal Accident and Health Insurance - Number of Policies Per Capita, 2014-2019
Table 34: Indian Personal Accident and Health Insurance - Total assets (INR Billion), 2010-2014
Table 35: Indian Personal Accident and Health Insurance - Total assets (INR Billion), 2014-2019
Table 36: Indian Personal Accident and Health Insurance - Total Investment Income (INR Billion), 2010-2014
Table 37: Indian Personal Accident and Health Insurance - Total Investment Income (INR Billion), 2014-2019
Table 38: Indian Personal Accident and Health Insurance - Net Written Premium (% of GWP), 2010-2014
Table 39: Indian Personal Accident and Health Insurance - Net Written Premium (% of GWP), 2014-2019
Table 40: Indian Personal Accident Insurance - Number of Policies Sold (Thousand), 2010-2014
Table 41: Indian Personal Accident Insurance - Number of Policies Sold (Thousand), 2014-2019
Table 42: Indian Personal Accident Insurance - Direct Written Premium (INR Billion), 2010-2014
Table 43: Indian Personal Accident Insurance - Direct Written Premium (INR Billion), 2014-2019
Table 44: Indian Personal Accident Insurance - Loss Ratio (%), 2010-2014
Table 45: Indian Personal Accident Insurance - Loss Ratio (%), 2014-2019
Table 46: Indian Travel Insurance - Number of Policies Sold (Thousand), 2010-2014
Table 47: Indian Travel Insurance - Number of Policies Sold (Thousand), 2014-2019
Table 48: Indian Travel Insurance - Direct Written Premium (INR Billion), 2010-2014
Table 49: Indian Travel Insurance - Direct Written Premium (INR Billion), 2014-2019
Table 50: Indian Travel Insurance - Loss Ratio (%), 2010-2014
Table 51: Indian Travel Insurance - Loss Ratio (%), 2014-2019
Table 52: Indian Health Insurance - Number of Policies Sold (Thousand), 2010-2014
Table 53: Indian Health Insurance - Number of Policies Sold (Thousand), 2014-2019
Table 54: Indian Health Insurance - Direct Written Premium (INR Billion), 2010-2014
Table 55: Indian Health Insurance - Direct Written Premium (INR Billion), 2014-2019
Table 56: Indian Health Insurance - Paid Claim (INR Billion), 2010-2014
Table 57: Indian Health Insurance - Paid Claim (INR Billion), 2014-2019
Table 58: Indian Health Insurance - Loss Ratio (%), 2010-2014
Table 59: Indian Health Insurance - Loss Ratio (%), 2014-2019
Table 60: Indian Health Insurance - Net Written Premium (INR Billion), 2010-2014
Table 61: Indian Health Insurance - Net Written Premium (INR Billion), 2014-2019
Table 62: Indian Personal Accident and Health Insurance - Direct Marketing Value of Commission (INR Billion), 2010-2014
Table 63: Indian Personal Accident and Health Insurance - Direct Marketing Value of Commission (INR Billion), 2014-2019
Table 64: Indian Personal Accident and Health Insurance - Direct Marketing Direct Written Premium (INR Billion), 2010-2014
Table 65: Indian Personal Accident and Health Insurance - Direct Marketing Direct Written Premium (INR Billion), 2014-2019
Table 66: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Direct Marketing (Thousand), 2010-2014
Table 67: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Direct Marketing (Thousand), 2014-2019
Table 68: Indian Personal Accident and Health Insurance - Sales Force, 2010-2014
Table 69: Indian Personal Accident and Health Insurance - Sales Force, 2014-2019
Table 70: Indian Personal Accident and Health Insurance - Bancassurance Value of Commission (INR Billion), 2010-2014
Table 71: Indian Personal Accident and Health Insurance - Bancassurance Value of Commission (INR Billion), 2014-2019
Table 72: Indian Personal Accident and Health Insurance - Bancassurance Direct Written Premium (INR Billion), 2010-2014
Table 73: Indian Personal Accident and Health Insurance - Bancassurance Direct Written Premium (INR Billion), 2014-2019
Table 74: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Bancassurance (Thousand), 2010-2014
Table 75: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Bancassurance (Thousand), 2014-2019
Table 76: Indian Personal Accident and Health Insurance - Number of Banking Entities, 2010-2014
Table 77: Indian Personal Accident and Health Insurance - Number of Banking Entities, 2014-2019
Table 78: Indian Personal Accident and Health Insurance - Agencies' Value of Commission (INR Billion), 2010-2014
Table 79: Indian Personal Accident and Health Insurance - Agencies' Value of Commission (INR Billion), 2014-2019
Table 80: Indian Personal Accident and Health Insurance - Agencies' Direct Written Premium (INR Billion), 2010-2014
Table 81: Indian Personal Accident and Health Insurance - Agencies' Direct Written Premium (INR Billion), 2014-2019
Table 82: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Agencies (Thousand), 2010-2014
Table 83: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Agencies (Thousand), 2014-2019
Table 84: Indian Personal Accident and Health Insurance - Number of Insurance Agents, 2010-2014
Table 85: Indian Personal Accident and Health Insurance - Number of Insurance Agents, 2014-2019
Table 86: Indian Personal Accident and Health Insurance - E-Commerce Value of Commission (INR Billion), 2010-2014
Table 87: Indian Personal Accident and Health Insurance - E-Commerce Value of Commission (INR Million), 2014-2019
Table 88: Indian Personal Accident and Health Insurance - E-Commerce Direct Written Premium (INR Billion), 2010-2014
Table 89: Indian Personal Accident and Health Insurance - E-Commerce Direct Written Premium (INR Billion), 2014-2019
Table 90: Indian Personal Accident and Health Insurance - Number of Policies Sold Through E-Commerce (Thousand), 2010-2014
Table 91: Indian Personal Accident and Health Insurance - Number of Policies Sold Through E-Commerce (Thousand), 2014-2019
Table 92: Indian Personal Accident and Health Insurance - Brokers' Value of Commission (INR Billion), 2010-2014
Table 93: Indian Personal Accident and Health Insurance - Brokers' Value of Commission (INR Billion), 2014-2019
Table 94: Indian Personal Accident and Health Insurance - Brokers' Direct Written Premium (INR Billion), 2010-2014
Table 95: Indian Personal Accident and Health Insurance - Brokers' Direct Written Premium (INR Billion), 2014-2019
Table 96: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Brokers (Thousand), 2010-2014
Table 97: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Brokers (Thousand), 2014-2019
Table 98: Indian Personal Accident and Health Insurance - Number of Insurance Brokers, 2010-2014
Table 99: Indian Personal Accident and Health Insurance - Number of Insurance Brokers, 2014-2019
Table 100: Indian Personal Accident and Health Insurance - Other Channels' Value of Commission (INR Million), 2010-2014
Table 101: Indian Personal Accident and Health Insurance - Other Channels' Value of Commission (INR Million), 2014-2019
Table 102: Indian Personal Accident and Health Insurance - Other Channels' Direct Written Premium (INR Billion), 2010-2014
Table 103: Indian Personal Accident and Health Insurance - Other Channels' Direct Written Premium (INR Billion), 2014-2019
Table 104: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Other Channels (Thousand), 2010-2014
Table 105: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Other Channels (Thousand), 2014-2019
Table 106: Indian Personal Accident and Health Insurance - Shares of Key Insurers (%), 2014
Table 107: New India Assurance Co. Ltd - Key Facts
Table 108: New India Assurance Co. Ltd, Key Financials (INR Million), 2010-2014
Table 109: National Insurance Co. Ltd - Key Facts
Table 110: National Insurance Co. Ltd - Key Financials (INR Million), 2010-2014
Table 111: United India Insurance Co. Ltd - Key Facts
Table 112: United India Insurance Co. Ltd - Key Financials (INR Million), 2010-2014
Table 113: Oriental Insurance Company Ltd - Key Facts
Table 114: Oriental Insurance Company Ltd - Key Financials (INR Million), 2010-2014
Table 115: ICICI Lombard General Insurance Co. Ltd - Key Facts
Table 116: ICICI Lombard General Insurance Co. Ltd, Key Financials (INR Million), 2010-2014
Table 117: Star Health & Allied Insurance Co. Ltd - Key Facts
Table 118: Star Health & Allied Insurance Co. Ltd, Key Financials (INR Million), 2010-2014
Table 119: HDFC ERGO General Insurance Company Ltd - Key Facts
Table 120: HDFC Ergo General Insurance Company Ltd, Key Financials (INR Million), 2010-2014
Table 121: Bajaj Allianz General Insurance Co. Ltd - Key Facts
Table 122: Bajaj Allianz General Insurance Co. Ltd, Key Financials (INR Million), 2010-2014
Table 123: Apollo Munich Health Insurance Company Ltd - Key Facts
Table 124: Apollo Munich Health Insurance Company Ltd, Key Financials (INR Million), 2010-2014
Table 125: Reliance General Insurance Company Ltd - Key Facts
Table 126: Reliance General Insurance Company Ltd, Key Financials (INR Million), 2010-2014
Table 127: India - Insurance Regulatory Framework Key Features
Table 128: India - Life Insurance Regulatory Framework
Table 129: India - Property Insurance Regulatory Framework
Table 130: India - Motor Insurance Regulatory Framework
Table 131: India - Liability Insurance Regulatory Framework
Table 132: India - Premium Rates for Third-Party (TP) Liability Insurance
Table 133: India - Employee Compensation Benefits
Table 134: India - Surcharge for the Financial Year 2015
Table 135: India - Other Corporate Tax Rates for the Financial Year 2015



List of Figures
Figure 1: Indian Real GDP, 2010-2019
Figure 2: INR-US$ Exchange Rate, 2010-2019
Figure 3: Indian Consumer Price Inflation, 2010-2019
Figure 4: Indian Current Account Balance (Percentage of GDP), 2009-2013
Figure 5: Indian Unemployment Rate, 2010-2019
Figure 6: Indian Non-Life Insurance - Population by Age Group, 1991-2025
Figure 7: Indian Personal Accident and Health Insurance - Gross Written Premium by Category (INR Billion), 2010-2019
Figure 8: Indian Personal Accident and Health Insurance - Gross Written Premium by Category (Percentage Share), 2014 and 2019
Figure 9: Indian Personal Accident and Health Insurance - Gross Written Premium Dynamics by Category, 2010-2019
Figure 10: Indian Personal Accident and Health Insurance - Direct Written Premium by Category (INR Billion), 2010-2019
Figure 11: Indian Personal Accident and Health Insurance - Direct Written Premium by Category (Percentage Share), 2014 and 2019
Figure 12: Indian Personal Accident and Health Insurance - Gross Written Premium Dynamics by Category, 2010-2019
Figure 13: Indian Personal Accident and Health Insurance - Net Earned Premium (INR Billion), 2010-2014
Figure 14: Indian Personal Accident and Health Insurance - Net Earned Premium (INR Billion), 2014-2019
Figure 15: Indian Personal Accident and Health Insurance - Paid Claims by Category (INR Billion), 2010-2019
Figure 16: Indian Personal Accident and Health Insurance - Incurred Loss by Category (INR Billion), 2010-2019
Figure 17: Indian Personal Accident and Health Insurance - Net Written Premium by Category (INR Billion), 2010-2019
Figure 18: Indian Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
Figure 19: Indian Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
Figure 20: Indian Personal Accident and Health Insurance - Commission and Expenses (INR Billion), 2010-2014
Figure 21: Indian Personal Accident and Health Insurance - Commission and Expenses (INR Billion), 2014-2019
Figure 22: Indian Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
Figure 23: Indian Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
Figure 24: Indian Personal Accident and Health Insurance - Number of Policies Per Capita, 2010-2014
Figure 25: Indian Personal Accident and Health Insurance - Number of Policies Per Capita, 2014-2019
Figure 26: Indian Personal Accident and Health Insurance - Total assets (INR Billion), 2010-2014
Figure 27: Indian Personal Accident and Health Insurance - Total assets (INR Billion), 2014-2019
Figure 28: Indian Personal Accident and Health Insurance - Total Investment Income (INR Billion), 2010-2014
Figure 29: Indian Personal Accident and Health Insurance - Total Investment Income (INR Billion), 2014-2019
Figure 30: Indian Personal Accident and Health Insurance - Net Written Premium (% of GWP), 2010-2014
Figure 31: Indian Personal Accident and Health Insurance - Net Written Premium (% of GWP), 2014-2019
Figure 32: Indian Personal Accident and Health Insurance - Investment Portfolio (INR Billion), 2010-2014
Figure 33: Indian Personal Accident and Health Insurance - Investment Portfolio (% Share), 2010 and 2014
Figure 34: Indian Personal Accident and Health Insurance Penetration (Ratio of Direct Premiums to GDP), 2010-2014
Figure 35: Indian Personal Accident and Health Insurance - Number of Policies Sold (Thousand), 2010-2014
Figure 36: Indian Personal Accident and Health Insurance - Number of Policies Sold (Thousand), 2014-2019
Figure 37: Indian Personal Accident and Health Insurance - Density (Direct Premium per Capita), 2010-2014
Figure 38: Indian Personal Accident Insurance - Number of Policies Sold (Thousand), 2010-2014
Figure 39: Indian Personal Accident Insurance - Number of Policies Sold (Thousand), 2014-2019
Figure 40: Indian Personal Accident Insurance - Direct Written Premium (INR Billion), 2010-2014
Figure 41: Indian Personal Accident Insurance - Direct Written Premium (INR Billion), 2014-2019
Figure 42: Indian Personal Accident Insurance - Loss Ratio (%), 2010-2014
Figure 43: Indian Personal Accident Insurance - Loss Ratio (%), 2014-2019
Figure 44: Indian Travel Insurance - Number of Policies Sold (Thousand), 2010-2014
Figure 45: Indian Travel Insurance - Number of Policies Sold (Thousand), 2014-2019
Figure 46: Indian Travel Insurance - Direct Written Premium (INR Billion), 2010-2014
Figure 47: Indian Travel Insurance - Direct Written Premium (INR Billion), 2014-2019
Figure 48: Indian Travel Insurance - Loss Ratio (%), 2010-2014
Figure 49: Indian Travel Insurance - Loss Ratio (%), 2014-2019
Figure 50: Indian Health Insurance - Number of Policies Sold (Thousand), 2010-2014
Figure 51: Indian Health Insurance - Number of Policies Sold (Thousand), 2014-2019
Figure 52: Indian Health Insurance - Direct Written Premium (INR Billion), 2010-2014
Figure 53: Indian Health Insurance - Direct Written Premium (INR Billion), 2014-2019
Figure 54: Indian Health Insurance - Paid Claim (INR Billion), 2010-2014
Figure 55: Indian Health Insurance - Paid Claim (INR Billion), 2014-2019
Figure 56: Indian Health Insurance - Loss Ratio (%), 2010-2014
Figure 57: Indian Health Insurance - Loss Ratio (%), 2014-2019
Figure 58: Indian Health Insurance - Net Written Premium (INR Billion), 2010-2014
Figure 59: Indian Health Insurance - Net Written Premium (INR Billion), 2014-2019
Figure 60: Indian Personal Accident and Health Insurance - Gross Written Premium by Distribution Channel (% Share), 2014 and 2019
Figure 61: Indian Personal Accident and Health Insurance - Direct Marketing Value of Commission (INR Billion), 2010-2014
Figure 62: Indian Personal Accident and Health Insurance - Direct Marketing Value of Commission (INR Billion), 2014-2019
Figure 63: Indian Personal Accident and Health Insurance - Direct Marketing Direct Written Premium (INR Billion), 2010-2014
Figure 64: Indian Personal Accident and Health Insurance - Direct Marketing Direct Written Premium (INR Billion), 2014-2019
Figure 65: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Direct Marketing (Thousand), 2010-2014
Figure 66: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Direct Marketing (Thousand), 2014-2019
Figure 67: Indian Personal Accident and Health Insurance - Sales Force, 2010-2014
Figure 68: Indian Personal Accident and Health Insurance - Sales Force, 2014-2019
Figure 69: Indian Personal Accident and Health Insurance - Bancassurance Value of Commission (INR Billion), 2010-2014
Figure 70: Indian Personal Accident and Health Insurance - Bancassurance Value of Commission (INR Billion), 2014-2019
Figure 71: Indian Personal Accident and Health Insurance - Bancassurance Direct Written Premium (INR Billion), 2010-2014
Figure 72: Indian Personal Accident and Health Insurance - Bancassurance Direct Written Premium (INR Billion), 2014-2019
Figure 73: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Bancassurance (Thousand), 2010-2014
Figure 74: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Bancassurance (Thousand), 2014-2019
Figure 75: Indian Personal Accident and Health Insurance - Number of Banking Entities, 2010-2014
Figure 76: Indian Personal Accident and Health Insurance - Number of Banking Entities, 2014-2019
Figure 77: Indian Personal Accident and Health Insurance - Agencies' Value of Commission (INR Billion), 2010-2014
Figure 78: Indian Personal Accident and Health Insurance - Agencies' Value of Commission (INR Billion), 2014-2019
Figure 79: Indian Personal Accident and Health Insurance - Agencies' Direct Written Premium (INR Billion), 2010-2014
Figure 80: Indian Personal Accident and Health Insurance - Agencies' Direct Written Premium (INR Billion), 2014-2019
Figure 81: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Agencies (Thousand), 2010-2014
Figure 82: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Agencies (Thousand), 2014-2019
Figure 83: Indian Personal Accident and Health Insurance - Number of Insurance Agents, 2010-2014
Figure 84: Indian Personal Accident and Health Insurance - Number of Insurance Agents, 2014-2019
Figure 85: Indian Personal Accident and Health Insurance - E-Commerce Value of Commission (INR Million), 2010-2014
Figure 86: Indian Personal Accident and Health Insurance - E-Commerce Value of Commission (INR Million), 2014-2019
Figure 87: Indian Personal Accident and Health Insurance - E-Commerce Direct Written Premium (INR Billion), 2010-2014
Figure 88: Indian Personal Accident and Health Insurance - E-Commerce Direct Written Premium (INR Billion), 2014-2019
Figure 89: Indian Personal Accident and Health Insurance - Number of Policies Sold Through E-Commerce (Thousand), 2010-2014
Figure 90: Indian Personal Accident and Health Insurance - Number of Policies Sold Through E-Commerce (Thousand), 2014-2019
Figure 91: Indian Personal Accident and Health Insurance - Brokers' Value of Commission (INR Billion), 2010-2014
Figure 92: Indian Personal Accident and Health Insurance - Brokers' Value of Commission (INR Billion), 2014-2019
Figure 93: Indian Personal Accident and Health Insurance - Brokers' Direct Written Premium (INR Billion), 2010-2014
Figure 94: Indian Personal Accident and Health Insurance - Brokers' Direct Written Premium (INR Billion), 2014-2019
Figure 95: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Brokers (Thousand), 2010-2014
Figure 96: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Brokers (Thousand), 2014-2019
Figure 97: Indian Personal Accident and Health Insurance - Number of Insurance Brokers, 2010-2014
Figure 98: Indian Personal Accident and Health Insurance - Number of Insurance Brokers, 2014-2019
Figure 99: Indian Personal Accident and Health Insurance - Other Channels' Value of Commission (INR Million), 2010-2014
Figure 100: Indian Personal Accident and Health Insurance - Other Channels' Value of Commission (INR Million), 2014-2019
Figure 101: Indian Personal Accident and Health Insurance - Other Channels' Direct Written Premium (INR Billion), 2010-2014
Figure 102: Indian Personal Accident and Health Insurance - Other Channels' Direct Written Premium (INR Billion), 2014-2019
Figure 103: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Other Channels (Thousand), 2010-2014
Figure 104: Indian Personal Accident and Health Insurance - Number of Policies Sold Through Other Channels (Thousand), 2014-2019
Figure 105: Indian Personal Accident and Health Insurance - Shares of Key Insurers (%), 2014
Figure 106: India - Insurance Supervision and Control at Various Levels
Figure 107: India - Insurance Regulatory Frameworks for Company Registration and Operation
Figure 108: India - Judiciary System