The Health & Personal Accident Insurance segment has grown at a CAGR of 20.7% over the period 2009-10 to 2018-19.
Health Insurance comprises of 89.3% of the segment. Health & Personal Accident has crossed the 50,000 Cr mark for the first time over.
Chart 4.5.1GDPI - Health & Accident
Table 4.5.1Health & Accident
| 2018-19 | Value |
| No. Of Policies | 4,82,14,140 |
| Premium (in Cr) | 50,928 |
| No. Of Claims Reported | 1,80,90,239 |
| No. Of Paid Claims | 1,65,72,616 |
| Amt of Paid Claims (in Cr) | 38,015 |
Source: Council Compilation as per source
data submitted by companies
The Net Incurred Claims ratio has been brought down, arriving at 89.10% in 2018-19.
Net Incurred Claims Ratio has dropped higher than Gross Incurred Claims ratio for the segment implying higher earned premium for the Health industry over the previous years.
Chart 4.5.2Gross & Net Incurred Claims Ratio - Health, Personal Accident & Travel
Source: Council Compilation as per source
data submitted by companies
Chart 4.5.3Rural vs Urban Premium - Health & Accident
Chart 4.5.4Channelwise GDPI - Health & Accident
Source: Council Compilation as per source
data submitted by companies
Chart 4.5.5GDPI Breakup on Categories - Health & Accident
Chart 4.5.6Policies Breakup on Categories - Health & Accident
Source: Council Compilation as per source
data submitted by companies
*Number of policies indicated under Health – Government Schemes are the
number of Master Policies issued and do not represent the number of lives covered