Table 10NET RETENTION RATIOS (defined as Net Written premium divided by Gross Written Premium)
OVERALL | Year | 2007-08 | 2008-09 | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 |
| Fire | 53.3% | 56.5% | 52.7% | 54.2% | 52.9% | 53.9% | 52.2% | 48.5% | 49.3% | 44.9% | 38.5% | 39.3% | 36.7%
|
| Engg. | 48.7% | 45.0% | 45.5% | 46.9% | 49.0% | 48.3% | 50.5% | 48.1% | 48.3% | 47.2% | 49.2% | 46.5% | 43.5%
|
| Marine Cargo | 68.9% | 67.7% | 68.2% | 67.1% | 67.5% | 70.2% | 72.8% | 73.6% | 73.2% | 70.9% | 69.3% | 67.9% | 62.9%
|
| Marine Hull | 15.1% | 13.8% | 14.3% | 18.2% | 18.9% | 22.2% | 23.9% | 31.0% | 25.9% | 16.7% | 25.1% | 23.2% | 26.0%
|
| Motor OD | 82.3% | 86.5% | 87.8% | 89.1% | 89.5% | 88.3% | 91.2% | 90.4% | 90.1% | 86.8% | 87.6% | 84.7% | 81.9%
|
| Motor TP | 55.0% | 57.7% | 59.5% | 59.6% | 57.6% | 86.7% | 90.2% | 91.8% | 92.4% | 89.7% | 87.6% | 90.3% | 88.7%
|
| Aviation | 11.4% | 15.8% | 27.8% | 25.5% | 19.2% | 30.8% | 19.6% | 24.3% | 23.6% | 57.4% | 31.0% | 31.1% | 42.0%
|
| Health | 79.5% | 85.1% | 84.2% | 84.4% | 86.4% | 84.1% | 88.9% | 90.8% | 89.6% | 85.2% | 79.8% | 79.8% | 80.1%
|
| Personal accident | 68.5% | 72.0% | 74.3% | 79.5% | 78.7% | 81.6% | 86.0% | 86.9% | 84.1% | 83.4% | 83.8% | 82.0% | 83.9%
|
| Liability | 64.6% | 66.8% | 62.2% | 67.3% | 64.0% | 66.4% | 69.8% | 69.8% | 63.7% | 62.8% | 62.5% | 59.6% | 57.0%
|
| Other Misc. | 73.2% | 77.1% | 73.8% | 68.8% | 64.5% | 58.6% | 59.6% | 57.5% | 59.4% | 32.3% | 32.8% | 30.3% | 28.7%
|
| TOTAL | 66.7% | 70.1% | 70.3% | 71.3% | 70.1% | 75.2% | 78.1% | 78.9% | 79.5% | 70.2% | 68.6% | 68.4% | 66.7%
|
GENERAL INSURERS | Year | 2007-08 | 2008-09 | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 |
| Fire | 53.3% | 56.5% | 52.7% | 54.2% | 52.9% | 53.9% | 52.2% | 48.5% | 49.3% | 44.9% | 38.5% | 39.3% | 36.7%
|
| Engg. | 48.7% | 45.0% | 45.5% | 46.9% | 49.0% | 48.3% | 50.5% | 48.1% | 48.3% | 47.2% | 49.2% | 46.5% | 43.5%
|
| Marine Cargo | 68.9% | 67.7% | 68.2% | 67.1% | 67.5% | 70.2% | 72.8% | 73.6% | 73.2% | 70.9% | 69.3% | 67.9% | 62.9%
|
| Marine Hull | 15.1% | 13.8% | 14.3% | 18.2% | 18.9% | 22.2% | 23.9% | 31.0% | 25.9% | 16.7% | 25.1% | 23.2% | 26.0%
|
| Motor OD | 82.3% | 86.5% | 87.8% | 89.1% | 89.5% | 88.3% | 91.2% | 90.4% | 90.1% | 86.8% | 87.6% | 84.7% | 81.9%
|
| Motor TP | 55.0% | 57.7% | 59.5% | 59.6% | 57.6% | 86.7% | 90.2% | 91.8% | 92.4% | 89.7% | 87.6% | 90.3% | 88.7%
|
| Aviation | 11.4% | 15.8% | 27.8% | 25.5% | 19.2% | 30.8% | 19.6% | 24.3% | 23.6% | 57.4% | 31.0% | 31.1% | 42.0%
|
| Health | 79.6% | 86.1% | 86.1% | 85.7% | 87.5% | 84.7% | 89.5% | 91.8% | 91.7% | 86.3% | 80.0% | 80.2% | 81.8%
|
| Personal accident | 69.6% | 73.0% | 74.2% | 79.7% | 79.0% | 82.0% | 86.5% | 87.4% | 84.6% | 83.9% | 84.2% | 81.9% | 83.6%
|
| Liability | 64.6% | 66.8% | 62.2% | 67.3% | 64.0% | 66.4% | 69.8% | 69.8% | 63.7% | 62.8% | 62.5% | 59.6% | 57.0%
|
| Other Misc. | 69.4% | 71.7% | 69.4% | 65.7% | 69.2% | 62.6% | 61.7% | 54.4% | 55.0% | 32.6% | 34.4% | 30.5% | 29.1%
|
| TOTAL | 66.1% | 69.4% | 69.8% | 71.1% | 70.5% | 76.5% | 79.2% | 79.5% | 80.3% | 72.3% | 70.6% | 69.7% | 68.3%
|
STANDALONE HEALTH INSURERS | Year | 2007-08 | 2008-09 | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 |
| Health | 76.9% | 73.5% | 71.2% | 75.9% | 78.5% | 79.0% | 84.6% | 84.9% | 79.1% | 80.4% | 79.2% | 78.2% | 75.6%
|
| Personal accident | 31.2% | 33.7% | 83.9% | 71.3% | 65.7% | 62.1% | 70.9% | 74.7% | 76.3% | 77.5% | 79.4% | 82.8% | 85.7%
|
| Other Misc. | - | 85.0% | 52.0% | 52.9% | 70.1% | 81.3% | 86.5% | 86.4% | 87.5% | - | 80.5% | - | - |
| TOTAL | 71.3% | 71.9% | 71.3% | 75.7% | 78.2% | 78.6% | 84.2% | 84.6% | 79.0% | 80.3% | 79.3% | 78.4% | 76.0% |
SPECIALISED INSURERS | Year | 2007-08 | 2008-09 | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 |
| Other Misc. | 78.9% | 85.5% | 79.2% | 72.4% | 59.2% | 54.5% | 57.1% | 62.2% | 64.7% | 31.7% | 28.7% | 29.8% | 27.7%
|
Source: IRDAI reports and Council Compilation
