{"id":280,"date":"2019-07-29T09:14:05","date_gmt":"2019-07-29T09:14:05","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=280"},"modified":"2022-01-28T08:12:40","modified_gmt":"2022-01-28T08:12:40","slug":"health-accident","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/indian-non-life-insurance-industry-analysis\/section-04-segmentwise-business-highlights\/health-accident\/","title":{"rendered":"4.5 &#8211; Health &#038; Accident"},"content":{"rendered":"\n<p>The Health &amp; Personal Accident Insurance segment has grown at a CAGR of 17.59% over the period 2011-12 to 2020-21.<br>Health Insurance comprises of  around 92% of the segment. Health &amp; Personal Accident has crossed the 60,000 Cr mark for the first time.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-columns w-two-one\">\n\t<div class=\"wp-block-column_2\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.5.1<\/span>GDPI - Health & Accident<\/h3><div id=\"Chart_185\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        stacked_column_chart(\"Chart_185\", {\"stacklabels\":true,\"data\":{\"Health\":{\"2011-12\":13417,\"2012-13\":15621,\"2013-14\":17799,\"2014-15\":20509,\"2015-16\":24901,\"2016-17\":31068,\"2017-18\":37875,\"2018-19\":45734,\"2019-20\":51895,\"2020-21\":58600},\"Personal Accident\":{\"2011-12\":1405,\"2012-13\":1672,\"2013-14\":1878,\"2014-15\":2216,\"2015-16\":2667,\"2016-17\":3706,\"2017-18\":4460,\"2018-19\":5479,\"2019-20\":5214,\"2020-21\":5117}},\"Title\":\"GDPI - Health & Accident\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 in Crores\",\"yAxisData\":{\"2011-12\":\"2011-12\",\"2012-13\":\"2012-13\",\"2013-14\":\"2013-14\",\"2014-15\":\"2014-15\",\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\"},\"colorCodes\":[\"#8f2939\",\"#bd9129\"]});\n                    });\n                <\/script>\n\t<\/div>\n\t<div class=\"wp-block-column_1\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Table 4.5.1<\/span>Health & Accident<\/h3><table width=\"100%\" class=\"\">    <tbody>        <tr>                    <td>                        2020-21                    <\/td>                    <td>                        Value                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Policies                    <\/td>                    <td>                              48,124,777                     <\/td>        <\/tr>        <tr>                    <td>                            Premium  (in Cr)                    <\/td>                    <td>                            63,717                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Claims Reported                    <\/td>                    <td>                              15,601,297                     <\/td>        <\/tr>        <tr>                    <td>                            No. Of Paid Claims                    <\/td>                    <td>                              14,372,767                     <\/td>        <\/tr>        <tr>                    <td>                            Amt of Paid Claims  (in Cr)                    <\/td>                    <td>                              46,030                     <\/td>        <\/tr>    <\/tbody><\/table>\n                <span style=\"margin-left: 139px;font-size:13px\"> <i>Premium booked in India considered<\/i><\/span>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: <\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><br><br><\/cite><\/blockquote>\n\n\n\n<p>The Net Incurred Claims ratio has increased, arriving at 90.18% in 2020-21. <\/p>\n\n\n\n<p>The Gross Incurred Claims ratio has decreased to 78.5% for Health industry segment in 2020-21.<\/p>\n\n\n<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.5.2<\/span>Gross & Net Incurred Claims Ratio - Health, Personal Accident & Travel<\/h3><div id=\"Chart_186\" class=\"chart-div\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        multiline_chart(\"Chart_186\", {\"unit\":\"\",\"data\":{\"Gross Incurred Claims Ratio\":{\"2011-12\":\"80.7\",\"2012-13\":\"81.8\",\"2013-14\":\"84.4\",\"2014-15\":\"86\",\"2015-16\":\"86.7\",\"2016-17\":\"91.9\",\"2017-18\":\"81.6\",\"2018-19\":\"78.2\",\"2019-20\":\"80.7\",\"2020-21\":\"78.5\"},\"Net Incurred Claims Ratio\":{\"2011-12\":\"89.6\",\"2012-13\":\"90.3\",\"2013-14\":\"93.9\",\"2014-15\":\"97\",\"2015-16\":\"98.4\",\"2016-17\":\"100.3\",\"2017-18\":\"92\",\"2018-19\":\"89.1\",\"2019-20\":\"85.7\",\"2020-21\":\"90.18\"}},\"Title\":\"Gross & Net Incurred Claims Ratio - Health, Personal Accident & Travel\",\"xTitle\":\"Year\",\"yTitle\":\"Loss ratio (%)\",\"yAxisData\":{\"2011-12\":\"2011-12\",\"2012-13\":\"2012-13\",\"2013-14\":\"2013-14\",\"2014-15\":\"2014-15\",\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\"},\"colorCodes\":[\"#ba9028\",\"#882837\"]});\n                    });\n                <\/script>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"><em><strong>Source<\/strong>: <\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><div class=\"wp-block-columns has-2-columns\">\n\t<div class=\"wp-block-column\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.5.3<\/span>Rural vs Urban Premium - Health & Accident<\/h3><div id=\"Chart_297\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_297\", {\"data\":{\"Rural Premium\":5253,\"Urban Premium\":58400},\"Title\":\"\",\"SeriesTitle\":\"Rural vs Urban Premium - Health & Accident\",\"colorCodes\":[\"#f0787e\",\"#f5a841\",\"#5ac5bc\",\"#ee65a3\",\"#f5e34b\",\"#88b3e0\",\"#a6cdee\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\t<\/div>\n\t<div class=\"wp-block-column\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.5.4<\/span>Channelwise GDPI - Health & Accident<\/h3><div id=\"Chart_299\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        pie_chart(\"Chart_299\", {\"data\":{\"Individual Agents\":20779,\"Corporate Agents-Bank\":7398,\"Corporate Agents- Others\":1701,\"Brokers\":14737,\"Direct Business- Internet\":1681,\"Direct Business- Other than internet\":15039,\"Micro Insurance Agent\":28,\"Others\":2354},\"Title\":\"\",\"SeriesTitle\":\"Channelwise GDPI - Health & Accident\",\"colorCodes\":[\"#f0787e\",\"#f5a841\",\"#5ac5bc\",\"#ee65a3\",\"#f5e34b\",\"#88b3e0\",\"#a6cdee\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\n\t<\/div>\n<\/div><\/p>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"><em><strong>Source<\/strong>:<\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em> <\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-columns has-2-columns\">\n\t<div class=\"wp-block-column\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.5.5<\/span>GDPI Breakup on Categories - Health & Accident<\/h3><div id=\"Chart_296\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_296\", {\"orientation\":true,\"unit\":\"\",\"data\":{\"2020-21\":{\"Health - Retail\":26301,\"Health - Group\":27708,\"Health - Government Schemes\":4319,\"Overseas Medical Insurance\":244,\"Personal Accident\":5117}},\"Title\":\"GDPI Breakup on Categories - Health & Accident\",\"xTitle\":\"\",\"yTitle\":\"(\\u20b9 in Cr)\",\"yAxisData\":{\"Health - Retail\":\"Health - Retail\",\"Health - Group\":\"Health - Group\",\"Health - Government Schemes\":\"Health - Government Schemes\",\"Overseas Medical Insurance\":\"Overseas Medical Insurance\",\"Personal Accident\":\"Personal Accident\"},\"colorCodes\":[\"#f0787e\",\"#f5a841\",\"#5ac5bc\",\"#ee65a3\",\"#f5e34b\",\"#88b3e0\",\"#a6cdee\"]});\n                    });\n                <\/script>\n\t<\/div>\n\t<div class=\"wp-block-column\">\n\t\t<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #9bcd5e;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.5.6<\/span>Policies Breakup on Categories - Health & Accident<\/h3><div id=\"Chart_302\"><\/div><script type=\"text\/javascript\">\n                    jQuery(document).ready(function () {\n                        basic_column_chart(\"Chart_302\", {\"orientation\":true,\"unit\":\"\",\"data\":{\"2020-21\":{\"Health - Retail\":15502276,\"Health - Group\":13878713,\"Health - Government Schemes\":22444,\"Overseas Medical Insurance\":817607,\"Personal Accident\":14196135}},\"Title\":\"Policies Breakup on Categories - Health & Accident\",\"xTitle\":\"\",\"yTitle\":\"Number of Policies\",\"yAxisData\":{\"Health - Retail\":\"Health - Retail\",\"Health - Group\":\"Health - Group\",\"Health - Government Schemes\":\"Health - Government Schemes\",\"Overseas Medical Insurance\":\"Overseas Medical Insurance\",\"Personal Accident\":\"Personal Accident\"},\"colorCodes\":[\"#f0787e\",\"#f5a841\",\"#5ac5bc\",\"#ee65a3\",\"#f5e34b\",\"#88b3e0\",\"#a6cdee\"]});\n                    });\n                <\/script>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"><em><strong>Source<\/strong>:<\/em> <em>Council Compilation<\/em>&nbsp;<em>as per source<br>data submitted by companies<\/em><br>*<em>Number of policies indicated under Health &#8211; Government Schemes are the<br>number of Master Policies issued and do not represent the number of lives covered<\/em><\/p>\n\n\n\n<p> <\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Health &amp; Personal Accident Insurance segment has grown at a CAGR of 17.59% over the period 2011-12 to 2020-21.Health [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":272,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/280"}],"collection":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/comments?post=280"}],"version-history":[{"count":40,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/280\/revisions"}],"predecessor-version":[{"id":2515,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/280\/revisions\/2515"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/pages\/272"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2020-21\/wp-json\/wp\/v2\/media?parent=280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}