The Health & Personal Accident Insurance segment has grown at a CAGR of 19.50% over the period 2013-14 to 2022-23.
Health & Personal Accident has crossed the 90,000 Cr mark for the first time after crossing 80,000 Cr mark in 2021-22.
Chart 4.5.1GDPI - Health & Accident
Table 4.5.1Health & Accident
| 2022-23 | Value |
| No. Of Policies | 4,35,47,376 |
| GDPI (in Cr) | 97,686 |
| No. Of Claims Reported | 2,69,74,456 |
| No. Of Paid Claims | 2,55,96,910 |
| Amt of Paid Claims (in Cr) | 74,646 |
Source: Council Compilation as per source
data submitted by companies
The Net Incurred Claims ratio has decreased significantly to 83.23% in 2022-23 from 105.3% in the previous year. Similarly, the Gross Incurred claims ratio has decreased to 75.69% in 2022-23 as compared to 94.50% in the previous year.
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
Source: Council Compilation as per source
data submitted by companies
Chart 4.5.4GDPI Breakup on Categories - Health & Accident
Chart 4.5.5Policies 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