{"id":280,"date":"2019-07-29T09:14:05","date_gmt":"2019-07-29T09:14:05","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=280"},"modified":"2026-02-03T11:13:22","modified_gmt":"2026-02-03T11:13:22","slug":"health-accident","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/?page_id=280","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 18.5% over the period 2015-16 to 2024-25. Health &amp; Personal Accident segment is the highest line of business in Non-Life Insurance for the year 2024-25.<\/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: #f6a192;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\":{\"2015-16\":24901,\"2016-17\":31068,\"2017-18\":37875,\"2018-19\":45734,\"2019-20\":51895,\"2020-21\":58600,\"2021-22\":73594,\"2022-23\":90649,\"2023-24\":108911,\"2024-25\":118839},\"Personal Accident\":{\"2015-16\":2667,\"2016-17\":3706,\"2017-18\":4460,\"2018-19\":5479,\"2019-20\":5214,\"2020-21\":5117,\"2021-22\":6908,\"2022-23\":7037,\"2023-24\":7783,\"2024-25\":8590}},\"Title\":\"GDPI - Health & Accident\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 in Crores\",\"yAxisData\":{\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\",\"2021-22\":\"2021-22\",\"2022-23\":\"2022-23\",\"2023-24\":\"2023-24\",\"2024-25\":\"2024-25\"},\"colorCodes\":[\"#cf8900\",\" #643e0c\"]});\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: #f6a192;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>                        2024-25                    <\/td>                    <td>                        Value                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Policies                    <\/td>                    <td>                            48,575,853                    <\/td>        <\/tr>        <tr>                    <td>                            GDPI \u00a0(in Cr)                    <\/td>                    <td>                            127,430                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Claims Reported                    <\/td>                    <td>                            38,287,184                    <\/td>        <\/tr>        <tr>                    <td>                            No. Of Paid Claims                    <\/td>                    <td>                            34,522,375                    <\/td>        <\/tr>        <tr>                    <td>                            Amt of Paid Claims  (in Cr)                    <\/td>                    <td>                            98,205                    <\/td>        <\/tr>    <\/tbody><\/table>\n                <span style=\"margin-left: 139px;font-size:13px\"> <i><\/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 Gross Incurred Claims Ratio has decreased, however the Net Incurred Claims Ratio has increased in the year under-review as compared to the previous year.<\/p>\n\n\n\n<p><\/p>\n\n\n<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;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\":{\"2015-16\":\"86.7\",\"2016-17\":\"91.9\",\"2017-18\":\"81.6\",\"2018-19\":\"78.2\",\"2019-20\":\"80.7\",\"2020-21\":\"78.5\",\"2021-22\":\"94.5\",\"2022-23\":\"75.7\",\"2023-24\":\"77.1\",\"2024-25\":\"79.4\"},\"Net Incurred Claims Ratio\":{\"2015-16\":\"98.4\",\"2016-17\":\"100.3\",\"2017-18\":\"92\",\"2018-19\":\"89.1\",\"2019-20\":\"85.7\",\"2020-21\":\"90.2\",\"2021-22\":\"105.3\",\"2022-23\":\"83.2\",\"2023-24\":\"87.5\",\"2024-25\":\"84.3\"}},\"Title\":\"Gross & Net Incurred Claims Ratio - Health, Personal Accident & Travel\",\"xTitle\":\"Year\",\"yTitle\":\"Loss ratio (%)\",\"yAxisData\":{\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\",\"2021-22\":\"2021-22\",\"2022-23\":\"2022-23\",\"2023-24\":\"2023-24\",\"2024-25\":\"2024-25\"},\"colorCodes\":[\"#cf8900\",\" #643e0c\"]});\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<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;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\":17999,\"Urban Premium\":109278},\"Title\":\"\",\"SeriesTitle\":\"Rural vs Urban Premium - Health & Accident\",\"colorCodes\":[\"#956d33\",\" #cf8900\"],\"dataLabelsFlag\":\"yes\"});\n                    });\n                <\/script>\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: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.5.4<\/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\":{\"Categories\":{\"Health - Retail\":47291,\"Health - Group\":60819,\"Health - Government Schemes\":9387,\"Overseas Medical Insurance\":1344,\"Personal Accident\":8589}},\"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\":[\"#cf8900\"]});\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: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 4.5.5<\/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\":{\"Categories\":{\"Health - Retail\":24314748,\"Health - Group\":10267989,\"Health - Government Schemes\":29,\"Overseas Medical Insurance\":3134083,\"Personal Accident\":10859004}},\"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\":[\"#cf8900\"]});\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 18.5% over the period 2015-16 to 2024-25. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":272,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/280"}],"collection":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=280"}],"version-history":[{"count":55,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/280\/revisions"}],"predecessor-version":[{"id":4489,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/280\/revisions\/4489"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/272"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}