Current State of Health Insurance
Health insurance segment posted the highest growth, with its share in the total non-life insurance portfolio increasing from 12.8% in FY’07 to 21.12% in FY’10.
Premium underwritten in FY’10: `8,305 crore.
Compounded Annual Growth Rate (CAGR) from FY’03-10 : 32.59%
Premium and Claims Paid
| Year | Premium (in Rs-crores) | No. of persons Covered (in lakhs) | No. of Claims Reported | Loss ratio % |
|---|---|---|---|---|
| FY'2010 - 11* | 7,803 | 548 | 3263597 | 96% |
| FY'2011 - 12* | 11031 | 2118 | 3788261 | 94% |
| FY'2012 - 13* | 15453 | 2073 | 4370606 | 94% |
| FY'2013 - 14* | 17495 | 2162 | 5522107 | 83% |
| FY'2014 - 15* | 20096 | 2880 | 9745849 | 101% |
Future of Health Insurance
Hospitals and Insurance
Why should Healthcare establishments embrace health insurance?
