Summary Reports of Motor Data of Private Sector Insurers.

- 2007-08
Report MR1 - Vehicle Class wise - Number of Policies, Total Premium, Total Number of Claims, Total Claims Paid and Total Incurred Claims
Amount in Rs (Crores) Amount in Rs (Crores)
Class
Class Description No of Policies Total Premium Total No of Claims Total Claims Paid Total Incurred Claims
Code
11 Private Car 2943084 3393.98 670178 1297.83 1709.97
14 Two wheeler 6485337 1133.17 266757 177.57 247.90
17 Goods Carrying Public (other than 3 wheelers) 739611 1298.83 50438 159.37 227.32
18 Goods Carrying Private (other than 3 wheelers) 17576 24.17 757 2.27 4.25
19 Goods Carrying Public (3 wheelers) 164202 78.41 8026 11.48 30.52
20 Goods Carrying Private (3 wheelers) 18965 5.44 458 0.43 1.25
21 Passengers Carrying 4 wheeler 378846 289.94 28449 69.99 97.10
22 Passengers Carrying 3 wheeler 320410 263.04 12559 24.50 55.10
23 Special Type of Vehicle 284049 243.79 15176 63.54 121.93
24 Two Wheeler (hire or reward) 1292 0.36 46 0.08 0.19
28 Standalone Trailor 2140 0.40 26 0.03 0.06
99 Others 164628 154.36 10149 11.54 66.84
Total 11520140 6885.88 1063019 1818.62 2562.44

Summary Reports of Motor Data of Private Sector Insurers. - 2007-08

Report MR2 - Vehicle Class wise - OD Premium, TP Premium, Total OD Claims Paid, Total TP Claims Paid, OD Incurred Claims and TP Incurred Claims
Amount in Rs (Crores)
Class
Class Description OD Premium TP Premium Total OD Claims Paid Total TP Claims Paid OD Incurred Claims TP Incurred Claims
Code
11 Private Car 2483.94 910.05 1221.72 76.12 1573.77 136.20
14 Two wheeler 614.19 518.99 125.92 51.65 179.18 68.71
17 Goods Carrying Public (other than 3 wheelers) 719.65 579.18 138.40 20.96 136.64 90.68
18 Goods Carrying Private (other than 3 wheelers) 8.94 15.23 1.64 0.63 3.65 0.60
19 Goods Carrying Public (3 wheelers) 31.43 46.98 3.86 7.62 7.27 23.25
20 Goods Carrying Private (3 wheelers) 1.96 3.47 0.38 0.06 0.98 0.28
21 Passengers Carrying 4 wheeler 144.03 145.91 56.34 13.65 54.85 42.25
22 Passengers Carrying 3 wheeler 114.54 148.50 14.86 9.63 27.84 27.25
23 Special Type of Vehicle 194.07 49.71 43.36 20.18 59.76 62.18
24 Two Wheeler (hire or reward) 0.25 0.12 0.02 0.06 0.03 0.16
28 Standalone Trailor 0.30 0.10 0.03 0.00 0.06 0.00
99 Others 109.04 45.32 9.77 1.77 15.01 51.83
Total 4422.33 2463.56 1616.29 202.33 2059.04 503.40

Summary Reports of Motor Data of Private Sector Insurers. - 2007-08

Report MR3 - Vehicle Class wise - OD Claims Paid Ratio ,OD Incurred Claims Ratio ,TP Claims Paid Ratio ,TP Incurred Claims Ratio ,Total Claims Paid Ratio and Total Incurred
Claims Ratio
Percentage
Class OD Incurred Claims TP Incurred Claims Total Claims Paid Total Incurred Claims
Class Description OD Claims Paid Ratio TP Claims Paid Ratio
Code Ratio Ratio Ratio Ratio
11 Private Car 49.18 63.36 8.36 14.97 38.24 50.38
14 Two wheeler 20.50 29.17 9.95 13.24 15.67 21.88
17 Goods Carrying Public (other than 3 wheelers) 19.23 18.99 3.62 15.66 12.27 17.50
18 Goods Carrying Private (other than 3 wheelers) 18.34 40.83 4.12 3.97 9.38 17.60
19 Goods Carrying Public (3 wheelers) 12.28 23.13 16.23 49.50 14.64 38.93
20 Goods Carrying Private (3 wheelers) 19.15 49.90 1.68 7.93 7.99 23.08
21 Passengers Carrying 4 wheeler 39.12 38.08 9.35 28.96 24.14 33.49
22 Passengers Carrying 3 wheeler 12.98 24.31 6.49 18.35 9.31 20.95
23 Special Type of Vehicle 22.34 30.79 40.59 125.07 26.06 50.02
24 Two Wheeler (hire or reward) 7.98 12.95 51.59 136.76 22.06 52.92
28 Standalone Trailor 10.08 19.28 0.00 0.00 7.51 14.37
99 Others 8.96 13.77 3.91 114.38 7.48 43.31
Total 36.55 46.56 8.21 20.43 26.41 37.21
Source IRDA Data Repository

Note : 1 The above table does not include 1 Pvt Sector (i.e. Royal Sundaram Alliance Insurance') Insurer's figures, as the data is not validated or to be resubmitted by them.

Note : 2 The figures are worked out on written premium basis.

Note : 3 The following Class Codes having insignificant number of records are included in 'Others' (12 - Pvt. Car (only 3 wheelers with 750 - 1000 CC),13 - Pvt. Car (only 3 wheelers with less than 750 CC)15 -
Two wheeler (with side car), 16-Three Wheeler invalid carriage with side car-treated as two wheeler,25 -Motor Trade (Road Transit Risk only),26-Motor Trade (Road Risk only,27 - Motor Trade (Internal Risk
only)))
Note : 4 The above statements reflect the summary of data received by TAC from respective companies. The summarised statements have been duly verified and validated by the company concerned.
2551.98 -10.46

8.84 127.36
0.99 67.72
0 90.68
0 0.60
0 23.25
0 0.28
0.17 42.08
0 27.25
0.46 61.72
0 0.16
0 0.00
0 51.83
10.47 492.94 10.47