statistics non-life insuranceReport Card: GeneralGROSS PREMIUM UNDERWRITTEN FOR AND UP TO THE MONTH OF AUGUST, 2012INSURERAUGUSTAPRIL - AUGUST2012-13 2011-12* 2012-13 2011-12*Note: Compiled on the basis of data submitted by the Insurance companies* Figures revised by insurance companies( M in Crores)(%)GROWTH OVER THECORRESPONDINGPREVIOUS YEARRoyal Sundaram 114.89 117.87 641.38 591.92 8.36Tata-AIG 145.69 127.04 920.43 730.42 26.01Reliance General 157.91 122.08 882.64 782.50 12.80IFFCO-Tokio 218.15 158.49 1,012.11 853.29 18.61ICICI-lombard 454.78 466.17 2,350.37 2,125.91 10.56Bajaj Allianz 337.55 272.15 1,620.31 1,358.16 19.30HDFC ERGO General 221.94 163.84 972.52 772.38 25.91Cholamandalam 127.59 98.36 661.85 546.17 21.18Future Generali 100.41 79.53 472.03 384.16 22.87Universal Sompo 37.23 28.34 203.84 139.56 46.06Shriram General 120.77 90.15 566.15 415.82 36.15Bharti AXA General 83.75 60.71 484.98 324.11 49.63Raheja QBE 2.79 3.31 11.76 7.92 48.48SBI General 51.68 17.19 238.16 75.38 215.94L&T General 10.87 10.83 69.08 49.64 39.16Star Health & Allied Insurance 64.78 30.74 310.84 542.80 -42.73Apollo MUNICH 34.55 28.06 178.82 130.13 37.42Max BUPA 13.51 10.43 63.66 31.01 105.30Religare 1.75 - 9.11 - NANew India 714.55 613.59 4,343.43 3,636.86 19.43National 668.81 568.38 3,614.96 3,036.46 19.05United India 723.90 642.09 4,021.47 3,245.26 23.92Oriental 480.57 451.06 2,760.16 2,455.51 12.41ECGC 89.98 64.70 438.38 374.05 17.20AIC 801.18 849.93 1,093.95 1,138.75 -3.93PRIVATE TOTAL 2,300.58 1,885.28 11,670.02 9,861.28 18.34PUBLIC TOTAL 3,478.99 3,189.75 16,272.35 13,886.89 17.18GRAND TOTAL 5,779.57 5,075.03 27,942.37 23,748.18 17.666000055000Premium underwritten by non-life insurers upto the month of August, 201258,344500004500040000irda journal October 201246Premium ( In Crores)M350003000025000200001500010000500006,5075,62211,3879,62816,58614,063April May June July August Total* Compiled on the basis of data submitted by the Insurance companiesMonth18,67222,16323,74827,942 27,9422011-122012-13
ound upASSOCHAM 6th Global Insurance Summit- “Finding the God Particle”The Associated Chambers of Commerce and Industry of India (ASSOCHAM) organized a two-day GlobalInsurance Summit – “Finding the God Particle” at Mumbai on 24th and 25th September, 2012. The event wasa very timely one with a slew of various reforms being round the corner. Several vital issues like the hike in FDIin insurance; issues associated with capital and investments in the insurance industry; tax reformsconcerning insurance etc. were discussed in detail by several speakers of eminence in the two-day summit.A study paper was released at the summit. Photograph shows(from L to R): Mr. A R Sekar, Joint Chairman, ASSOCHAM Insurance Council, & CMD, The New India Assurance Co. Ltd.;Mr. G. Srinivasan, Co-Chairman, ASSOCHAM Insurance Council, & CMD, United India Insurance Co. Ltd.;Mr. D.S. Rawat, National Secretary General, ASSOCHAM;Mr. J. Hari Narayan, Chairman, <strong>IRDA</strong>;Dr. P. Nandagopal, Chairman, ASSOCHAM Insurance Council, and Managing Director & CEO, IndiaFirst Life Insurance Co.Ltd.;Mr. Rohan Sachdev, Partner, Leader-Insurance, Ernst & Young – with the study paper.irda journal October 201247