PSU companies continue dominance in health insurance sector
By TIOL News Service
NEW DELHI, APR 12, 2017: AS per the information furnished by Insurance Regulatory and Development Authority of India (IRDAI), the health insurance premium collected by all general and health insurance companies in the past three years including the share of public sector and private sector insurance companies is as under:
(Amount in Rs. crores)
|
Sectors
|
2013-14
|
2014-15
|
2015-16
|
Private Sector General insurers
|
4482
|
4386
|
4911
|
Stand-alone Health Insurers
|
2172
|
2828
|
3946
|
Private Sector Companies Total
|
6654 (38%)
|
7214 (36%)
|
8857 (36%)
|
Public Sector Companies Total
|
10841(62%)
|
12882(64%)
|
15591(64%)
|
Industry Total
|
17,495 (100%)
|
20,096 (100%)
|
24,448 (100%)
|
Note : Figures in the bracket indicate the share in total health insurance premium.
This was stated by Mr Santosh Kumar Gangwar, Minister of State in the Ministry of Finance, in written reply to a question in Rajya Sabha yesterday.
|