In financial year 2019, the public insurance company, New India Assurance had a customer retention rate of around 93 percent in the own-damage motor segment. Overall the company had high retention rates in the past five years and was one of the leading insurance companies in the country in terms of its premium market share.
Retention rate of New India Assurance own-damage motor insurance from financial year 2015 to 2019
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HDFC Securities. (October 1, 2019). Retention rate of New India Assurance own-damage motor insurance from financial year 2015 to 2019 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1079487/india-new-india-assurance-motor-own-damage-insurance-retention-rate/
HDFC Securities. "Retention rate of New India Assurance own-damage motor insurance from financial year 2015 to 2019." Chart. October 1, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1079487/india-new-india-assurance-motor-own-damage-insurance-retention-rate/
HDFC Securities. (2019). Retention rate of New India Assurance own-damage motor insurance from financial year 2015 to 2019. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1079487/india-new-india-assurance-motor-own-damage-insurance-retention-rate/
HDFC Securities. "Retention Rate of New India Assurance Own-damage Motor Insurance from Financial Year 2015 to 2019." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1079487/india-new-india-assurance-motor-own-damage-insurance-retention-rate/
HDFC Securities, Retention rate of New India Assurance own-damage motor insurance from financial year 2015 to 2019 Statista, https://www.statista.com/statistics/1079487/india-new-india-assurance-motor-own-damage-insurance-retention-rate/ (last visited December 22, 2024)
Retention rate of New India Assurance own-damage motor insurance from financial year 2015 to 2019 [Graph], HDFC Securities, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1079487/india-new-india-assurance-motor-own-damage-insurance-retention-rate/
