In financial year 2019, the private insurance company, Royal Sundaram had a customer retention rate of around 75 percent in the own-damage motor segment. This was steady at around 95 percent between the financial years of 2015 and 2017, indicating a drop in the company's customer retention capacities over the last two years.
Retention rate of Royal Sundaram own-damage motor insurance from financial year 2015 to 2019
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HDFC Securities. (October 1, 2019). Retention rate of Royal Sundaram own-damage motor insurance from financial year 2015 to 2019 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1079493/india-royal-sundaram-motor-own-damage-insurance-retention-rate/
HDFC Securities. "Retention rate of Royal Sundaram own-damage motor insurance from financial year 2015 to 2019." Chart. October 1, 2019. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1079493/india-royal-sundaram-motor-own-damage-insurance-retention-rate/
HDFC Securities. (2019). Retention rate of Royal Sundaram own-damage motor insurance from financial year 2015 to 2019. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1079493/india-royal-sundaram-motor-own-damage-insurance-retention-rate/
HDFC Securities. "Retention Rate of Royal Sundaram Own-damage Motor Insurance from Financial Year 2015 to 2019." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1079493/india-royal-sundaram-motor-own-damage-insurance-retention-rate/
HDFC Securities, Retention rate of Royal Sundaram own-damage motor insurance from financial year 2015 to 2019 Statista, https://www.statista.com/statistics/1079493/india-royal-sundaram-motor-own-damage-insurance-retention-rate/ (last visited December 19, 2024)
Retention rate of Royal Sundaram own-damage motor insurance from financial year 2015 to 2019 [Graph], HDFC Securities, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1079493/india-royal-sundaram-motor-own-damage-insurance-retention-rate/
