In financial year 2019, Bajaj insurance had a combined ratio of a little over 100 percent in the own-damage motor segment. This was around 89 percent in the previous financial year, indicating a growth in the company's expenses compared to the premiums it earned.
Combined ratio of Bajaj own-damage motor insurance from financial year 2015 to 2019
Characteristic
Combined ratio
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HDFC Securities. (October 1, 2019). Combined ratio of Bajaj own-damage motor insurance from financial year 2015 to 2019 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1079654/india-bajaj-motor-own-damage-insurance-combined-ratio/
HDFC Securities. "Combined ratio of Bajaj own-damage motor insurance from financial year 2015 to 2019." Chart. October 1, 2019. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1079654/india-bajaj-motor-own-damage-insurance-combined-ratio/
HDFC Securities. (2019). Combined ratio of Bajaj own-damage motor insurance from financial year 2015 to 2019. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1079654/india-bajaj-motor-own-damage-insurance-combined-ratio/
HDFC Securities. "Combined Ratio of Bajaj Own-damage Motor Insurance from Financial Year 2015 to 2019." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1079654/india-bajaj-motor-own-damage-insurance-combined-ratio/
HDFC Securities, Combined ratio of Bajaj own-damage motor insurance from financial year 2015 to 2019 Statista, https://www.statista.com/statistics/1079654/india-bajaj-motor-own-damage-insurance-combined-ratio/ (last visited August 25, 2024)
Combined ratio of Bajaj own-damage motor insurance from financial year 2015 to 2019 [Graph], HDFC Securities, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1079654/india-bajaj-motor-own-damage-insurance-combined-ratio/