HDFC ERGO own-damage motor insurance combined ratio FY 2015-2019

Published by Sandhya Keelery, Aug 30, 2024
In financial year 2019, the private insurer HDFC ERGO had a combined ratio of 112 percent in the own-damage motor segment. This was an increase compared to the previous financial year's combined ratio of 101 percent. Overall, a combined ratio over 100 percent indicates that the company is paying out more money than it is earning as insurance premiums.

Combined ratio of HDFC ERGO own-damage motor insurance from financial year 2015 to 2019

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Release date

October 2019

Region

India

Survey time period

FY 2015 to FY 2019

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

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