In financial year 2021, the General Insurance Corporation of India along with The New India Assurance Co. held the highest market share in the Indian terrorism risk insurance pool. Both the companies had a 16.68 percent market share and held a per risk capacity valued at around 3.3 billion Indian rupees.
Leading terrorism risk insurance company in India in financial year 2021, by market share
The Indian Market Terrorism Risk Insurance Pool is an association of non-life insurers formed in April 2002, after terrorism cover was withdrawn by international reinsurers post 9/11 attacks in the United States. The companies listed in this statistic are all part of this association in India.
India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.
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IRDA (India). (December 23, 2021). Leading terrorism risk insurance company in India in financial year 2021, by market share [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/656817/market-share-of-terrorism-risk-insurers-by-company-india/
IRDA (India). "Leading terrorism risk insurance company in India in financial year 2021, by market share." Chart. December 23, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/656817/market-share-of-terrorism-risk-insurers-by-company-india/
IRDA (India). (2021). Leading terrorism risk insurance company in India in financial year 2021, by market share. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/656817/market-share-of-terrorism-risk-insurers-by-company-india/
IRDA (India). "Leading Terrorism Risk Insurance Company in India in Financial Year 2021, by Market Share." Statista, Statista Inc., 23 Dec 2021, https://www.statista.com/statistics/656817/market-share-of-terrorism-risk-insurers-by-company-india/
IRDA (India), Leading terrorism risk insurance company in India in financial year 2021, by market share Statista, https://www.statista.com/statistics/656817/market-share-of-terrorism-risk-insurers-by-company-india/ (last visited November 22, 2024)
Leading terrorism risk insurance company in India in financial year 2021, by market share [Graph], IRDA (India), December 23, 2021. [Online]. Available: https://www.statista.com/statistics/656817/market-share-of-terrorism-risk-insurers-by-company-india/
