Total number of claims at 6.4 million in FY13: IIB

India Infoline News Service | Mumbai |

The total premium from the motor segment was Rs. 284.6 billion for FY13

General insurance total claims stood at Rs. 175.89 billion in the motor segment for the financial year ended March 30, 2013, according to Insurance Information Bureau of India (IIB) data.

The total premium from the motor segment was Rs. 284.6 billion for FY13.
Private cars accounted for Rs. 75.06 billion out of the total claims, while goods carrying vehicles accounted for Rs 56.26 billion of the claims in motor segment.

The total number of claims stood at 6.4 million as compared to total policies of 63.6 million for 2012-13.

 

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