ICICI Lombard General Insurance Company had the biggest market share amongst private non-life insurers during April-December 2011.
According to segment-wise figures released by the Insurance Regulatory and Development Authority, ICICI Lombard had a market share of 9.07 per cent.
It has reported Rs 3,812 crore in total gross premium underwritten across all segments compared with Rs 3,123 crore in the year-ago period.
In terms of market share, the company, however, had seen a marginal decline of about 15 basis points.
Bajaj Allianz stood second with a market share of 5.67 per cent and Rs 2,384 crore in premium underwritten.
The total gross premium underwritten by private non-life insurers had gone up from Rs 13,825 crore to Rs 17,525 crore. This represented 41.70 per cent of the entire non-life sector.
Public sector players
Among the public sector players, New India had the highest market share of 14.96 per cent with Rs 6,287 crore of the total gross premium underwritten.
United India followed with 13.82 per cent market share and a premium of Rs 5,808 crore.
The motor and health segments contributed the highest premium at Rs 8,825 crore (Rs 6,501 crore) and Rs 4,003 crore (Rs 3,426 crore) respectively.