Covid claims may touch $1.4bn in 2020: ICICI Securities

As per data, Covid claims have risen to Rs 2,658 crore by end of August from Rs 176 crore in June. "Till August, total Covid claim amount is estimated at 11% of non-life health gross direct premium income (GDPI). It could be higher as a share of health net earned premium (NEP) depending on reinsurance arrangements," said Ansuman Deb, analyst, ICICI Securities.

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