Document Detail

Title: Business Figures - Life
Reference No.: March, 2011
Date: 25/04/2011
First Year Premium of Life Insurers for the Period ended March, 2011
First Year Premium of Life Insurers for the Period ended March, 2011             (`crore)
Sl No. Insurer Premium   No. of Policies / Schemes No. of lives covered under Group Schemes
March, 11 Upto March, 11 Upto March, 10 March, 11 Upto March, 11 Upto March, 10 March, 11 Upto March, 11 Upto March, 10
1 Bajaj Allianz                  
  Individual Single Premium 117.67 779.83 802.87 14621 102659 117949      
  Individual Non-Single Premium 241.72 1808.68 3082.43 184769 1439346 2111540      
  Group Single Premium 111.27 373.76 76.39 14 84 16 30019 172074 82230
  Group Non-Single Premium 100.87 500.14 489.40 119 1414 1181 1322185 19935010 18210216
2 ING Vysya                  
  Individual Single Premium 4.76 19.26 6.92 566 2745 996      
  Individual Non-Single Premium 118.94 633.25 626.52 43770 271656 289759      
  Group Single Premium 0.35 7.10 8.86 0 0 0 64 1371 2181
  Group Non-Single Premium 0.00 0.25 0.24 0 0 0 0 138 4942
3 Reliance Life                  
  Individual Single Premium 233.23 719.73 264.83 26380 91377 47864      
  Individual Non-Single Premium 180.08 1938.88 3123.43 177236 1811308 2277767      
  Group Single Premium 1.39 30.59 24.80 15 202 213 30801 610337 701119
  Group Non-Single Premium 247.14 345.75 507.46 59 180 310 70718 227521 245348
4 SBI Life                  
  Individual Single Premium 520.08 1936.28 560.99 44092 171390 79206      
  Individual Non-Single Premium 405.70 2851.42 3934.18 115272 768588 1274025      
  Group Single Premium 690.88 2261.92 197.94 53 158 6 114034 445277 85479
  Group Non-Single Premium 108.75 521.10 2347.55 34 86 186 336796 1060051 1527769
5 Tata AIG                  
  Individual Single Premium 22.60 182.03 21.05 1803 20829 3969      
  Individual Non-Single Premium 137.09 933.63 1113.82 54142 532374 685227      
  Group Single Premium 7.20 42.48 27.34 0 11 11 18295 110375 45066
  Group Non-Single Premium 71.66 172.57 159.32 16 75 74 219261 571673 119877
6 HDFC Standard                  
  Individual Single Premium 167.64 588.85 267.50 655 202908 281332      
  Individual Non-Single Premium 416.44 2905.68 2488.51 90694 627624 668928      
  Group Single Premium 123.41 131.42 7.30 40 226 200 158559 421448 187251
  Group Non-Single Premium 110.27 439.45 497.84 19 64 62 45605 297905 206311
7 ICICI Prudential                  
  Individual Single Premium 394.08 1929.44 121.41 25346 123599 10213      
  Individual Non-Single Premium 268.86 3492.00 5092.14 110344 1226895 1751014      
  Group Single Premium 25.97 240.22 161.50 17 154 302 432341 2519428 1407255
  Group Non-Single Premium 1461.53 2199.33 959.25 41 76 341 113601 617019 657389
8 Birla Sunlife                  
  Individual Single Premium 16.73 45.39 42.39 511 28167 135203      
  Individual Non-Single Premium 242.30 1595.46 2244.32 83662 975926 1635518      
  Group Single Premium 0.49 5.65 0.34 1 3 3 115 1255 924
  Group Non-Single Premium 136.44 430.63 671.39 49 243 285 110257 744397 583595
9 Aviva                  
  Individual Single Premium 19.59 88.74 55.33 469 4565 6270      
  Individual Non-Single Premium 111.55 577.23 686.45 28728 186438 233273      
  Group Single Premium 0.18 0.76 0.05 0 3 3 885 4364 51
  Group Non-Single Premium 35.40 78.33 56.83 24 149 118 -27335 1419364 2018985
10 Kotak Mahindra Old Mutual                  
  Individual Single Premium 166.58 280.37 187.81 13250 23148 10107      
  Individual Non-Single Premium 69.33 684.96 924.83 23661 235635 310066      
  Group Single Premium 17.53 115.80 62.41 1 6 18 64238 487655 197358
  Group Non-Single Premium 42.49 172.02 158.93 63 655 544 150844 1470913 803834
11 Max New York                  
  Individual Single Premium 38.11 233.34 193.94 3 1275 6265      
  Individual Non-Single Premium 214.87 1700.75 1564.53 87948 814984 945575      
  Group Single Premium 13.25 53.06 7.67 3 32 30 -166319 1317775 1027066
  Group Non-Single Premium 3.95 72.48 81.93 37 680 607 -903377 7271051 7730169
12 Met Life                  
  Individual Single Premium 10.79 141.08 31.36 1154 19100 4451      
  Individual Non-Single Premium 86.66 492.70 911.24 35829 180111 287286      
  Group Single Premium 1.17 11.48 42.78 3 9 0 3582 12772 18158
  Group Non-Single Premium 22.96 58.69 82.42 43 298 191 359335 2519370 586428
13 Sahara Life                  
  Individual Single Premium 9.68 43.52 42.29 2168 9799 12017      
  Individual Non-Single Premium 8.50 47.50 64.89 13176 59733 72036      
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 0.01 0.02 19.83 5 8 6 396 1108 2212630
14 Shriram Life                  
  Individual Single Premium 47.83 325.26 113.79 5319 37308 17174      
  Individual Non-Single Premium 16.84 157.68 269.19 12667 84022 122462      
  Group Single Premium 12.15 88.27 36.97 0 1 4 44742 352022 147686
  Group Non-Single Premium 0.29 3.97 0.47 4 11 11 28143 417477 61663
15 Bharti Axa Life                  
  Individual Single Premium 13.05 17.81 6.21 25483 28478 15576      
  Individual Non-Single Premium 33.87 320.81 405.33 20406 153730 163174      
  Group Single Premium 6.51 23.78 26.13 0 6 8 8423 17668 31016
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
16 Future Generali Life                  
  Individual Single Premium 40.03 81.65 9.03 5243 10834 1297      
  Individual Non-Single Premium 42.53 329.17 445.02 33938 303120 334396      
  Group Single Premium 0.00 0.10 0.11 0 1 1 0 2241 1917
  Group Non-Single Premium 10.94 37.92 31.66 16 109 111 10558 2162534 2916319
17 IDBI Federal                  
  Individual Single Premium 35.56 181.37 115.02 2644 18704 15841      
  Individual Non-Single Premium 39.46 251.86 285.42 14153 89686 80923      
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 3.49 11.72 0.11 0 11 5 89312 696305 41442
18 Canara HSBC OBC Life                  
  Individual Single Premium 0.00 5.31 11.98 0 254 581      
  Individual Non-Single Premium 88.89 692.60 621.70 15990 111044 99275      
  Group Single Premium 1.31 15.27 6.52 0 3 4 451 8366 3863
  Group Non-Single Premium 53.51 109.57 0.07 2 6 1 44758 95785 8073
19 Aegon Religare                  
  Individual Single Premium 11.73 23.11 3.90 8445 9855 4913      
  Individual Non-Single Premium 49.20 236.67 146.42 15847 83328 44947      
  Group Single Premium 0.08 0.61 0.05 1 1 3 10152 11484 7632
  Group Non-Single Premium 14.47 14.47 0.00 10 10 0 11195 11195 0
20 DLF Pramerica                  
  Individual Single Premium 2.83 5.00 1.38 318 604 192      
  Individual Non-Single Premium 9.22 69.02 35.97 6588 36287 19292      
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 0.00 0.00 0.01 0 0 1 0 0 7500
21 Star Union Dai-ichi                   
  Individual Single Premium 104.41 364.31 239.07 6472 23682 23227      
  Individual Non-Single Premium 45.40 225.72 250.98 14125 74048 84995      
  Group Single Premium 7.00 50.45 25.79 1 5 7 4349 41036 22754
  Group Non-Single Premium 100.27 118.07 3.65 16 67 33 121736 312958 48300
22 IndiaFirst #                  
  Individual Single Premium 93.00 261.68 38.85 6266 18968 3456      
  Individual Non-Single Premium 24.33 251.93 162.74 9078 92882 67300      
  Group Single Premium 4.23 14.87 0.00 1 8 0 3017 12036 0
  Group Non-Single Premium 154.30 176.28 0.00 14 30 0 561781 1284878 0
  Private Total                  
  Individual Single Premium 2070.00 8253.37 3137.92 191208.00 950248.00 798099      
  Individual Non-Single Premium 2851.78 22197.59 28480.09 1192023 10158765 13558778      
  Group Single Premium 1024.36 3467.58 712.96 150 913 829 757748 6548984 3969006
  Group Non-Single Premium 2678.74 5462.76 6068.36 571 4172 4067 2665769 41116652 37990790
23 LIC                  
  Individual Single Premium 3117.74 27620.15 26539.59 572097 4643865 5951076      
  Individual Non-Single Premium 5317.79 24583.49 23575.90 7007531 32368412 32887823      
  Group Single Premium 4398.40 22889.13 20775.56 4205 19292 23763 3027579 21567555 38733489
  Group Non-Single Premium 489.20 11351.95 0.00 1230 6217 0 1030450 14092644 0
  Grand Total                  
  Individual Single Premium 5187.74 35873.52 29677.51 763305 5594113 6749175      
  Individual Non-Single Premium 8169.56 46781.08 52055.99 8199554 42527177 46446601      
  Group Single Premium 5422.76 26356.71 21488.51 4355 20205 24592 3785327 28116539 42702495
  Group Non-Single Premium 3167.94 16814.72 6068.36 1801 10389 4067 3696219 55209296 37990790
Note:  1.Cumulative premium / No.of  policies upto the month is net of cancellations which may occur during the free look period.        
          2. Compiled on the basis of data submitted by the Insurance companies            

  • Download

  • file icon

    First Year Premium of Life Insurers for the Period ended March, 2011.xls

    70 KB