Document Detail

Title: Monthly new Business Figures - Life
Reference No.: May-11
Date: 24/06/2011
First Year Premium of Life Insurers for the Period ended May, 2011
First Year Premium of Life Insurers for the Period ended May, 2011 (`crore)
Sl No. Insurer Premium   No. of Policies / Schemes No. of lives covered under Group Schemes

May, 11

Upto May, 11

Upto May, 10

May, 11

Upto May, 11

Upto May, 10

May, 11

Upto May, 11

Upto May, 10
1 Bajaj Allianz                  
  Individual Single Premium 29.03 38.46 85.27 3054 4678 13509      
  Individual Non-Single Premium 64.66 126.48 248.21 59464 102999 228264      
  Group Single Premium 17.82 22.94 9.72 2 2 8 17979 27499 15037
  Group Non-Single Premium 15.26 30.87 30.35 58 124 257 630104 1301982 2839409
2 ING Vysya                  
  Individual Single Premium 1.53 3.07 0.03 192 345 3      
  Individual Non-Single Premium 28.52 45.77 58.06 15181 25438 28284      
  Group Single Premium 0.23 0.44 1.37 0 0 0 60 107 254
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 70
3 Reliance Life                  
  Individual Single Premium 9.26 12.71 23.82 1648 3686 5063      
  Individual Non-Single Premium 67.30 117.63 278.07 70841 127442 239555      
  Group Single Premium 1.21 2.94 2.46 10 27 37 135236 186663 64569
  Group Non-Single Premium 1.82 20.15 13.33 17 55 43 6344 76447 20806
4 SBI Life                  
  Individual Single Premium 105.63 143.23 59.15 7593 11096 7760      
  Individual Non-Single Premium 86.48 134.96 226.56 31921 51084 62127      
  Group Single Premium 197.27 298.84 7.07 10 36 1 4626 30538 735
  Group Non-Single Premium 5.00 14.32 335.11 2 10 9 23887 77097 152138
5 Tata AIG                  
  Individual Single Premium 13.19 27.83 4.84 1102 2381 605      
  Individual Non-Single Premium 37.21 90.30 117.46 20054 45913 78087      
  Group Single Premium 4.42 7.15 4.33 0 0 0 8905 15712 7783
  Group Non-Single Premium 8.01 14.17 7.64 7 10 14 102182 146948 17803
6 HDFC Standard                  
  Individual Single Premium 20.92 32.27 12.08 2106 3325 4038      
  Individual Non-Single Premium 129.42 190.17 312.93 33289 52428 75426      
  Group Single Premium 18.51 24.56 1.98 35 54 39 52181 80919 43413
  Group Non-Single Premium 18.45 44.59 74.08 0 2 9 261 495 38723
7 ICICI Prudential                  
  Individual Single Premium 29.02 58.86 2.60 1869 4696 65      
  Individual Non-Single Premium 111.09 208.61 549.67 107848 202607 204959      
  Group Single Premium 36.66 78.46 54.40 47 67 140 146571 234259 241353
  Group Non-Single Premium 68.83 196.16 156.97 3 7 190 197126 245353 166039
8 Birla Sunlife                  
  Individual Single Premium 3.53 5.64 5.76 106 205 25679      
  Individual Non-Single Premium 79.58 135.14 182.92 42861 67578 224616      
  Group Single Premium 0.47 0.65 0.52 0 0 0 93 144 137
  Group Non-Single Premium 11.10 20.19 58.93 15 33 35 52292 161490 133531
9 Aviva                  
  Individual Single Premium 6.00 7.88 2.93 280 374 121      
  Individual Non-Single Premium 22.84 38.55 63.78 7997 12517 26782      
  Group Single Premium 0.10 0.15 0.03 0 0 0 370 694 82
  Group Non-Single Premium 2.24 5.91 5.46 5 12 16 -136896 -217241 285478
10 Kotak Mahindra Old Mutual                  
  Individual Single Premium 11.19 22.21 10.75 976 1804 952      
  Individual Non-Single Premium 21.61 36.87 76.57 8514 13444 28611      
  Group Single Premium 7.86 13.02 10.52 3 3 0 30986 52946 41830
  Group Non-Single Premium 11.06 23.66 19.55 88 151 137 129876 286952 213441
11 Max New York                  
  Individual Single Premium 14.08 29.82 26.09 19 18 281      
  Individual Non-Single Premium 83.74 193.28 226.61 36349 85248 124562      
  Group Single Premium 6.01 12.53 1.59 2 12 8 3408 24268 425438
  Group Non-Single Premium 5.63 8.20 18.01 67 262 248 71748 1423150 1761163
12 Met Life                  
  Individual Single Premium 3.06 4.48 2.70 368 575 632      
  Individual Non-Single Premium 21.08 38.08 54.58 11415 19060 22158      
  Group Single Premium 0.55 1.44 3.75 0 0 0 1392 2202 1879
  Group Non-Single Premium 6.86 8.55 7.40 27 56 78 61013 132891 367518
13 Sahara Life                  
  Individual Single Premium 1.22 1.79 2.28 258 384 620      
  Individual Non-Single Premium 2.11 3.34 5.59 2767 4098 6920      
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
14 Shriram Life                  
  Individual Single Premium 11.11 22.10 28.70 1307 2464 3260      
  Individual Non-Single Premium 7.69 15.15 27.30 6755 12076 10858      
  Group Single Premium 5.33 8.54 6.11 0 0 0 19196 29247 26165
  Group Non-Single Premium 0.28 0.28 1.52 2 2 2 14678 14678 162190
15 Bharti Axa Life                  
  Individual Single Premium 0.24 0.26 1.02 37 35 734      
  Individual Non-Single Premium 11.50 19.53 48.81 8227 12681 21090      
  Group Single Premium 1.89 2.90 2.84 0 0 0 517 1020 2038
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
16 Future Generali Life                  
  Individual Single Premium 1.43 3.86 0.53 203 541 72      
  Individual Non-Single Premium 16.59 28.44 40.57 8741 14551 36081      
  Group Single Premium 0.13 0.13 0.04 1 1 0 18 18 1044
  Group Non-Single Premium 0.37 0.95 4.14 9 19 14 2846 6815 831945
17 IDBI Federal                  
  Individual Single Premium 3.47 6.70 9.92 651 912 2023      
  Individual Non-Single Premium 5.33 10.40 27.91 3807 5531 9749      
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 1.13 1.71 0.06 0 15 5 35641 152970 15673
18 Canara HSBC OBC Life                  
  Individual Single Premium 0.00 0.01 1.23 0 0 73      
  Individual Non-Single Premium 36.82 80.82 87.19 4572 9485 11619      
  Group Single Premium 0.46 0.76 3.28 0 0 0 151 261 1863
  Group Non-Single Premium 3.50 3.50 0.00 0 0 0 0 0 0
19 Aegon Religare                  
  Individual Single Premium 2.31 4.57 1.18 94 204 54      
  Individual Non-Single Premium 9.68 15.58 17.92 3967 6410 4924      
  Group Single Premium 0.08 0.13 0.11 0 0 0 198 307 238
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
20 DLF Pramerica                  
  Individual Single Premium 1.01 2.52 0.36 107 249 52      
  Individual Non-Single Premium 4.96 10.91 8.99 3910 8062 4151      
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
21 Star Union Dai-ichi                   
  Individual Single Premium 18.74 34.95 17.66 1252 2254 1212      
  Individual Non-Single Premium 9.18 16.87 15.09 3976 6153 4919      
  Group Single Premium 5.36 6.76 5.27 0 0 0 1236 1922 2232
  Group Non-Single Premium 0.16 0.19 0.62 3 4 7 10833 11725 14542
22 IndiaFirst                  
  Individual Single Premium 19.75 65.46 15.13 1470 5725 1366      
  Individual Non-Single Premium 5.76 14.83 46.15 2244 5674 15577      
  Group Single Premium 1.90 2.64 0.20 0 0 2 1041 1465 6782
  Group Non-Single Premium 0.88 1.60 0.00 3 10 2 21262 28346 0
  Private Total                  
  Individual Single Premium 305.74 528.68 314.04 24692.00 45951.00 68174      
  Individual Non-Single Premium 863.15 1571.70 2720.95 494700 890479 1469319      
  Group Single Premium 306.28 484.97 115.60 110 202 235 424164 690191 882872
  Group Non-Single Premium 160.59 395.01 733.17 306 772 1066 1223197 3850098 7020469
23 LIC                  
  Individual Single Premium 1528.42 2382.01 3959.23 286155 432908 648372      
  Individual Non-Single Premium 1492.45 2643.51 3273.81 1672720 2951977 3269264      
  Group Single Premium 1232.36 2118.82 2076.77 728 1214 1986 1322370 1648800 2425687
  Group Non-Single Premium 1301.08 2128.74 773.04 379 593 81 244780 342385 447295
  Grand Total                  
  Individual Single Premium 1834.15 2910.69 4273.26 310847 478859 716546      
  Individual Non-Single Premium 2355.61 4215.21 5994.75 2167420 3842456 4738583      
  Group Single Premium 1538.64 2603.79 2192.36 838 1416 2221 1746534 2338991 3308559
  Group Non-Single Premium 1461.67 2523.75 1506.21 685 1365 1147 1467977 4192483 7467764
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

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

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