Document Detail
Title: Business Figures - Life
Reference No.: February, 2012
Date: 22/03/2012
First Year Premium of Life Insurers for the Period ended February, 2012
First Year Premium of Life Insurers for the Period ended February, 2012 | (`crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
Feb, 2012 | Upto Feb, 12 | Upto Feb,2011 | Feb, 2012 | Upto Feb, 12 | Upto Feb,2011 | Feb, 2012 | Upto Feb, 12 | Upto Feb,2011 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 62.57 | 429.25 | 662.17 | 16545 | 98777 | 88038 | ||||
Individual Non-Single Premium | 98.72 | 943.63 | 1566.96 | 71591 | 786328 | 1254577 | ||||
Group Single Premium | 27.77 | 237.06 | 262.49 | 5 | 80 | 70 | 21190 | 218894 | 142055 | |
Group Non-Single Premium | 34.50 | 440.56 | 399.27 | 62 | 785 | 1295 | 684354 | 8564764 | 18612825 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 3.55 | 19.81 | 14.50 | 440 | 2238 | 2179 | ||||
Individual Non-Single Premium | 58.93 | 499.23 | 514.31 | 18550 | 197899 | 227886 | ||||
Group Single Premium | 0.07 | 1.84 | 6.75 | 0 | 0 | 0 | 15 | 365 | 1307 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.25 | 0 | 0 | 0 | 0 | 0 | 138 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 25.27 | 245.57 | 486.50 | 3351 | 31368 | 64997 | ||||
Individual Non-Single Premium | 100.45 | 920.03 | 1758.32 | 94803 | 903554 | 1634072 | ||||
Group Single Premium | 3.31 | 34.64 | 29.21 | 9 | 175 | 187 | 115849 | 1030792 | 579536 | |
Group Non-Single Premium | 164.82 | 308.86 | 98.61 | 11 | 171 | 121 | 15347 | 247689 | 156803 | |
4 | SBI Life | |||||||||
Individual Single Premium | 115.11 | 1119.56 | 1416.20 | 5313 | 83478 | 127298 | ||||
Individual Non-Single Premium | 194.59 | 1505.36 | 2445.71 | 60710 | 623396 | 653316 | ||||
Group Single Premium | 171.12 | 1788.32 | 1571.04 | 26 | 141 | 105 | 48184 | 199515 | 331243 | |
Group Non-Single Premium | 22.76 | 167.26 | 412.35 | 12 | 133 | 52 | 30025 | 745598 | 723255 | |
5 | Tata AIG | |||||||||
Individual Single Premium | 7.38 | 116.84 | 159.43 | 513 | 8643 | 19026 | ||||
Individual Non-Single Premium | 45.29 | 525.52 | 796.54 | 18740 | 237797 | 478232 | ||||
Group Single Premium | 8.10 | 65.42 | 35.27 | 0 | 5 | 11 | 14156 | 124147 | 92080 | |
Group Non-Single Premium | 20.25 | 118.41 | 100.91 | 10 | 83 | 59 | 2290 | 378028 | 352372 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 11.03 | 176.85 | 421.22 | 41592 | 63122 | 202253 | ||||
Individual Non-Single Premium | 270.59 | 2189.61 | 2489.25 | 67698 | 526136 | 536930 | ||||
Group Single Premium | 61.34 | 491.08 | 8.01 | 43 | 319 | 186 | 214994 | 1038665 | 262889 | |
Group Non-Single Premium | 10.01 | 195.83 | 329.18 | 0 | 11 | 45 | 200 | 2899 | 252300 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 15.00 | 228.59 | 1535.36 | 711 | 13719 | 98253 | ||||
Individual Non-Single Premium | 292.26 | 2386.50 | 3223.14 | 71300 | 931512 | 1116551 | ||||
Group Single Premium | 53.96 | 487.96 | 214.25 | 9 | 160 | 137 | 94405 | 1631788 | 2087087 | |
Group Non-Single Premium | 160.86 | 963.72 | 737.79 | 1 | 36 | 35 | 17791 | 540491 | 503418 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 3.75 | 67.72 | 28.67 | 108 | 1498 | 27656 | ||||
Individual Non-Single Premium | 90.70 | 939.17 | 1353.16 | 70397 | 724095 | 892264 | ||||
Group Single Premium | 0.13 | 3.53 | 5.16 | 0 | 1 | 2 | 54 | 764 | 1140 | |
Group Non-Single Premium | 14.46 | 493.51 | 294.19 | 47 | 335 | 194 | 72323 | 854350 | 634140 | |
9 | Aviva | |||||||||
Individual Single Premium | 3.05 | 35.78 | 69.14 | 706 | 7591 | 4096 | ||||
Individual Non-Single Premium | 40.77 | 363.90 | 465.67 | 16976 | 131438 | 157710 | ||||
Group Single Premium | 0.06 | 0.79 | 0.58 | 0 | 0 | 3 | 327 | 2893 | 3479 | |
Group Non-Single Premium | 5.12 | 185.30 | 42.93 | 7 | 91 | 125 | -72854 | -880588 | 1446699 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 35.54 | 254.88 | 113.79 | 3142 | 16015 | 9898 | ||||
Individual Non-Single Premium | 42.24 | 332.02 | 615.63 | 15609 | 140587 | 211974 | ||||
Group Single Premium | 10.62 | 109.71 | 98.27 | 8 | 48 | 5 | 141582 | 1214761 | 423417 | |
Group Non-Single Premium | 12.34 | 135.05 | 129.53 | 28 | 542 | 592 | 38911 | 1129873 | 1320069 | |
11 | Max New York | |||||||||
Individual Single Premium | 18.47 | 203.44 | 195.23 | 42 | 629 | 1272 | ||||
Individual Non-Single Premium | 122.04 | 1224.90 | 1485.88 | 42874 | 483241 | 727036 | ||||
Group Single Premium | 15.01 | 100.75 | 39.81 | 1 | 17 | 29 | 3526 | 47744 | 1484094 | |
Group Non-Single Premium | 3.60 | 45.39 | 68.53 | 42 | 783 | 643 | -29854 | 2227836 | 8174428 | |
12 | Met Life | |||||||||
Individual Single Premium | 28.42 | 261.52 | 130.29 | 4234 | 30815 | 17946 | ||||
Individual Non-Single Premium | 33.18 | 390.96 | 406.04 | 14107 | 134907 | 144282 | ||||
Group Single Premium | 0.10 | 6.35 | 10.30 | 0 | 2 | 6 | 489 | 12773 | 9190 | |
Group Non-Single Premium | 7.01 | 257.26 | 35.73 | 7 | 379 | 255 | 38703 | 1104044 | 2160035 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 1.29 | 17.98 | 33.85 | 303 | 3893 | 7634 | ||||
Individual Non-Single Premium | 3.17 | 33.30 | 39.00 | 5173 | 49963 | 46551 | ||||
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 | 3 | 0 | 0 | 712 | |
14 | Shriram Life | |||||||||
Individual Single Premium | 13.04 | 155.90 | 277.43 | 1638 | 19580 | 31989 | ||||
Individual Non-Single Premium | 13.29 | 115.18 | 140.84 | 9522 | 91349 | 71355 | ||||
Group Single Premium | 6.09 | 63.66 | 76.12 | 0 | 0 | 1 | 25744 | 266736 | 307280 | |
Group Non-Single Premium | 1.34 | 7.99 | 3.68 | 4 | 30 | 7 | 68422 | 446575 | 389334 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.09 | 1.04 | 4.75 | 5 | 147 | 2995 | ||||
Individual Non-Single Premium | 20.67 | 150.92 | 286.93 | 7530 | 84171 | 133324 | ||||
Group Single Premium | 2.12 | 23.97 | 17.27 | 0 | 1 | 3 | 854 | 8759 | 9245 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 4.04 | 33.03 | 41.62 | 582 | 4842 | 5591 | ||||
Individual Non-Single Premium | 22.04 | 211.68 | 286.65 | 16228 | 133465 | 269182 | ||||
Group Single Premium | 0.01 | 0.24 | 0.10 | -1 | 1 | 1 | 3 | 58 | 2241 | |
Group Non-Single Premium | 4.27 | 40.81 | 26.98 | 4 | 109 | 93 | 3748 | 88871 | 2151976 | |
17 | IDBI Federal | |||||||||
Individual Single Premium | 4.97 | 81.32 | 145.81 | 1006 | 6640 | 16060 | ||||
Individual Non-Single Premium | 18.35 | 149.52 | 212.40 | 6795 | 57936 | 75533 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 1.49 | 14.89 | 8.23 | 0 | 16 | 11 | 14476 | 316780 | 606993 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | 0.00 | 0.08 | 5.31 | 0 | 1 | 254 | ||||
Individual Non-Single Premium | 44.29 | 390.99 | 603.71 | 7308 | 57413 | 95054 | ||||
Group Single Premium | 0.29 | 3.51 | 13.96 | 0 | 1 | 3 | 84 | 1058 | 7915 | |
Group Non-Single Premium | 0.72 | 174.65 | 56.06 | 2 | 22 | 4 | 2426 | 118657 | 51027 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 1.86 | 14.70 | 11.47 | 344 | 1193 | 1410 | ||||
Individual Non-Single Premium | 16.29 | 151.38 | 187.46 | 6984 | 60388 | 67481 | ||||
Group Single Premium | 0.01 | 0.45 | 0.53 | 0 | 0 | 1 | 28 | 846 | 1332 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 0.25 | 9.42 | 2.13 | 20 | 1092 | 281 | ||||
Individual Non-Single Premium | 8.71 | 77.49 | 59.83 | 6178 | 57617 | 29704 | ||||
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 | 59.74 | 364.99 | 259.89 | 4242 | 24853 | 17210 | ||||
Individual Non-Single Premium | 20.58 | 199.90 | 180.32 | 11284 | 102351 | 59923 | ||||
Group Single Premium | 4.61 | 49.80 | 43.46 | 0 | 1 | 4 | 2161 | 23778 | 36687 | |
Group Non-Single Premium | 4.09 | 148.49 | 17.80 | 3 | 41 | 51 | 19636 | 242499 | 191222 | |
22 | IndiaFirst | |||||||||
Individual Single Premium | 4.46 | 195.93 | 168.68 | 425 | 15480 | 12702 | ||||
Individual Non-Single Premium | 25.04 | 113.84 | 227.60 | 16668 | 61376 | 83804 | ||||
Group Single Premium | 1.32 | 25.85 | 10.64 | 0 | 3 | 7 | 111268 | 138367 | 9019 | |
Group Non-Single Premium | 8.20 | 148.06 | 21.98 | 4 | 49 | 16 | 21558 | 1133228 | 723097 | |
23 | Edelweiss Tokio | |||||||||
Individual Single Premium | 0.00 | 0.10 | 1 | 4 | ||||||
Individual Non-Single Premium | 1.02 | 5.00 | 675 | 3346 | ||||||
Group Single Premium | 0.00 | 0.08 | 0 | 1 | 0 | 7 | ||||
Group Non-Single Premium | 0.00 | 0.00 | 0 | 0 | 0 | 0 | ||||
Private Total | ||||||||||
Individual Single Premium | 418.90 | 4034.28 | 6183.41 | 85263 | 435618 | 759038 | ||||
Individual Non-Single Premium | 1583.23 | 13820.04 | 19345.37 | 657700 | 6580265 | 8966741 | ||||
Group Single Premium | 366.05 | 3494.99 | 2443.22 | 100 | 956 | 761 | 794913 | 5962710 | 5791236 | |
Group Non-Single Premium | 475.85 | 3846.04 | 2784.02 | 244 | 3616 | 3601 | 927502 | 17261594 | 38450843 | |
24 | LIC | |||||||||
Individual Single Premium | 927.37 | 9741.26 | 24502.41 | 145758 | 1528308 | 4071768 | ||||
Individual Non-Single Premium | 3047.73 | 23057.32 | 19265.71 | 3061240 | 26537802 | 25360881 | ||||
Group Single Premium | 1448.19 | 21681.34 | 18490.73 | 1522 | 16881 | 15087 | 2790376 | 23140138 | 18539976 | |
Group Non-Single Premium | 251.82 | 10340.56 | 10862.76 | 401 | 4814 | 4987 | 354889 | 8167321 | 13062194 | |
Grand Total | ||||||||||
Individual Single Premium | 1346.26 | 13775.54 | 30685.82 | 231021 | 1963926 | 4830806 | ||||
Individual Non-Single Premium | 4630.97 | 36877.36 | 38611.08 | 3718940 | 33118067 | 34327622 | ||||
Group Single Premium | 1814.24 | 25176.33 | 20933.95 | 1622 | 17837 | 15848 | 3585289 | 29102848 | 24331212 | |
Group Non-Single Premium | 727.68 | 14186.60 | 13646.78 | 645 | 8430 | 8588 | 1282391 | 25428915 | 51513037 | |
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 |