Document Detail
Title: Monthly Business Figures - Life
Reference No.: May, 2012
Date: 26/06/2012
First Year Premium of Life Insurers for the Period ended May, 2012
First Year Premium of Life Insurers for the Period ended May, 2012 | (`crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
May, 2012 | Upto May, 12 | Upto May,2011 | May, 2012 | Upto May, 12 | Upto May,2011 | May, 2012 | Upto May, 12 | Upto May,2011 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 23.40 | 27.93 | 38.46 | 3604 | 5771 | 4678 | ||||
Individual Non-Single Premium | 54.14 | 81.02 | 126.48 | 46024 | 70497 | 102999 | ||||
Group Single Premium | 33.99 | 52.25 | 22.94 | 10 | 12 | 2 | 27616 | 37938 | 27499 | |
Group Non-Single Premium | 78.46 | 117.40 | 30.87 | 29 | 48 | 124 | 1211243 | 2231155 | 1301982 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 0.31 | 0.82 | 3.07 | 26 | 79 | 345 | ||||
Individual Non-Single Premium | 27.42 | 40.89 | 45.77 | 11320 | 17130 | 25438 | ||||
Group Single Premium | 0.05 | 0.15 | 0.44 | 0 | 0 | 0 | 9 | 27 | 107 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 8.02 | 14.01 | 12.71 | 1127 | 5861 | 3686 | ||||
Individual Non-Single Premium | 59.66 | 95.35 | 117.63 | 53161 | 88293 | 127442 | ||||
Group Single Premium | 1.31 | 2.81 | 2.94 | 8 | 24 | 27 | 150070 | 148860 | 186663 | |
Group Non-Single Premium | 11.54 | 54.41 | 20.15 | 16 | 49 | 55 | 4536 | 50593 | 76447 | |
4 | SBI Life | |||||||||
Individual Single Premium | 35.67 | 57.30 | 143.23 | 2574 | 3980 | 11096 | ||||
Individual Non-Single Premium | 78.74 | 128.02 | 134.96 | 36072 | 54480 | 51084 | ||||
Group Single Premium | 362.45 | 456.67 | 298.84 | 4 | 6 | 36 | 16400 | 38554 | 30538 | |
Group Non-Single Premium | 20.15 | 27.71 | 14.32 | 8 | 13 | 10 | 27446 | 75095 | 77097 | |
5 | Tata AIG | |||||||||
Individual Single Premium | 3.95 | 6.39 | 27.83 | 281 | 548 | 2381 | ||||
Individual Non-Single Premium | 23.47 | 49.69 | 90.30 | 10856 | 23458 | 45913 | ||||
Group Single Premium | 8.02 | 13.84 | 7.15 | 0 | 0 | 0 | 13418 | 23505 | 15712 | |
Group Non-Single Premium | 5.51 | 8.24 | 14.17 | 14 | 47 | 10 | 22240 | 28105 | 146948 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 8.52 | 15.26 | 32.27 | 963 | 2865 | 3325 | ||||
Individual Non-Single Premium | 166.18 | 243.23 | 190.17 | 43312 | 68248 | 52428 | ||||
Group Single Premium | 145.18 | 169.04 | 24.56 | 48 | 70 | 54 | 120043 | 227206 | 80919 | |
Group Non-Single Premium | -6.16 | -0.01 | 44.59 | 0 | 0 | 2 | -210 | 11 | 495 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 11.68 | 17.21 | 58.86 | 716 | 961 | 4696 | ||||
Individual Non-Single Premium | 157.23 | 265.70 | 208.61 | 65896 | 133281 | 202607 | ||||
Group Single Premium | 47.13 | 74.27 | 78.46 | 21 | 48 | 67 | 191172 | 305165 | 234259 | |
Group Non-Single Premium | 59.94 | 87.34 | 196.16 | 2 | 4 | 7 | 18107 | 19047 | 245353 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 1.31 | 2.01 | 5.64 | 87 | 140 | 205 | ||||
Individual Non-Single Premium | 67.06 | 104.73 | 135.14 | 38362 | 78211 | 67578 | ||||
Group Single Premium | 0.50 | 0.89 | 0.65 | 0 | 0 | 0 | 101 | 169 | 144 | |
Group Non-Single Premium | 63.51 | 100.98 | 20.19 | 42 | 76 | 33 | 108063 | 284653 | 161490 | |
9 | Aviva | |||||||||
Individual Single Premium | 0.88 | 1.57 | 7.88 | 31 | 151 | 374 | ||||
Individual Non-Single Premium | 20.50 | 34.75 | 38.55 | 10920 | 20829 | 12517 | ||||
Group Single Premium | 0.04 | 0.06 | 0.15 | 0 | 0 | 0 | 97 | 169 | 694 | |
Group Non-Single Premium | 103.25 | 112.51 | 5.91 | 7 | 17 | 12 | -73215 | -103617 | -217241 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 5.69 | 11.60 | 22.21 | 469 | 686 | 1804 | ||||
Individual Non-Single Premium | 20.12 | 31.34 | 36.87 | 9998 | 14731 | 13444 | ||||
Group Single Premium | 10.40 | 18.06 | 13.02 | 4 | 5 | 3 | 133926 | 303481 | 52946 | |
Group Non-Single Premium | 14.27 | 21.40 | 23.66 | 67 | 112 | 151 | 106073 | 176823 | 286952 | |
11 | Max New York | |||||||||
Individual Single Premium | 13.63 | 29.79 | 29.82 | 14 | 39 | 18 | ||||
Individual Non-Single Premium | 70.71 | 143.58 | 193.28 | 28681 | 54338 | 85248 | ||||
Group Single Premium | 8.18 | 16.10 | 12.53 | 3 | 12 | 12 | 1693 | 3084 | 24268 | |
Group Non-Single Premium | 3.66 | 4.80 | 8.20 | 140 | 349 | 262 | 42980 | 59956 | 1423150 | |
12 | Met Life | |||||||||
Individual Single Premium | 27.90 | 71.58 | 4.48 | 4815 | 11551 | 575 | ||||
Individual Non-Single Premium | 49.76 | 85.60 | 38.08 | 19002 | 27539 | 19060 | ||||
Group Single Premium | 0.31 | 0.34 | 1.44 | 0 | 0 | 0 | 2675 | 2768 | 2202 | |
Group Non-Single Premium | 2.73 | 4.26 | 8.55 | 30 | 44 | 56 | 76509 | 131366 | 132891 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 0.65 | 1.67 | 1.79 | 173 | 335 | 384 | ||||
Individual Non-Single Premium | 2.69 | 3.75 | 3.34 | 3998 | 5081 | 4098 | ||||
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 | 7.12 | 16.45 | 22.10 | 1005 | 2119 | 2464 | ||||
Individual Non-Single Premium | 10.97 | 22.66 | 15.15 | 7147 | 14069 | 12076 | ||||
Group Single Premium | 6.34 | 13.54 | 8.54 | 0 | 0 | 0 | 27750 | 58143 | 29247 | |
Group Non-Single Premium | 1.37 | 1.82 | 0.28 | 15 | 15 | 2 | 74325 | 98353 | 14678 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.00 | 0.00 | 0.26 | -1 | -1 | 35 | ||||
Individual Non-Single Premium | 11.24 | 19.29 | 19.53 | 6300 | 10253 | 12681 | ||||
Group Single Premium | 1.87 | 2.96 | 2.90 | 0 | 0 | 0 | 766 | 1435 | 1020 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 0.90 | 1.80 | 3.86 | 120 | 254 | 541 | ||||
Individual Non-Single Premium | 10.18 | 15.93 | 28.44 | 8160 | 12604 | 14551 | ||||
Group Single Premium | 0.00 | 0.00 | 0.13 | 0 | 0 | 1 | 1 | 1 | 18 | |
Group Non-Single Premium | 0.99 | 1.25 | 0.95 | 7 | 9 | 19 | 9770 | 11624 | 6815 | |
17 | IDBI Federal | |||||||||
Individual Single Premium | 1.72 | 2.99 | 6.70 | 395 | 529 | 912 | ||||
Individual Non-Single Premium | 9.10 | 12.20 | 10.40 | 4133 | 5297 | 5531 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 1.06 | 1.26 | 1.71 | 1 | 1 | 15 | 9731 | 29585 | 152970 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | 0.00 | 0.00 | 0.01 | 0 | 0 | 0 | ||||
Individual Non-Single Premium | 27.85 | 59.54 | 80.82 | 4739 | 8554 | 9485 | ||||
Group Single Premium | 0.25 | 0.36 | 0.76 | 0 | 0 | 0 | 85 | 123 | 261 | |
Group Non-Single Premium | 18.07 | 19.03 | 3.50 | 4 | 5 | 0 | 11999 | 41735 | 0 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 0.64 | 0.92 | 4.57 | 19 | 63 | 204 | ||||
Individual Non-Single Premium | 10.90 | 16.09 | 15.58 | 4649 | 7442 | 6410 | ||||
Group Single Premium | 0.02 | 0.03 | 0.13 | 1 | 1 | 0 | 8 | 49 | 307 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 0.02 | 0.61 | 2.52 | 3 | 91 | 249 | ||||
Individual Non-Single Premium | 9.40 | 20.35 | 10.91 | 7711 | 16357 | 8062 | ||||
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 | 12.60 | 17.22 | 34.95 | 940 | 1318 | 2254 | ||||
Individual Non-Single Premium | 9.48 | 11.94 | 16.87 | 6078 | 7634 | 6153 | ||||
Group Single Premium | 2.71 | 3.86 | 6.76 | 0 | 0 | 0 | 1746 | 2377 | 1922 | |
Group Non-Single Premium | 1.30 | 1.41 | 0.19 | 4 | 7 | 4 | 31004 | 33397 | 11725 | |
22 | IndiaFirst | |||||||||
Individual Single Premium | 2.63 | 4.98 | 65.46 | 249 | 542 | 5725 | ||||
Individual Non-Single Premium | 9.16 | 26.42 | 14.83 | 5695 | 16362 | 5674 | ||||
Group Single Premium | 5.05 | 6.27 | 2.64 | 2 | 3 | 0 | 2725 | 3825 | 1465 | |
Group Non-Single Premium | 0.93 | 2.58 | 1.60 | 3 | 8 | 10 | 70564 | 120852 | 28346 | |
23 | Edelweiss Tokio | |||||||||
Individual Single Premium | 0.04 | 0.04 | 1 | 1 | ||||||
Individual Non-Single Premium | 1.04 | 1.57 | 629 | 924 | ||||||
Group Single Premium | 0.05 | 0.12 | 0 | 0 | 5 | 8 | ||||
Group Non-Single Premium | 0.11 | 0.31 | 4 | 11 | 1725 | 3467 | ||||
Private Total | ||||||||||
Individual Single Premium | 167.26 | 302.17 | 528.68 | 17611 | 37883 | 45951 | ||||
Individual Non-Single Premium | 906.99 | 1513.63 | 1571.70 | 432843 | 755612 | 890479 | ||||
Group Single Premium | 633.86 | 831.63 | 484.97 | 101 | 181 | 202 | 690306 | 1156887 | 690191 | |
Group Non-Single Premium | 380.70 | 566.69 | 395.01 | 393 | 815 | 772 | 1752890 | 3292200 | 3850098 | |
24 | LIC | |||||||||
Individual Single Premium | 757.05 | 1317.58 | 2382.01 | 124337 | 215052 | 432908 | ||||
Individual Non-Single Premium | 2249.23 | 4092.69 | 2643.51 | 1852150 | 3035038 | 2951977 | ||||
Group Single Premium | 2263.78 | 3608.83 | 2118.82 | 8 | 13 | 1214 | 12902 | 105514 | 1648800 | |
Group Non-Single Premium | 132.93 | 195.61 | 2128.74 | 1304 | 2183 | 593 | 1898818 | 4279422 | 342385 | |
Grand Total | ||||||||||
Individual Single Premium | 924.31 | 1619.74 | 2910.69 | 141948 | 252935 | 478859 | ||||
Individual Non-Single Premium | 3156.23 | 5606.32 | 4215.21 | 2284993 | 3790650 | 3842456 | ||||
Group Single Premium | 2897.64 | 4440.46 | 2603.79 | 109 | 194 | 1416 | 703208 | 1262401 | 2338991 | |
Group Non-Single Premium | 513.63 | 762.30 | 2523.75 | 1697 | 2998 | 1365 | 3651708 | 7571622 | 4192483 | |
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 |