Document Detail
Title: Monthly business figures - Life
Reference No.: February, 2013
Date: 19/03/2013
First Year Premium of Life Insurers for the Period ended February, 2013
First Year Premium of Life Insurers for the Period ended February, 2013 | (`crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
For February, 2013 | Upto 28th February, 2013 | Upto 28th February, 2012 | For February, 2013 | Upto 28th February, 2013 | Upto 28th February, 2012 | For February, 2013 | Upto 28th February, 2013 | Upto 28th February, 2012 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 29.62 | 251.44 | 429.25 | 2473 | 27462 | 98777 | ||||
Individual Non-Single Premium | 114.54 | 929.99 | 943.63 | 63846 | 573364 | 786328 | ||||
Group Single Premium | 66.99 | 567.09 | 237.06 | 50 | 323 | 80 | 1740143 | 9914741 | 218894 | |
Group Non-Single Premium | 113.52 | 613.67 | 440.56 | 15 | 274 | 785 | 62896 | 3381502 | 8564764 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 5.45 | 144.60 | 19.81 | 84 | 1477 | 2238 | ||||
Individual Non-Single Premium | 50.72 | 391.29 | 499.23 | 19915 | 165863 | 197899 | ||||
Group Single Premium | 0.04 | 0.73 | 1.84 | 0 | 0 | 0 | 9 | 139 | 365 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 13.99 | 120.33 | 245.57 | 1227 | 15908 | 31368 | ||||
Individual Non-Single Premium | 77.32 | 837.98 | 920.03 | 56023 | 659297 | 903554 | ||||
Group Single Premium | 1.02 | 32.30 | 34.64 | 8 | 187 | 175 | -4452 | 1042801 | 1030792 | |
Group Non-Single Premium | 7.75 | 152.96 | 308.86 | 5 | 145 | 171 | 13602 | 157005 | 247689 | |
4 | SBI Life | |||||||||
Individual Single Premium | 62.04 | 348.59 | 1119.56 | 3869 | 22488 | 83478 | ||||
Individual Non-Single Premium | 219.29 | 1832.66 | 1505.36 | 78006 | 689947 | 623396 | ||||
Group Single Premium | 34.72 | 1625.63 | 1788.32 | 2 | 71 | 141 | 16247 | 218647 | 199515 | |
Group Non-Single Premium | 20.90 | 215.62 | 167.26 | 6 | 110 | 133 | 39966 | 661335 | 745598 | |
5 | Tata AIA | |||||||||
Individual Single Premium | 2.59 | 27.93 | 116.84 | 173 | 2096 | 8643 | ||||
Individual Non-Single Premium | 21.26 | 254.93 | 525.52 | 9981 | 117718 | 237797 | ||||
Group Single Premium | 9.17 | 93.82 | 65.42 | 0 | 2 | 5 | 14691 | 145090 | 124147 | |
Group Non-Single Premium | 6.62 | 104.19 | 118.41 | 3 | 111 | 83 | 4235 | 203186 | 378028 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 21.62 | 140.57 | 176.85 | 42607 | 206387 | 63122 | ||||
Individual Non-Single Premium | 330.39 | 2572.79 | 2189.61 | 79814 | 655383 | 526136 | ||||
Group Single Premium | 75.02 | 718.69 | 491.08 | 23 | 373 | 319 | 248622 | 1282154 | 1038665 | |
Group Non-Single Premium | 0.00 | -0.01 | 195.83 | 0 | 0 | 11 | 0 | 12 | 2899 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 11.66 | 97.72 | 228.59 | 378 | 4628 | 13719 | ||||
Individual Non-Single Premium | 380.56 | 2791.51 | 2386.50 | 83373 | 828476 | 931512 | ||||
Group Single Premium | 57.47 | 466.38 | 487.96 | 27 | 175 | 160 | -62993 | 1117108 | 1631788 | |
Group Non-Single Premium | 7.37 | 628.05 | 963.72 | 1 | 13 | 36 | -41 | 87204 | 540491 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 1.19 | 14.53 | 67.72 | 77 | 866 | 1498 | ||||
Individual Non-Single Premium | 95.56 | 838.66 | 939.17 | 53368 | 457431 | 724095 | ||||
Group Single Premium | 0.98 | 5.84 | 3.53 | 0 | 1 | 1 | 214 | 1263 | 764 | |
Group Non-Single Premium | 16.48 | 509.32 | 493.51 | 19 | 361 | 335 | 32696 | 692492 | 854350 | |
9 | Aviva | |||||||||
Individual Single Premium | 0.92 | 10.82 | 35.78 | 139 | 998 | 7591 | ||||
Individual Non-Single Premium | 35.26 | 307.68 | 363.90 | 11101 | 112866 | 131438 | ||||
Group Single Premium | 0.06 | 0.61 | 0.79 | 0 | 0 | 0 | 73 | 932 | 2893 | |
Group Non-Single Premium | 17.33 | 167.38 | 185.30 | 10 | 111 | 91 | 89612 | 512342 | -880588 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 49.14 | 163.32 | 254.88 | 7051 | 13781 | 16015 | ||||
Individual Non-Single Premium | 42.64 | 330.87 | 332.02 | 12643 | 117522 | 140587 | ||||
Group Single Premium | 25.45 | 167.82 | 109.71 | 7 | 35 | 48 | 233668 | 2307225 | 1214761 | |
Group Non-Single Premium | 31.26 | 181.14 | 135.05 | 61 | 626 | 542 | 53814 | 1179304 | 1129873 | |
11 | Max LIFE | |||||||||
Individual Single Premium | 18.91 | 198.36 | 203.44 | 18 | 211 | 629 | ||||
Individual Non-Single Premium | 132.70 | 1231.35 | 1224.90 | 41697 | 423447 | 483241 | ||||
Group Single Premium | 11.95 | 123.54 | 100.75 | 3 | 19 | 17 | 6212 | 61270 | 47744 | |
Group Non-Single Premium | 3.89 | 34.59 | 45.39 | 53 | 855 | 783 | 268111 | 2755817 | 2227836 | |
12 | Met Life | |||||||||
Individual Single Premium | 2.84 | 187.46 | 261.52 | 626 | 22807 | 30815 | ||||
Individual Non-Single Premium | 52.02 | 446.11 | 390.96 | 18142 | 158977 | 134907 | ||||
Group Single Premium | 0.29 | 3.47 | 6.35 | 0 | 0 | 2 | 1276 | 18803 | 12773 | |
Group Non-Single Premium | 2.47 | 34.04 | 257.26 | 14 | 202 | 379 | 38591 | 668283 | 1104044 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 1.83 | 14.46 | 17.98 | 384 | 3200 | 3893 | ||||
Individual Non-Single Premium | 2.50 | 28.75 | 33.30 | 3209 | 48090 | 49963 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.00 | 0.01 | 0.00 | 0 | 4 | 0 | 0 | 386 | 0 | |
14 | Shriram Life | |||||||||
Individual Single Premium | 6.95 | 108.71 | 155.90 | 770 | 12816 | 19580 | ||||
Individual Non-Single Premium | 12.96 | 148.10 | 115.18 | 11489 | 108306 | 91349 | ||||
Group Single Premium | 13.19 | 102.44 | 63.66 | 1 | 3 | 0 | 54960 | 436137 | 266736 | |
Group Non-Single Premium | 1.43 | 12.08 | 7.99 | 4 | 66 | 30 | 95041 | 697329 | 446575 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.04 | 0.25 | 1.04 | 1 | 4 | 147 | ||||
Individual Non-Single Premium | 22.81 | 168.58 | 150.92 | 8933 | 82462 | 84171 | ||||
Group Single Premium | 2.97 | 27.09 | 23.97 | 0 | 4 | 1 | 1191 | 10917 | 8759 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 3.52 | 15.17 | 33.03 | 314 | 1863 | 4842 | ||||
Individual Non-Single Premium | 21.23 | 112.01 | 211.68 | 15301 | 86292 | 133465 | ||||
Group Single Premium | 0.03 | 0.17 | 0.24 | 0 | 0 | 1 | 8 | 36 | 58 | |
Group Non-Single Premium | 2.42 | 47.14 | 40.81 | 4 | 41 | 109 | 2373 | 53216 | 88871 | |
17 | IDBI Federal | |||||||||
Individual Single Premium | 10.68 | 57.70 | 81.32 | 1407 | 8578 | 6640 | ||||
Individual Non-Single Premium | 24.45 | 190.17 | 149.52 | 9831 | 86426 | 57936 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 2.82 | 24.02 | 14.89 | 0 | 9 | 16 | 17060 | 164629 | 316780 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | 0.00 | 0.03 | 0.08 | 1 | 3 | 1 | ||||
Individual Non-Single Premium | 20.12 | 292.31 | 390.99 | 5312 | 57969 | 57413 | ||||
Group Single Premium | 1.01 | 7.43 | 3.51 | 0 | 0 | 1 | 267 | 2277 | 1058 | |
Group Non-Single Premium | 8.07 | 136.60 | 174.65 | 3 | 49 | 22 | 10222 | 157779 | 118657 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 0.72 | 4.82 | 14.70 | 593 | 792 | 1193 | ||||
Individual Non-Single Premium | 11.30 | 101.83 | 151.38 | 4551 | 49466 | 60388 | ||||
Group Single Premium | 0.00 | 0.11 | 0.45 | 0 | 0 | 0 | 0 | 109 | 846 | |
Group Non-Single Premium | 0.00 | 6.03 | 0.00 | 0 | 0 | 0 | 0 | 591 | 0 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 0.67 | 3.12 | 9.42 | 13 | 264 | 1092 | ||||
Individual Non-Single Premium | 11.82 | 117.69 | 77.49 | 10488 | 89609 | 57617 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.16 | 0.67 | 0.00 | 7 | 21 | 0 | 19520 | 71332 | 0 | |
21 | Star Union Dai-ichi | |||||||||
Individual Single Premium | 21.95 | 184.92 | 364.99 | 1758 | 13289 | 24853 | ||||
Individual Non-Single Premium | 18.00 | 206.30 | 199.90 | 9213 | 115745 | 102351 | ||||
Group Single Premium | 4.43 | 44.94 | 49.80 | 0 | 2 | 1 | 2480 | 24712 | 23778 | |
Group Non-Single Premium | 9.56 | 40.76 | 148.49 | 4 | 32 | 41 | 17369 | 271668 | 242499 | |
22 | IndiaFirst | |||||||||
Individual Single Premium | 5.28 | 46.68 | 195.93 | 310 | 3531 | 15480 | ||||
Individual Non-Single Premium | 22.34 | 167.00 | 113.84 | 10386 | 92649 | 61376 | ||||
Group Single Premium | 22.50 | 391.52 | 25.85 | 5 | 41 | 3 | 4284 | 52277 | 138367 | |
Group Non-Single Premium | 2.19 | 34.74 | 148.06 | 16 | 118 | 49 | 18824 | 1196618 | 1133228 | |
23 | Edelweiss Tokio | |||||||||
Individual Single Premium | 0.08 | 0.65 | 0.10 | 10 | 50 | 4 | ||||
Individual Non-Single Premium | 2.65 | 22.25 | 5.00 | 2590 | 14687 | 3346 | ||||
Group Single Premium | 0.06 | 7.93 | 0.08 | 0 | 10 | 1 | 16 | 1572 | 7 | |
Group Non-Single Premium | 0.15 | 2.77 | 0.00 | 2 | 60 | 0 | 2835 | 26092 | 0 | |
Private Total | ||||||||||
Individual Single Premium | 271.68 | 2142.18 | 4034.28 | 64283 | 363499 | 435618 | ||||
Individual Non-Single Premium | 1722.42 | 14320.79 | 13820.04 | 619212 | 5791992 | 6580265 | ||||
Group Single Premium | 327.33 | 4387.55 | 3494.99 | 126 | 1246 | 956 | 2256916 | 16638210 | 5962710 | |
Group Non-Single Premium | 254.40 | 2945.77 | 3846.04 | 227 | 3208 | 3616 | 786726 | 12938122 | 17261594 | |
24 | LIC | |||||||||
Individual Single Premium | 1058.24 | 11106.28 | 9741.26 | 158877 | 1527386 | 1528308 | ||||
Individual Non-Single Premium | 2064.46 | 23310.44 | 23057.32 | 3079341 | 27295417 | 26537802 | ||||
Group Single Premium | 2124.35 | 24653.11 | 21681.34 | 8 | 93 | 16881 | 3295 | 600971 | 23140138 | |
Group Non-Single Premium | 153.31 | 1635.63 | 10340.56 | 2055 | 21986 | 4814 | 3713661 | 34629597 | 8167321 | |
Grand Total | ||||||||||
Individual Single Premium | 1329.92 | 13248.46 | 13775.54 | 223160 | 1890885 | 1963926 | ||||
Individual Non-Single Premium | 3786.88 | 37631.23 | 36877.36 | 3698553 | 33087409 | 33118067 | ||||
Group Single Premium | 2451.69 | 29040.66 | 25176.33 | 134 | 1339 | 17837 | 2260211 | 17239181 | 29102848 | |
Group Non-Single Premium | 407.70 | 4581.39 | 14186.60 | 2282 | 25194 | 8430 | 4500387 | 47567719 | 25428915 | |
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 |