Document Detail

Title: Monthly business figures - Life
Reference No.: May, 2013
Date: 10/07/2013
First Year Premium of Life Insurers for the Period ended May, 2013
First Year Premium of Life Insurers for the Period ended May, 2013 (`crore)
Sl No. Insurer Premium   No. of Policies / Schemes No. of lives covered under Group Schemes
For May, 2013 Upto 31st May, 2013 Upto 31st May, 2012 For May, 2013 Upto 31st May, 2013 Upto 31st May, 2012 For May, 2013 Upto 31st May, 2013 Upto 31st May, 2012
1 Bajaj Allianz                  
  Individual Single Premium 16.06 22.75 27.93 1357 2350 5771      
  Individual Non-Single Premium 55.16 82.76 81.02 36286 59708 70497      
  Group Single Premium 43.81 74.41 52.25 34 65 12 1351125 2401090 37938
  Group Non-Single Premium 39.35 75.21 117.40 7 17 48 48314 71851 2231155
2 ING Vysya                  
  Individual Single Premium 1.15 1.96 0.82 96 170 79      
  Individual Non-Single Premium 30.88 44.42 40.89 11280 17249 17130      
  Group Single Premium 0.04 0.11 0.15 0 0 0 7 16 27
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
3 Reliance Life                  
  Individual Single Premium 8.85 25.02 14.01 832 2477 5861      
  Individual Non-Single Premium 73.80 150.42 95.35 49342 104975 88293      
  Group Single Premium 0.08 2.49 2.81 8 28 24 -935 22953 148860
  Group Non-Single Premium 116.84 132.84 54.41 15 20 49 29034 29759 50593
4 SBI Life                  
  Individual Single Premium 25.93 42.20 57.30 1910 3010 3980      
  Individual Non-Single Premium 104.68 160.60 128.02 40908 60870 54480      
  Group Single Premium 31.23 235.93 456.67 2 5 6 15048 24580 38554
  Group Non-Single Premium 14.00 22.61 27.71 9 10 13 25888 40711 75095
5 Tata AIA                  
  Individual Single Premium 2.45 3.40 6.39 163 273 548      
  Individual Non-Single Premium 15.55 34.46 49.69 7140 14972 23458      
  Group Single Premium 9.02 15.02 13.84 0 0 0 11710 20184 23505
  Group Non-Single Premium 6.20 13.73 8.24 10 41 47 15138 30872 28105
6 HDFC Standard                  
  Individual Single Premium 9.86 13.96 15.26 503 799 2865      
  Individual Non-Single Premium 98.94 185.25 243.23 34939 61994 68248      
  Group Single Premium 87.23 156.77 169.04 25 50 70 115185 254934 227206
  Group Non-Single Premium 0.00 0.00 -0.01 0 0 0 0 0 11
7 ICICI Prudential                  
  Individual Single Premium 11.05 21.65 17.21 646 1232 961      
  Individual Non-Single Premium 168.47 233.35 265.70 64025 107503 133281      
  Group Single Premium 23.58 50.59 74.27 22 57 48 125924 194544 305165
  Group Non-Single Premium 5.51 5.51 87.34 0 0 4 -78 16 19047
8 Birla Sunlife                  
  Individual Single Premium 2.19 3.15 2.01 80 128 140      
  Individual Non-Single Premium 51.86 93.73 104.73 22217 37904 78211      
  Group Single Premium 1.07 2.58 0.89 0 0 0 303 522 169
  Group Non-Single Premium 37.82 41.79 100.98 26 51 76 33644 71746 284653
9 Aviva                  
  Individual Single Premium 0.40 0.73 1.57 45 83 151      
  Individual Non-Single Premium 16.06 20.84 34.75 6388 11121 20829      
  Group Single Premium 0.10 0.17 0.06 0 0 0 127 209 178
  Group Non-Single Premium 55.13 60.45 112.51 6 16 17 81217 222867 76083
10 Kotak Mahindra Old Mutual                  
  Individual Single Premium 7.26 10.80 11.60 1161 1327 686      
  Individual Non-Single Premium 17.04 28.13 31.34 6464 10317 14731      
  Group Single Premium 18.09 35.40 18.06 3 8 5 195268 440988 303481
  Group Non-Single Premium 66.15 79.14 21.40 85 182 112 204801 281127 176823
11 Max LIFE                  
  Individual Single Premium 16.17 31.88 29.79 15 28 39      
  Individual Non-Single Premium 74.05 161.07 143.58 25723 52961 54338      
  Group Single Premium 10.87 17.74 16.10 2 5 12 15603 17688 3084
  Group Non-Single Premium 7.85 10.83 4.80 77 278 349 395584 447641 59956
12 Met Life                  
  Individual Single Premium 0.53 1.80 71.58 40 157 11551      
  Individual Non-Single Premium 35.44 75.96 85.60 13377 23365 27539      
  Group Single Premium 1.17 2.51 0.34 0 0 0 1859 3806 2768
  Group Non-Single Premium 2.74 4.76 4.26 15 33 44 88607 183613 131366
13 Sahara Life                  
  Individual Single Premium 0.45 0.65 1.67 116 173 335      
  Individual Non-Single Premium 1.70 2.48 3.75 2021 2897 5081      
  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 5.31 13.20 16.45 626 1556 2119      
  Individual Non-Single Premium 7.55 31.92 22.66 6048 21645 14069      
  Group Single Premium 9.14 20.92 13.54 0 2 0 37606 87124 58143
  Group Non-Single Premium 0.39 2.67 1.82 2 9 15 16021 154298 98353
15 Bharti Axa Life                  
  Individual Single Premium 0.00 0.00 0.00 -1 -1 -1      
  Individual Non-Single Premium 15.53 28.91 19.29 6820 12381 10253      
  Group Single Premium 3.26 5.43 2.96 1 2 0 1539 2571 1435
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
16 Future Generali Life                  
  Individual Single Premium 1.80 2.18 1.80 200 243 254      
  Individual Non-Single Premium 9.11 10.99 15.93 7323 8753 12604      
  Group Single Premium 0.07 0.09 0.00 0 0 0 90 91 1
  Group Non-Single Premium 1.98 3.22 1.25 4 8 9 5999 11306 11624
17 IDBI Federal                  
  Individual Single Premium 3.07 4.79 2.99 186 373 529      
  Individual Non-Single Premium 9.04 14.34 12.20 4664 7076 5297      
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 1.60 3.35 1.26 0 2 1 9642 27353 29585
18 Canara HSBC OBC Life                  
  Individual Single Premium 0.00 0.00 0.00 0 0 0      
  Individual Non-Single Premium 12.08 34.52 59.54 2022 5368 8554      
  Group Single Premium 0.56 4.05 0.36 0 0 0 134 1141 123
  Group Non-Single Premium 32.91 70.73 19.03 3 7 5 2967 25561 41735
19 Aegon Religare                  
  Individual Single Premium 0.26 0.32 0.92 10 18 63      
  Individual Non-Single Premium 4.91 7.99 16.09 2533 4285 7442      
  Group Single Premium 0.01 0.01 0.03 0 0 1 18 18 49
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
20 DLF Pramerica                  
  Individual Single Premium 0.05 0.30 0.61 9 31 91      
  Individual Non-Single Premium 6.98 14.71 20.35 5336 11512 16357      
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 0.13 0.20 0.00 9 17 0 21069 28723 0
21 Star Union Dai-ichi                   
  Individual Single Premium 5.68 11.53 17.22 434 754 1318      
  Individual Non-Single Premium 14.97 21.66 11.94 6950 9890 7634      
  Group Single Premium 2.24 3.35 3.86 0 0 0 1285 2154 2377
  Group Non-Single Premium 6.28 21.96 1.41 1 4 7 19261 47426 33397
22 IndiaFirst                  
  Individual Single Premium 1.15 2.15 4.98 102 190 542      
  Individual Non-Single Premium 8.13 17.30 26.42 3632 7235 16362      
  Group Single Premium 36.65 109.38 6.27 6 14 3 21637 36441 3825
  Group Non-Single Premium 0.00 0.00 2.58 0 0 8 0 0 120852
23 Edelweiss Tokio                  
  Individual Single Premium 0.13 0.35 0.04 14 28 1      
  Individual Non-Single Premium 2.06 3.70 1.57 1465 2358 924      
  Group Single Premium 0.16 0.17 0.12 1 1 0 57 57 8
  Group Non-Single Premium 0.14 0.14 0.31 4 4 11 4409 4409 3467
  Private Total                  
  Individual Single Premium 119.80 214.77 302.17 8544 15399 37883      
  Individual Non-Single Premium 833.98 1459.52 1513.63 366903 656339 755612      
  Group Single Premium 278.40 737.12 831.63 104 237 181 1893590 3511111 1156896
  Group Non-Single Premium 395.01 549.14 566.69 273 699 815 1001517 1679279 3471900
24 LIC                  
  Individual Single Premium 634.22 1259.79 1317.58 80145 171479 215052      
  Individual Non-Single Premium 1331.93 2433.95 4092.69 1532123 2700223 3035038      
  Group Single Premium 3059.13 4720.92 3608.83 22 28 13 191449 192718 105514
  Group Non-Single Premium 125.16 367.49 195.61 1272 2297 2183 2472156 2849698 4279422
  Grand Total                  
  Individual Single Premium 754.03 1474.56 1619.74 88689 186878 252935      
  Individual Non-Single Premium 2165.91 3893.47 5606.32 1899026 3356562 3790650      
  Group Single Premium 3337.53 5458.04 4440.46 126 265 194 2085039 3703829 1262410
  Group Non-Single Premium 520.17 916.64 762.30 1545 2996 2998 3473673 4528977 7751322
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, 2013.xls

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