Document Detail
Title: Monthly business figures - Life
Reference No.: June,13
Date: 26/07/2013
First Year Premium of Life Insurers for the Period ended June, 2013
First Year Premium of Life Insurers for the Period ended June, 2013 | (`crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
For June, 2013 | Upto 30th June, 2013 | Upto 30th June, 2012 | For June, 2013 | Upto 30th June, 2013 | Upto 30th June, 2012 | For June, 2013 | Upto 30th June, 2013 | Upto 30th June, 2012 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 20.03 | 42.78 | 43.75 | 1397 | 3747 | 7601 | ||||
Individual Non-Single Premium | 54.21 | 136.97 | 147.53 | 31551 | 91259 | 122856 | ||||
Group Single Premium | 54.81 | 129.21 | 102.37 | 26 | 91 | 25 | 1556277 | 3957367 | 65373 | |
Group Non-Single Premium | 53.73 | 128.94 | 192.82 | 26 | 43 | 89 | 51848 | 123699 | 2630458 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 0.15 | 2.11 | 9.88 | 7 | 177 | 883 | ||||
Individual Non-Single Premium | 35.50 | 79.92 | 77.27 | 15812 | 33061 | 33331 | ||||
Group Single Premium | 0.00 | 0.11 | 0.28 | 0 | 0 | 0 | 1 | 17 | 51 | |
Group Non-Single Premium | 0.04 | 0.04 | 0.00 | 0 | 0 | 0 | 32 | 32 | 0 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 6.24 | 31.26 | 20.25 | 613 | 3090 | 6609 | ||||
Individual Non-Single Premium | 85.76 | 236.18 | 160.52 | 48356 | 153331 | 147959 | ||||
Group Single Premium | 0.87 | 3.36 | 8.14 | 9 | 37 | 48 | 102163 | 125116 | 627238 | |
Group Non-Single Premium | 109.78 | 242.63 | 61.31 | 30 | 50 | 65 | 44341 | 74100 | 57683 | |
4 | SBI Life | |||||||||
Individual Single Premium | 18.59 | 60.80 | 76.10 | 1692 | 4702 | 5428 | ||||
Individual Non-Single Premium | 119.77 | 280.37 | 238.40 | 49297 | 110167 | 107583 | ||||
Group Single Premium | 95.84 | 331.76 | 517.59 | 3 | 8 | 14 | 105961 | 130541 | 66789 | |
Group Non-Single Premium | 21.59 | 44.20 | 55.66 | 10 | 20 | 22 | 88567 | 129278 | 126121 | |
5 | Tata AIA | |||||||||
Individual Single Premium | 1.72 | 5.12 | 9.78 | 121 | 394 | 818 | ||||
Individual Non-Single Premium | 17.33 | 51.79 | 73.59 | 7686 | 22658 | 34434 | ||||
Group Single Premium | 12.63 | 27.66 | 22.35 | 0 | 0 | 0 | 17222 | 37406 | 37926 | |
Group Non-Single Premium | 14.45 | 28.18 | 13.53 | 6 | 47 | 56 | 5000 | 35872 | 47106 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 11.04 | 25.01 | 23.49 | 568 | 1367 | 3151 | ||||
Individual Non-Single Premium | 129.40 | 314.65 | 431.61 | 44766 | 106760 | 112838 | ||||
Group Single Premium | 88.21 | 244.98 | 219.09 | 36 | 86 | 97 | 191871 | 446805 | 287238 | |
Group Non-Single Premium | 0.00 | 0.00 | -0.01 | 0 | 0 | 0 | 0 | 0 | 11 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 14.48 | 36.13 | 26.17 | 526 | 1758 | 1454 | ||||
Individual Non-Single Premium | 210.60 | 443.95 | 491.43 | 64574 | 172077 | 211764 | ||||
Group Single Premium | 25.67 | 76.26 | 115.36 | 20 | 77 | 55 | 81609 | 276153 | 355539 | |
Group Non-Single Premium | 3.23 | 8.74 | 88.52 | 3 | 3 | 5 | 3200 | 3216 | 19104 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 1.28 | 4.42 | 3.33 | 62 | 190 | 210 | ||||
Individual Non-Single Premium | 63.12 | 156.85 | 181.88 | 32886 | 70790 | 128391 | ||||
Group Single Premium | 1.32 | 3.91 | 1.42 | 2 | 2 | 0 | 458 | 980 | 278 | |
Group Non-Single Premium | 39.69 | 81.48 | 131.27 | 37 | 88 | 121 | 99338 | 171084 | 322006 | |
9 | Aviva | |||||||||
Individual Single Premium | 0.76 | 1.49 | 2.44 | 80 | 163 | 258 | ||||
Individual Non-Single Premium | 18.31 | 39.15 | 62.89 | 9448 | 20569 | 32028 | ||||
Group Single Premium | 0.07 | 0.23 | 0.10 | 0 | 0 | 0 | 74 | 283 | 263 | |
Group Non-Single Premium | 6.66 | 67.11 | 114.67 | 5 | 21 | 19 | 91309 | 314176 | 86737 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 13.67 | 24.47 | 17.35 | 285 | 1612 | 1087 | ||||
Individual Non-Single Premium | 25.69 | 53.82 | 58.20 | 9094 | 19411 | 26437 | ||||
Group Single Premium | 21.02 | 56.43 | 32.59 | 2 | 10 | 7 | 284692 | 725680 | 471772 | |
Group Non-Single Premium | 34.16 | 113.31 | 30.27 | 87 | 269 | 190 | 153773 | 434900 | 270372 | |
11 | Max LIFE | |||||||||
Individual Single Premium | 20.77 | 52.65 | 48.62 | 8 | 36 | 60 | ||||
Individual Non-Single Premium | 127.17 | 288.24 | 262.22 | 42721 | 95682 | 100038 | ||||
Group Single Premium | 11.74 | 29.47 | 26.71 | 4 | 9 | 13 | 2137 | 19825 | 5973 | |
Group Non-Single Premium | 1.93 | 12.76 | 10.85 | 65 | 343 | 426 | 252807 | 700448 | 167061 | |
12 | Met Life | |||||||||
Individual Single Premium | 0.45 | 2.25 | 82.00 | 11 | 168 | 13405 | ||||
Individual Non-Single Premium | 41.60 | 117.57 | 127.60 | 15614 | 38979 | 44311 | ||||
Group Single Premium | 4.05 | 6.56 | 0.68 | 0 | 0 | 0 | 2075 | 5881 | 4735 | |
Group Non-Single Premium | 3.06 | 7.83 | 5.79 | 15 | 48 | 60 | 109772 | 293385 | 202605 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 1.16 | 1.81 | 2.79 | 253 | 426 | 591 | ||||
Individual Non-Single Premium | 1.97 | 4.45 | 6.44 | 2862 | 5759 | 8945 | ||||
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 | 6.12 | 19.32 | 28.47 | 828 | 2384 | 3645 | ||||
Individual Non-Single Premium | 13.31 | 45.23 | 34.79 | 9809 | 31454 | 21198 | ||||
Group Single Premium | 5.86 | 26.78 | 21.19 | 1 | 3 | 0 | 25872 | 112996 | 90630 | |
Group Non-Single Premium | 1.63 | 4.30 | 2.87 | 5 | 14 | 22 | 103291 | 257589 | 130849 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.00 | 0.01 | 0.01 | 0 | -1 | -1 | ||||
Individual Non-Single Premium | 19.34 | 48.25 | 34.33 | 8424 | 20805 | 18042 | ||||
Group Single Premium | 4.11 | 9.54 | 5.80 | 0 | 2 | 0 | 1926 | 4497 | 2455 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 3.47 | 5.64 | 2.49 | 423 | 666 | 364 | ||||
Individual Non-Single Premium | 8.17 | 19.16 | 23.71 | 5739 | 14492 | 18651 | ||||
Group Single Premium | 0.11 | 0.20 | 0.03 | 0 | 0 | 0 | 315 | 406 | 8 | |
Group Non-Single Premium | 0.56 | 3.78 | 1.41 | 3 | 11 | 11 | 64393 | 75699 | 12818 | |
17 | IDBI Federal | |||||||||
Individual Single Premium | 4.94 | 9.74 | 6.07 | 615 | 988 | 813 | ||||
Individual Non-Single Premium | 16.56 | 30.90 | 27.61 | 7897 | 14973 | 12904 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 2.88 | 6.23 | 3.26 | 2 | 4 | 2 | 25058 | 52411 | 45996 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | 0.00 | 0.00 | 0.01 | 1 | 1 | 0 | ||||
Individual Non-Single Premium | 15.22 | 49.74 | 88.65 | 3223 | 8591 | 13590 | ||||
Group Single Premium | 0.59 | 4.64 | 0.62 | 0 | 0 | 0 | 200 | 1341 | 200 | |
Group Non-Single Premium | 42.29 | 113.03 | 38.43 | 10 | 17 | 9 | 5687 | 31248 | 44547 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 0.53 | 0.85 | 1.29 | 16 | 34 | 88 | ||||
Individual Non-Single Premium | 5.75 | 13.73 | 26.51 | 3141 | 7426 | 12329 | ||||
Group Single Premium | 0.00 | 0.01 | 0.05 | 0 | 0 | 1 | 0 | 18 | 69 | |
Group Non-Single Premium | 0.34 | 0.34 | 6.03 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 0.20 | 0.50 | 0.62 | 12 | 43 | 93 | ||||
Individual Non-Single Premium | 6.08 | 20.79 | 29.18 | 4307 | 15819 | 21886 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.15 | 0.35 | 0.00 | 9 | 26 | 0 | 22946 | 51669 | 0 | |
21 | Star Union Dai-ichi | |||||||||
Individual Single Premium | 4.40 | 15.93 | 31.39 | 332 | 1086 | 2268 | ||||
Individual Non-Single Premium | 15.85 | 37.51 | 28.43 | 7489 | 17379 | 16916 | ||||
Group Single Premium | 2.78 | 6.14 | 11.26 | 0 | 0 | 1 | 1619 | 3773 | 4555 | |
Group Non-Single Premium | 5.41 | 27.37 | 1.53 | 1 | 5 | 10 | 41167 | 88593 | 38867 | |
22 | IndiaFirst | |||||||||
Individual Single Premium | 2.60 | 4.75 | 9.67 | 179 | 369 | 847 | ||||
Individual Non-Single Premium | 7.77 | 25.07 | 35.76 | 5069 | 12304 | 22013 | ||||
Group Single Premium | 115.58 | 224.96 | 54.73 | 15 | 29 | 12 | 123290 | 159731 | 9911 | |
Group Non-Single Premium | 0.00 | 0.00 | 3.55 | 0 | 0 | 10 | 0 | 0 | 160687 | |
23 | Edelweiss Tokio | |||||||||
Individual Single Premium | 0.12 | 0.48 | 0.04 | 18 | 46 | 1 | ||||
Individual Non-Single Premium | 2.83 | 6.54 | 3.01 | 2158 | 4516 | 1983 | ||||
Group Single Premium | 0.57 | 0.17 | 0.16 | 1 | 1 | 0 | 57 | 57 | 15 | |
Group Non-Single Premium | 0.14 | 0.14 | 0.48 | 4 | 4 | 18 | 4409 | 4409 | 4555 | |
Private Total | ||||||||||
Individual Single Premium | 132.75 | 347.52 | 446.00 | 8047 | 23446 | 49673 | ||||
Individual Non-Single Premium | 1041.32 | 2500.84 | 2651.56 | 431923 | 1088262 | 1270427 | ||||
Group Single Premium | 445.84 | 1182.40 | 1140.53 | 119 | 355 | 273 | 2497819 | 6008873 | 2031018 | |
Group Non-Single Premium | 341.73 | 890.73 | 762.24 | 318 | 1013 | 1135 | 1166938 | 2841808 | 4367583 | |
24 | LIC | |||||||||
Individual Single Premium | 714.97 | 1974.76 | 2482.49 | 97749 | 269228 | 403678 | ||||
Individual Non-Single Premium | 1582.92 | 4016.87 | 6435.47 | 2090372 | 4790595 | 5068672 | ||||
Group Single Premium | 3080.62 | 7801.54 | 5191.21 | 30 | 58 | 21 | 209633 | 402351 | 131062 | |
Group Non-Single Premium | 134.03 | 501.52 | 341.83 | 2977 | 5274 | 3753 | 3327663 | 6177361 | 6385085 | |
Grand Total | ||||||||||
Individual Single Premium | 847.72 | 2322.28 | 2928.48 | 105796 | 292674 | 453351 | ||||
Individual Non-Single Premium | 2624.23 | 6517.71 | 9087.02 | 2522295 | 5878857 | 6339099 | ||||
Group Single Premium | 3526.46 | 8983.93 | 6331.73 | 149 | 413 | 294 | 2707452 | 6411224 | 2162080 | |
Group Non-Single Premium | 475.76 | 1392.26 | 1104.07 | 3295 | 6287 | 4888 | 4494601 | 9019169 | 10752668 | |
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 |