Document Detail
Title: Business Figures -Life
Reference No.: December, 2013
Date: 30/01/2014
First Year Premium of Life Insurers for the Period ended December, 2013
First Year Premium of Life Insurers for the Period ended December, 2013 | (`crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
For December, 2013 | Upto 3oth December, 2013 | Upto 30th December, 2012 | For December, 2013 | Upto 3oth December, 2013 | Upto 30th December, 2012 | For December, 2013 | Upto 31th December, 2013 | Upto 30th December, 2012 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 23.33 | 159.19 | 197.63 | 1465 | 11688 | 22850 | ||||
Individual Non-Single Premium | 116.19 | 701.94 | 719.48 | 39187 | 318939 | 454889 | ||||
Group Single Premium | 65.51 | 485.39 | 441.41 | 7 | 146 | 235 | 71340 | 9132570 | 6592844 | |
Group Non-Single Premium | 33.26 | 429.45 | 449.58 | 38 | 361 | 244 | 1922833 | 6297905 | 3252631 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 15.39 | 23.32 | 134.34 | 34 | 420 | 1349 | ||||
Individual Non-Single Premium | 54.21 | 320.02 | 298.95 | 17998 | 130884 | 126951 | ||||
Group Single Premium | 0.05 | 0.42 | 0.61 | 0 | 0 | 0 | 5 | 43 | 114 | |
Group Non-Single Premium | 0.24 | 0.96 | 0.00 | 9 | 22 | 0 | 2269 | 20048 | 0 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 2.89 | 51.56 | 89.62 | 224 | 4947 | 13113 | ||||
Individual Non-Single Premium | 120.13 | 794.50 | 666.89 | 67746 | 451476 | 530711 | ||||
Group Single Premium | 3.48 | 24.78 | 26.18 | 24 | 149 | 158 | 34982 | 366404 | 961558 | |
Group Non-Single Premium | 31.91 | 553.29 | 129.06 | 15 | 123 | 138 | 35650 | 163992 | 111656 | |
4 | SBI Life | |||||||||
Individual Single Premium | 45.69 | 271.25 | 224.38 | 2890 | 20165 | 15372 | ||||
Individual Non-Single Premium | 453.14 | 1854.85 | 1469.68 | 133165 | 662031 | 558499 | ||||
Group Single Premium | 76.19 | 756.41 | 1506.24 | 10 | 47 | 63 | 20645 | 303101 | 187522 | |
Group Non-Single Premium | 14.75 | 151.37 | 175.64 | 13 | 87 | 92 | 19981 | 336805 | 567468 | |
5 | Tata AIA | |||||||||
Individual Single Premium | 5.03 | 24.83 | 22.39 | 270 | 1435 | 1774 | ||||
Individual Non-Single Premium | 31.47 | 183.63 | 209.32 | 16031 | 82836 | 96597 | ||||
Group Single Premium | 1.90 | 66.24 | 74.95 | 2 | 4 | 2 | 1034 | 86354 | 116029 | |
Group Non-Single Premium | 15.26 | 76.67 | 92.19 | 15 | 133 | 100 | 51430 | 135993 | 198052 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 24.11 | 100.09 | 94.69 | 24327 | 169151 | 112847 | ||||
Individual Non-Single Premium | 227.73 | 1444.50 | 1920.27 | 59233 | 431355 | 486446 | ||||
Group Single Premium | 48.83 | 980.44 | 552.63 | 39 | 362 | 317 | 153549 | 1569917 | 960597 | |
Group Non-Single Premium | 0.00 | 0.00 | -0.01 | 0 | 0 | 0 | 0 | 0 | 12 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 20.79 | 130.78 | 75.75 | 713 | 4817 | 3919 | ||||
Individual Non-Single Premium | 383.91 | 2177.29 | 2057.47 | 70237 | 568510 | 645521 | ||||
Group Single Premium | 13.10 | 197.76 | 385.62 | 13 | 151 | 132 | 108841 | 527269 | 1121824 | |
Group Non-Single Premium | 6.80 | 53.91 | 617.09 | 0 | 4 | 12 | -25 | 3858 | 87265 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 4.65 | 22.57 | 11.64 | 53 | 999 | 704 | ||||
Individual Non-Single Premium | 73.51 | 558.72 | 653.50 | 39275 | 254871 | 361300 | ||||
Group Single Premium | 0.94 | 10.17 | 4.30 | 0 | 2 | 1 | 344 | 3219 | 898 | |
Group Non-Single Premium | 20.28 | 379.62 | 472.19 | 24 | 268 | 312 | 77105 | 568994 | 586967 | |
9 | Aviva | |||||||||
Individual Single Premium | 0.55 | 5.09 | 7.19 | 96 | 572 | 791 | ||||
Individual Non-Single Premium | 22.58 | 161.15 | 237.59 | 7905 | 69837 | 90976 | ||||
Group Single Premium | 0.07 | 0.77 | 0.47 | 0 | 1 | 0 | 79 | 911 | 767 | |
Group Non-Single Premium | 11.02 | 128.04 | 140.56 | 8 | 65 | 97 | 92058 | 977524 | 390003 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 13.63 | 110.48 | 88.85 | 286 | 4871 | 3809 | ||||
Individual Non-Single Premium | 50.20 | 258.49 | 250.31 | 15921 | 86271 | 92525 | ||||
Group Single Premium | 30.61 | 187.34 | 123.79 | 5 | 32 | 27 | 188188 | 1937870 | 1828422 | |
Group Non-Single Premium | 19.55 | 236.36 | 136.02 | 59 | 640 | 500 | 440434 | 1887755 | 1070313 | |
11 | Max LIFE | |||||||||
Individual Single Premium | 43.86 | 213.75 | 163.08 | 49 | 216 | 182 | ||||
Individual Non-Single Premium | 203.47 | 1140.35 | 996.07 | 64736 | 359423 | 349097 | ||||
Group Single Premium | 11.61 | 101.14 | 99.15 | 2 | 24 | 16 | 17393 | 624563 | 52507 | |
Group Non-Single Premium | 0.81 | 24.00 | 25.66 | 28 | 600 | 755 | -5724 | 1469657 | 1531141 | |
12 | Met Life | |||||||||
Individual Single Premium | -0.01 | 3.22 | 177.27 | 5 | 220 | 21594 | ||||
Individual Non-Single Premium | 50.40 | 392.20 | 342.30 | 16334 | 134979 | 123903 | ||||
Group Single Premium | 3.71 | 17.51 | 2.64 | 0 | 0 | 0 | 2137 | 15052 | 14828 | |
Group Non-Single Premium | 4.89 | 33.54 | 29.37 | 15 | 162 | 170 | 61325 | 976221 | 603454 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 3.09 | 8.36 | 10.77 | 613 | 1817 | 2395 | ||||
Individual Non-Single Premium | 2.96 | 17.57 | 23.72 | 3739 | 23582 | 41397 | ||||
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 | 275 | |
14 | Shriram Life | |||||||||
Individual Single Premium | 7.95 | 52.42 | 92.60 | 909 | 6591 | 11058 | ||||
Individual Non-Single Premium | 20.52 | 126.29 | 118.43 | 16106 | 91455 | 82442 | ||||
Group Single Premium | 4.80 | 81.55 | 79.20 | 3 | 18 | 1 | 19108 | 291615 | 337808 | |
Group Non-Single Premium | 1.66 | 11.71 | 9.38 | 8 | 48 | 57 | 130490 | 743770 | 521402 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.01 | 0.11 | 0.21 | 0 | -3 | 3 | ||||
Individual Non-Single Premium | 33.28 | 192.83 | 128.14 | 10299 | 70314 | 65776 | ||||
Group Single Premium | 9.90 | 50.02 | 21.49 | 0 | 6 | 3 | 3241 | 19539 | 8625 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 6.54 | 35.55 | 9.28 | 617 | 3673 | 1282 | ||||
Individual Non-Single Premium | 12.34 | 73.49 | 73.72 | 7656 | 50844 | 57357 | ||||
Group Single Premium | 0.01 | 0.54 | 0.13 | 0 | 0 | 0 | 8 | 779 | 27 | |
Group Non-Single Premium | 0.93 | 32.27 | 43.62 | 9 | 48 | 35 | 4793 | 162403 | 48031 | |
17 | IDBI Federal | |||||||||
Individual Single Premium | 4.25 | 39.09 | 36.97 | 659 | 4711 | 6013 | ||||
Individual Non-Single Premium | 33.13 | 165.60 | 144.51 | 13543 | 74562 | 67915 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.22 | 7.59 | 18.52 | 1 | 21 | 7 | 22315 | 192159 | 133022 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | 0.13 | 3.77 | 0.02 | 4 | 92 | 2 | ||||
Individual Non-Single Premium | 20.36 | 183.39 | 259.18 | 4178 | 33640 | 49325 | ||||
Group Single Premium | 1.76 | 10.97 | 5.95 | 0 | 5 | 0 | 1300 | 6038 | 1845 | |
Group Non-Single Premium | 14.06 | 228.39 | 126.41 | 4 | 50 | 38 | 9827 | 180749 | 122352 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 0.09 | 2.29 | 3.17 | 9 | 120 | 180 | ||||
Individual Non-Single Premium | 12.03 | 76.50 | 80.36 | 5025 | 33621 | 40348 | ||||
Group Single Premium | 0.01 | 0.11 | 0.11 | 0 | 0 | 0 | 8 | 81 | 109 | |
Group Non-Single Premium | 0.00 | 4.31 | 6.03 | 0 | 0 | 0 | 0 | 0 | 591 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 1.13 | 3.79 | 1.48 | 46 | 270 | 189 | ||||
Individual Non-Single Premium | 10.06 | 69.34 | 94.99 | 6423 | 45943 | 69260 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.12 | 2.02 | 0.37 | 9 | 84 | 9 | 13812 | 187230 | 37309 | |
21 | Star Union Dai-ichi | |||||||||
Individual Single Premium | 12.29 | 55.06 | 147.93 | 719 | 3751 | 10443 | ||||
Individual Non-Single Premium | 49.01 | 212.65 | 168.85 | 17486 | 94223 | 96716 | ||||
Group Single Premium | 4.46 | 30.05 | 35.45 | 1 | 5 | 2 | 3117 | 17770 | 19701 | |
Group Non-Single Premium | 0.54 | 90.96 | 28.26 | 5 | 27 | 26 | 38218 | 284829 | 204405 | |
22 | IndiaFirst | |||||||||
Individual Single Premium | 3.70 | 24.15 | 34.90 | 205 | 1734 | 2821 | ||||
Individual Non-Single Premium | 8.77 | 70.03 | 116.88 | 6228 | 41991 | 69235 | ||||
Group Single Premium | 47.05 | 942.48 | 343.72 | 28 | 126 | 34 | 669087 | 1325330 | 43477 | |
Group Non-Single Premium | 0.00 | 0.00 | 28.58 | 0 | 0 | 89 | 0 | 0 | 1034991 | |
23 | Edelweiss Tokio | |||||||||
Individual Single Premium | 0.28 | 1.51 | 0.51 | 22 | 124 | 32 | ||||
Individual Non-Single Premium | 5.96 | 35.28 | 16.21 | 3000 | 20079 | 9689 | ||||
Group Single Premium | 0.52 | 6.19 | 0.58 | 0 | 5 | 4 | 94 | 3278 | 93 | |
Group Non-Single Premium | 1.05 | 3.69 | 2.42 | 11 | 116 | 56 | 97764 | 218232 | 22759 | |
Private Total | ||||||||||
Individual Single Premium | 239.38 | 1342.23 | 1624.66 | 34215 | 242381 | 232722 | ||||
Individual Non-Single Premium | 1995.36 | 11210.60 | 11046.81 | 641451 | 4131666 | 4566875 | ||||
Group Single Premium | 324.53 | 3950.29 | 3704.64 | 134 | 1083 | 995 | 1294500 | 16231703 | 12249595 | |
Group Non-Single Premium | 177.35 | 2448.15 | 2530.96 | 271 | 2859 | 2740 | 3014555 | 14808124 | 10524099 | |
24 | LIC | |||||||||
Individual Single Premium | 3612.30 | 11882.81 | 8893.82 | 431462 | 1490507 | 1204941 | ||||
Individual Non-Single Premium | 5289.73 | 20249.43 | 19122.77 | 8111595 | 28399359 | 20947976 | ||||
Group Single Premium | 7314.71 | 31204.04 | 20873.18 | 0 | 120 | 77 | 48710 | 795272 | 576236 | |
Group Non-Single Premium | 1242.14 | 2438.19 | 1387.65 | 2834 | 20362 | 17903 | 3483408 | 30292994 | 26445752 | |
Grand Total | ||||||||||
Individual Single Premium | 3851.68 | 13225.04 | 10518.48 | 465677 | 1732888 | 1437663 | ||||
Individual Non-Single Premium | 7285.09 | 31460.03 | 30169.58 | 8753046 | 32531025 | 25514851 | ||||
Group Single Premium | 7639.24 | 35154.33 | 24577.81 | 134 | 1203 | 1072 | 1343210 | 17026975 | 12825831 | |
Group Non-Single Premium | 1419.50 | 4886.35 | 3918.61 | 3105 | 23221 | 20643 | 6497963 | 45101118 | 36969851 | |
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 |