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
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    First Year Premium of Life Insurers for the Period ended December, 2013.xls

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