Document Detail

Title: Business Figures -Life
Reference No.: March, 2014
Date: 08/05/2014
First Year Premium of Life Insurers for the Period ended March, 2014
First Year Premium of Life Insurers for the Period ended 31st March, 2014   (`crore)
Sl No. Insurer Premium   No. of Policies / Schemes No. of lives covered under Group Schemes
For March, 2014 Upto 31st March, 2014 Upto 31st March, 2013 For March, 2014 Upto 31st March, 2014 Upto 31st March, 2013 For March, 2014 Upto 31st March, 2014 Upto 31st March, 2013
1 Bajaj Allianz 456.47 2592.53 2987.90 59227 455457 731237 3457948 23253201 15814444
  Individual Single Premium 20.68 195.93 330.05 7 12486 32753     0
  Individual Non-Single Premium 125.06 982.35 1192.65 59113 442234 697801     0
  Group Single Premium 184.52 797.77 685.81 45 210 373 76763 9423614 12318084
  Group Non-Single Premium 126.21 616.49 779.39 62 527 310 3381185 13829587 3496360
2 ING Vysya 95.92 567.88 638.20 32807 197419 204602 5921 94551 0
  Individual Single Premium 9.50 73.41 137.13 100 609 1657     0
  Individual Non-Single Premium 86.07 492.19 500.25 32696 196771 202945     0
  Group Single Premium 0.03 0.48 0.82 0 0 0 9 57 0
  Group Non-Single Premium 0.32 1.80 0.00 11 39 0 5912 94494 0
3 Reliance Life 307.75 1933.99 1376.57 66940 587774 762898 134675 750539 1237981
  Individual Single Premium 7.54 65.10 154.36 174 5394 19031     0
  Individual Non-Single Premium 174.36 1114.17 962.88 66691 581952 743501     0
  Group Single Premium 2.03 32.64 33.81 38 244 198 109014 553926 1079941
  Group Non-Single Premium 123.81 722.08 225.53 37 184 168 25661 196613 158040
4 SBI Life 1368.78 5067.03 5182.88 210581 1041349 888887 210666 966866 1053167
  Individual Single Premium 105.28 452.38 459.92 8767 35336 31135     0
  Individual Non-Single Premium 493.04 2765.76 2341.00 201756 1005786 857535     0
  Group Single Premium 727.85 1615.60 2104.78 31 92 83 113453 456008 258520
  Group Non-Single Premium 42.62 233.29 277.18 27 135 134 97213 510858 794647
5 Tata AIA 34.62 434.24 560.16 7646 117534 150808 9958 262739 412665
  Individual Single Premium 0.42 28.68 36.39 4 1586 2608     0
  Individual Non-Single Premium 22.96 240.94 297.49 7630 115774 148075     0
  Group Single Premium 1.97 71.10 109.22 0 6 2 1719 90657 166991
  Group Non-Single Premium 9.27 93.51 117.06 12 168 123 8239 172082 245674
6 HDFC Standard 837.20 4037.18 4436.07 130343 884141 1026199 556257 2636831 1872088
  Individual Single Premium 58.23 199.02 181.16 18967 207333 233064     0
  Individual Non-Single Premium 414.67 2353.95 3113.09 111258 676215 792675     0
  Group Single Premium 364.31 1484.21 1141.83 118 593 460 556257 2636831 1872076
  Group Non-Single Premium 0.00 0.00 -0.01 0 0 0 0 0 12
7 ICICI Prudential 511.21 3761.33 4808.62 79478 778911 960178 210314 911309 1338704
  Individual Single Premium 33.47 201.27 122.69 1709 8076 5893     0
  Individual Non-Single Premium 451.15 3232.41 3297.97 77724 770572 954065     0
  Group Single Premium 26.94 273.14 501.80 45 259 197 208846 905671 1244004
  Group Non-Single Premium -0.36 54.50 886.16 0 4 23 1468 5638 94700
8 Birla Sunlife 528.50 1696.50 1836.51 86663 416518 559006 196660 912855 798229
  Individual Single Premium 11.68 45.58 18.64 97 1172 999     0
  Individual Non-Single Premium 151.52 832.46 1029.48 86483 414945 557603     0
  Group Single Premium 1.42 13.19 7.67 0 3 1 608 4550 1655
  Group Non-Single Premium 363.87 805.27 780.72 83 398 403 196052 908305 796574
9 Aviva 204.84 593.47 687.40 18844 106076 140204 153158 1313582 647033
  Individual Single Premium 4.96 11.23 13.29 160 938 1196     0
  Individual Non-Single Premium 85.55 304.66 417.02 18642 105011 138877     0
  Group Single Premium 0.08 1.00 0.67 0 1 0 91 1191 1008
  Group Non-Single Premium 114.25 276.58 256.41 42 126 131 153067 1312391 646025
10 Kotak Mahindra Old Mutual 272.93 1271.81 1188.10 42252 160902 170253 697650 5681702 4047927
  Individual Single Premium 53.50 198.24 254.79 13548 24159 24092     0
  Individual Non-Single Premium 116.35 444.78 433.72 28583 135801 145387     0
  Group Single Premium 28.79 284.50 183.96 8 55 45 366217 3042949 2605166
  Group Non-Single Premium 74.28 344.29 315.64 113 887 729 331433 2638753 1442761
11 Max LIFE 410.45 2261.03 1899.34 82323 526806 505180 273804 2876623 2631683
  Individual Single Premium 53.89 328.92 226.35 107 423 251     0
  Individual Non-Single Premium 314.22 1735.78 1489.94 82174 525662 503999     0
  Group Single Premium 19.69 145.25 143.65 4 34 19 4993 646702 69075
  Group Non-Single Premium 22.64 51.09 39.41 38 687 911 268811 2229921 2562608
12 Met Life 124.36 672.60 840.08 25683 184251 212089 36821 1238887 753094
  Individual Single Premium -0.31 3.64 192.18 1 228 23175     0
  Individual Non-Single Premium 98.48 577.00 540.30 25631 183795 188681     0
  Group Single Premium 21.69 41.61 3.51 0 0 0 2349 20781 20318
  Group Non-Single Premium 4.49 50.36 104.09 51 228 233 34472 1218106 732776
13 Sahara Life 16.39 65.09 61.43 5832 40976 64852 0 0 386
  Individual Single Premium 14.46 39.93 26.08 2495 7134 5637      
  Individual Non-Single Premium 1.93 25.16 35.34 3337 33842 59211      
  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 4 0 0 386
14 Shriram Life 77.11 395.37 420.65 23049 137699 153294 369236 1701032 1293427
  Individual Single Premium 31.45 96.30 113.77 3224 11562 13489     0
  Individual Non-Single Premium 25.94 171.77 175.86 19820 126048 139726     0
  Group Single Premium 16.35 108.56 117.37 1 25 6 175314 557568 497156
  Group Non-Single Premium 3.37 18.75 13.65 4 64 73 193922 1143464 796271
15 Bharti Axa Life 68.76 375.19 248.61 19263 104647 99637 5372 65167 39921
  Individual Single Premium 0.19 0.35 0.34 6354 6356 2080     0
  Individual Non-Single Premium 51.82 294.44 214.89 12904 98277 97542     0
  Group Single Premium 16.74 80.40 33.39 5 14 15 5372 65167 39921
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
16 Future Generali Life 42.56 224.84 240.43 10662 81453 113229 7713 199285 71049
  Individual Single Premium 5.80 48.44 26.27 574 4987 2743     0
  Individual Non-Single Premium 26.29 128.67 149.63 10077 76392 110439     0
  Group Single Premium 0.01 0.56 0.19 0 0 1 3 797 62
  Group Non-Single Premium 10.46 47.17 64.34 11 74 46 7710 198488 70987
17 IDBI Federal 53.34 315.69 345.14 15905 110349 121961 15200 265085 189089
  Individual Single Premium 0.26 40.81 76.86 -2 4793 12660     0
  Individual Non-Single Premium 49.19 262.13 237.85 15898 105513 109290     0
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 3.89 12.76 30.42 9 43 11 15200 265085 189089
18 Canara HSBC OBC Life 85.70 605.89 606.72 9069 51444 73410 22217 244800 184855
  Individual Single Premium 0.08 3.88 0.03 2 94 3     0
  Individual Non-Single Premium 47.48 277.27 355.05 9057 51278 73340     0
  Group Single Premium 1.97 15.77 11.58 0 6 0 1325 9649 3645
  Group Non-Single Premium 36.17 308.97 240.06 10 66 67 20892 235151 181210
19 Aegon Religare 31.56 147.06 135.90 19597 64181 64305 25690 25771 20797
  Individual Single Premium 0.40 2.90 6.10 10506 10636 8155     0
  Individual Non-Single Premium 35.43 144.01 123.61 9086 53540 56148     0
  Group Single Premium 0.04 0.15 0.15 5 5 1 25690 25771 20206
  Group Non-Single Premium -4.31 0.00 6.03 0 0 1 0 0 591
20 DLF Pramerica 55.62 174.12 138.59 7940 62842 102418 81299 357551 107257
  Individual Single Premium 0.00 4.40 3.58 0 289 301     0
  Individual Non-Single Premium 17.52 105.31 134.04 7924 62432 102083     0
  Group Single Premium 37.47 60.87 0.00 2 4 0 7521 11606 0
  Group Non-Single Premium 0.64 3.54 0.97 14 117 34 73778 345945 107257
21 Star Union Dai-ichi  92.66 562.85 744.80 15378 127601 152575 116867 523852 490296
  Individual Single Premium 9.15 73.18 310.43 549 4734 21348     0
  Individual Non-Single Premium 68.45 332.01 244.10 14819 122818 131179     0
  Group Single Premium 9.09 46.99 53.82 1 6 2 4569 28494 29300
  Group Non-Single Premium 5.97 110.67 136.44 9 43 46 112298 495358 460996
22 IndiaFirst 460.68 1681.29 1316.42 24491 90207 124051 592789 2374439 1386855
  Individual Single Premium 7.91 40.95 58.28 417 2716 4205     0
  Individual Non-Single Premium 45.50 147.57 235.67 24040 87300 119641     0
  Group Single Premium 407.27 1492.77 979.85 34 191 61 592789 2374439 59657
  Group Non-Single Premium 0.00 0.00 42.62 0 0 144 0 0 1327198
23 Edelweiss Tokio 21.45 80.39 47.33 7752 32999 23058 31223 258726 40605
  Individual Single Premium 1.06 2.98 1.67 74 299 128     0
  Individual Non-Single Premium 17.16 62.59 34.41 7666 32552 22827     0
  Group Single Premium 2.50 10.28 8.18 1 8 10 381 4030 1605
  Group Non-Single Premium 0.73 4.54 3.07 11 140 93 30842 254696 39000
  Private Total 6158.86 29517.38 30747.85 1001725 6361536 7404331 7211438 46915393 34431552
  Individual Single Premium 429.61 2157.52 2750.37 67834 351340 446603     0
  Individual Non-Single Premium 2920.16 17027.38 17556.23 933009 6004510 6952570     0
  Group Single Premium 1870.76 6576.82 6122.07 338 1756 1474 2253283 20860458 20288390
  Group Non-Single Premium 938.33 3755.66 4319.18 544 3930 3684 4958155 26054935 14143162
24 LIC 14769.53 90123.75 76487.59 2950657 34511781 36781642 7795734 47094727 43684970
  Individual Single Premium 1945.22 14729.08 13946.48 223451 1826434 1962706     0
  Individual Non-Single Premium 3442.05 26712.21 27987.28 2721479 32653996 34792745     0
  Group Single Premium 7548.17 43870.78 32252.39 1 122 286 1703690 3093803 2004790
  Group Non-Single Premium 1834.10 4811.69 2301.44 5726 31229 25905 6092044 44000924 41680180
  Grand Total 20928.40 119641.13 107235.44 3952382 40873317 44185973 15007172 94010120 78116522
  Individual Single Premium 2374.83 16886.60 16696.85 291285 2177774 2409309      
  Individual Non-Single Premium 6362.21 43739.59 45543.51 3654488 38658506 41745315      
  Group Single Premium 9418.93 50447.60 38374.46 339 1878 1760 3956973 23954261 22293180
  Group Non-Single Premium 2772.43 8567.34 6620.62 6270 35159 29589 11050199 70055859 55823342
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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