Document Detail
Title: Business Figures -Life
Reference No.: June, 2014
Date: 11/08/2014
First Year Premium of Life Insurers for the Period ended 30th June, 2014
First Year Premium of Life Insurers for the Period ended 30th June, 2014 | (Premium in ` Crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
For June, 2014 | Up to 30th June, 2014 | Up to 30th June, 2013 | For June, 2014 | Up to 30th June, 2014 | Up to 30th June, 2013 | For June, 2014 | Up to 30th June, 2014 | Up to 30th June, 2013 | ||
1 | Bajaj Allianz | 131.62 | 391.93 | 437.91 | 17560 | 42978 | 95140 | 2569980 | 6423995 | 4081066 |
Individual Single Premium | 13.62 | 25.00 | 42.78 | 431 | 703 | 3747 | ||||
Individual Non-Single Premium | 36.41 | 79.04 | 136.97 | 17087 | 42091 | 91259 | ||||
Group Single Premium | 48.40 | 182.59 | 129.21 | 13 | 30 | 91 | 49846 | 155617 | 3957367 | |
Group Non-Single Premium | 33.18 | 105.30 | 128.94 | 29 | 154 | 43 | 2520134 | 6268378 | 123699 | |
2 | ING Vysya | 48.21 | 113.22 | 82.18 | 14855 | 32325 | 33238 | 1942 | 18023 | 49 |
Individual Single Premium | 9.70 | 36.94 | 2.11 | 21 | 119 | 177 | ||||
Individual Non-Single Premium | 38.40 | 75.14 | 79.92 | 14827 | 32183 | 33061 | ||||
Group Single Premium | 0.00 | 0.03 | 0.11 | 0 | 0 | 0 | 1 | 6 | 17 | |
Group Non-Single Premium | 0.11 | 1.11 | 0.04 | 7 | 23 | 0 | 1941 | 18017 | 32 | |
3 | Reliance Life | 192.37 | 553.66 | 513.43 | 45316 | 105996 | 156508 | 164440 | 345100 | 199216 |
Individual Single Premium | 2.22 | 6.90 | 31.26 | 101 | 364 | 3090 | ||||
Individual Non-Single Premium | 98.80 | 244.88 | 236.18 | 45181 | 105537 | 153331 | ||||
Group Single Premium | 4.00 | 6.06 | 3.36 | 14 | 38 | 37 | 145631 | 279335 | 125116 | |
Group Non-Single Premium | 87.35 | 295.81 | 242.63 | 20 | 57 | 50 | 18809 | 65765 | 74100 | |
4 | SBI Life | 391.37 | 732.81 | 717.13 | 66496 | 134039 | 114897 | 36318 | 159140 | 259819 |
Individual Single Premium | 39.45 | 91.21 | 60.80 | 2625 | 5175 | 4702 | ||||
Individual Non-Single Premium | 149.41 | 322.62 | 280.37 | 63859 | 128807 | 110167 | ||||
Group Single Premium | 189.01 | 273.92 | 331.76 | 6 | 13 | 8 | 19059 | 45151 | 130541 | |
Group Non-Single Premium | 13.50 | 45.06 | 44.20 | 6 | 44 | 20 | 17259 | 113989 | 129278 | |
5 | Tata AIA | 14.43 | 44.23 | 112.74 | 3330 | 9701 | 23099 | 3067 | 21771 | 73278 |
Individual Single Premium | 0.01 | 0.08 | 5.12 | 0 | 0 | 394 | ||||
Individual Non-Single Premium | 10.52 | 32.81 | 51.79 | 3323 | 9665 | 22658 | ||||
Group Single Premium | 1.86 | 3.59 | 27.66 | 1 | 1 | 0 | 1378 | 2940 | 37406 | |
Group Non-Single Premium | 2.04 | 7.75 | 28.18 | 6 | 35 | 47 | 1689 | 18831 | 35872 | |
6 | HDFC Standard | 337.24 | 810.40 | 584.64 | 63452 | 132921 | 108213 | 310672 | 730916 | 446805 |
Individual Single Premium | 21.89 | 63.03 | 25.01 | 13782 | 15183 | 1367 | ||||
Individual Non-Single Premium | 207.48 | 446.69 | 314.65 | 49619 | 117628 | 106760 | ||||
Group Single Premium | 107.87 | 300.67 | 244.98 | 51 | 110 | 86 | 310672 | 730916 | 446805 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
7 | ICICI Prudential | 342.21 | 782.21 | 565.08 | 56740 | 150401 | 173915 | 107930 | 224311 | 279369 |
Individual Single Premium | 17.55 | 47.23 | 36.13 | 743 | 2196 | 1758 | ||||
Individual Non-Single Premium | 307.56 | 602.00 | 443.95 | 55973 | 148125 | 172077 | ||||
Group Single Premium | 13.10 | 128.98 | 76.26 | 24 | 80 | 77 | 107930 | 224311 | 276153 | |
Group Non-Single Premium | 4.00 | 4.00 | 8.74 | 0 | 0 | 3 | 0 | 0 | 3216 | |
8 | Birla Sunlife | 204.00 | 385.20 | 246.66 | 21903 | 50942 | 71070 | 157353 | 305266 | 172064 |
Individual Single Premium | 2.59 | 5.89 | 4.42 | 52 | 113 | 190 | ||||
Individual Non-Single Premium | 60.84 | 141.09 | 156.85 | 21820 | 50699 | 70790 | ||||
Group Single Premium | 1.13 | 2.49 | 3.91 | 0 | 0 | 2 | 485 | 1187 | 980 | |
Group Non-Single Premium | 139.44 | 235.74 | 81.48 | 31 | 130 | 88 | 156868 | 304079 | 171084 | |
9 | Aviva | 95.36 | 171.35 | 107.99 | 5837 | 15682 | 20753 | 71648 | 189667 | 314459 |
Individual Single Premium | 0.55 | 1.38 | 1.49 | 22 | 123 | 163 | ||||
Individual Non-Single Premium | 21.49 | 56.17 | 39.15 | 5809 | 15543 | 20569 | ||||
Group Single Premium | 0.04 | 0.10 | 0.23 | 0 | 0 | 0 | 49 | 120 | 283 | |
Group Non-Single Premium | 73.28 | 113.69 | 67.11 | 6 | 16 | 21 | 71599 | 189547 | 314176 | |
10 | Kotak Mahindra Old Mutual | 100.32 | 217.27 | 248.03 | 9488 | 18708 | 21302 | 501596 | 1384159 | 1160580 |
Individual Single Premium | 14.26 | 26.06 | 24.47 | 369 | 610 | 1612 | ||||
Individual Non-Single Premium | 29.27 | 57.62 | 53.82 | 9045 | 17873 | 19411 | ||||
Group Single Premium | 24.04 | 68.44 | 56.43 | 3 | 6 | 10 | 260369 | 754542 | 725680 | |
Group Non-Single Premium | 32.75 | 65.15 | 113.31 | 71 | 219 | 269 | 241227 | 629617 | 434900 | |
11 | Max Life | 186.68 | 465.69 | 383.12 | 42554 | 103127 | 96070 | 201782 | 614217 | 720273 |
Individual Single Premium | 34.67 | 83.63 | 52.65 | 121 | 229 | 36 | ||||
Individual Non-Single Premium | 135.55 | 346.58 | 288.24 | 42383 | 102631 | 95682 | ||||
Group Single Premium | 14.38 | 29.38 | 29.47 | 0 | 23 | 9 | 3641 | 20106 | 19825 | |
Group Non-Single Premium | 2.10 | 6.10 | 12.76 | 50 | 244 | 343 | 198141 | 594111 | 700448 | |
12 | Met Life | 52.04 | 137.07 | 134.20 | 15884 | 33188 | 39195 | 98632 | 338761 | 299266 |
Individual Single Premium | 0.08 | 0.33 | 2.25 | 1 | 7 | 168 | ||||
Individual Non-Single Premium | 45.90 | 114.53 | 117.57 | 15843 | 33017 | 38979 | ||||
Group Single Premium | 3.29 | 6.68 | 6.56 | 0 | 0 | 0 | 1575 | 2734 | 5881 | |
Group Non-Single Premium | 2.77 | 15.52 | 7.83 | 40 | 164 | 48 | 97057 | 336027 | 293385 | |
13 | Sahara Life | 2.63 | 4.21 | 6.26 | 1333 | 2149 | 6185 | 0 | 0 | 0 |
Individual Single Premium | 1.70 | 2.31 | 1.81 | 386 | 524 | 426 | ||||
Individual Non-Single Premium | 0.93 | 1.90 | 4.45 | 947 | 1625 | 5759 | ||||
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 | 41.17 | 79.64 | 95.64 | 12887 | 24478 | 33855 | 138608 | 283220 | 370585 |
Individual Single Premium | 16.13 | 32.13 | 19.32 | 1669 | 3389 | 2384 | ||||
Individual Non-Single Premium | 13.01 | 24.55 | 45.23 | 11214 | 21079 | 31454 | ||||
Group Single Premium | 11.41 | 21.48 | 26.78 | 1 | 2 | 3 | 102369 | 194363 | 112996 | |
Group Non-Single Premium | 0.62 | 1.49 | 4.30 | 3 | 8 | 14 | 36239 | 88857 | 257589 | |
15 | Bharti Axa Life | 38.57 | 87.72 | 57.79 | 6803 | 16667 | 20806 | 3369 | 8708 | 4497 |
Individual Single Premium | 0.12 | 0.21 | 0.01 | 10 | 15 | -1 | ||||
Individual Non-Single Premium | 27.89 | 63.27 | 48.25 | 6793 | 16651 | 20805 | ||||
Group Single Premium | 10.55 | 24.24 | 9.54 | 0 | 1 | 2 | 3369 | 8708 | 4497 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | 13.40 | 26.87 | 28.78 | 2648 | 7423 | 15169 | 7639 | 16672 | 76105 |
Individual Single Premium | 0.65 | 1.49 | 5.64 | 66 | 178 | 666 | ||||
Individual Non-Single Premium | 7.13 | 18.08 | 19.16 | 2576 | 7232 | 14492 | ||||
Group Single Premium | 0.00 | 0.00 | 0.20 | 0 | 0 | 0 | 0 | 0 | 406 | |
Group Non-Single Premium | 5.62 | 7.29 | 3.78 | 6 | 13 | 11 | 7639 | 16672 | 75699 | |
17 | IDBI Federal | 24.98 | 41.80 | 46.87 | 8336 | 13678 | 15965 | 49434 | 121769 | 52411 |
Individual Single Premium | -0.06 | -0.22 | 9.74 | -3 | -5 | 988 | ||||
Individual Non-Single Premium | 22.34 | 36.93 | 30.90 | 8330 | 13665 | 14973 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 2.70 | 5.10 | 6.23 | 9 | 18 | 4 | 49434 | 121769 | 52411 | |
18 | Canara HSBC OBC Life | 36.04 | 104.26 | 167.41 | 4036 | 10219 | 8609 | 11196 | 30187 | 32589 |
Individual Single Premium | 0.09 | 0.25 | 0.00 | 3 | 6 | 1 | ||||
Individual Non-Single Premium | 22.06 | 66.22 | 49.74 | 4029 | 10202 | 8591 | ||||
Group Single Premium | 11.35 | 32.15 | 4.64 | 1 | 2 | 0 | 883 | 3077 | 1341 | |
Group Non-Single Premium | 2.54 | 5.63 | 113.03 | 3 | 9 | 17 | 10313 | 27110 | 31248 | |
19 | Aegon Religare | 9.20 | 20.64 | 14.94 | 3622 | 8614 | 7460 | 0 | 0 | 18 |
Individual Single Premium | 0.05 | 0.09 | 0.85 | 2 | 3 | 34 | ||||
Individual Non-Single Premium | 9.15 | 20.55 | 13.73 | 3620 | 8611 | 7426 | ||||
Group Single Premium | 0.00 | 0.00 | 0.01 | 0 | 0 | 0 | 0 | 0 | 18 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.34 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | DLF Pramerica | 40.89 | 103.88 | 21.64 | 3914 | 10813 | 15888 | 58676 | 239085 | 51669 |
Individual Single Premium | 0.00 | 0.02 | 0.50 | 0 | 2 | 43 | ||||
Individual Non-Single Premium | 9.65 | 27.85 | 20.79 | 3902 | 10788 | 15819 | ||||
Group Single Premium | 30.08 | 73.52 | 0.00 | 0 | 0 | 0 | 6132 | 15231 | 0 | |
Group Non-Single Premium | 1.16 | 2.50 | 0.35 | 12 | 23 | 26 | 52544 | 223854 | 51669 | |
21 | Star Union dai-ichi | 28.60 | 67.52 | 86.95 | 6462 | 12902 | 18470 | 84854 | 189851 | 92366 |
Individual Single Premium | 2.73 | 5.46 | 15.93 | 161 | 334 | 1086 | ||||
Individual Non-Single Premium | 21.26 | 40.45 | 37.51 | 6296 | 12546 | 17379 | ||||
Group Single Premium | 3.64 | 7.82 | 6.14 | 0 | 0 | 0 | 2405 | 5490 | 3773 | |
Group Non-Single Premium | 0.96 | 13.79 | 27.37 | 5 | 22 | 5 | 82449 | 184361 | 88593 | |
22 | IndiaFirst | 118.72 | 325.67 | 254.78 | 5063 | 15667 | 12702 | 170105 | 416488 | 159731 |
Individual Single Premium | 1.84 | 6.96 | 4.75 | 111 | 403 | 369 | ||||
Individual Non-Single Premium | 6.43 | 24.59 | 25.07 | 4930 | 15211 | 12304 | ||||
Group Single Premium | 110.45 | 294.13 | 224.96 | 22 | 53 | 29 | 170105 | 416488 | 159731 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
23 | Edelweiss Tokio | 6.38 | 16.10 | 7.33 | 1837 | 3826 | 4567 | 1890 | 27926 | 4466 |
Individual Single Premium | 0.16 | 0.31 | 0.48 | 49 | 101 | 46 | ||||
Individual Non-Single Premium | 4.93 | 11.80 | 6.54 | 1782 | 3704 | 4516 | ||||
Group Single Premium | 1.09 | 2.28 | 0.17 | 1 | 1 | 1 | 244 | 451 | 57 | |
Group Non-Single Premium | 0.20 | 1.71 | 0.14 | 5 | 20 | 4 | 1646 | 27475 | 4409 | |
Private Total | 2456.43 | 5683.36 | 4921.49 | 420356 | 956444 | 1113076 | 4751131 | 12089232 | 8850681 | |
Individual Single Premium | 179.99 | 436.69 | 347.52 | 20722 | 29772 | 23446 | ||||
Individual Non-Single Premium | 1286.40 | 2855.37 | 2500.84 | 399188 | 925113 | 1088262 | ||||
Group Single Premium | 585.71 | 1458.56 | 1182.40 | 137 | 360 | 355 | 1186143 | 2860773 | 6008873 | |
Group Non-Single Premium | 404.32 | 932.74 | 890.73 | 309 | 1199 | 1013 | 3564988 | 9228459 | 2841808 | |
24 | LIC | 6259.27 | 14015.92 | 14294.69 | 1226272 | 2863103 | 5065155 | 4099516 | 14343676 | 6579712 |
Individual Single Premium | 1455.36 | 2639.67 | 1974.76 | 157304 | 296438 | 269228 | ||||
Individual Non-Single Premium | 1739.36 | 4155.47 | 4016.87 | 1065221 | 2559010 | 4790595 | ||||
Group Single Premium | 2747.53 | 6557.83 | 7801.54 | 3 | 4 | 58 | 122087 | 457049 | 402351 | |
Group Non-Single Premium | 317.03 | 662.94 | 501.52 | 3744 | 7651 | 5274 | 3977429 | 13886627 | 6177361 | |
Grand Total | 8715.70 | 19699.28 | 19216.18 | 1646628 | 3819547 | 6178231 | 8850647 | 26432908 | 15430393 | |
Individual Single Premium | 1635.35 | 3076.36 | 2322.28 | 178026 | 326210 | 292674 | ||||
Individual Non-Single Premium | 3025.76 | 7010.84 | 6517.71 | 1464409 | 3484123 | 5878857 | ||||
Group Single Premium | 3333.24 | 8016.39 | 8983.93 | 140 | 364 | 413 | 1308230 | 3317822 | 6411224 | |
Group Non-Single Premium | 721.35 | 1595.68 | 1392.26 | 4053 | 8850 | 6287 | 7542417 | 23115086 | 9019169 | |
Note: 1.Cumulative premium 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 |