Document Detail

Title: Business Figures -Life
Reference No.: December, 2014
Date: 10/02/2015
First Year Premium of Life Insurers for the Period ended 31st December, 14
First Year Premium of Life Insurers for the Period ended 31st December, 2014 (Premium in ` Crore)
Sl No. Insurer Premium   No. of Policies / Schemes No. of lives covered under Group Schemes
For December, 2014 Up to 31st December, 2014 Upto 31st December, 2013 For December, 2014 Up to 31st December, 2014 Upto 31st December, 2013 For December, 2014 Up to 31st December, 2014 Upto 31st December, 2013
1 Bajaj Allianz 274.67 1575.28 1775.98 22907 178958 331134 3090648 23606853 15430475
  Individual Single Premium 33.24 189.18 159.19 2394 10907 11688      
  Individual Non-Single Premium 65.74 457.59 701.94 20450 167594 318939      
  Group Single Premium 33.27 376.00 485.39 9 86 146 26486 404888 9132570
  Group Non-Single Premium 142.43 552.51 429.45 54 371 361 3064162 23201965 6297905
2 Exide Life 77.26 426.39 344.73 13921 105017 131326 20346 58591 20091
  Individual Single Premium 42.61 149.55 23.32 143 1078 420      
  Individual Non-Single Premium 33.62 272.40 320.02 13747 103846 130884      
  Group Single Premium 0.00 0.04 0.42 0 0 0 0 7 43
  Group Non-Single Premium 1.03 4.40 0.96 31 93 22 20346 58584 20048
3 Reliance Life 258.24 1573.49 1424.13 52078 332934 456695 235602 1470761 530396
  Individual Single Premium 2.13 17.31 51.56 126 937 4947      
  Individual Non-Single Premium 141.02 818.28 794.50 51920 331688 451476      
  Group Single Premium 6.02 46.27 24.78 9 133 149 197200 1348397 366404
  Group Non-Single Premium 109.07 691.62 553.29 23 176 123 38402 122364 163992
4 SBI Life 846.81 3362.11 3033.87 173893 728607 682330 47815 546642 639906
  Individual Single Premium 111.83 464.93 271.25 5055 24890 20165      
  Individual Non-Single Premium 534.50 1840.57 1854.85 168814 703515 662031      
  Group Single Premium 182.85 904.13 756.41 6 51 47 20815 204087 303101
  Group Non-Single Premium 17.63 152.48 151.37 18 151 87 27000 342555 336805
5 Tata AIA 23.91 164.76 351.37 4938 34525 84408 11492 191984 222347
  Individual Single Premium 0.04 0.66 24.83 0 12 1435      
  Individual Non-Single Premium 16.66 115.69 183.63 4930 34311 82836      
  Group Single Premium 1.32 12.16 66.24 0 2 4 1190 10763 86354
  Group Non-Single Premium 5.88 36.25 76.67 8 200 133 10302 181221 135993
6 HDFC Standard 684.64 3438.31 2525.03 76694 533838 600868 426547 2846327 1569917
  Individual Single Premium 33.52 217.61 100.09 11617 104601 169151      
  Individual Non-Single Premium 341.39 1848.45 1444.50 65043 428844 431355      
  Group Single Premium 309.73 1372.25 980.44 34 393 362 426547 2846327 1569917
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
7 ICICI Prudential 532.72 3586.12 2559.73 52272 464811 573482 62188 665105 531127
  Individual Single Premium 18.27 158.53 130.78 620 5258 4817      
  Individual Non-Single Premium 505.32 2994.93 2177.29 51626 459326 568510      
  Group Single Premium 9.13 428.65 197.76 26 227 151 62188 665105 527269
  Group Non-Single Premium 0.00 4.00 53.91 0 0 4 0 0 3858
8 Birla Sunlife 291.97 1231.11 971.09 26781 177651 256140 79831 706965 572213
  Individual Single Premium 2.23 21.00 22.57 41 332 999      
  Individual Non-Single Premium 59.19 472.06 558.72 26683 176954 254871      
  Group Single Premium 0.87 8.36 10.17 0 1 2 435 3420 3219
  Group Non-Single Premium 229.67 729.69 379.62 57 364 268 79396 703545 568994
9 Aviva 36.75 346.16 295.05 5743 50864 70475 92267 719389 978435
  Individual Single Premium 1.15 7.79 5.09 1076 3690 572      
  Individual Non-Single Premium 17.48 175.54 161.15 4664 47143 69837      
  Group Single Premium 0.24 0.45 0.77 1 1 1 839 1083 911
  Group Non-Single Premium 17.88 162.38 128.04 2 30 65 91428 718306 977524
10 Kotak Mahindra Old Mutual 139.24 865.56 792.67 16629 94487 91814 375028 4259221 3825625
  Individual Single Premium 9.71 101.46 110.48 591 8063 4871      
  Individual Non-Single Premium 63.08 301.34 258.49 15970 85790 86271      
  Group Single Premium 31.17 230.62 187.34 4 33 32 337122 2646314 1937870
  Group Non-Single Premium 35.28 232.13 236.36 64 601 640 37906 1612907 1887755
11 Max Life 320.92 1693.75 1479.24 53837 337906 360263 45778 1447718 2094220
  Individual Single Premium 58.02 301.91 213.75 108 650 216      
  Individual Non-Single Premium 241.00 1251.09 1140.35 53701 336814 359423      
  Group Single Premium 20.32 124.19 101.14 0 31 24 4838 42523 624563
  Group Non-Single Premium 1.58 16.57 24.00 28 411 600 40940 1405195 1469657
12 PNB Met Life 88.47 510.37 446.47 19984 131674 135361 100789 1764632 991273
  Individual Single Premium 0.86 4.52 3.22 14 84 220      
  Individual Non-Single Premium 80.11 438.55 392.20 19956 131250 134979      
  Group Single Premium 0.49 5.79 17.51 0 0 0 991 7447 15052
  Group Non-Single Premium 7.00 61.51 33.54 14 340 162 99798 1757185 976221
13 Sahara Life 3.39 21.70 25.93 1842 13982 25399 0 0 0
  Individual Single Premium 2.56 15.00 8.36 487 3088 1817      
  Individual Non-Single Premium 0.83 6.69 17.57 1355 10894 23582      
  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 54.44 321.68 271.95 22092 116651 98112 345404 1522313 1035385
  Individual Single Premium 8.11 77.58 52.42 696 7677 6591      
  Individual Non-Single Premium 29.79 145.64 126.29 21393 108942 91455      
  Group Single Premium 13.44 85.74 81.55 0 3 18 137687 816240 291615
  Group Non-Single Premium 3.10 12.71 11.71 3 29 48 207717 706073 743770
15 Bharti Axa Life 46.74 315.48 242.96 8625 58787 70317 3484 28057 19539
  Individual Single Premium 0.07 1.02 0.11 0 43 -3      
  Individual Non-Single Premium 35.53 231.18 192.83 8625 58740 70314      
  Group Single Premium 11.13 83.28 50.02 0 4 6 3484 28057 19539
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
16 Future Generali Life 32.15 121.04 141.86 3079 24010 54565 19060 103304 163182
  Individual Single Premium 0.33 4.47 35.55 42 491 3673      
  Individual Non-Single Premium 10.85 68.16 73.49 3027 23451 50844      
  Group Single Premium 0.00 0.00 0.54 0 0 0 0 0 779
  Group Non-Single Premium 20.97 48.41 32.27 10 68 48 19060 103304 162403
17 IDBI Federal 53.52 228.22 212.28 9674 58622 79294 10784 367743 192159
  Individual Single Premium 17.93 36.10 39.09 900 1945 4711      
  Individual Non-Single Premium 24.44 163.74 165.60 8766 56624 74562      
  Group Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
  Group Non-Single Premium 11.14 28.37 7.59 8 53 21 10784 367743 192159
18 Canara HSBC OBC Life 34.59 284.63 426.52 6856 40548 33787 3932 65223 186787
  Individual Single Premium 0.00 0.57 3.77 0 10 92      
  Individual Non-Single Premium 26.27 216.56 183.39 6853 40512 33640      
  Group Single Premium 8.12 58.70 10.97 1 4 5 606 7428 6038
  Group Non-Single Premium 0.19 8.80 228.39 2 22 50 3326 57795 180749
19 Aegon Religare 18.48 107.45 83.21 6543 35876 33741 18 5397 81
  Individual Single Premium 0.08 0.56 2.29 1448 1739 120      
  Individual Non-Single Premium 18.38 106.82 76.50 5095 34136 33621      
  Group Single Premium 0.02 0.07 0.11 0 1 0 18 5397 81
  Group Non-Single Premium 0.00 0.00 4.31 0 0 0 0 0 0
20 DHFL Pramerica  62.24 386.06 75.15 6161 39160 46297 1153906 2957972 187230
  Individual Single Premium 0.00 0.02 3.79 0 2 270      
  Individual Non-Single Premium 14.47 95.33 69.34 6154 39090 45943      
  Group Single Premium 39.83 264.14 0.00 0 1 0 7720 53751 0
  Group Non-Single Premium 7.94 26.58 2.02 7 67 84 1146186 2904221 187230
21 Star Union Dai-Ichi  78.75 428.45 388.72 11180 63347 98006 69666 466530 302599
  Individual Single Premium 5.18 25.94 55.06 294 1511 3751      
  Individual Non-Single Premium 49.19 237.63 212.65 10884 61774 94223      
  Group Single Premium 3.34 25.91 30.05 0 0 5 2914 20664 17770
  Group Non-Single Premium 21.03 138.97 90.96 2 62 27 66752 445866 284829
22 IndiaFirst  244.01 1052.28 1036.66 7228 55049 43851 516967 593903 1325330
  Individual Single Premium 3.86 19.58 24.15 102 982 1734      
  Individual Non-Single Premium 11.66 79.53 70.03 7121 53934 41991      
  Group Single Premium 228.48 953.16 942.48 5 133 126 516967 593903 1325330
  Group Non-Single Premium 0.00 0.00 0.00 0 0 0 0 0 0
23 Edelweiss Tokio 9.34 69.94 46.67 2124 16112 20324 13320 276539 221510
  Individual Single Premium 0.22 1.27 1.51 13 178 124      
  Individual Non-Single Premium 8.02 52.50 35.28 2104 15875 20079      
  Group Single Premium 0.82 10.05 6.19 0 3 5 176 1755 3278
  Group Non-Single Premium 0.28 6.11 3.69 7 56 116 13144 274784 218232
  Private Total 4213.25 22110.31 18951.27 605081 3693416 4377989 6724872 44671169 31039827
  Individual Single Premium 351.96 1816.58 1342.23 25767 178168 242381      
  Individual Non-Single Premium 2328.57 12390.28 11210.60 578881 3511047 4131666      
  Group Single Premium 900.61 4989.96 3950.29 95 1107 1083 1748223 9707556 16231703
  Group Non-Single Premium 632.11 2913.48 2448.15 338 3094 2859 4976649 34963613 14808124
24 LIC 5858.55 51667.07 65774.47 1914194 12342201 29910348 2306151 33511755 31088266
  Individual Single Premium 852.11 10557.25 11882.81 96761 1322442 1490507      
  Individual Non-Single Premium 1767.64 12735.37 20249.43 1815082 10995399 28399359      
  Group Single Premium 2846.18 25718.31 31204.04 0 5 120 1340 1026764 795272
  Group Non-Single Premium 392.63 2656.13 2438.19 2351 24355 20362 2304811 32484991 30292994
  Grand Total 10071.80 73777.37 84725.74 2519275 16035617 34288337 9031023 78182924 62128093
  Individual Single Premium 1204.06 12373.83 13225.04 122528 1500610 1732888      
  Individual Non-Single Premium 4096.20 25125.65 31460.03 2393963 14506446 32531025      
  Group Single Premium 3746.79 30708.28 35154.33 95 1112 1203 1749563 10734320 17026975
  Group Non-Single Premium 1024.74 5569.62 4886.35 2689 27449 23221 7281460 67448604 45101118
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

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