Document Detail
Title: Business Figures -Life
Reference No.: March, 2015
Date: 27/07/2015
First Year Premium of Life Insurers for the Period ended 31st March, 2015
First Year Premium of Life Insurers for the Period ended 31st March, 2015 |
(Premium in ` Crore) |
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Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
For March, 2015 | Up to 31st March, 2015 | Upto 31st March, 2014 | For March, 2015 | Up to 31st March, 2015 | Upto 31st March, 2014 | For March, 2015 | Up to 31st March, 2015 | Upto 31st March, 2014 | ||
1 | Bajaj Allianz | 559.74 | 2702.05 | 2592.53 | 61781 | 295917 | 455457 | 5617028 | 37321923 | 23253201 |
Individual Single Premium | 62.58 | 312.70 | 195.93 | 3548 | 18244 | 12486 | ||||
Individual Non-Single Premium | 143.91 | 744.21 | 982.35 | 58187 | 277112 | 442234 | ||||
Group Single Premium | 269.51 | 888.40 | 797.77 | 30 | 136 | 210 | 114494 | 618579 | 9423614 | |
Group Non-Single Premium | 83.74 | 756.75 | 616.49 | 16 | 425 | 527 | 5502534 | 36703344 | 13829587 | |
2 | Exide Life | 94.02 | 645.16 | 567.88 | 29627 | 161881 | 197419 | 36804 | 237214 | 94551 |
Individual Single Premium | 15.84 | 215.59 | 73.41 | 463 | 1818 | 609 | ||||
Individual Non-Single Premium | 75.92 | 419.14 | 492.19 | 29122 | 159891 | 196771 | ||||
Group Single Premium | 0.00 | 0.04 | 0.48 | 0 | 0 | 0 | 0 | 7 | 57 | |
Group Non-Single Premium | 2.27 | 10.39 | 1.80 | 42 | 172 | 39 | 36804 | 237207 | 94494 | |
3 | Reliance Life | 246.30 | 2069.69 | 1933.99 | 70169 | 479078 | 587774 | 478237 | 2460607 | 750539 |
Individual Single Premium | 2.67 | 23.25 | 65.10 | 252 | 1405 | 5394 | ||||
Individual Non-Single Premium | 176.88 | 1200.06 | 1114.17 | 69863 | 477260 | 581952 | ||||
Group Single Premium | 12.33 | 75.34 | 32.64 | 23 | 182 | 244 | 458653 | 2310596 | 553926 | |
Group Non-Single Premium | 54.42 | 771.03 | 722.08 | 31 | 231 | 184 | 19584 | 150011 | 196613 | |
4 | SBI Life | 1240.99 | 5528.10 | 5067.03 | 196894 | 1126211 | 1041349 | 373891 | 1057361 | 966866 |
Individual Single Premium | 151.46 | 706.47 | 452.38 | 10315 | 40708 | 35336 | ||||
Individual Non-Single Premium | 565.66 | 3049.70 | 2765.76 | 186510 | 1085186 | 1005786 | ||||
Group Single Premium | 451.43 | 1491.97 | 1615.60 | 30 | 89 | 92 | 106468 | 340344 | 456008 | |
Group Non-Single Premium | 72.44 | 279.97 | 233.29 | 39 | 228 | 135 | 267423 | 717017 | 510858 | |
5 | Tata AIA | 87.50 | 313.08 | 434.24 | 21753 | 72055 | 117534 | 79342 | 278670 | 262739 |
Individual Single Premium | 1.12 | 1.92 | 28.68 | 4 | 19 | 1586 | ||||
Individual Non-Single Premium | 70.06 | 233.80 | 240.94 | 21717 | 71796 | 115774 | ||||
Group Single Premium | 1.73 | 16.22 | 71.10 | 0 | 2 | 6 | 1875 | 14746 | 90657 | |
Group Non-Single Premium | 14.59 | 61.14 | 93.51 | 32 | 238 | 168 | 77467 | 263924 | 172082 | |
6 | HDFC Standard | 1131.92 | 5493.18 | 4037.18 | 159527 | 876781 | 884141 | 1017832 | 4861059 | 2636831 |
Individual Single Premium | 50.88 | 384.90 | 199.02 | 44332 | 208019 | 207333 | ||||
Individual Non-Single Premium | 516.21 | 2928.99 | 2353.95 | 115049 | 668125 | 676215 | ||||
Group Single Premium | 564.84 | 2179.30 | 1484.21 | 146 | 637 | 593 | 1017832 | 4861059 | 2636831 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
7 | ICICI Prudential | 665.31 | 5333.30 | 3761.33 | 68606 | 639137 | 778911 | 155841 | 921137 | 911309 |
Individual Single Premium | 43.72 | 252.01 | 201.27 | 1888 | 9111 | 8076 | ||||
Individual Non-Single Premium | 603.23 | 4570.34 | 3232.41 | 66665 | 629689 | 770572 | ||||
Group Single Premium | 18.36 | 506.95 | 273.14 | 53 | 337 | 259 | 155841 | 921137 | 905671 | |
Group Non-Single Premium | 0.00 | 4.00 | 54.50 | 0 | 0 | 4 | 0 | 0 | 5638 | |
8 | Birla Sunlife | 498.69 | 1941.55 | 1696.50 | 61319 | 289637 | 416518 | 109974 | 971319 | 912855 |
Individual Single Premium | 4.79 | 29.81 | 45.58 | 146 | 560 | 1172 | ||||
Individual Non-Single Premium | 159.11 | 735.22 | 832.46 | 61073 | 288541 | 414945 | ||||
Group Single Premium | 1.98 | 11.77 | 13.19 | 1 | 6 | 3 | 1594 | 6557 | 4550 | |
Group Non-Single Premium | 332.81 | 1164.75 | 805.27 | 99 | 530 | 398 | 108380 | 964762 | 908305 | |
9 | Aviva | 122.54 | 557.04 | 593.47 | 20078 | 84805 | 106076 | 162798 | 1093910 | 1313582 |
Individual Single Premium | 1.17 | 10.36 | 11.23 | 3864 | 10432 | 938 | ||||
Individual Non-Single Premium | 73.77 | 297.21 | 304.66 | 16200 | 74317 | 105011 | ||||
Group Single Premium | 0.00 | 0.49 | 1.00 | 0 | 1 | 1 | 3 | 1261 | 1191 | |
Group Non-Single Premium | 47.60 | 248.97 | 276.58 | 14 | 55 | 126 | 162795 | 1092649 | 1312391 | |
10 | Kotak Mahindra Old Mutual | 416.61 | 1540.18 | 1271.81 | 57647 | 187120 | 160902 | 972002 | 6849364 | 5681702 |
Individual Single Premium | 27.69 | 147.05 | 198.24 | 15599 | 28665 | 24159 | ||||
Individual Non-Single Premium | 181.11 | 602.31 | 444.78 | 41942 | 157586 | 135801 | ||||
Group Single Premium | 38.27 | 331.71 | 284.50 | 5 | 44 | 55 | 545111 | 3952415 | 3042949 | |
Group Non-Single Premium | 169.54 | 459.12 | 344.29 | 101 | 825 | 887 | 426891 | 2896949 | 2638753 | |
11 | Max Life | 464.81 | 2574.02 | 2261.03 | 82874 | 490498 | 526806 | 84143 | 1901530 | 2876623 |
Individual Single Premium | 80.00 | 459.82 | 328.92 | 248 | 1040 | 423 | ||||
Individual Non-Single Premium | 353.32 | 1903.76 | 1735.78 | 82591 | 488929 | 525662 | ||||
Group Single Premium | 28.86 | 188.00 | 145.25 | 0 | 31 | 34 | 7866 | 59408 | 646702 | |
Group Non-Single Premium | 2.64 | 22.45 | 51.09 | 35 | 498 | 687 | 76277 | 1842122 | 2229921 | |
12 | PNB Met Life | 149.29 | 826.60 | 672.60 | 32513 | 199640 | 184251 | 141915 | 2497917 | 1238887 |
Individual Single Premium | 1.23 | 7.00 | 3.64 | 22 | 123 | 228 | ||||
Individual Non-Single Premium | 136.42 | 711.71 | 577.00 | 32448 | 199068 | 183795 | ||||
Group Single Premium | 2.24 | 9.16 | 41.61 | 0 | 0 | 0 | 4561 | 14400 | 20781 | |
Group Non-Single Premium | 9.39 | 98.72 | 50.36 | 43 | 449 | 228 | 137354 | 2483517 | 1218106 | |
13 | Sahara Life | 9.72 | 38.70 | 65.09 | 3741 | 21167 | 40976 | 93106 | 93106 | 0 |
Individual Single Premium | 7.35 | 28.10 | 39.93 | 1326 | 5524 | 7134 | ||||
Individual Non-Single Premium | 1.97 | 10.21 | 25.16 | 2413 | 15641 | 33842 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.40 | 0.40 | 0.00 | 2 | 2 | 0 | 93106 | 93106 | 0 | |
14 | Shriram Life | 96.34 | 511.83 | 395.37 | 35815 | 191008 | 137699 | 693448 | 2924525 | 1701032 |
Individual Single Premium | 10.74 | 98.42 | 96.30 | 1032 | 9746 | 11562 | ||||
Individual Non-Single Premium | 53.22 | 248.73 | 171.77 | 34764 | 181196 | 126048 | ||||
Group Single Premium | 25.37 | 137.57 | 108.56 | 0 | 4 | 25 | 191489 | 1224304 | 557568 | |
Group Non-Single Premium | 7.01 | 27.11 | 18.75 | 19 | 62 | 64 | 501959 | 1700221 | 1143464 | |
15 | Bharti Axa Life | 88.84 | 475.37 | 375.19 | 22027 | 94139 | 104647 | 52913 | 86865 | 65167 |
Individual Single Premium | 0.62 | 2.07 | 0.35 | 7229 | 7288 | 6356 | ||||
Individual Non-Single Premium | 67.91 | 351.65 | 294.44 | 14797 | 86846 | 98277 | ||||
Group Single Premium | 20.32 | 121.66 | 80.40 | 1 | 5 | 14 | 52913 | 86865 | 65167 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | 96.23 | 252.52 | 224.84 | 7481 | 38735 | 81453 | 209253 | 381377 | 199285 |
Individual Single Premium | 1.05 | 6.52 | 48.44 | 108 | 721 | 4987 | ||||
Individual Non-Single Premium | 35.80 | 131.87 | 128.67 | 7352 | 37912 | 76392 | ||||
Group Single Premium | 0.00 | 0.00 | 0.56 | 0 | 0 | 0 | 0 | 0 | 797 | |
Group Non-Single Premium | 59.39 | 114.13 | 47.17 | 21 | 102 | 74 | 209253 | 381377 | 198488 | |
17 | IDBI Federal | 122.96 | 484.50 | 315.69 | 15003 | 88658 | 110349 | 111713 | 583038 | 265085 |
Individual Single Premium | 32.25 | 105.24 | 40.81 | 1544 | 5273 | 4793 | ||||
Individual Non-Single Premium | 40.13 | 242.06 | 262.13 | 13434 | 83275 | 105513 | ||||
Group Single Premium | 121.63 | 121.63 | 0.00 | 109 | 109 | 0 | 209035 | 209035 | 0 | |
Group Non-Single Premium | -71.05 | 15.58 | 12.76 | -84 | 1 | 43 | -97322 | 374003 | 265085 | |
18 | Canara HSBC OBC Life | 117.53 | 476.94 | 605.89 | 9655 | 60606 | 51444 | 20346 | 98894 | 244800 |
Individual Single Premium | 4.23 | 4.90 | 3.88 | 32 | 43 | 94 | ||||
Individual Non-Single Premium | 48.51 | 326.76 | 277.27 | 9620 | 60529 | 51278 | ||||
Group Single Premium | 64.37 | 135.73 | 15.77 | 1 | 6 | 6 | 4799 | 13875 | 9649 | |
Group Non-Single Premium | 0.41 | 9.55 | 308.97 | 2 | 28 | 66 | 15547 | 85019 | 235151 | |
19 | Aegon Religare | 53.08 | 207.50 | 147.06 | 16081 | 65258 | 64181 | 10043 | 27686 | 25771 |
Individual Single Premium | 0.32 | 1.11 | 2.90 | 5532 | 8940 | 10636 | ||||
Individual Non-Single Premium | 52.74 | 206.28 | 144.01 | 10549 | 56317 | 53540 | ||||
Group Single Premium | 0.03 | 0.11 | 0.15 | 0 | 1 | 5 | 10043 | 27686 | 25771 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | DHFL Pramerica | 75.66 | 577.41 | 174.12 | 6759 | 54144 | 62842 | 229291 | 3901478 | 357551 |
Individual Single Premium | 0.21 | 0.23 | 4.40 | 14 | 15 | 289 | ||||
Individual Non-Single Premium | 18.89 | 139.62 | 105.31 | 6735 | 54036 | 62432 | ||||
Group Single Premium | 51.68 | 399.20 | 60.87 | 0 | 1 | 4 | 9905 | 79727 | 11606 | |
Group Non-Single Premium | 4.87 | 38.37 | 3.54 | 10 | 92 | 117 | 219386 | 3821751 | 345945 | |
21 | Star Union Dai-Ichi | 95.41 | 629.93 | 562.85 | 17347 | 100106 | 127601 | 75109 | 692575 | 523852 |
Individual Single Premium | 5.31 | 38.49 | 73.18 | 310 | 2183 | 4734 | ||||
Individual Non-Single Premium | 81.42 | 398.54 | 332.01 | 17025 | 97833 | 122818 | ||||
Group Single Premium | 6.40 | 39.70 | 46.99 | 0 | 0 | 6 | 4515 | 31147 | 28494 | |
Group Non-Single Premium | 2.28 | 153.20 | 110.67 | 12 | 90 | 43 | 70594 | 661428 | 495358 | |
22 | IndiaFirst | 161.67 | 1538.73 | 1681.29 | 16507 | 92988 | 90207 | 31378 | 1003793 | 2374439 |
Individual Single Premium | 7.27 | 42.71 | 40.95 | 305 | 1753 | 2716 | ||||
Individual Non-Single Premium | 36.00 | 155.72 | 147.57 | 16176 | 91049 | 87300 | ||||
Group Single Premium | 118.40 | 1340.30 | 1492.77 | 26 | 186 | 191 | 31378 | 1003793 | 2374439 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
23 | Edelweiss Tokio | 29.02 | 122.64 | 80.39 | 7741 | 29243 | 32999 | 24831 | 344517 | 258726 |
Individual Single Premium | 0.44 | 1.95 | 2.98 | 28 | 230 | 299 | ||||
Individual Non-Single Premium | 24.60 | 97.07 | 62.59 | 7694 | 28921 | 32552 | ||||
Group Single Premium | 3.40 | 15.15 | 10.28 | 1 | 4 | 8 | 814 | 3005 | 4030 | |
Group Non-Single Premium | 0.59 | 8.48 | 4.54 | 18 | 88 | 140 | 24017 | 341512 | 254696 | |
Private Total | 6624.19 | 34840.01 | 29511.99 | 1020945 | 5738812 | 6360317 | 10781238 | 70589865 | 46915324 | |
Individual Single Premium | 512.92 | 2880.59 | 2153.80 | 98141 | 361860 | 465291 | 0.00 | |||
Individual Non-Single Premium | 3516.80 | 19704.95 | 17026.01 | 921926 | 5371055 | 5889344 | 0.00 | |||
Group Single Premium | 1801.14 | 8010.40 | 6576.24 | 426 | 1781 | 1752 | 2929189 | 15779946 | 20860391 | |
Group Non-Single Premium | 793.33 | 4244.07 | 3755.95 | 452 | 4116 | 3930 | 7852049 | 54809919 | 26054933 | |
24 | LIC | 15938.02 | 78302.64 | 90644.57 | 4348617 | 20171063 | 34511781 | 6691666 | 52271508 | 47094727 |
Individual Single Premium | 1578.13 | 13346.96 | 14730.56 | 189657 | 1651218 | 1826434 | ||||
Individual Non-Single Premium | 3530.37 | 19439.18 | 27047.04 | 4154645 | 18486673 | 32653996 | ||||
Group Single Premium | 10267.85 | 41926.68 | 44035.17 | 5 | 10 | 122 | 73368 | 1134227 | 3093803 | |
Group Non-Single Premium | 561.67 | 3589.81 | 4831.80 | 4310 | 33162 | 31229 | 6618298 | 51137281 | 44000924 | |
Grand Total | 22562.21 | 113142.65 | 120156.56 | 5369562 | 25909875 | 40872098 | 17472904 | 122861373 | 94010051 | |
Individual Single Premium | 2091.05 | 16227.56 | 16884.36 | 287798 | 2013078 | 2291725 | 0 | |||
Individual Non-Single Premium | 7047.17 | 39144.13 | 44073.05 | 5076571 | 23857728 | 38543340 | 0 | |||
Group Single Premium | 12068.99 | 49937.08 | 50611.41 | 431 | 1791 | 1874 | 3002557 | 16914173 | 23954194 | |
Group Non-Single Premium | 1355.00 | 7833.89 | 8587.75 | 4762 | 37278 | 35159 | 14470347 | 105947200 | 70055857 | |
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 |