Document Detail
Title: Business Figures - Life
Reference No.: December, 2010
Date: 28/01/2011
First Year Premium of Life Insurers for the Period ended December, 2010
First Year Premium of Life Insurers for the Period ended December, 2010 | (`crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
December, 10 | Upto December, 10 | Upto December, 09 | December, 10 | Upto December, 10 | Upto December, 09 | December, 10 | Upto December, 10 | Upto December, 09 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 77.26 | 557.01 | 235.50 | 10879 | 73610 | 49536 | ||||
Individual Non-Single Premium | 142.77 | 1305.49 | 1969.86 | 105736 | 991097 | 1409572 | ||||
Group Single Premium | 42.85 | 150.20 | 40.40 | 7 | 46 | 8 | 20410 | 105972 | 53703 | |
Group Non-Single Premium | 39.88 | 322.99 | 280.19 | 89 | 1141 | 698 | 783652 | 17045839 | 12511175 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 2.58 | 7.75 | 6.59 | 423 | 1272 | 942 | ||||
Individual Non-Single Premium | 53.73 | 408.16 | 427.12 | 27377 | 177228 | 199127 | ||||
Group Single Premium | 0.42 | 6.08 | 6.42 | 0 | 0 | 0 | 82 | 1164 | 1645 | |
Group Non-Single Premium | 0.00 | 0.21 | 0.23 | 0 | 0 | 0 | 0 | 138 | 4000 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 80.26 | 373.52 | 146.73 | 10267 | 51691 | 27552 | ||||
Individual Non-Single Premium | 127.58 | 1511.85 | 1863.22 | 95455 | 1366890 | 1563313 | ||||
Group Single Premium | 0.81 | 21.84 | 87.58 | 10 | 157 | 12 | 17718 | 508352 | 5865 | |
Group Non-Single Premium | 4.22 | 96.66 | 72.91 | 2 | 106 | 361 | 1474 | 111120 | 654500 | |
4 | SBI Life | |||||||||
Individual Single Premium | 248.54 | 996.19 | 323.13 | 20176 | 92144 | 52681 | ||||
Individual Non-Single Premium | 296.61 | 2020.66 | 2580.19 | 80758 | 518980 | 924188 | ||||
Group Single Premium | 183.25 | 1362.75 | 165.04 | 9 | 89 | 1 | 4027 | 239465 | 75516 | |
Group Non-Single Premium | 45.02 | 318.39 | 1323.90 | 6 | 43 | 93 | 87433 | 556037 | 997514 | |
5 | Tata AIG | |||||||||
Individual Single Premium | 14.02 | 138.66 | 12.62 | 1520 | 17074 | 2662 | ||||
Individual Non-Single Premium | 86.82 | 640.83 | 701.53 | 44435 | 400578 | 489221 | ||||
Group Single Premium | 4.81 | 26.27 | 18.61 | 0 | 9 | 8 | 14395 | 57543 | 31634 | |
Group Non-Single Premium | 5.22 | 88.97 | 88.75 | 7 | 56 | 52 | 35350 | 320128 | 93748 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 136.72 | 290.97 | 106.68 | 51297 | 168543 | 259926 | ||||
Individual Non-Single Premium | 263.49 | 2012.32 | 1617.11 | 54924 | 428723 | 454369 | ||||
Group Single Premium | 0.30 | 4.66 | 248.18 | 9 | 136 | 167 | 15449 | 175291 | 305133 | |
Group Non-Single Premium | 19.56 | 262.26 | 26.69 | 7 | 39 | 6 | 5970 | 234892 | 6963 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 251.97 | 960.08 | 97.99 | 15296 | 57933 | 9926 | ||||
Individual Non-Single Premium | 264.40 | 2854.33 | 3099.87 | 97245 | 881378 | 1253949 | ||||
Group Single Premium | 24.57 | 177.86 | 118.57 | 10 | 113 | 245 | 329123 | 1793883 | 956505 | |
Group Non-Single Premium | 56.89 | 658.38 | 516.42 | 0 | 31 | 282 | 11892 | 421986 | 499818 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 9.73 | 22.05 | 32.91 | 536 | 27310 | 89576 | ||||
Individual Non-Single Premium | 117.10 | 1159.77 | 1587.09 | 81497 | 794024 | 1174039 | ||||
Group Single Premium | 0.68 | 4.49 | 0.06 | 0 | 2 | 1 | 135 | 995 | 693 | |
Group Non-Single Premium | 14.25 | 249.73 | 423.22 | 23 | 175 | 184 | 32842 | 611573 | 278222 | |
9 | Aviva | |||||||||
Individual Single Premium | 21.57 | 40.12 | 42.12 | 1530 | 2790 | 5553 | ||||
Individual Non-Single Premium | 36.68 | 390.56 | 419.08 | 11400 | 131907 | 156079 | ||||
Group Single Premium | 0.04 | 0.41 | 0.00 | 1 | 3 | 0 | 260 | 2399 | 0 | |
Group Non-Single Premium | 3.38 | 38.20 | 27.95 | 11 | 108 | 86 | -23300 | 1504942 | 1442496 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 0.90 | 31.14 | 45.25 | 173 | 3342 | 3821 | ||||
Individual Non-Single Premium | 57.74 | 527.85 | 576.39 | 20527 | 182999 | 210875 | ||||
Group Single Premium | 9.86 | 77.90 | 35.54 | 1 | 4 | 16 | 42814 | 359582 | 118439 | |
Group Non-Single Premium | 6.15 | 90.27 | 61.70 | 33 | 497 | 385 | 70377 | 1143659 | 537030 | |
11 | Max New York | |||||||||
Individual Single Premium | 25.15 | 159.51 | 151.34 | 245 | 1275 | 5627 | ||||
Individual Non-Single Premium | 189.47 | 1236.33 | 1149.75 | 92249 | 612282 | 726127 | ||||
Group Single Premium | 7.61 | 27.77 | 4.41 | 1 | 27 | 22 | 328446 | 1495603 | 651717 | |
Group Non-Single Premium | 5.14 | 60.74 | 60.29 | 46 | 563 | 528 | 2698318 | 7844815 | 4577086 | |
12 | Met Life | |||||||||
Individual Single Premium | 33.86 | 104.85 | 7.83 | 5167 | 14931 | 890 | ||||
Individual Non-Single Premium | 38.25 | 332.84 | 582.45 | 11214 | 109678 | 191031 | ||||
Group Single Premium | 0.53 | 8.55 | 26.99 | 2 | 5 | 0 | 495 | 5962 | 12565 | |
Group Non-Single Premium | 4.49 | 28.48 | 22.92 | 11 | 219 | 124 | 61069 | 1603673 | 300045 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 3.90 | 26.49 | 24.09 | 809 | 5950 | 6914 | ||||
Individual Non-Single Premium | 3.87 | 31.67 | 42.70 | 4867 | 37117 | 48030 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.01 | 0.01 | 19.82 | 1 | 1 | 3 | 450 | 450 | 2212416 | |
14 | Shriram Life | |||||||||
Individual Single Premium | 44.90 | 224.04 | 58.17 | 5019 | 25825 | 9416 | ||||
Individual Non-Single Premium | 7.54 | 122.88 | 188.14 | 5812 | 58054 | 89316 | ||||
Group Single Premium | 6.57 | 51.64 | 15.18 | 0 | 0 | 1 | 24074 | 216448 | 57467 | |
Group Non-Single Premium | 0.08 | 3.63 | 0.46 | 2 | 7 | 10 | 11132 | 385913 | 54115 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.06 | 3.54 | 4.54 | 168 | 2816 | 4825 | ||||
Individual Non-Single Premium | 24.55 | 243.95 | 234.59 | 12979 | 109167 | 107992 | ||||
Group Single Premium | 1.65 | 14.09 | 18.16 | 0 | 3 | 7 | 784 | 7744 | 11079 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 6.25 | 14.32 | 5.48 | 853 | 1704 | 871 | ||||
Individual Non-Single Premium | 32.32 | 245.25 | 261.72 | 33898 | 234056 | 207421 | ||||
Group Single Premium | 0.00 | 0.10 | 0.03 | 0 | 1 | 0 | 0 | 2241 | 119 | |
Group Non-Single Premium | 1.94 | 21.24 | 17.66 | 11 | 69 | 73 | 17797 | 2018154 | 1307696 | |
17 | IDBI Federal | |||||||||
Individual Single Premium | 21.11 | 113.34 | 60.46 | 1846 | 12593 | 9364 | ||||
Individual Non-Single Premium | 17.43 | 183.20 | 159.11 | 6906 | 63919 | 47347 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 1.64 | 4.89 | 0.05 | 1 | 11 | 4 | 42169 | 509871 | 24075 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | -0.07 | 5.36 | 7.01 | -1 | 254 | 355 | ||||
Individual Non-Single Premium | 70.80 | 494.24 | 415.62 | 14855 | 80695 | 64694 | ||||
Group Single Premium | 0.31 | 13.16 | 2.49 | 1 | 3 | 3 | 118 | 7624 | 1568 | |
Group Non-Single Premium | 50.01 | 55.01 | 0.00 | 1 | 3 | 0 | 42754 | 42879 | 0 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 0.25 | 4.50 | 1.10 | 61 | 454 | 211 | ||||
Individual Non-Single Premium | 21.73 | 142.08 | 73.38 | 8511 | 50525 | 24889 | ||||
Group Single Premium | 0.04 | 0.42 | 0.00 | 0 | 1 | 0 | 93 | 959 | 0 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 0.00 | 0.80 | 0.03 | 0 | 110 | 0 | ||||
Individual Non-Single Premium | 7.17 | 51.10 | 19.11 | 4011 | 24216 | 11646 | ||||
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 | |
21 | Star Union Dai-ichi | |||||||||
Individual Single Premium | 44.98 | 198.01 | 137.36 | 2863 | 13038 | 16226 | ||||
Individual Non-Single Premium | 23.48 | 143.46 | 139.95 | 6400 | 47502 | 53429 | ||||
Group Single Premium | 3.87 | 33.65 | 8.67 | 2 | 2 | 4 | 3173 | 19825 | 9517 | |
Group Non-Single Premium | 0.40 | 13.62 | 0.79 | 6 | 44 | 7 | 15157 | 157987 | 11127 | |
22 | IndiaFirst # | |||||||||
Individual Single Premium | 12.53 | 142.45 | 5.40 | 1067 | 10753 | 479 | ||||
Individual Non-Single Premium | 18.14 | 186.31 | 18.96 | 7401 | 66728 | 13099 | ||||
Group Single Premium | 1.16 | 6.20 | 0.00 | 0 | 7 | 0 | 786 | 5104 | 0 | |
Group Non-Single Premium | 18.17 | 18.77 | 0.00 | 3 | 11 | 0 | 536912 | 580618 | 0 | |
Private Total | ||||||||||
Individual Single Premium | 1036.47 | 4414.72 | 1512.33 | 130194.00 | 585412.00 | 557353.00 | ||||
Individual Non-Single Premium | 1901.67 | 16245.14 | 18126.92 | 828457 | 7367743 | 9419753 | ||||
Group Single Premium | 289.35 | 1988.03 | 796.32 | 53 | 608 | 495 | 802382 | 5006156 | 2293165 | |
Group Non-Single Premium | 276.44 | 2332.43 | 2943.96 | 260 | 3124 | 2896 | 4431448 | 35094674 | 25512026 | |
23 | LIC | |||||||||
Individual Single Premium | 1774.43 | 22061.04 | 16391.93 | 302112 | 3638431 | 4096896 | ||||
Individual Non-Single Premium | 2201.04 | 15795.92 | 13547.64 | 3069931 | 19074065 | 19751434 | ||||
Group Single Premium | 1369.88 | 14780.53 | 14238.49 | 2053 | 15899 | 15535 | 3272363 | 27020588 | 25279259 | |
Group Non-Single Premium | 859.69 | 9081.03 | 0.00 | 81 | 547 | 0 | 13269 | 790328 | 0 | |
Grand Total | ||||||||||
Individual Single Premium | 2810.89 | 26475.77 | 17904.27 | 432306 | 4223843 | 4654249 | ||||
Individual Non-Single Premium | 4102.71 | 32041.06 | 31674.57 | 3898388 | 26441808 | 29171187 | ||||
Group Single Premium | 1659.23 | 16768.56 | 15034.81 | 2106 | 16507 | 16030 | 4074745 | 32026744 | 27572424 | |
Group Non-Single Premium | 1136.13 | 11413.46 | 2943.96 | 341 | 3671 | 2896 | 4444717 | 35885002 | 25512026 | |
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 |