Document Detail
Title: Business Figures
Reference No.: Jan-11
Date: 25/02/2011
First Year Premium of Life Insurers for the Period ended January, 2011
First Year Premium of Life Insurers for the Period ended January, 2011 | (`crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
January, 11 | Upto January, 11 | Upto January, 10 | January, 11 | Upto January, 11 | Upto January, 10 | January, 11 | Upto January, 11 | Upto January, 10 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 56.25 | 613.27 | 254.52 | 7594 | 81204 | 51704 | ||||
Individual Non-Single Premium | 120.02 | 1425.52 | 2287.38 | 118938 | 1110035 | 1624901 | ||||
Group Single Premium | 32.90 | 183.10 | 44.06 | 12 | 58 | 8 | 20498 | 126470 | 58769 | |
Group Non-Single Premium | 32.39 | 355.38 | 311.02 | 78 | 1219 | 795 | 913491 | 17959330 | 13727378 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 4.29 | 12.03 | 6.93 | 567 | 1839 | 995 | ||||
Individual Non-Single Premium | 46.64 | 454.80 | 472.22 | 24365 | 201593 | 221869 | ||||
Group Single Premium | 0.39 | 6.47 | 7.13 | 0 | 0 | 0 | 75 | 1239 | 1802 | |
Group Non-Single Premium | 0.03 | 0.25 | 0.23 | 0 | 0 | 0 | 0 | 138 | 4077 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 45.89 | 419.41 | 164.50 | 5872 | 57563 | 30556 | ||||
Individual Non-Single Premium | 117.86 | 1629.71 | 2075.73 | 120935 | 1487825 | 1738460 | ||||
Group Single Premium | 2.92 | 24.76 | 88.52 | 12 | 169 | 12 | 60439 | 568791 | 6390 | |
Group Non-Single Premium | 0.84 | 97.50 | 93.40 | 9 | 115 | 382 | 36372 | 147492 | 715556 | |
4 | SBI Life | |||||||||
Individual Single Premium | 177.59 | 1173.78 | 361.53 | 14853 | 106997 | 58303 | ||||
Individual Non-Single Premium | 179.09 | 2199.75 | 2935.84 | 58949 | 577929 | 1027143 | ||||
Group Single Premium | 173.96 | 1536.71 | 172.20 | 6 | 95 | 3 | 62592 | 302057 | 76876 | |
Group Non-Single Premium | 46.34 | 364.73 | 1376.09 | 6 | 49 | 103 | 120162 | 676199 | 1095349 | |
5 | Tata AIG | |||||||||
Individual Single Premium | 10.49 | 149.16 | 14.65 | 1017 | 18091 | 2921 | ||||
Individual Non-Single Premium | 75.55 | 716.38 | 794.81 | 39867 | 440445 | 541577 | ||||
Group Single Premium | 4.21 | 30.48 | 20.99 | 2 | 11 | 9 | 13718 | 71261 | 35716 | |
Group Non-Single Premium | 5.74 | 94.71 | 94.63 | 1 | 57 | 57 | 22396 | 342524 | 100933 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 72.58 | 363.56 | 114.30 | 17260 | 185803 | 262040 | ||||
Individual Non-Single Premium | 232.75 | 2245.07 | 1870.57 | 52941 | 481664 | 516179 | ||||
Group Single Premium | 0.51 | 5.17 | 252.64 | 15 | 151 | 189 | 20259 | 195550 | 321160 | |
Group Non-Single Premium | 47.64 | 309.90 | 27.28 | 2 | 41 | 6 | 16046 | 250938 | 7083 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 311.85 | 1271.93 | 104.90 | 22128 | 80061 | 10099 | ||||
Individual Non-Single Premium | 168.31 | 3022.64 | 3615.51 | 155421 | 1036799 | 1418889 | ||||
Group Single Premium | 15.30 | 193.16 | 126.15 | 13 | 126 | 257 | 168652 | 1962535 | 1062452 | |
Group Non-Single Premium | 51.13 | 709.51 | 556.59 | 1 | 32 | 295 | 72159 | 494145 | 509193 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 2.65 | 24.70 | 35.72 | 139 | 27449 | 104495 | ||||
Individual Non-Single Premium | 97.84 | 1257.61 | 1735.88 | 50617 | 844641 | 1308243 | ||||
Group Single Premium | 0.37 | 4.87 | 0.09 | 0 | 2 | 1 | 84 | 1079 | 709 | |
Group Non-Single Premium | 28.55 | 278.27 | 433.03 | 9 | 184 | 213 | 5193 | 616766 | 454586 | |
9 | Aviva | |||||||||
Individual Single Premium | 19.87 | 60.00 | 44.49 | 1022 | 3812 | 5746 | ||||
Individual Non-Single Premium | 36.75 | 427.31 | 477.48 | 12154 | 144061 | 172878 | ||||
Group Single Premium | 0.10 | 0.51 | 0.00 | 0 | 3 | 0 | 594 | 2993 | 0 | |
Group Non-Single Premium | 2.38 | 40.58 | 31.82 | 9 | 117 | 92 | -23302 | 1481640 | 1631713 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 30.31 | 61.44 | 71.07 | 2605 | 5947 | 5201 | ||||
Individual Non-Single Premium | 54.00 | 581.85 | 649.34 | 16111 | 199110 | 236565 | ||||
Group Single Premium | 9.76 | 87.65 | 41.43 | 0 | 4 | 14 | 31888 | 391470 | 137494 | |
Group Non-Single Premium | 30.07 | 120.34 | 68.06 | 49 | 546 | 426 | 97904 | 1241563 | 583068 | |
11 | Max New York | |||||||||
Individual Single Premium | 15.57 | 175.09 | 165.09 | 3 | 1278 | 5929 | ||||
Individual Non-Single Premium | 117.73 | 1354.06 | 1253.36 | 57977 | 670259 | 781336 | ||||
Group Single Premium | 7.83 | 35.61 | 5.23 | 1 | 28 | 25 | -12508 | 1483095 | 722936 | |
Group Non-Single Premium | 2.04 | 62.78 | 63.80 | 46 | 609 | 547 | 208681 | 8053496 | 5295251 | |
12 | Met Life | |||||||||
Individual Single Premium | 18.90 | 123.75 | 8.48 | 2356 | 17287 | 1052 | ||||
Individual Non-Single Premium | 38.72 | 371.56 | 677.69 | 14773 | 124451 | 214319 | ||||
Group Single Premium | 0.82 | 9.37 | 32.76 | 1 | 6 | 0 | 1266 | 7228 | 15019 | |
Group Non-Single Premium | 2.90 | 31.38 | 24.78 | 7 | 226 | 141 | 71819 | 1675492 | 315027 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 4.29 | 30.78 | 28.08 | 985 | 6931 | 8154 | ||||
Individual Non-Single Premium | 3.68 | 35.35 | 48.92 | 4674 | 41784 | 54891 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.00 | 0.01 | 19.83 | 0 | 1 | 5 | 0 | 450 | 2212578 | |
14 | Shriram Life | |||||||||
Individual Single Premium | 30.97 | 255.01 | 78.94 | 3479 | 29304 | 12212 | ||||
Individual Non-Single Premium | 10.58 | 133.47 | 230.23 | 7182 | 65236 | 101916 | ||||
Group Single Premium | 14.05 | 65.69 | 20.95 | 1 | 1 | 1 | 52704 | 269152 | 79224 | |
Group Non-Single Premium | 0.04 | 3.67 | 0.46 | 0 | 7 | 10 | 2729 | 388642 | 54115 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.44 | 3.99 | 4.82 | 76 | 2892 | 4778 | ||||
Individual Non-Single Premium | 19.77 | 263.72 | 270.48 | 10832 | 119999 | 122209 | ||||
Group Single Premium | 1.42 | 15.50 | 20.29 | 0 | 3 | 7 | 752 | 8496 | 12314 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 13.97 | 28.29 | 6.22 | 1960 | 3664 | 942 | ||||
Individual Non-Single Premium | 20.22 | 265.47 | 296.70 | 17709 | 251765 | 230851 | ||||
Group Single Premium | 0.00 | 0.10 | 0.05 | 0 | 1 | 1 | 0 | 2241 | 570 | |
Group Non-Single Premium | 5.35 | 26.59 | 19.67 | 11 | 80 | 85 | 81233 | 2099387 | 1938358 | |
17 | IDBI Federal | |||||||||
Individual Single Premium | 14.42 | 127.76 | 66.84 | 1971 | 14564 | 10533 | ||||
Individual Non-Single Premium | 13.69 | 196.88 | 182.48 | 5701 | 69620 | 53876 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 1.54 | 6.43 | 0.06 | 0 | 11 | 5 | 30369 | 540240 | 28811 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | -0.06 | 5.30 | 8.18 | 0 | 254 | 399 | ||||
Individual Non-Single Premium | 61.66 | 555.89 | 461.82 | 7468 | 88163 | 71454 | ||||
Group Single Premium | 0.39 | 13.55 | 3.65 | 0 | 3 | 4 | 144 | 7768 | 2249 | |
Group Non-Single Premium | 0.01 | 55.02 | 0.00 | 0 | 3 | 0 | 1370 | 44249 | 0 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 2.25 | 6.75 | 1.31 | 355 | 809 | 228 | ||||
Individual Non-Single Premium | 21.01 | 163.09 | 90.12 | 7976 | 58501 | 30187 | ||||
Group Single Premium | 0.10 | 0.52 | 0.00 | 0 | 1 | 0 | 314 | 1273 | 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 | 0.16 | 0 | 110 | 24 | ||||
Individual Non-Single Premium | 4.27 | 55.37 | 22.67 | 2552 | 26768 | 13545 | ||||
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 | 27.07 | 225.09 | 151.83 | 1856 | 14894 | 17489 | ||||
Individual Non-Single Premium | 19.01 | 162.47 | 151.34 | 6025 | 53527 | 57410 | ||||
Group Single Premium | 3.88 | 37.54 | 11.45 | 2 | 4 | 5 | 2935 | 22760 | 12345 | |
Group Non-Single Premium | 4.11 | 17.73 | 0.85 | 4 | 48 | 10 | 21995 | 179982 | 22143 | |
22 | IndiaFirst # | |||||||||
Individual Single Premium | 13.35 | 155.80 | 12.08 | 964 | 11717 | 1123 | ||||
Individual Non-Single Premium | 17.93 | 204.25 | 53.37 | 7879 | 74607 | 28442 | ||||
Group Single Premium | 2.43 | 8.63 | 0.00 | 0 | 7 | 0 | 2192 | 7296 | 0 | |
Group Non-Single Premium | 1.91 | 20.68 | 0.00 | 2 | 13 | 0 | 127328 | 707946 | 0 | |
Private Total | ||||||||||
Individual Single Premium | 872.96 | 5287.68 | 1704.67 | 87062.00 | 672470.00 | 594923.00 | ||||
Individual Non-Single Premium | 1477.07 | 17722.22 | 20653.95 | 801046 | 8168782 | 10567140 | ||||
Group Single Premium | 271.36 | 2259.39 | 847.58 | 65 | 673 | 536 | 426598 | 5432754 | 2546025 | |
Group Non-Single Premium | 263.01 | 2595.44 | 3121.61 | 234 | 3358 | 3172 | 1805945 | 36900619 | 28695219 | |
23 | LIC | |||||||||
Individual Single Premium | 1355.98 | 23417.03 | 18027.95 | 242252 | 3880683 | 4391077 | ||||
Individual Non-Single Premium | 2282.49 | 18078.41 | 15567.77 | 3235875 | 22309940 | 22649916 | ||||
Group Single Premium | 1407.79 | 16188.32 | 15423.77 | 1682 | 17581 | 17570 | 1606580 | 28627168 | 27820384 | |
Group Non-Single Premium | 370.53 | 9451.56 | 0.00 | 77 | 624 | 0 | 7473 | 797801 | 0 | |
Grand Total | ||||||||||
Individual Single Premium | 2228.94 | 28704.71 | 19732.62 | 329314 | 4553153 | 4986000 | ||||
Individual Non-Single Premium | 3759.56 | 35800.62 | 36221.71 | 4036921 | 30478722 | 33217056 | ||||
Group Single Premium | 1679.15 | 18447.71 | 16271.35 | 1747 | 18254 | 18106 | 2033178 | 34059922 | 30366409 | |
Group Non-Single Premium | 633.54 | 12047.00 | 3121.61 | 311 | 3982 | 3172 | 1813418 | 37698420 | 28695219 | |
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 |