Document Detail
Title: Monthly Business Figures - Life
Reference No.: Feb, 11
Date: 18/03/2011
First Year Premium of Life Insurers for the Period ended February, 2011
First Year Premium of Life Insurers for the Period ended February, 2011 | (`crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
February, 11 | Upto February, 11 | Upto JFebruary, 10 | February, 11 | Upto February, 11 | Upto JFebruary, 10 | February, 11 | Upto February, 11 | Upto JFebruary, 10 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 48.90 | 662.17 | 422.17 | 6834 | 88038 | 76572 | ||||
Individual Non-Single Premium | 141.45 | 1566.96 | 2525.21 | 144542 | 1254577 | 1823608 | ||||
Group Single Premium | 79.39 | 262.49 | 48.41 | 12 | 70 | 8 | 15585 | 142055 | 64604 | |
Group Non-Single Premium | 43.88 | 399.27 | 334.77 | 76 | 1295 | 909 | 653495 | 18612825 | 16211754 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 2.46 | 14.50 | 6.92 | 340 | 2179 | 996 | ||||
Individual Non-Single Premium | 59.51 | 514.31 | 521.89 | 26293 | 227886 | 247240 | ||||
Group Single Premium | 0.28 | 6.75 | 7.80 | 0 | 0 | 0 | 68 | 1307 | 1961 | |
Group Non-Single Premium | 0.00 | 0.25 | 0.24 | 0 | 0 | 0 | 0 | 138 | 4545 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 67.09 | 486.50 | 190.05 | 7434 | 64997 | 36799 | ||||
Individual Non-Single Premium | 128.61 | 1758.32 | 2372.88 | 146247 | 1634072 | 1945025 | ||||
Group Single Premium | 4.45 | 29.21 | 95.83 | 18 | 187 | 13 | 10745 | 579536 | 6632 | |
Group Non-Single Premium | 1.11 | 98.61 | 117.40 | 6 | 121 | 417 | 9311 | 156803 | 777518 | |
4 | SBI Life | |||||||||
Individual Single Premium | 242.42 | 1416.20 | 425.43 | 20301 | 127298 | 65691 | ||||
Individual Non-Single Premium | 245.97 | 2445.71 | 3212.22 | 75387 | 653316 | 1103518 | ||||
Group Single Premium | 34.33 | 1571.04 | 176.31 | 10 | 105 | 3 | 29186 | 331243 | 77528 | |
Group Non-Single Premium | 47.62 | 412.35 | 1452.12 | 3 | 52 | 110 | 47056 | 723255 | 1292074 | |
5 | Tata AIG | |||||||||
Individual Single Premium | 10.27 | 159.43 | 17.24 | 935 | 19026 | 3365 | ||||
Individual Non-Single Premium | 80.16 | 796.54 | 912.76 | 37787 | 478232 | 598776 | ||||
Group Single Premium | 4.79 | 35.27 | 23.82 | 0 | 11 | 10 | 20819 | 92080 | 40357 | |
Group Non-Single Premium | 6.19 | 100.91 | 98.24 | 2 | 59 | 63 | 9848 | 352372 | 101767 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 57.66 | 421.22 | 146.29 | 16450 | 202253 | 265847 | ||||
Individual Non-Single Premium | 244.17 | 2489.25 | 2138.85 | 55266 | 536930 | 582834 | ||||
Group Single Premium | 2.83 | 8.01 | 5.62 | 35 | 186 | 175 | 67339 | 262889 | 164136 | |
Group Non-Single Premium | 19.29 | 329.18 | 378.64 | 4 | 45 | 38 | 1362 | 252300 | 177271 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 263.43 | 1535.36 | 108.12 | 18192 | 98253 | 10137 | ||||
Individual Non-Single Premium | 200.50 | 3223.14 | 4121.08 | 79752 | 1116551 | 1539267 | ||||
Group Single Premium | 21.09 | 214.25 | 143.37 | 11 | 137 | 272 | 124552 | 2087087 | 1202477 | |
Group Non-Single Premium | 28.28 | 737.79 | 599.65 | 3 | 35 | 309 | 9273 | 503418 | 524108 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 3.96 | 28.67 | 39.36 | 207 | 27656 | 120902 | ||||
Individual Non-Single Premium | 95.55 | 1353.16 | 1878.79 | 47623 | 892264 | 1439993 | ||||
Group Single Premium | 0.29 | 5.16 | 0.17 | 0 | 2 | 3 | 61 | 1140 | 788 | |
Group Non-Single Premium | 15.92 | 294.19 | 450.32 | 10 | 194 | 238 | 17374 | 634140 | 490143 | |
9 | Aviva | |||||||||
Individual Single Premium | 9.15 | 69.14 | 46.10 | 284 | 4096 | 5896 | ||||
Individual Non-Single Premium | 38.36 | 465.67 | 538.11 | 13649 | 157710 | 191438 | ||||
Group Single Premium | 0.07 | 0.58 | 0.04 | 0 | 3 | 1 | 486 | 3479 | 27 | |
Group Non-Single Premium | 2.35 | 42.93 | 34.33 | 8 | 125 | 103 | -34947 | 1446699 | 1804375 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 52.34 | 113.79 | 108.35 | 3951 | 9898 | 6843 | ||||
Individual Non-Single Premium | 33.78 | 615.63 | 722.10 | 12864 | 211974 | 262328 | ||||
Group Single Premium | 10.61 | 98.27 | 48.93 | 1 | 5 | 17 | 31947 | 423417 | 163440 | |
Group Non-Single Premium | 9.19 | 129.53 | 75.84 | 46 | 592 | 456 | 78506 | 1320069 | 634733 | |
11 | Max New York | |||||||||
Individual Single Premium | 20.14 | 195.23 | 176.57 | -6 | 1272 | 6045 | ||||
Individual Non-Single Premium | 131.82 | 1485.88 | 1351.17 | 56777 | 727036 | 828605 | ||||
Group Single Premium | 4.20 | 39.81 | 6.28 | 1 | 29 | 27 | 999 | 1484094 | 822067 | |
Group Non-Single Premium | 5.75 | 68.53 | 69.86 | 34 | 643 | 570 | 120932 | 8174428 | 6356964 | |
12 | Met Life | |||||||||
Individual Single Premium | 6.54 | 130.29 | 14.24 | 659 | 17946 | 1341 | ||||
Individual Non-Single Premium | 34.48 | 406.04 | 758.10 | 19831 | 144282 | 244649 | ||||
Group Single Premium | 0.93 | 10.30 | 38.06 | 0 | 6 | 0 | 1962 | 9190 | 16482 | |
Group Non-Single Premium | 4.35 | 35.73 | 25.57 | 29 | 255 | 155 | 484543 | 2160035 | 353172 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 3.06 | 33.85 | 30.36 | 701 | 7634 | 8830 | ||||
Individual Non-Single Premium | 3.66 | 39.00 | 53.20 | 4773 | 46551 | 59425 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.01 | 0.01 | 19.83 | 2 | 3 | 6 | 262 | 712 | 2212630 | |
14 | Shriram Life | |||||||||
Individual Single Premium | 22.42 | 277.43 | 83.48 | 2685 | 31989 | 13000 | ||||
Individual Non-Single Premium | 7.37 | 140.84 | 237.82 | 6119 | 71355 | 106622 | ||||
Group Single Premium | 10.43 | 76.12 | 26.59 | 0 | 1 | 4 | 38128 | 307280 | 99964 | |
Group Non-Single Premium | 0.01 | 3.68 | 0.47 | 0 | 7 | 11 | 692 | 389334 | 61663 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.77 | 4.75 | 5.37 | 103 | 2995 | 5138 | ||||
Individual Non-Single Premium | 23.21 | 286.93 | 305.88 | 13325 | 133324 | 137434 | ||||
Group Single Premium | 1.77 | 17.27 | 22.58 | 0 | 3 | 7 | 749 | 9245 | 14209 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 13.33 | 41.62 | 6.73 | 1927 | 5591 | 1007 | ||||
Individual Non-Single Premium | 21.33 | 286.65 | 328.39 | 17417 | 269182 | 250821 | ||||
Group Single Premium | 0.00 | 0.10 | 0.07 | 0 | 1 | 1 | 0 | 2241 | 1217 | |
Group Non-Single Premium | 0.40 | 26.98 | 22.05 | 13 | 93 | 93 | 52589 | 2151976 | 2441640 | |
17 | IDBI Federal | |||||||||
Individual Single Premium | 18.05 | 145.81 | 75.79 | 1496 | 16060 | 11807 | ||||
Individual Non-Single Premium | 15.52 | 212.40 | 208.87 | 5913 | 75533 | 61148 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 1.80 | 8.23 | 0.09 | 0 | 11 | 5 | 66753 | 606993 | 34910 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | 0.01 | 5.31 | 9.05 | 0 | 254 | 463 | ||||
Individual Non-Single Premium | 47.82 | 603.71 | 508.91 | 6891 | 95054 | 78717 | ||||
Group Single Premium | 0.41 | 13.96 | 4.54 | 0 | 3 | 4 | 147 | 7915 | 2770 | |
Group Non-Single Premium | 1.04 | 56.06 | 0.00 | 1 | 4 | 0 | 6778 | 51027 | 0 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 4.72 | 11.47 | 1.43 | 601 | 1410 | 241 | ||||
Individual Non-Single Premium | 24.37 | 187.46 | 106.86 | 8980 | 67481 | 35375 | ||||
Group Single Premium | 0.02 | 0.53 | 0.00 | 0 | 1 | 0 | 59 | 1332 | 0 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 1.32 | 2.13 | 0.46 | 171 | 281 | 64 | ||||
Individual Non-Single Premium | 4.47 | 59.83 | 27.06 | 2936 | 29704 | 15707 | ||||
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 | 34.81 | 259.89 | 180.45 | 2316 | 17210 | 19200 | ||||
Individual Non-Single Premium | 17.86 | 180.32 | 186.26 | 6396 | 59923 | 66998 | ||||
Group Single Premium | 5.92 | 43.46 | 13.64 | 0 | 4 | 5 | 13927 | 36687 | 14219 | |
Group Non-Single Premium | 0.07 | 17.80 | 2.78 | 3 | 51 | 16 | 11240 | 191222 | 31313 | |
22 | IndiaFirst # | |||||||||
Individual Single Premium | 12.88 | 168.68 | 23.54 | 985 | 12702 | 2099 | ||||
Individual Non-Single Premium | 23.35 | 227.60 | 92.75 | 9197 | 83804 | 44512 | ||||
Group Single Premium | 2.01 | 10.64 | 0.00 | 0 | 7 | 0 | 1723 | 9019 | 0 | |
Group Non-Single Premium | 1.30 | 21.98 | 0.00 | 3 | 16 | 0 | 15151 | 723097 | 0 | |
Private Total | ||||||||||
Individual Single Premium | 895.73 | 6183.41 | 2117.51 | 86566.00 | 759038.00 | 662283.00 | ||||
Individual Non-Single Premium | 1623.31 | 19345.37 | 23109.17 | 797965 | 8966741 | 11664040 | ||||
Group Single Premium | 183.82 | 2443.22 | 662.07 | 88 | 761 | 550 | 358482 | 5791236 | 2692878 | |
Group Non-Single Premium | 188.58 | 2784.02 | 3682.19 | 243 | 3601 | 3499 | 1550218 | 38450843 | 33510580 | |
23 | LIC | |||||||||
Individual Single Premium | 1085.38 | 24502.41 | 19960.07 | 191085 | 4071768 | 4758594 | ||||
Individual Non-Single Premium | 1187.30 | 19265.71 | 17727.55 | 3050941 | 25360881 | 25564968 | ||||
Group Single Premium | 2302.41 | 18490.73 | 16632.61 | -2494 | 15087 | 19430 | -10087192 | 18539976 | 31044702 | |
Group Non-Single Premium | 1411.19 | 10862.76 | 0.00 | 4363 | 4987 | 0 | 12264393 | 13062194 | 0 | |
Grand Total | ||||||||||
Individual Single Premium | 1981.11 | 30685.82 | 22077.58 | 277651 | 4830806 | 5420877 | ||||
Individual Non-Single Premium | 2810.61 | 38611.08 | 40836.71 | 3848906 | 34327622 | 37229008 | ||||
Group Single Premium | 2486.23 | 20933.95 | 17294.67 | -2406 | 15848 | 19980 | -9728710 | 24331212 | 33737580 | |
Group Non-Single Premium | 1599.78 | 13646.78 | 3682.19 | 4606 | 8588 | 3499 | 13814611 | 51513037 | 33510580 | |
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 |