Document Detail
Title: Business Figures - Life
Reference No.: January, 2010
Date: 22/02/2010
First Year Premium of Life Insurers for the Period ended January, 2010
First Year Premium of Life Insurers for the Period ended January, 2010 | (Rs Crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
January, 10 | Upto January, 10 | Upto January, 09 | January, 10 | Upto January, 10 | Upto January, 09 | January, 10 | Upto January, 10 | Upto January, 09 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 19.02 | 254.52 | 324.82 | 2168 | 51704 | 80807 | ||||
Individual Non-Single Premium | 317.53 | 2287.38 | 2920.36 | 215329 | 1624901 | 1932899 | ||||
Group Single Premium | 3.66 | 44.06 | 3.93 | 0 | 8 | 5 | 5066 | 58769 | 4542 | |
Group Non-Single Premium | 30.83 | 311.02 | 97.26 | 97 | 795 | 558 | 1216203 | 13727378 | 5558528 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 0.34 | 6.93 | 20.55 | 53 | 995 | 2524 | ||||
Individual Non-Single Premium | 45.10 | 472.22 | 477.46 | 22742 | 221869 | 270112 | ||||
Group Single Premium | 0.71 | 7.13 | 12.04 | 0 | 0 | 1 | 157 | 1802 | 5008 | |
Group Non-Single Premium | 0.00 | 0.23 | 17.82 | 0 | 0 | 95 | 77 | 4077 | 56564 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 17.76 | 164.50 | 306.90 | 3004 | 30556 | 73885 | ||||
Individual Non-Single Premium | 212.51 | 2075.73 | 2215.85 | 175147 | 1738460 | 1553224 | ||||
Group Single Premium | 0.94 | 88.52 | 79.66 | 0 | 12 | 20 | 525 | 6390 | 46586 | |
Group Non-Single Premium | 20.49 | 93.40 | 24.79 | 21 | 382 | 277 | 61056 | 715556 | 585417 | |
4 | SBI Life | |||||||||
Individual Single Premium | 38.40 | 361.53 | 421.30 | 5622 | 58303 | 74079 | ||||
Individual Non-Single Premium | 355.65 | 2935.84 | 2042.20 | 102955 | 1027143 | 601345 | ||||
Group Single Premium | 7.15 | 172.20 | 219.20 | 2 | 3 | 5 | 1360 | 76876 | 157575 | |
Group Non-Single Premium | 52.19 | 1376.09 | 1319.46 | 10 | 103 | 95 | 97835 | 1095349 | 4828926 | |
5 | Tata AIG | |||||||||
Individual Single Premium | 2.03 | 14.65 | 32.68 | 259 | 2921 | 6782 | ||||
Individual Non-Single Premium | 93.28 | 794.81 | 666.37 | 52356 | 541577 | 537318 | ||||
Group Single Premium | 2.38 | 20.99 | 27.96 | 1 | 9 | 7 | 4082 | 35716 | 77704 | |
Group Non-Single Premium | 5.89 | 94.63 | 86.91 | 5 | 57 | 63 | 7185 | 100933 | 282081 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 7.63 | 114.30 | 119.57 | 2114 | 262040 | 38202 | ||||
Individual Non-Single Premium | 253.46 | 1870.57 | 1798.75 | 61810 | 516179 | 690246 | ||||
Group Single Premium | 4.46 | 252.64 | 86.14 | 22 | 189 | 121 | 16027 | 321160 | 176900 | |
Group Non-Single Premium | 0.59 | 27.28 | 23.13 | 0 | 6 | 9 | 120 | 7083 | 15810 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 6.91 | 104.90 | 174.37 | 173 | 10099 | 30145 | ||||
Individual Non-Single Premium | 515.64 | 3615.51 | 4102.91 | 164940 | 1418889 | 2128522 | ||||
Group Single Premium | 7.58 | 126.15 | 181.91 | 12 | 257 | 188 | 105947 | 1062452 | 567361 | |
Group Non-Single Premium | 40.16 | 556.59 | 844.30 | 13 | 295 | 319 | 9375 | 509193 | 537534 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 2.81 | 35.72 | 28.86 | 14919 | 104495 | 129952 | ||||
Individual Non-Single Premium | 148.79 | 1735.88 | 1799.78 | 134204 | 1308243 | 795382 | ||||
Group Single Premium | 0.03 | 0.09 | 16.22 | 0 | 1 | 1 | 16 | 709 | 41633 | |
Group Non-Single Premium | 9.81 | 433.03 | 158.44 | 29 | 213 | 154 | 176364 | 454586 | 214617 | |
9 | Aviva | |||||||||
Individual Single Premium | 2.37 | 44.49 | 34.40 | 193 | 5746 | 4106 | ||||
Individual Non-Single Premium | 58.40 | 477.48 | 510.11 | 16799 | 172878 | 281560 | ||||
Group Single Premium | 0.00 | 0.00 | 0.05 | 0 | 0 | 0 | 0 | 0 | 66 | |
Group Non-Single Premium | 3.87 | 31.82 | 15.62 | 6 | 92 | 60 | 189217 | 1631713 | 901109 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 25.82 | 71.07 | 15.87 | 1380 | 5201 | 2017 | ||||
Individual Non-Single Premium | 72.95 | 649.34 | 863.38 | 25690 | 236565 | 417595 | ||||
Group Single Premium | 5.89 | 41.43 | 29.02 | -2 | 14 | 10 | 19055 | 137494 | 110784 | |
Group Non-Single Premium | 6.36 | 68.06 | 52.69 | 41 | 426 | 319 | 46038 | 583068 | 441562 | |
11 | Max New York | |||||||||
Individual Single Premium | 13.75 | 165.09 | 195.80 | 302 | 5929 | 13398 | ||||
Individual Non-Single Premium | 103.61 | 1253.36 | 1254.27 | 55209 | 781336 | 955234 | ||||
Group Single Premium | 0.82 | 5.23 | 7.61 | 3 | 25 | 10 | 71219 | 722936 | 206659 | |
Group Non-Single Premium | 3.51 | 63.80 | 15.77 | 26 | 547 | 296 | 718165 | 5295251 | 204846 | |
12 | Met Life | |||||||||
Individual Single Premium | 0.65 | 8.48 | 5.39 | 162 | 1052 | 1786 | ||||
Individual Non-Single Premium | 95.24 | 677.69 | 754.95 | 23288 | 214319 | 220216 | ||||
Group Single Premium | 5.76 | 32.76 | 31.86 | 0 | 0 | 129 | 2454 | 15019 | 268187 | |
Group Non-Single Premium | 1.86 | 24.78 | 0.00 | 17 | 141 | 0 | 14982 | 315027 | 0 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 3.98 | 28.08 | 37.62 | 1240 | 8154 | 10304 | ||||
Individual Non-Single Premium | 6.22 | 48.92 | 57.87 | 6858 | 54891 | 68109 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.01 | 19.83 | 0.02 | 2 | 5 | 9 | 162 | 2212578 | 770 | |
14 | Shriram Life | |||||||||
Individual Single Premium | 20.77 | 78.94 | 126.15 | 2796 | 12212 | 20015 | ||||
Individual Non-Single Premium | 42.09 | 230.23 | 142.04 | 12600 | 101916 | 75618 | ||||
Group Single Premium | 5.77 | 20.95 | 0.00 | 0 | 1 | 0 | 21757 | 79224 | 0 | |
Group Non-Single Premium | 0.00 | 0.46 | 0.40 | 0 | 10 | 3 | 0 | 54115 | 25744 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.28 | 4.82 | 4.53 | -47 | 4778 | 985 | ||||
Individual Non-Single Premium | 35.92 | 270.48 | 207.67 | 14217 | 122209 | 142718 | ||||
Group Single Premium | 2.14 | 20.29 | 6.13 | 0 | 7 | 2 | 1235 | 12314 | 27699 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 0.74 | 6.22 | 2.90 | 71 | 942 | 606 | ||||
Individual Non-Single Premium | 34.98 | 296.70 | 43.93 | 23430 | 230851 | 41396 | ||||
Group Single Premium | 0.02 | 0.05 | 0.07 | 1 | 1 | 1 | 451 | 570 | 420 | |
Group Non-Single Premium | 2.00 | 19.67 | 11.61 | 12 | 85 | 54 | 630662 | 1938358 | 242460 | |
17 | IDBI Fortis Life | |||||||||
Individual Single Premium | 6.38 | 66.84 | 84.48 | 1171 | 10533 | 13472 | ||||
Individual Non-Single Premium | 23.37 | 182.48 | 112.88 | 6621 | 53876 | 39028 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.01 | 0.06 | 0.02 | 1 | 5 | 1 | 4736 | 28811 | 16308 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | 1.17 | 8.18 | 4.07 | 44 | 399 | 285 | ||||
Individual Non-Single Premium | 46.20 | 461.82 | 180.01 | 6760 | 71454 | 19862 | ||||
Group Single Premium | 1.16 | 3.65 | 0.00 | 1 | 4 | 0 | 681 | 2249 | 0 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 0.21 | 1.31 | 1.63 | 17 | 228 | 203 | ||||
Individual Non-Single Premium | 16.74 | 90.12 | 15.67 | 5298 | 30187 | 14166 | ||||
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 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 0.14 | 0.16 | 0.00 | 24 | 24 | 0 | ||||
Individual Non-Single Premium | 3.56 | 22.67 | 0.79 | 1897 | 13545 | 1068 | ||||
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 | 14.47 | 151.83 | 1263 | 17489 | ||||||
Individual Non-Single Premium | 11.39 | 151.34 | 3981 | 57410 | ||||||
Group Single Premium | 2.78 | 11.45 | 1 | 5 | 2828 | 12345 | ||||
Group Non-Single Premium | 0.06 | 0.85 | 3 | 10 | 11016 | 22143 | ||||
22 | IndiaFirst # | |||||||||
Individual Single Premium | 6.69 | 12.08 | 644 | 1123 | ||||||
Individual Non-Single Premium | 34.41 | 53.37 | 15343 | 28442 | ||||||
Group Single Premium | 0.00 | 0.00 | 0 | 0 | 0 | 0 | ||||
Group Non-Single Premium | 0.00 | 0.00 | 0 | 0 | 0 | 0 | ||||
Private Total | ||||||||||
Individual Single Premium | 192.33 | 1704.67 | 1941.89 | 37572 | 594923 | 503553 | ||||
Individual Non-Single Premium | 2527.05 | 20653.95 | 20167.25 | 1147474 | 10567140 | 10785618 | ||||
Group Single Premium | 51.26 | 847.58 | 701.80 | 41 | 536 | 500 | 252860 | 2546025 | 1691124 | |
Group Non-Single Premium | 177.65 | 3121.61 | 2668.26 | 283 | 3172 | 2312 | 3183193 | 28695219 | 13912276 | |
23 | LIC | |||||||||
Individual Single Premium | 1636.02 | 18027.95 | 18608.49 | 294181 | 4391077 | 4538003 | ||||
Individual Non-Single Premium | 2020.12 | 15567.77 | 12631.80 | 2898482 | 22649916 | 20370473 | ||||
Group Single Premium | 1185.28 | 15423.77 | 8617.97 | 2035 | 17570 | 15564 | 2541125 | 27820384 | 26200359 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Grand Total | ||||||||||
Individual Single Premium | 1828.35 | 19732.62 | 20550.38 | 331753 | 4986000 | 5041556 | ||||
Individual Non-Single Premium | 4547.17 | 36221.71 | 32799.06 | 4045956 | 33217056 | 31156091 | ||||
Group Single Premium | 1236.54 | 16271.35 | 9319.78 | 2076 | 18106 | 16064 | 2793985 | 30366409 | 27891483 | |
Group Non-Single Premium | 177.65 | 3121.61 | 2668.26 | 283 | 3172 | 2312 | 3183193 | 28695219 | 13912276 | |
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 | ||||||||||
3.@ Started operations in February,2009 | ||||||||||
4. #Started operations in November,2009 |