Document Detail

Title: Business Figures -Life
Reference No.: 30th April, 2016
Date: 31/05/2016
First Year Premium of Life Insurers for the Period ended ended 30th April,
First Year Premium of Life Insurers for the Period ended ended 30th April, 2016 (Premium in ` Crore)
Sl No. Insurer Premium   No. of Policies / Schemes No. of lives covered under Group Schemes
For April, 2015 For April, 2016 For April, 2015 For April, 2016 For April, 2015 For April, 2016
1 Bajaj Allianz Life

229.70

 178.97 16633 9056 1479440 4008818
  Individual Single Premium 8.95 1.44 676 157    
  Individual Non-Single Premium 32.69 26.27 15930 8889    
  Group Single Premium 167.63 105.94 2 0 20058 1408287
  Group Non-Single Premium 20.44 45.32 25 10 1459382 2600531
2 Exide Life

24.58

 85.34 4514 6000 90496 19325
  Individual Single Premium 7.33 60.92 18 38    
  Individual Non-Single Premium 12.50 21.92 4441 5947    
  Group Single Premium 0.00 0.00 0 0 0 0
  Group Non-Single Premium 4.75 2.50 55 15 90496 19325
3 Reliance Life

66.17

 66.82 19801 12980 78214 112178
  Individual Single Premium 1.40 0.81 106 53    
  Individual Non-Single Premium 43.90 29.58 19675 12911    
  Group Single Premium 16.85 3.81 14 13 69496 110447
  Group Non-Single Premium 4.02 32.61 6 3 8718 1731
4 SBI Life

177.69

 432.06 18479 25644 40387 133041
  Individual Single Premium 13.12 22.15 742 964    
  Individual Non-Single Premium 54.70 92.48 17718 24638    
  Group Single Premium 99.59 298.20 4 1 7155 7815
  Group Non-Single Premium 10.27 19.24 15 41 33232 125226
5 Tata AIA Life

27.02

 33.32 3664 4830 293208 19060
  Individual Single Premium 0.32 0.33 21 10    
  Individual Non-Single Premium 13.32 27.15 3621 4790    
  Group Single Premium 0.75 0.05 0 0 608 40
  Group Non-Single Premium 12.63 5.79 22 30 292600 19020
6 HDFC Standard Life

280.05

 302.37 25429 36686 560749 1140003
  Individual Single Premium 20.38 19.40 1635 435    
  Individual Non-Single Premium 89.99 112.20 23771 36209    
  Group Single Premium 169.67 170.78 23 42 560749 1140003
  Group Non-Single Premium 0.00 0.00 0 0 0 0
7 ICICI Prudential Life

230.67

 277.96 23709 36185 42779 179035
  Individual Single Premium 15.74 40.14 858 2778    
  Individual Non-Single Premium 181.66 197.06 22821 33343    
  Group Single Premium 33.27

40.75

30

64

42779

 179035
  Group Non-Single Premium 0.00 0.00 0 0 0 0
8 Birla Sun Life

53.11

 91.74 9682 9420 97681 158554
  Individual Single Premium 1.11 4.75 38 77    
  Individual Non-Single Premium 21.92 26.10 9605 9314    
  Group Single Premium 0.69 0.94 0 0 1156 2073
  Group Non-Single Premium 29.39 59.95 39 29 96525 156481
9 Aviva Life

28.18

 7.61 2866 1246 2207 5708
  Individual Single Premium 0.50 0.66 32 260    
  Individual Non-Single Premium 14.20 2.41 2827 985    
  Group Single Premium 0.01 0.00 0 0 5 0
  Group Non-Single Premium 13.48 4.55 7 1 2202 5708
10 Kotak Mahindra Old Mutual Life

121.47

 128.26 7879 9938 708385 1390493
  Individual Single Premium 5.26 18.47 392 2661    
  Individual Non-Single Premium 41.60 40.41 7387 7123    
  Group Single Premium 30.55 46.85 4 6 416167 1018011
  Group Non-Single Premium 44.06 22.52 96 148 292218 372482
11 Max Life

125.03

 125.03 22743 15451 101555 45937
  Individual Single Premium 30.53 33.05 91 51    
  Individual Non-Single Premium 82.88 70.96 22566 15264    
  Group Single Premium 8.98 18.35 18 16 2856 7856
  Group Non-Single Premium 2.64 2.68 68 120 98699 38081
12 PNB Met Life

55.65

 48.91 11117 9163 90006 65656
  Individual Single Premium 0.10 0.34 9 18    
  Individual Non-Single Premium 50.19 44.54 11077 9130    
  Group Single Premium 0.87 2.11 0 0 1614 2219
  Group Non-Single Premium 4.49 1.92 31 15 88392 63437
13 Sahara Life

1.02

 0.10 393 0 0 0
  Individual Single Premium 0.67 -0.03 105 0    
  Individual Non-Single Premium 0.36 0.12 288 0    
  Group Single Premium 0.00 0.00 0 0 0 0
  Group Non-Single Premium 0.00 0.00 0 0 0 0
14 Shriram Life

26.52

 45.10 12246 14032 70811 3506040
  Individual Single Premium 3.84 1.48 426 146    
  Individual Non-Single Premium 15.40 17.60 11813 13876    
  Group Single Premium 6.68 21.25 0 0 37667 204195
  Group Non-Single Premium 0.59 4.77 7 10 33144 3301845
15 Bharti Axa Life

22.30

 28.83 4083 4139 2268 2816
  Individual Single Premium 0.05 0.06 1 2    
  Individual Non-Single Premium 15.30 16.40 4082 4136    
  Group Single Premium 6.95 12.36 0 1 2268 2816
  Group Non-Single Premium 0.00 0.00 0 0 0 0
16 Future Generali Life

6.74

 25.96 1132 1634 6908 52400
  Individual Single Premium 0.13 0.38 19 11    
  Individual Non-Single Premium 5.66 7.25 1108 1604    
  Group Single Premium 0.00 0.91 0 1 0 438
  Group Non-Single Premium 0.95 17.42 5 18 6908 51962
17 IDBI Federal Life

55.00

 28.13 6371 4034 83725 18680
  Individual Single Premium 11.86 9.75 697 519    
  Individual Non-Single Premium 17.10 13.64 5658 3513    
  Group Single Premium 24.51 4.55 16 2 31577 6768
  Group Non-Single Premium 1.54 0.19 0 0 52148 11912
18 Canara HSBC OBC Life

39.32

 36.18 3584 2354 2667 1201
  Individual Single Premium 6.72 7.20 24 30    
  Individual Non-Single Premium 23.55 14.79 3557 2321    
  Group Single Premium 8.90 14.02 0 3 518 970
  Group Non-Single Premium 0.15 0.18 3 0 2149 231
19 Aegon Life

4.67

 3.53 1841 1644 0 0
  Individual Single Premium 0.03 0.12 2 75    
  Individual Non-Single Premium 4.64 3.41 1839 1569    
  Group Single Premium 0.00 0.00 0 0 0 0
  Group Non-Single Premium 0.00 0.00 0 0 0 0
20 DHFL Pramerica Life

44.81

 31.97 4478 704 282822 748795
  Individual Single Premium 0.23 0.02 14 -3    
  Individual Non-Single Premium 13.83 6.99 4452 682    
  Group Single Premium 27.23 24.96 0 25 5481 748795
  Group Non-Single Premium 3.52 0.00 12 0 277341 0
21 Star Union Dai-Ichi Life

12.05

 10.53 1866 2132 72529 36516
  Individual Single Premium 1.63 1.65 69 42    
  Individual Non-Single Premium 7.25 6.62 1785 2090    
  Group Single Premium 1.36 1.14 0 0 796 980
  Group Non-Single Premium 1.81 1.12 12 0 71733 35536
22 IndiaFirst Life

50.34

 93.34 4986 5211 13462 34441
  Individual Single Premium 2.15 0.74 121 39    
  Individual Non-Single Premium 9.51 12.45 4859 5171    
  Group Single Premium 38.67 80.15 6 1 13462 34441
  Group Non-Single Premium 0.00 0.00 0 0 0 0
23 Edelweiss Tokio Life

4.22

 12.52 1113 843 5009 32377
  Individual Single Premium 0.03 0.10 274 8    
  Individual Non-Single Premium 3.76 3.96 834 825    
  Group Single Premium 0.24 0.17 0 0 59 79
  Group Non-Single Premium 0.18 8.29 5 10 4950 32298
  Private Total

1686.33

 2094.59 208609 213326 4125308 11711074
  Individual Single Premium 132.07 223.93 6370 8371    
  Individual Non-Single Premium 755.95 794.31 201714 204330    
  Group Single Premium 643.41 847.29 117 175 1214471 4875268
  Group Non-Single Premium 154.91 229.06 408 450 2910837 6835806
24 LIC

3581.96

 5877.95 843235 774431 1141013 8302624
  Individual Single Premium 341.83 656.78 43706 48446    
  Individual Non-Single Premium 906.73 962.96 798541 725223    
  Group Single Premium 2295.36 3807.50 0 5 158 27881
  Group Non-Single Premium 38.04 450.71 988 757 1140855 8274743
  Grand Total

5268.30

 7972.54 1051844 987757 5266321 20013698
  Individual Single Premium 473.90 880.71 50076 56817    
  Individual Non-Single Premium 1662.68 1757.27 1000255 929553    
  Group Single Premium 2938.77 4654.79 117 180 1214629 4903149
  Group Non-Single Premium 192.94 679.77 1396 1207 4051692 15110549
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

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