Document Detail

Title: Business Figures - Life
Reference No.: 28th February, 2018
Date: 13/03/2018
First Year Premium of Life Insurers for the Period ended 28th February, 20

First Year Premium of Life Insurers for the Period ended 28th February, 2018

 

(Premium in Rs.Crore)

Sl No.

Insurer

Premium

No. of Policies / Schemes

No. of lives covered under Group Schemes

For February, 2017

For February, 2018

Up to 28th February, 2017

Up to 28th February, 2018

For February, 2017

For February, 2018

Up to 28th February, 2017

Up to 28th February, 2018

For February, 2017

For February, 2018

Up to 28th February, 2017

Up to 28th February, 2018

1

Aditya Birla Sun Life

142.43

182.79

1996.89

2024.95

28389

18243

242874

209147

150740

228626

1360383

2538063

 

Individual Single Premium

3.17

9.72

33.71

60.54

103

126

885

911

0

0

0

0

 

Individual Non-Single Premium

81.81

92.14

703.23

794.10

28225

18014

241528

207406

0

0

0

0

 

Group Single Premium

2.57

33.40

20.69

977.77

0

6

5

49

41830

81151

140218

779972

 

Group Non-Single Premium

54.89

43.41

1239.26

118.08

61

0

456

11

108910

0

1220165

560

 

Group Yearly Renewable Premium

0.00

4.13

0.00

74.47

0

97

0

770

0

147475

0

1757531

2

Aegon Life

9.71

14.73

64.18

109.25

4811

6169

31059

49242

32848

12406

35489

46017

 

Individual Single Premium

0.21

0.25

1.72

1.92

11

1932

1486

3901

0

0

0

0

 

Individual Non-Single Premium

9.45

13.79

62.41

103.70

4798

4231

29570

45309

0

0

0

0

 

Group Single Premium

0.05

0.01

0.05

0.01

2

1

3

1

32848

5173

35489

5173

 

Group Non-Single Premium

0.00

0.00

0.00

0.06

0

0

0

1

0

0

0

626

 

Group Yearly Renewable Premium

0.00

0.69

0.00

3.56

0

5

0

30

0

7233

0

40218

3

Aviva Life

20.26

30.29

148.36

244.81

3835

5752

21948

28515

6770

25683

118677

303297

 

Individual Single Premium

1.15

0.84

6.01

6.57

1241

3322

2055

7129

0

0

0

0

 

Individual Non-Single Premium

14.54

20.56

100.41

137.88

2592

2427

19875

21301

0

0

0

0

 

Group Single Premium

0.02

0.38

0.10

9.54

0

0

1

3

3

360

85

10365

 

Group Non-Single Premium

4.56

0.12

41.84

1.65

2

0

17

0

6767

0

118592

0

 

Group Yearly Renewable Premium

0.00

8.40

0.00

89.17

0

3

0

82

0

25323

0

292932

4

Bajaj Allianz Life

177.51

368.49

2626.91

3485.35

27383

26971

214552

262784

2570644

4018751

36913877

30830792

 

Individual Single Premium

5.97

5.31

49.54

53.11

230

175

2220

2007

0

0

0

0

 

Individual Non-Single Premium

88.43

113.06

780.85

1156.41

27128

26791

212156

260658

0

0

0

0

 

Group Single Premium

41.17

233.86

951.98

1974.25

6

4

48

70

709981

3644392

11418628

16670275

 

Group Non-Single Premium

41.95

0.38

844.54

4.37

19

0

128

6

1860663

36492

25495249

429593

 

Group Yearly Renewable Premium

0.00

15.88

0.00

297.21

0

1

0

43

0

337867

0

13730924

5

Bharti Axa Life

43.40

79.40

514.07

581.21

9697

9088

84518

85975

3537

8315

40848

55609

 

Individual Single Premium

0.13

2.75

7.12

11.24

1248

31

1411

231

0

0

0

0

 

Individual Non-Single Premium

30.26

43.76

321.14

342.50

8449

9056

83104

85739

0

0

0

0

 

Group Single Premium

13.01

32.89

185.81

227.47

0

1

3

5

3537

8315

40848

55609

 

Group Non-Single Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

 

Group Yearly Renewable Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

6

Canara HSBC OBC Life

82.11

97.95

813.88

1073.99

10069

9049

70974

88622

3200

25648

18554

1371267

 

Individual Single Premium

0.51

0.96

15.85

12.36

12

24

137

293

0

0

0

0

 

Individual Non-Single Premium

70.18

75.70

459.78

682.66

10055

9025

70817

88306

0

0

0

0

 

Group Single Premium

11.14

20.09

335.32

335.60

2

0

20

9

2721

1304

14053

11270

 

Group Non-Single Premium

0.28

0.52

2.92

4.31

0

0

0

4

479

877

4501

7337

 

Group Yearly Renewable Premium

0.00

0.68

0.00

39.07

0

0

0

10

0

23467

0

1352660

7

DHFL Pramerica Life

83.07

134.53

736.86

1272.19

5455

7876

54876

77509

970715

1691393

9471742

16652021

 

Individual Single Premium

2.72

4.72

31.76

35.97

141

671

2633

7147

0

0

0

0

 

Individual Non-Single Premium

17.11

29.55

147.33

261.03

5263

7102

51769

69265

0

0

0

0

 

Group Single Premium

63.23

57.22

557.76

693.08

51

0

474

16

970715

25182

9471742

1460379

 

Group Non-Single Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

 

Group Yearly Renewable Premium

0.00

43.04

0.00

282.11

0

103

0

1081

0

1666211

0

15191642

8

Edleweiss Tokio Life

22.38

41.83

167.29

253.22

6241

8942

33535

49494

14548

5228

364906

186183

 

Individual Single Premium

1.83

1.43

16.21

13.57

2010

874

2352

1672

0

0

0

0

 

Individual Non-Single Premium

18.55

34.30

114.27

181.75

4227

8065

31099

47762

0

0

0

0

 

Group Single Premium

1.43

4.82

14.34

31.95

0

0

0

0

451

1424

4240

9840

 

Group Non-Single Premium

0.56

1.16

22.47

10.88

4

2

84

11

14097

156

360666

3878

 

Group Yearly Renewable Premium

0.00

0.11

0.00

15.07

0

1

0

49

0

3648

0

172465

9

Exide Life

67.52

68.28

749.38

626.96

17918

16358

154727

165504

73483

84316

391037

1703875

 

Individual Single Premium

6.47

3.09

220.07

27.58

47

28

442

400

0

0

0

0

 

Individual Non-Single Premium

58.28

59.10

485.72

495.57

17842

16310

154047

164896

0

0

0

0

 

Group Single Premium

0.00

0.05

0.01

0.38

0

0

1

2

0

281

70

2512

 

Group Non-Single Premium

2.77

5.20

43.59

82.98

29

20

237

206

73483

79776

390967

1212394

 

Group Yearly Renewable Premium

0.00

0.83

0.00

20.45

0

0

0

0

0

4259

0

488969

10

Future Generali Life

29.21

52.70

293.29

448.19

4265

7164

33358

66848

44931

43212

462793

537083

 

Individual Single Premium

0.44

0.70

6.34

6.36

125

40

1336

744

0

0

0

0

 

Individual Non-Single Premium

16.91

26.13

118.28

199.52

4131

7120

31944

66030

0

0

0

0

 

Group Single Premium

1.69

5.72

16.40

45.89

3

0

10

12

1247

3437

11873

28784

 

Group Non-Single Premium

10.18

0.00

152.27

0.00

6

0

68

0

43684

0

450920

0

 

Group Yearly Renewable Premium

0.00

20.15

0.00

196.42

0

4

0

62

0

39775

0

508299

11

HDFC Standard Life

660.06

1190.90

6774.74

9305.89

90801

96394

907888

887081

1679987

3669160

16853838

26740644

 

Individual Single Premium

44.02

206.31

496.47

916.55

6633

3111

235552

21410

0

0

0

0

 

Individual Non-Single Premium

356.08

419.96

2735.15

3831.55

84091

93242

671641

865203

0

0

0

0

 

Group Single Premium

259.97

551.57

3543.12

4456.42

77

20

695

158

1679987

2477034

16853838

18655097

 

Group Non-Single Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

 

Group Yearly Renewable Premium

0.00

13.06

0.00

101.37

0

21

0

310

0

1192126

0

8085547

12

ICICI Prudential Life

884.98

780.79

6963.00

8065.99

78525

77575

626819

742157

134276

299068

1879805

2672808

 

Individual Single Premium

58.41

119.00

555.37

868.94

2644

4762

29402

41193

0

0

0

0

 

Individual Non-Single Premium

746.39

623.06

5646.22

6550.02

75817

72756

596723

700552

0

0

0

0

 

Group Single Premium

80.18

23.14

761.41

167.87

64

8

694

45

134276

25313

1879805

188791

 

Group Non-Single Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

 

Group Yearly Renewable Premium

0.00

15.59

0.00

479.17

0

49

0

367

0

273755

0

2484017

13

IDBI Federal Life

74.81

70.63

633.58

688.44

12200

9716

98503

97204

8695

30070

371104

180864

 

Individual Single Premium

28.35

29.33

188.38

266.33

1405

1327

10239

12597

0

0

0

0

 

Individual Non-Single Premium

39.13

34.61

307.87

341.62

10794

8388

88220

84588

0

0

0

0

 

Group Single Premium

7.32

6.49

134.69

79.45

1

1

44

19

8598

1339

102494

30008

 

Group Non-Single Premium

0.02

0.21

2.63

1.03

0

0

0

0

97

28731

268610

150856

 

Group Yearly Renewable Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

14

India First Life

97.82

175.38

1375.47

1087.78

14646

20052

99385

157146

40867

78090

3512939

1397012

 

Individual Single Premium

1.16

6.35

9.63

27.71

67

4087

437

27495

0

0

0

0

 

Individual Non-Single Premium

53.55

62.54

299.89

491.24

14574

15957

98913

129574

0

0

0

0

 

Group Single Premium

43.11

106.50

1065.95

568.22

5

8

35

77

40867

78090

3512939

1375852

 

Group Non-Single Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

 

Group Yearly Renewable Premium

0.00

0.00

0.00

0.61

0

0

0

0

0

0

0

21160

15

Kotak Mahindra Life

229.58

349.67

2139.24

2676.64

27610

34408

215189

260643

395405

855429

9840898

7288096

 

Individual Single Premium

30.19

51.52

165.18

281.56

3273

6314

26996

44572

0

0

0

0

 

Individual Non-Single Premium

115.78

170.37

838.38

1154.31

24274

28041

187256

215468

0

0

0

0

 

Group Single Premium

33.37

62.56

471.90

579.23

6

16

69

122

281842

585001

6625935

5532256

 

Group Non-Single Premium

50.23

1.89

663.78

20.87

57

5

868

56

113563

238357

3214963

1131306

 

Group Yearly Renewable Premium

0.00

63.33

0.00

640.68

0

32

0

425

0

32071

0

624534

16

Max Life

339.28

428.35

2858.46

3420.83

49575

55074

385457

451512

0

350274

1338454

2521121

 

Individual Single Premium

68.76

74.72

622.41

714.21

60

91

603

701

0

0

0

0

 

Individual Non-Single Premium

237.07

317.23

1933.84

2396.97

49513

54947

384473

450356

0

0

0

0

 

Group Single Premium

22.15

28.43

238.88

258.69

0

1

33

49

-7789

13591

108193

134835

 

Group Non-Single Premium

11.31

0.00

63.33

0.00

2

0

348

0

7789

0

1230261

0

 

Group Yearly Renewable Premium

0.00

7.97

0.00

50.96

0

35

0

406

0

336683

0

2386286

17

PNB Met Life

104.21

120.14

912.00

1155.14

19647

18884

176587

189945

75427

47636

1249707

519710

 

Individual Single Premium

1.65

2.74

16.83

34.55

43

87

397

870

0

0

0

0

 

Individual Non-Single Premium

89.64

107.41

797.29

991.36

19593

18780

176027

188948

0

0

0

0

 

Group Single Premium

6.47

7.17

47.84

100.77

0

0

0

0

6009

5640

43198

72505

 

Group Non-Single Premium

6.44

0.10

50.03

1.97

11

17

163

127

69418

40985

1206509

419941

 

Group Yearly Renewable Premium

0.00

2.72

0.00

26.48

0

0

0

0

0

1011

0

27264

18

Reliance Nippon Life

77.46

84.41

889.06

764.39

22274

17409

226724

182293

230755

103482

2436627

1078256

 

Individual Single Premium

1.27

1.34

20.48

16.21

86

69

929

757

0

0

0

0

 

Individual Non-Single Premium

61.19

66.43

565.74

596.15

22173

17331

225638

181408

0

0

0

0

 

Group Single Premium

4.51

1.67

65.16

22.99

7

0

116

2

225874

-27

2382238

2708

 

Group Non-Single Premium

10.48

12.81

237.68

98.37

8

2

41

26

4881

-1170

54389

10091

 

Group Yearly Renewable Premium

0.00

2.16

0.00

30.66

0

7

0

100

0

104679

0

1065457

19

Sahara Life

8.72

0.05

30.58

4.19

0

0

11884

1622

0

0

0

0

 

Individual Single Premium

6.85

0.00

21.20

1.90

0

0

3875

366

0

0

0

0

 

Individual Non-Single Premium

1.87

0.05

9.38

2.29

0

0

8009

1256

0

0

0

0

 

Group Single Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

 

Group Non-Single Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

 

Group Yearly Renewable Premium

0.00

0.00

0.00

0.00

0

0

0

0

0

0

0

0

20

SBI Life

538.62

709.72

8574.13

9203.34

94781

95170

1098360

1228210

628931

268232

2389372

3610813

 

Individual Single Premium

39.75

44.35

512.75

597.92

1493

1403

21240

18368

0

0

0

0

 

Individual Non-Single Premium

420.13

495.62

5005.46

6805.68

93042

93639

1076164

1208627

0

0

0

0

 

Group Single Premium

41.96

140.55

2801.03

1430.22

5

4

54

92

22451

24233

282387

171535

 

Group Non-Single Premium

36.77

19.50

254.89

187.22

241

2

902

17

606480

41488

2106985

210266

 

Group Yearly Renewable Premium

0.00

9.70

0.00

182.30

0

122

0

1106

0

202511

0

3229012

21

Shriram Life

52.41

62.39

626.48

673.32

17288

21179

168148

201411

493067

412446

21389653

5672161

 

Individual Single Premium

9.12

3.91

53.71

36.82

562

213

3502

2066

0

0

0

0

 

Individual Non-Single Premium

28.21

32.02

306.83

345.57

16714

20964

164504

199226

0

0

0

0

 

Group Single Premium

9.07

23.14

171.97

234.19

1

0

8

9

105383

170560

2340073

1851101

 

Group Non-Single Premium

6.01

0.00

93.97

0.00

11

0

134

0

387684

0

19049580

0

 

Group Yearly Renewable Premium

0.00

3.32

0.00

56.74

0

2

0

110

0

241886

0

3821060

22

Star Union-Diachi Life

90.42

64.24

527.01

588.90

15273

9999

96807

98622

15433

24805

206946

327409

 

Individual Single Premium

6.59

5.31

56.59

70.75

197

95

1449

1760

0

0

0

0

 

Individual Non-Single Premium

81.50

53.07

441.85

473.63

15075

9904

95347

96855

0

0

0

0

 

Group Single Premium

1.90

4.60

19.29

30.09

0

0

1

0

1295

2371

15688

18774

 

Group Non-Single Premium

0.43

0.28

9.28

1.78

1

0

10

0

14138

196

191258

1296

 

Group Yearly Renewable Premium

0.00

0.98

0.00

12.65

0

0

0

7

0

22238

0

307339

23

Tata AIA Life

108.09

140.56

835.31

1136.40

16328

22147

137498

171929

1360

13498

74585

110489

 

Individual Single Premium

0.37

0.67

3.80

4.53

16

25

128

147

0

0

0

0

 

Individual Non-Single Premium

100.80

135.54

770.86

1060.31

16308

22116

137287

171711

0

0

0

0

 

Group Single Premium

0.00

0.00

0.12

0.00

0

0

0

0

2

0

132

1

 

Group Non-Single Premium

6.92

4.31

60.54

71.18

4

4

83

59

1358

13390

74453

63737

 

Group Yearly Renewable Premium

0.00

0.03

0.00

0.37

0

2

0

12

0

108

0

46751

 

Private Total

3944.09

5248.24

41250.19

48891.40

577011

593619

5191670

5753415

7575619

12295768

110722234

106343590

 

Individual Single Premium

319.10

575.30

3111.13

4067.20

21647

28807

349706

196737

 

 

 

 

 

Individual Non-Single Premium

2736.86

3025.98

22952.19

29395.83

554678

564206

4836111

5550444

 

 

 

 

 

Group Single Premium

644.33

1344.26

11403.82

12224.11

230

70

2314

740

4262128

7154164

55284166

47067642

 

Group Non-Single Premium

243.81

89.90

3783.04

604.75

456

52

3539

524

3313491

479278

55438068

3641881

 

Group Yearly Renewable Premium

0.00

212.79

0.00

2599.50

0

484

0

4970

0

4662326

0

55634067

24

LIC

6847.59

8476.73

99096.57

115803.52

1761155

1851386

15344205

16725281

2478179

8251467

43305652

46893195

 

Individual Single Premium

1255.78

1559.52

21055.27

24055.07

79087

88223

1009020

1034837

0

0

0

0

 

Individual Non-Single Premium

2018.24

2187.26

17594.62

20331.96

1680037

1761105

14311128

15666487

0

0

0

0

 

Group Single Premium

3477.95

4634.07

57000.00

68887.72

27

23

550

655

33709

12406

1350386

595366

 

Group Non-Single Premium

95.62

82.12

3446.68

1882.85

2004

228

23507

2826

2444470

316945

41955266

2905401

 

Group Yearly Renewable Premium

0.00

13.76

0.00

645.92

0

1807

0

20476

0

7922116

0

43392428

 

Grand Total

10791.68

13724.96

140346.76

164694.92

2338166

2445005

20535875

22478696

10053798

20547235

154027886

153236785

 

Individual Single Premium

1574.87

2134.82

24166.40

28122.27

100734

117030

1358726

1231574

 

 

 

 

 

Individual Non-Single Premium

4755.10

5213.25

40546.82

49727.79

2234715

2325311

19147239

21216931

 

 

 

 

 

Group Single Premium

4122.28

5978.33

68403.82

81111.84

257

93

2864

1395

4295837

7166570

56634552

47663008

 

Group Non-Single Premium

339.43

172.02

7229.72

2487.60

2460

280

27046

3350

5757961

796223

97393334

6547282

 

Group Yearly Renewable Premium

0.00

226.55

0

3245.42

0

2291

0

25446

0

12584442

0

99026495

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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    First Year Premium of Life Insurers for the Period ended 28th February, 20.xls

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