Document Detail

Title: Business Figures - Life
Reference No.: 30th April, 2018
Date: 11/05/2018
First Year Premium of Life Insurers for the Period ended 30th April, 2018
First Year Premium of Life Insurers for the Period ended ended 30th April, 2018     (Premium in Rs.Crore)
Sl No. Insurer Premium No. of Policies / Schemes No. of lives covered under Group Schemes
For April, 2017 For April, 2018 Growth in % Market Share For April, 2017 For April, 2018 Growth in % Market Share For April, 2017 For April, 2018 Growth in % Market Share
1 Aditya Birla Sun Life 97.61 89.38 -8.43 1.23 10489 10222 -2.55 0.92 162936 165852 1.79 1.66
  Individual Single Premium 2.61 7.15 173.90 0.56 73 187 156.16 0.31 0 0    
  Individual Non-Single Premium 32.89 44.79 36.19 1.72 10369 9961 -3.93 0.95 0 0    
  Group Total 62.11 37.44 -39.73 1.10 47 74   5.29 162936 165852 1.79 1.66
  Group Single Premium 50.95 21.30     5 7     31401 51990    
  Group Non-Single Premium 11.16 9.53     42 0     131535 0    
  Group Yearly Renewable Premium 0.00 6.60     0 67     0 113862    
                           
2 Aegon Life 3.82 7.54 97.12 0.10 2932 2782 -5.12 0.25 0 27041 NA 0.27
  Individual Single Premium 0.07 0.09 18.95 0.01 3 127 4133.33 0.21 0 0    
  Individual Non-Single Premium 3.75 4.99 33.09 0.19 2929 2644 -9.73 0.25 0 0    
  Group Total 0.00 2.46 NA 0.07 0 11 NA 0.79 0 27041 NA 0.27
  Group Single Premium 0.00 0.00     0 0     0 0    
  Group Non-Single Premium 0.00 2.46     0 11     0 27041    
  Group Yearly Renewable Premium 0.00 0.00     0 0     0 0    
                           
3 Aviva Life 5.13 14.82 188.57 0.20 2624 1043 -60.25 0.09 8991 90579 907.44 0.91
  Individual Single Premium 0.49 0.26 -47.36 0.02 1847 25 -98.65 0.04 0 0    
  Individual Non-Single Premium 3.64 6.09 67.24 0.23 775 1005 29.68 0.10 0 0    
  Group Total 1.01 8.47 741.40 0.25 2 13 550.00 0.93 8991 90579 907.44 0.91
  Group Single Premium 0.00 0.62     0 0     0 637    
  Group Non-Single Premium 1.01 0.20     2 0     8991 0    
  Group Yearly Renewable Premium 0.00 7.65     0 13     0 89942    
                           
4 Bajaj Allianz Life 259.52 196.33 -24.35 2.70 29023 20817 -28.27 1.87 3551245 1806721 -49.12 18.07
  Individual Single Premium 3.23 3.23 -0.19 0.25 153 152 -0.65 0.25 0 0    
  Individual Non-Single Premium 117.18 93.27 -20.40 3.59 28853 20661 -28.39 1.97 0 0    
  Group Total 139.11 99.83 -28.24 2.94 17 4 -76.47 0.29 3551245 1806721 -49.12 18.07
  Group Single Premium 139.11 76.32     17 2     3551229 1499260    
  Group Non-Single Premium 0.00 0.51     0 0     16 44555    
  Group Yearly Renewable Premium 0.00 23.01     0 2     0 262906    
                           
5 Bharti Axa Life 22.93 49.35 115.20 0.68 2882 7071 145.35 0.64 3340 3311 -0.87 0.03
  Individual Single Premium 0.40 2.74 584.79 0.21 12 23 91.67 0.04 0 0    
  Individual Non-Single Premium 10.63 27.91 162.42 1.07 2870 7048 145.57 0.67 0 0    
  Group Total 11.90 18.70 57.21 0.55 0 0 #DIV/0! 0.00 3340 3311 -0.87 0.03
  Group Single Premium 11.90 18.70     0 0     3340 3311    
  Group Non-Single Premium 0.00 0.00     0 0     0 0    
  Group Yearly Renewable Premium 0.00 0.00     0 0     0 0    
                           
6 Canara HSBC OBC Life 25.91 43.29 67.09 0.59 3055 4047 32.47 0.36 594 13363 2149.66 0.13
  Individual Single Premium 0.32 0.16 -48.90 0.01 6 10 66.67 0.02 0 0    
  Individual Non-Single Premium 24.96 41.19 65.04 1.58 3042 4036 32.68 0.38 0 0    
  Group Total 0.63 1.94 205.54 0.06 7 1 -85.71 0.07 594 13363 2149.66 0.13
  Group Single Premium 0.50 1.25     6 1     383 626    
  Group Non-Single Premium 0.13 0.33     1 0     211 422    
  Group Yearly Renewable Premium 0.00 0.36     0 0     0 12315    
                           
7 DHFL Pramerica Life 72.22 115.82 60.35 1.59 3474 4682 34.77 0.42 993919 1260379 26.81 12.61
  Individual Single Premium 1.49 1.54 3.14 0.12 100 297 197.00 0.49 0 0    
  Individual Non-Single Premium 14.81 22.88 54.45 0.88 3332 4332 30.01 0.41 0 0    
  Group Total 55.92 91.40 63.44 2.69 42 53 26.19 3.79 993919 1260379 26.81 12.61
  Group Single Premium 55.92 55.14     42 0     993919 11555    
  Group Non-Single Premium 0.00 0.00     0 0     0 0    
  Group Yearly Renewable Premium 0.00 36.26     0 53     0 1248824    
                           
8 Edleweiss Tokio Life 10.48 18.27 74.26 0.25 1657 4093 147.01 0.37 34153 23706 -30.59 0.24
  Individual Single Premium 0.34 0.65 92.93 0.05 429 2067 381.82 3.44 0 0    
  Individual Non-Single Premium 5.84 8.71 49.09 0.33 1222 2016 64.98 0.19 0 0    
  Group Total 4.31 8.91 106.95 0.26 6 10 66.67 0.71 34153 23706 -30.59 0.24
  Group Single Premium 0.46 1.16     0 0     66 264    
  Group Non-Single Premium 3.85 0.00     6 0     34087 0    
  Group Yearly Renewable Premium 0.00 7.75     0 10     0 23442    
                           
9 Exide Life 36.18 50.08 38.42 0.69 8657 10749 24.17 0.97 425131 152123 -64.22 1.52
  Individual Single Premium 2.67 4.28 60.63 0.33 30 56 86.67 0.09 0 0    
  Individual Non-Single Premium 25.63 40.20 56.81 1.55 8615 10670 23.85 1.01 0 0    
  Group Total 7.88 5.60 -28.93 0.16 12 23 91.67 1.64 425131 152123 -64.22 1.52
  Group Single Premium 0.02 0.07     0 0     118 467    
  Group Non-Single Premium 7.86 5.08     12 23     425013 131430    
  Group Yearly Renewable Premium 0.00 0.45     0 0     0 20226    
                           
10 Future Generali Life 17.75 22.95 29.30 0.32 2480 2448 -1.29 0.22 40844 37786 -7.49 0.38
  Individual Single Premium 0.31 0.08 -73.10 0.01 29 9 -68.97 0.01 0 0    
  Individual Non-Single Premium 7.88 12.00 52.22 0.46 2445 2434 -0.45 0.23 0 0    
  Group Total 9.56 10.87 13.75 0.32 6 5 -16.67 0.36 40844 37786 -7.49 0.38
  Group Single Premium 0.73 1.19     1 0     643 685    
  Group Non-Single Premium 8.83 0.00     5 0     40201 0    
  Group Yearly Renewable Premium 0.00 9.68     0 5     0 37101    
                           
11 HDFC Standard Life 355.04 764.75 115.40 10.50 40249 51992 29.18 4.67 1421199 3348646 135.62 33.49
  Individual Single Premium 26.36 121.63 361.39 9.49 704 2595 268.61 4.32 0 0    
  Individual Non-Single Premium 118.31 192.93 63.06 7.42 39493 49367 25.00 4.70 0 0    
  Group Total 210.37 450.19 114.00 13.25 52 30 -42.31 2.14 1421199 3348646 135.62 33.49
  Group Single Premium 210.37 429.67     52 11     1421199 2132751    
  Group Non-Single Premium 0.00 0.00     0 0     0 0    
  Group Yearly Renewable Premium 0.00 20.52     0 19     0 1215895    
                           
12 ICICI Prudential Life 585.72 464.35 -20.72 6.38 53354 49170 -7.84 4.42 125737 299601 138.28 3.00
  Individual Single Premium 68.40 85.48 24.97 6.67 2684 4216 57.08 7.02 0 0    
  Individual Non-Single Premium 484.91 330.44 -31.85 12.71 50607 44912 -11.25 4.27 0 0    
  Group Total 32.41 48.42 49.41 1.42 63 42 -33.33 3.00 125737 299601 138.28 3.00
  Group Single Premium 32.41 22.09     63 11     125737 38266    
  Group Non-Single Premium 0.00 0.00     0 0     0 0    
  Group Yearly Renewable Premium 0.00 26.33     0 31     0 261335    
                           
13 IDBI Federal Life 40.56 31.18 -23.14 0.43 7985 4021 -49.64 0.36 16576 25925 56.40 0.26
  Individual Single Premium 8.93 11.31 26.65 0.88 687 666 -3.06 1.11 0 0    
  Individual Non-Single Premium 27.29 13.48 -50.59 0.52 7297 3355 -54.02 0.32 0 0    
  Group Total 4.34 6.38 46.99 0.19 1 0 -100.00 0.00 16576 25925 56.40 0.26
  Group Single Premium 4.23 6.20     1 0     317 1105    
  Group Non-Single Premium 0.11 0.19     0 0     16259 24820    
  Group Yearly Renewable Premium 0.00 0.00     0 0     0 0    
                           
14 India First Life 93.60 68.13 -27.21 0.94 7177 7167 -0.14 0.64 78152 49962 -36.07 0.50
  Individual Single Premium 0.69 1.15 68.01 0.09 45 763 1595.56 1.27 0 0    
  Individual Non-Single Premium 31.21 31.61 1.30 1.22 7122 6395 -10.21 0.61 0 0    
  Group Total 61.71 35.37 -42.68 1.04 10 9 -10.00 0.64 78152 49962 -36.07 0.50
  Group Single Premium 61.71 35.37     10 9     78152 49962    
  Group Non-Single Premium 0.00 0.00     0 0     0 0    
  Group Yearly Renewable Premium 0.00 0.00     0 0     0 0    
                           
15 Kotak Mahindra Old Mutual Life 143.10 182.54 27.56 2.51 8100 8715 7.59 0.78 698795 989896 41.66 9.90
  Individual Single Premium 16.73 36.49 118.12 2.85 153 851 456.21 1.42 0 0    
  Individual Non-Single Premium 43.86 57.44 30.96 2.21 7855 7789 -0.84 0.74 0 0    
  Group Total 82.51 88.61 7.39 2.61 92 75 -18.48 5.36 698795 989896 41.66 9.90
  Group Single Premium 37.43 77.31     5 12     431436 789094    
  Group Non-Single Premium 45.09 2.89     87 3     267359 137845    
  Group Yearly Renewable Premium 0.00 8.41     0 60     0 62957    
                           
16 Max Life 158.60 166.05 4.70 2.28 20054 21125 5.34 1.90 495844 278931 -43.75 2.79
  Individual Single Premium 36.23 42.03 16.03 3.28 20 56 180.00 0.09 0 0    
  Individual Non-Single Premium 101.03 98.95 -2.07 3.80 19954 20924 4.86 1.99 0 0    
  Group Total 21.34 25.07 17.51 0.74 80 145 81.25 10.36 495844 278931 -43.75 2.79
  Group Single Premium 15.93 13.86     17 27     8901 7603    
  Group Non-Single Premium 5.41 0.00     63 0     486943 0    
  Group Yearly Renewable Premium 0.00 11.22     0 118     0 271328    
                           
17 PNB Met Life 61.02 57.98 -4.97 0.80 9898 7667 -22.54 0.69 51380 82199 59.98 0.82
  Individual Single Premium 0.84 2.30 173.17 0.18 28 53 89.29 0.09 0 0    
  Individual Non-Single Premium 50.00 45.71 -8.58 1.76 9862 7597 -22.97 0.72 0 0    
  Group Total 10.18 9.98 -1.96 0.29 8 17 112.50 1.22 51380 82199 59.98 0.82
  Group Single Premium 5.28 6.75     0 0     4403 4829    
  Group Non-Single Premium 4.90 0.04     8 17     46977 73651    
  Group Yearly Renewable Premium 0.00 3.18     0 0     0 3719    
                           
18 Reliance Nippon Life 53.40 68.09 27.51 0.94 14176 15744 11.06 1.41 171705 138001 -19.63 1.38
  Individual Single Premium 1.30 1.84 41.09 0.14 60 62 3.33 0.10 0 0    
  Individual Non-Single Premium 43.12 59.12 37.12 2.27 14103 15671 11.12 1.49 0 0    
  Group Total 8.98 7.13 -20.59 0.21 13 11 -15.38 0.79 171705 138001 -19.63 1.38
  Group Single Premium 5.85 2.22     11 1     172278 -129    
  Group Non-Single Premium 3.13 2.29     2 2     -573 34    
  Group Yearly Renewable Premium 0.00 2.62     0 8     0 138096    
                           
19 Sahara Life 0.64 0.01 -98.21 0.00 152 0 -100.00 0.00 0 0   0.00
  Individual Single Premium 0.47 0.00 -100.00 0.00 64 0 -100.00 0.00 0 0    
  Individual Non-Single Premium 0.18 0.01 -93.46 0.00 88 0 -100.00 0.00 0 0    
  Group Total 0.00 0.00   0.00 0 0   0.00 0 0   0.00
  Group Single Premium 0.00 0.00     0 0     0 0    
  Group Non-Single Premium 0.00 0.00     0 0     0 0    
  Group Yearly Renewable Premium 0.00 0.00     0 0     0 0    
                           
20 SBI Life 417.13 410.99 -1.47 5.65 63210 52583 -16.81 4.73 187071 176008 -5.91 1.76
  Individual Single Premium 30.21 27.77 -8.06 2.17 1807 1005 -44.38 1.67 0 0    
  Individual Non-Single Premium 286.65 255.09 -11.01 9.81 61317 51528 -15.96 4.90 0 0    
  Group Total 100.28 128.12 27.77 3.77 86 50 -41.86 3.57 187071 176008 -5.91 1.76
  Group Single Premium 70.88 121.14     4 3     9817 14207    
  Group Non-Single Premium 29.39 0.45     82 0     177254 949    
  Group Yearly Renewable Premium 0.00 6.53     0 47     0 160852    
                           
21 Shriram Life 46.61 29.97 -35.70 0.41 8390 11268 34.30 1.01 870467 316731 -63.61 3.17
  Individual Single Premium 4.08 0.99 -75.82 0.08 223 70 -68.61 0.12 0 0    
  Individual Non-Single Premium 14.56 12.99 -10.74 0.50 8155 11195 37.28 1.06 0 0    
  Group Total 27.97 15.99 -42.84 0.47 12 3 -75.00 0.21 870467 316731 -63.61 3.17
  Group Single Premium 25.12 11.93     2 0     164308 66642    
  Group Non-Single Premium 2.85 0.00     10 0     706159 0    
  Group Yearly Renewable Premium 0.00 4.06     0 3     0 250089    
                           
22 Star Union-Diachi Life 12.69 15.43 21.55 0.21 2351 2809 19.48 0.25 30874 11829 -61.69 0.12
  Individual Single Premium 1.14 2.63 129.88 0.21 31 82 164.52 0.14 0 0    
  Individual Non-Single Premium 7.93 10.18 28.36 0.39 2315 2727 17.80 0.26 0 0    
  Group Total 3.62 2.62 -27.62 0.08 5 0 -100.00 0.00 30874 11829 -61.69 0.12
  Group Single Premium 1.14 2.15     0 0     648 1039    
  Group Non-Single Premium 2.48 0.13     5 0     30226 86    
  Group Yearly Renewable Premium 0.00 0.34     0 0     0 10704    
                           
23 Tata AIA Life 42.96 57.43 33.67 0.79 6453 7445 15.37 0.67 6007 14183 136.11 0.14
  Individual Single Premium 0.26 0.47 84.42 0.04 6 13 116.67 0.02 0 0    
  Individual Non-Single Premium 41.63 43.78 5.17 1.68 6430 7411 15.26 0.70 0 0    
  Group Total 1.08 13.17 1121.53 0.39 17 21 23.53 1.50 6007 14183 136.11 0.14
  Group Single Premium 0.00 0.00     0 0     -1 0    
  Group Non-Single Premium 1.08 13.07     17 17     6008 13733    
  Group Yearly Renewable Premium 0.00 0.10     0 4     0 450    
                           
  Private Total 2562.65 2924.71 14.13 40.17 308822 307660 -0.38 27.65 9374960 9312773 -0.66 93.14
  Individual Single Premium 207.56 354.27 70.69 27.65 9194 13385 45.58 22.30        
  Individual Non-Single Premium 1497.88 1453.76 -2.95 55.90 299050 293678 -1.80 27.93        
  Group Total 857.21 1116.69 30.27 32.86 578 597 3.29 42.67 9374960 9312773 -0.66 93.14
  Group Single Premium 729.93 904.46     236 84     6998294 4674164    
  Group Non-Single Premium 127.28 37.17     342 73     2376666 454566    
  Group Yearly Renewable Premium 0.00 175.07     0 440     0 4184043    
                           
24 LIC 4426.87 4355.27 -1.62 59.83 926299 805171 -13.08 72.35 1830426 685815 -62.53 6.86
  Individual Single Premium 791.12 926.83 17.15 72.35 43570 46650 7.07 77.70 0 0    
  Individual Non-Single Premium 1120.34 1146.78 2.36 44.10 881907 757719 -14.08 72.07 0 0    
  Group Total 2515.40 2281.66 -9.29 67.14 822 802 -2.43 57.33 1830426 685815 -62.53 6.86
  Group Single Premium 2401.93 2177.02     10 7     16336 5383    
  Group Non-Single Premium 113.47 92.16     812 135     1814090 151900    
  Group Yearly Renewable Premium 0.00 12.49     0 660     0 528532    
                           
  Grand Total 6989.51 7279.98 4.16 100.00 1235121 1112831 -9.90 100.00 11205386 9998588 -10.77 100.00
  Individual Single Premium 998.68 1281.09 28.28 100.00 52764 60035 13.78 100.00        
  Individual Non-Single Premium 2618.22 2600.53 -0.68 100.00 1180957 1051397 -10.97 100.00        
  Group Total 3372.61 3398.36 0.76 100.00 1400 1399 -0.07 100.00 11205386 9998588 -10.77 100.00
  Group Single Premium 3131.87 3081.48     246 91     7014630 4679547    
  Group Non-Single Premium 240.75 129.32     1154 208     4190756 606466    
  Group Yearly Renewable Premium 0.00 187.55     0 1100     0 4712575    
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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