Document Detail
Title: Business Figures
Reference No.: Mar-10
Date: 15/04/2010
First Year Premium of Life Insurers for the Period ended March, 2010
First Year Premium of Life Insurers for the Period ended March, 2010 | (Rs Crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
March, 10 | Upto March, 10 | Upto March, 09 | March, 10 | Upto March, 10 | Upto March, 09 | March, 10 | Upto March, 10 | Upto March, 09 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 380.70 | 802.87 | 470.91 | 41377 | 117949 | 107390 | ||||
Individual Non-Single Premium | 557.23 | 3082.43 | 3729.72 | 287932 | 2111540 | 2482553 | ||||
Group Single Premium | 27.98 | 76.39 | 8.60 | 8 | 16 | 9 | 17626 | 82230 | 264579 | |
Group Non-Single Premium | 154.63 | 489.40 | 282.41 | 272 | 1181 | 813 | 1998462 | 18210216 | 7201816 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 0.00 | 6.92 | 22.48 | 0 | 996 | 2772 | ||||
Individual Non-Single Premium | 104.63 | 626.52 | 634.84 | 42519 | 289759 | 355436 | ||||
Group Single Premium | 1.07 | 8.86 | 13.34 | 0 | 0 | 1 | 220 | 2181 | 5625 | |
Group Non-Single Premium | 0.01 | 0.24 | 17.51 | 0 | 0 | 100 | 397 | 4942 | 105633 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 74.78 | 264.83 | 405.83 | 11065 | 47864 | 91043 | ||||
Individual Non-Single Premium | 750.55 | 3123.43 | 2936.18 | 332742 | 2277767 | 2128230 | ||||
Group Single Premium | -71.04 | 24.80 | 136.88 | 200 | 213 | 22 | 694487 | 701119 | 49019 | |
Group Non-Single Premium | 390.06 | 507.46 | 35.17 | -107 | 310 | 383 | -532170 | 245348 | 812353 | |
4 | SBI Life | |||||||||
Individual Single Premium | 135.56 | 560.99 | 519.26 | 13515 | 79206 | 92965 | ||||
Individual Non-Single Premium | 721.96 | 3934.18 | 2839.69 | 170507 | 1274025 | 844528 | ||||
Group Single Premium | 21.62 | 197.94 | 302.49 | 3 | 6 | 14 | 7951 | 85479 | 246653 | |
Group Non-Single Premium | 895.43 | 2347.55 | 1725.02 | 76 | 186 | 155 | 235695 | 1527769 | 7459886 | |
5 | Tata AIG | |||||||||
Individual Single Premium | 3.82 | 21.05 | 40.24 | 604 | 3969 | 8662 | ||||
Individual Non-Single Premium | 201.06 | 1113.82 | 953.71 | 86451 | 685227 | 689156 | ||||
Group Single Premium | 3.53 | 27.34 | 32.21 | 1 | 11 | 7 | 4709 | 45066 | 82944 | |
Group Non-Single Premium | 61.08 | 159.32 | 116.29 | 11 | 74 | 83 | 18110 | 119877 | 308531 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 121.21 | 267.50 | 159.47 | 15485 | 281332 | 154311 | ||||
Individual Non-Single Premium | 349.65 | 2488.51 | 2293.87 | 86094 | 668928 | 919704 | ||||
Group Single Premium | 1.68 | 7.30 | 151.53 | 25 | 200 | 174 | 23115 | 187251 | 385946 | |
Group Non-Single Premium | 119.20 | 497.84 | 39.16 | 24 | 62 | 16 | 29040 | 206311 | 16719 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 13.28 | 121.41 | 244.79 | 76 | 10213 | 36236 | ||||
Individual Non-Single Premium | 971.06 | 5092.14 | 5121.31 | 211747 | 1751014 | 2601439 | ||||
Group Single Premium | 18.13 | 161.50 | 221.86 | 30 | 302 | 214 | 204778 | 1407255 | 697290 | |
Group Non-Single Premium | 359.60 | 959.25 | 1224.56 | 32 | 341 | 349 | 133281 | 657389 | 650773 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 3.03 | 42.39 | 42.36 | 14301 | 135203 | 160689 | ||||
Individual Non-Single Premium | 365.53 | 2244.32 | 2438.40 | 195525 | 1635518 | 1222780 | ||||
Group Single Premium | 0.17 | 0.34 | 16.38 | 0 | 3 | 2 | 136 | 924 | 41768 | |
Group Non-Single Premium | 221.07 | 671.39 | 326.77 | 47 | 285 | 206 | 93452 | 583595 | 261322 | |
9 | Aviva | |||||||||
Individual Single Premium | 9.07 | 55.33 | 46.24 | 374 | 6270 | 6672 | ||||
Individual Non-Single Premium | 148.32 | 686.45 | 651.28 | 41835 | 233273 | 360688 | ||||
Group Single Premium | 0.01 | 0.05 | 0.05 | 2 | 3 | 0 | 24 | 51 | 66 | |
Group Non-Single Premium | 22.49 | 56.83 | 26.09 | 15 | 118 | 80 | 214610 | 2018985 | 1079352 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 79.46 | 187.81 | 18.81 | 3264 | 10107 | 2410 | ||||
Individual Non-Single Premium | 202.73 | 924.83 | 1175.93 | 47738 | 310066 | 492466 | ||||
Group Single Premium | 13.48 | 62.41 | 36.82 | 1 | 18 | 12 | 33918 | 197358 | 135532 | |
Group Non-Single Premium | 83.09 | 158.93 | 111.47 | 88 | 544 | 428 | 169101 | 803834 | 587331 | |
11 | Max New York | |||||||||
Individual Single Premium | 17.36 | 193.94 | 241.48 | 220 | 6265 | 16103 | ||||
Individual Non-Single Premium | 213.36 | 1564.53 | 1571.31 | 116970 | 945575 | 1190613 | ||||
Group Single Premium | 1.39 | 7.67 | 7.71 | 3 | 30 | 11 | 204999 | 1027066 | 206762 | |
Group Non-Single Premium | 12.07 | 81.93 | 23.21 | 44 | 607 | 335 | 1373205 | 7730169 | 259110 | |
12 | Met Life | |||||||||
Individual Single Premium | 17.12 | 31.36 | 8.02 | 3110 | 4451 | 2238 | ||||
Individual Non-Single Premium | 153.14 | 911.24 | 1067.64 | 42637 | 287286 | 325896 | ||||
Group Single Premium | 4.73 | 42.78 | 69.98 | 0 | 0 | 166 | 1676 | 18158 | 311588 | |
Group Non-Single Premium | 56.85 | 82.42 | 0.00 | 36 | 191 | 0 | 233256 | 586428 | 0 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 11.94 | 42.29 | 51.63 | 3189 | 12017 | 14617 | ||||
Individual Non-Single Premium | 11.69 | 64.89 | 78.95 | 12599 | 72036 | 95930 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.00 | 19.83 | 3.80 | 0 | 6 | 16 | 0 | 2212630 | 325067 | |
14 | Shriram Life | |||||||||
Individual Single Premium | 30.31 | 113.79 | 135.29 | 4174 | 17174 | 21929 | ||||
Individual Non-Single Premium | 31.37 | 269.19 | 177.23 | 15840 | 122462 | 104697 | ||||
Group Single Premium | 10.38 | 36.97 | 0.00 | 3 | 4 | 0 | 47722 | 147686 | 0 | |
Group Non-Single Premium | 0.00 | 0.47 | 0.64 | 0 | 11 | 4 | 0 | 61663 | 44783 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.85 | 6.21 | 5.57 | 10438 | 15576 | 18071 | ||||
Individual Non-Single Premium | 99.45 | 405.33 | 275.34 | 25740 | 163174 | 193504 | ||||
Group Single Premium | 3.56 | 26.13 | 11.67 | 1 | 8 | 4 | 16807 | 31016 | 44550 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 2.30 | 9.03 | 5.24 | 290 | 1297 | 1079 | ||||
Individual Non-Single Premium | 116.64 | 445.02 | 132.71 | 83575 | 334396 | 102851 | ||||
Group Single Premium | 0.04 | 0.11 | 0.13 | 0 | 1 | 1 | 700 | 1917 | 671 | |
Group Non-Single Premium | 9.60 | 31.66 | 14.36 | 18 | 111 | 82 | 474679 | 2916319 | 265867 | |
17 | IDBI Fortis Life | |||||||||
Individual Single Premium | 39.24 | 115.02 | 132.57 | 4076 | 15841 | 21008 | ||||
Individual Non-Single Premium | 76.55 | 285.42 | 184.19 | 20080 | 80923 | 62993 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.02 | 0.11 | 0.03 | 0 | 5 | 2 | 6532 | 41442 | 22602 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | 2.92 | 11.98 | 7.59 | 118 | 581 | 499 | ||||
Individual Non-Single Premium | 112.79 | 621.70 | 291.12 | 20558 | 99275 | 35230 | ||||
Group Single Premium | 1.98 | 6.52 | 0.00 | 0 | 4 | 0 | 1093 | 3863 | 0 | |
Group Non-Single Premium | 0.07 | 0.07 | 0.02 | 1 | 1 | 1 | 8073 | 8073 | 2586 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 2.47 | 3.90 | 2.30 | 4672 | 4913 | 1193 | ||||
Individual Non-Single Premium | 39.56 | 146.42 | 28.91 | 9572 | 44947 | 22392 | ||||
Group Single Premium | 0.05 | 0.05 | 0.00 | 3 | 3 | 2 | 7632 | 7632 | 2745 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 0.92 | 1.38 | 0.00 | 128 | 192 | 0 | ||||
Individual Non-Single Premium | 8.91 | 35.97 | 3.38 | 3585 | 19292 | 2795 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 0.01 | 0.01 | 0.01 | 1 | 1 | 1 | 7500 | 7500 | 2602 | |
21 | Star Union Dai-ichi @ | |||||||||
Individual Single Premium | 58.62 | 239.07 | 14.70 | 4027 | 23227 | 2206 | ||||
Individual Non-Single Premium | 64.72 | 250.98 | 32.26 | 17997 | 84995 | 11039 | ||||
Group Single Premium | 12.15 | 25.79 | 4.25 | 2 | 7 | 2 | 8535 | 22754 | 4101 | |
Group Non-Single Premium | 0.87 | 3.65 | 0.55 | 17 | 33 | 2 | 16987 | 48300 | 5587 | |
22 | IndiaFirst # | |||||||||
Individual Single Premium | 15.30 | 38.85 | 1357 | 3456 | ||||||
Individual Non-Single Premium | 70.00 | 162.74 | 22788 | 67300 | ||||||
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 | 1020.24 | 3137.92 | 2574.76 | 135860 | 798099 | 762093 | ||||
Individual Non-Single Premium | 5370.90 | 28480.09 | 26617.98 | 1895031 | 13558778 | 14244920 | ||||
Group Single Premium | 50.89 | 712.96 | 1013.90 | 282 | 829 | 641 | 1276128 | 3969006 | 2479839 | |
Group Non-Single Premium | 2386.16 | 6068.36 | 3947.07 | 575 | 4067 | 3056 | 4480210 | 37990790 | 19411920 | |
23 | LIC | |||||||||
Individual Single Premium | 6579.52 | 26539.59 | 22159.02 | 1192482 | 5951076 | 5188193 | ||||
Individual Non-Single Premium | 5848.35 | 23575.90 | 18070.18 | 7322855 | 32887823 | 30703139 | ||||
Group Single Premium | 4142.95 | 20775.56 | 12724.72 | 4333 | 23763 | 21335 | 7688787 | 38733489 | 31770561 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Grand Total | ||||||||||
Individual Single Premium | 7599.77 | 29677.51 | 24733.78 | 1328342 | 6749175 | 5950286 | ||||
Individual Non-Single Premium | 11219.25 | 52055.99 | 44688.16 | 9217886 | 46446601 | 44948059 | ||||
Group Single Premium | 4193.84 | 21488.51 | 13738.61 | 4615 | 24592 | 21976 | 8964915 | 42702495 | 34250400 | |
Group Non-Single Premium | 2386.16 | 6068.36 | 3947.07 | 575 | 4067 | 3056 | 4480210 | 37990790 | 19411920 | |
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 |