Document Detail
Title: Monthly Business Figures - Life
Reference No.: July, 2011
Date: 24/08/2011
First Year Premium of Life Insurers for the Period ended July, 2011
First Year Premium of Life Insurers for the Period ended July, 2011 | (`crore) | |||||||||
Sl No. | Insurer | Premium | No. of Policies / Schemes | No. of lives covered under Group Schemes | ||||||
July, 11 | Upto July, 11 | Upto July, 10 | July, 11 | Upto July, 11 | Upto July, 10 | July, 11 | Upto July, 11 | Upto July, 10 | ||
1 | Bajaj Allianz | |||||||||
Individual Single Premium | 29.38 | 107.32 | 223.44 | 3345 | 11997 | 30369 | ||||
Individual Non-Single Premium | 81.32 | 265.23 | 555.45 | 79347 | 242128 | 449027 | ||||
Group Single Premium | 17.82 | 57.40 | 24.19 | 10 | 25 | 11 | 16921 | 61139 | 34749 | |
Group Non-Single Premium | 36.40 | 113.33 | 84.64 | 83 | 282 | 516 | 1290400 | 3262486 | 6032545 | |
2 | ING Vysya | |||||||||
Individual Single Premium | 1.99 | 7.66 | 0.03 | 213 | 788 | 4 | ||||
Individual Non-Single Premium | 40.23 | 128.73 | 150.44 | 19487 | 65114 | 67574 | ||||
Group Single Premium | 0.13 | 0.83 | 3.30 | 0 | 0 | 0 | 23 | 185 | 643 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.21 | 0 | 0 | 0 | 0 | 0 | 138 | |
3 | Reliance Life | |||||||||
Individual Single Premium | 25.23 | 50.83 | 62.74 | 3048 | 8460 | 11677 | ||||
Individual Non-Single Premium | 83.13 | 279.45 | 777.75 | 85263 | 292214 | 763895 | ||||
Group Single Premium | 9.92 | 15.60 | 11.87 | 17 | 71 | 80 | 150960 | 647602 | 334467 | |
Group Non-Single Premium | 5.33 | 39.60 | 48.95 | 7 | 69 | 57 | 7349 | 102531 | 28541 | |
4 | SBI Life | |||||||||
Individual Single Premium | 103.94 | 345.91 | 206.53 | 8906 | 27792 | 22205 | ||||
Individual Non-Single Premium | 123.21 | 352.95 | 651.30 | 55665 | 147376 | 173283 | ||||
Group Single Premium | 475.37 | 871.57 | 568.99 | 7 | 52 | 29 | 15454 | 64787 | 149649 | |
Group Non-Single Premium | 7.60 | 28.97 | 112.46 | 11 | 27 | 8 | 42567 | 164946 | 157873 | |
5 | Tata AIG | |||||||||
Individual Single Premium | 9.97 | 48.54 | 56.58 | 861 | 4127 | 7745 | ||||
Individual Non-Single Premium | 50.06 | 189.36 | 261.02 | 22207 | 91233 | 166447 | ||||
Group Single Premium | 5.81 | 17.72 | 9.51 | 2 | 2 | 2 | 10554 | 36044 | 16169 | |
Group Non-Single Premium | 8.51 | 33.63 | 38.24 | 4 | 17 | 33 | 2725 | 190267 | 35175 | |
6 | HDFC Standard | |||||||||
Individual Single Premium | 20.28 | 74.79 | 34.56 | 2220 | 8005 | 10119 | ||||
Individual Non-Single Premium | 209.03 | 578.82 | 844.25 | 49401 | 145120 | 185639 | ||||
Group Single Premium | 24.36 | 91.33 | 2.76 | 20 | 106 | 64 | 47783 | 222466 | 66304 | |
Group Non-Single Premium | 15.89 | 82.56 | 131.18 | 0 | 3 | 17 | 214 | 1184 | 55844 | |
7 | ICICI Prudential | |||||||||
Individual Single Premium | 22.59 | 107.93 | 4.79 | 1360 | 7619 | 96 | ||||
Individual Non-Single Premium | 198.12 | 569.66 | 1555.50 | 97994 | 392697 | 459318 | ||||
Group Single Premium | 34.79 | 139.47 | 61.52 | 16 | 61 | 47 | 360166 | 671250 | 588984 | |
Group Non-Single Premium | 45.09 | 303.72 | 368.78 | 4 | 15 | 13 | 64598 | 348773 | 229458 | |
8 | Birla Sunlife | |||||||||
Individual Single Premium | 8.39 | 25.09 | 7.43 | 171 | 555 | 26255 | ||||
Individual Non-Single Premium | 89.84 | 320.68 | 535.47 | 80768 | 221292 | 436205 | ||||
Group Single Premium | 0.37 | 1.64 | 1.57 | 1 | 1 | 1 | 64 | 320 | 400 | |
Group Non-Single Premium | 6.74 | 81.06 | 108.11 | 26 | 89 | 76 | 49206 | 295651 | 202564 | |
9 | Aviva | |||||||||
Individual Single Premium | 3.89 | 14.75 | 7.46 | 1040 | 2434 | 564 | ||||
Individual Non-Single Premium | 38.76 | 111.43 | 175.42 | 12939 | 36752 | 62913 | ||||
Group Single Premium | 0.05 | 0.33 | 0.13 | 0 | 0 | 0 | 254 | 1306 | 897 | |
Group Non-Single Premium | 73.91 | 83.31 | 12.97 | 13 | 34 | 35 | 1819 | -295263 | 614546 | |
10 | Kotak Mahindra Old Mutual | |||||||||
Individual Single Premium | 22.64 | 62.92 | 20.96 | 1373 | 4575 | 2078 | ||||
Individual Non-Single Premium | 30.74 | 95.44 | 220.40 | 13425 | 38830 | 82523 | ||||
Group Single Premium | 11.58 | 36.53 | 29.69 | 6 | 13 | 1 | 85604 | 231951 | 108089 | |
Group Non-Single Premium | 32.02 | 66.80 | 50.31 | 46 | 243 | 246 | 111509 | 530768 | 470802 | |
11 | Max New York | |||||||||
Individual Single Premium | 18.22 | 70.61 | 64.63 | 155 | 383 | 650 | ||||
Individual Non-Single Premium | 110.75 | 434.70 | 497.53 | 41836 | 176524 | 260150 | ||||
Group Single Premium | 6.71 | 27.41 | 4.22 | 1 | 13 | 13 | 22760 | 28303 | 496398 | |
Group Non-Single Premium | 7.47 | 18.54 | 33.07 | 46 | 395 | 391 | 22991 | 1793852 | 3357698 | |
12 | Met Life | |||||||||
Individual Single Premium | 11.96 | 27.68 | 7.98 | 719 | 2065 | 1331 | ||||
Individual Non-Single Premium | 28.92 | 94.11 | 131.47 | 13627 | 46049 | 47019 | ||||
Group Single Premium | 0.68 | 2.86 | 6.31 | 2 | 4 | 0 | 1615 | 5237 | 3172 | |
Group Non-Single Premium | 7.56 | 18.75 | 9.60 | 19 | 100 | 116 | 58883 | 308911 | 684927 | |
13 | Sahara Life | |||||||||
Individual Single Premium | 2.49 | 5.44 | 9.43 | 551 | 1221 | 2389 | ||||
Individual Non-Single Premium | 3.23 | 9.36 | 14.14 | 4982 | 12569 | 16834 | ||||
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 | |
14 | Shriram Life | |||||||||
Individual Single Premium | 17.58 | 56.49 | 68.05 | 2339 | 6790 | 8008 | ||||
Individual Non-Single Premium | 6.95 | 31.25 | 60.75 | 6313 | 25859 | 25639 | ||||
Group Single Premium | 7.08 | 27.13 | 16.13 | 0 | 0 | 0 | 26796 | 99431 | 71377 | |
Group Non-Single Premium | 1.16 | 1.44 | 2.50 | 1 | 3 | 4 | 111197 | 125875 | 265598 | |
15 | Bharti Axa Life | |||||||||
Individual Single Premium | 0.15 | 0.59 | 2.17 | 36 | 104 | 2090 | ||||
Individual Non-Single Premium | 12.30 | 50.32 | 115.06 | 7863 | 30217 | 50142 | ||||
Group Single Premium | 2.01 | 7.97 | 6.31 | 0 | 1 | 0 | 855 | 2910 | 3973 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
16 | Future Generali Life | |||||||||
Individual Single Premium | 2.47 | 8.12 | 1.96 | 353 | 1158 | 253 | ||||
Individual Non-Single Premium | 20.50 | 68.55 | 97.41 | 13621 | 38776 | 84060 | ||||
Group Single Premium | 0.00 | 0.17 | 0.08 | 0 | 1 | 0 | 0 | 27 | 1835 | |
Group Non-Single Premium | 1.86 | 4.93 | 8.85 | 8 | 35 | 30 | 8618 | 19918 | 1585823 | |
17 | IDBI Federal | |||||||||
Individual Single Premium | 16.48 | 35.96 | 25.19 | 671 | 2122 | 4423 | ||||
Individual Non-Single Premium | 12.38 | 36.64 | 70.68 | 5199 | 15259 | 25177 | ||||
Group Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
Group Non-Single Premium | 1.67 | 4.78 | 0.44 | 0 | 15 | 7 | 16840 | 194605 | 174949 | |
18 | Canara HSBC OBC Life | |||||||||
Individual Single Premium | 0.01 | 0.03 | 3.41 | 1 | 1 | 182 | ||||
Individual Non-Single Premium | 32.11 | 142.99 | 216.71 | 4981 | 19653 | 34791 | ||||
Group Single Premium | 0.57 | 1.67 | 7.98 | 1 | 1 | 0 | 134 | 525 | 4766 | |
Group Non-Single Premium | 11.57 | 32.07 | 0.00 | 1 | 2 | 0 | 4555 | 44148 | 0 | |
19 | Aegon Religare | |||||||||
Individual Single Premium | 2.75 | 8.79 | 2.24 | 104 | 410 | 189 | ||||
Individual Non-Single Premium | 13.73 | 42.64 | 48.67 | 4813 | 16176 | 15573 | ||||
Group Single Premium | 0.09 | 0.24 | 0.23 | 0 | 0 | 0 | 178 | 492 | 481 | |
Group Non-Single Premium | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | DLF Pramerica | |||||||||
Individual Single Premium | 0.80 | 4.56 | 0.63 | 88 | 472 | 84 | ||||
Individual Non-Single Premium | 6.87 | 23.64 | 22.54 | 3888 | 15550 | 9207 | ||||
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 | 19.93 | 79.19 | 53.14 | 1371 | 5354 | 3628 | ||||
Individual Non-Single Premium | 14.32 | 47.35 | 53.99 | 7061 | 20687 | 15988 | ||||
Group Single Premium | 7.01 | 19.33 | 11.31 | 0 | 0 | 0 | 1775 | 5779 | 6034 | |
Group Non-Single Premium | 0.09 | 3.10 | 2.47 | 3 | 8 | 15 | 23632 | 51275 | 33072 | |
22 | IndiaFirst | |||||||||
Individual Single Premium | 19.42 | 95.48 | 39.64 | 1064 | 7581 | 3017 | ||||
Individual Non-Single Premium | 9.25 | 29.78 | 78.76 | 4635 | 13348 | 27875 | ||||
Group Single Premium | 2.57 | 7.10 | 1.61 | 0 | 0 | 3 | 1648 | 4403 | 1464 | |
Group Non-Single Premium | 0.44 | 3.15 | 0.32 | 5 | 19 | 2 | 16274 | 100611 | 19048 | |
Private Total | ||||||||||
Individual Single Premium | 360.56 | 1238.68 | 902.99 | 29989 | 104013 | 137356 | ||||
Individual Non-Single Premium | 1215.75 | 3903.08 | 7134.71 | 635315 | 2103423 | 3459279 | ||||
Group Single Premium | 606.91 | 1326.30 | 767.69 | 83 | 351 | 251 | 743544 | 2084157 | 1889851 | |
Group Non-Single Premium | 263.32 | 919.75 | 1013.11 | 277 | 1356 | 1566 | 1833377 | 7240538 | 13948601 | |
23 | LIC | |||||||||
Individual Single Premium | 965.01 | 4018.57 | 10097.49 | 133402 | 666410 | 1642280 | ||||
Individual Non-Single Premium | 1898.65 | 6246.85 | 6779.33 | 2310752 | 7349989 | 7459981 | ||||
Group Single Premium | 1516.73 | 5085.25 | 5209.85 | 2279 | 5120 | 5875 | 2034453 | 4438177 | 7354973 | |
Group Non-Single Premium | 1684.31 | 4056.01 | 2344.06 | 582 | 1698 | 148 | 418127 | 1118794 | 700526 | |
Grand Total | ||||||||||
Individual Single Premium | 1325.57 | 5257.25 | 11000.47 | 163391 | 770423 | 1779636 | ||||
Individual Non-Single Premium | 3114.40 | 10149.93 | 13914.04 | 2946067 | 9453412 | 10919260 | ||||
Group Single Premium | 2123.64 | 6411.55 | 5977.54 | 2362 | 5471 | 6126 | 2777997 | 6522334 | 9244824 | |
Group Non-Single Premium | 1947.63 | 4975.76 | 3357.17 | 859 | 3054 | 1714 | 2251504 | 8359332 | 14649127 | |
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 |