You are on page 1of 7

TABLE 2: FIRST YEAR LIFE INSURANCE PREMIUM

INSURER 2013-14

Aegon 147.22

Aviva 593.76

Bajaj Allianz 2592.03


Bharti AXA 375.61

Birla Sunlife 1697.49

Canara HSBC 608.07

DHFL Pramerica 172.95

Edelweiss Tokio 80.72


Exide Life 567.81

Future Generali 224.90

HDFC Standard 4038.93

ICICI Prudential 3759.59

IDBI Federal 315.69


IndiaFirst 1681.36

Kotak Mahindra 1271.81

Max Life 2261.60

PNB Metlife 675.89

Reliance Nippon 1933.99

Sahara 65.09
SBI Life 5065.48
Shriram Life 389.83
Star Union Dai-ichi 562.85

Tata AIA 433.76

Private Total 29516.43


(-4.01)
LIC 90808.79
(18.53)
Industry Total 120325.22
(12.08)
Note: 1) Figures in the brackets represent the growth over the previous year in per cent.
2) Previous years figures revised by insurers
INSURER 2013-14 2014-15 2015-16
Industry Total 120325.22 113329.52 138862.31
Growth Rate (%) 12.08 -5.82 22.53
Indicators 2015 2016 2017
Poppulation (mn) 1254.02 1268.96 1283.6
GDP Annual Growth rate (%) 8.4 7.5 6.5
GDP percapita (USD) 1758 1861.5 na
Inflation rate (%) 5.91 5.92 3.98
Interest rate (%) 6.75 6.25 6
Unemployment rate (%) 3.49 3.51 3.52
Living wage Individual (INR/month) 10300 10800 11000
2013-14 2014-15 2015-16
Birla Sunlife 1697.49 1937.94 2220.31

HDFC Standard 4038.93 5492.10 6487.22

IDBI Federal 315.69 484.50 588.40


Industry Total ### 113329.52 ###
FIRST YEAR LIFE INSURANCE PREMIUM
7000.00 160000.00
6000.00 140000.00
5000.00 120000.00
100000.00

INR crores

Axis Title
4000.00
80000.00
3000.00
60000.00
2000.00 40000.00
1000.00 20000.00
0.00 0.00
2013-14 2014-15 2015-16
Axis Title

Birl a Sunl i fe HDFC Standard


IDBI Federal Industry Total
60000.00
40000.00
20000.00
00000.00
Axis Title

0000.00
0000.00
0000.00
0000.00
00