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TABLE 4: INDIVIDUAL NEW BUSINESS PERFORMANCE OF LIFE INSURERS - CHANNEL WISE

(Premium in r Crore)
NUMBER OF POLICIES ISSUED AMOUNT OF PREMIUM
PARTICULARS
2013-14 2014-15 2015-16 2013-14 2014-15
Individual Agents 36792083 21654232 22099564 47789.83 39568.04
(90.10) (83.71) (82.76) (78.40) (71.42)
Corporate Agents-
Banks 2327836 2414000 2713791 9523.00 11547.45
(5.70) (9.33) (10.16) (15.62) (20.84)
Corporate Agents-
Others* 701276 393200 318418 811.93 795.50
(1.71) (1.52) (1.19) (1.33) (1.44)

Brokers 315769 256740 246421 948.53 1019.93


(0.77). (0.99) (0.92) (1.55) (1.84)

Direct Selling 698100 666858 562234 1883.57 2450.70


(1.71) (2.58) (2.11) (3.09 (4.42)

MI Agents - 482297 548431 - 17.01


(1.86) (2.05) (0.03)
Common Service
Centres (CSCs) - 2029 7581 - 0.32
(0.01) (0.03) (0.01)

Web-Aggregators 19
(0.00)
IMF 1
(0.00)

Online 205214
(0.77)

Others if any 778


(0.00)

TOTAL 40835064 25869356 26702452 60956.86 55398.95


(100.00) (100.00) (100.00) (100.00) (100.00)

Referrals 12725 8669 10826 19.64 7.98


(0.03) (0.03) (0.04) (0.03) (0.01)
* Any entity other than banks but licensed as a corporate agent. # Does not include its overseas new business premium
Note:1) New business premium includes first year premium and single premium.
2) Figures in bracket show percentage to total individual new business procured through respective channels.
3) The leads obtained through referral arrangements have been included in the respective channels.