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PolicyX.Com Data Lab

Data Will Talk to You, If You are Willing to Listen

India's Insurance Industry Insights

$ per person (2018)

74

Insurance Density

% of GDP (2018)

3.71

Insurance Penetration

In (cr.) 2019-20

173441

Total General Insurers Premium

In (cr.) 2019-20

258896

Total Premium - Life Insurance

In (cr.) 2017-18 (Delhi)

21883

Statewise Life Insurance Premium

In (cr.) 2017-18 (Maharashtra)

31779

Statewise General Insurance Premium

Life - Non Life (Year)

2018-19

Claim Settlement Ratio

Life Insurer (Year)

2018-19

Solvency Ratio

An Initiative by PolicyX.com

About PolicyX.com Data Lab

PolicyX.com Data Lab was launched in 2020 to provide valuable insights into the insurance industry and its players. As one of the leading marketplaces in India, we have access to millions of customer data. Our team of data scientists collect this data from various sources like our own website, IRDAI reports and trusted external sources to analyze and disseminate valuable insights to the industry participants.

Media Coverages

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Coronavirus linked insurance claims trickle in; have you bought a policy yet?

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Business Standard

Senior citizens may see spike in premiums in wake of Covid-19 crisis

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ET Wealth

Health insurance online sale spurts up to 30%, offline sales fall due to coronavirus impact

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