Life Insurers Premium

Individual Single Premium

28598.63

In (cr.)

Individual Non-Single Premium

36705.29

In (cr.)

Group Single Premium

92937.11

In (cr.)

Group Non-Single Premium

4876.84

In (cr.)

(Data Upto November)

The graph shows the monthly business figures of all the life insurance companies. The values listed in the graph are divided into four categories- individual single premium, individual non-single premium, group single premium and group non-single premium. The data can be adjusted as per individual insurer and year.

Life Insurance Companies Premium Of Year 2020-2021

(Data Upto November)

Year	Company	Individual Single Premium	Individual Non-Single Premium	Group Single Premium	Group Non-Single Premium	Group Yearly Renewable Premium
2020-2021	Aditya Birla Sun Life	76.18	1005.67	53.94	1523.16	54.44
2020-2021	Aegon Life	0.44	28.72	0	5.23	9.7
2020-2021	Aviva Life	9.58	77.31	0.97	0.99	39.02
2020-2021	Bajaj Allianz Life	29.28	1206.23	0	1798.17	99.48
2020-2021	Bharti Axa Life	70.28	279.52	0	69.69	2.13
2020-2021	Canara HSBC OBC Life	296.47	424.95	2.1	576.79	130.25
2020-2021	Edelweiss Tokio Life	3.99	202.05	1.19	6.84	2.48
2020-2021	Exide Life	49.09	291.92	10.66	0.37	28.74
2020-2021	Future Generali Life	1.67	153.09	0	27.59	32.47
2020-2021	HDFC Life	2090.81	3695.69	0	5815.31	119.65
2020-2021	ICICI Prudential Life	1228.53	2617.42	0	1048.43	1535.11
2020-2021	IDBI Federal Life	153.56	124.19	0.01	41.09	0
2020-2021	India First Life	15	429.68	0.34	685.61	0
2020-2021	Kotak Mahindra Life	525.96	747.24	0.35	447.61	553.46
2020-2021	Max Life	869.97	2344.36	0	195.44	65.77
2020-2021	PNB Met Life	56.05	702.37	0.41	157.52	33.1
2020-2021	Pramerica Life	1.43	74.24	0	37.15	20.5
2020-2021	Reliance Nippon Life	28.32	478.29	63.5	0	7.47
2020-2021	Sahara Life	0	0	0	0	0
2020-2021	SBI Life	1416.59	4820.77	10.82	5633.08	234.72
2020-2021	Shriram Life	30.76	255.36	0	67.94	65.38
2020-2021	Star Union Dai ichi Life	104.69	325.61	0.87	68.85	71.36
2020-2021	Tata AIA Life	418.7	1699.97	42.43	11.96	30.64
2020-2021	LIC of India	21121.29	14720.65	4689.26	74718.29	409.25

Last updated on 05-01-2021

The data clears shows the amount of premiums collected by every life insurer in a particular year. Premium is the amount that is paid to the insurer to assume the risk and compensating the insured in case of any contingency. Gross premium is an important business figure to understand the growth of the business. Constant growth in insurance premium indicates growth in business. As premium is the major source of income for an insurer it is important that the inflow is maintained. Claims are remitted from the insurance premium itself.