Individual Single Premium
In (cr.)
Individual Non-Single Premium
In (cr.)
Group Single Premium
In (cr.)
Group Non-Single Premium
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.