Title: 31.08.2024 तक जीवन बीमाकर्ताओं का प्रथम वर्ष का प्रीमियम / First year premium of Life Insurers as at 31.08.2024
Reference No.: 31.08.2024 तक जीवन बीमाकर्ताओं का प्रथम वर्ष का प्रीमियम / First year premium of Life Insurers as at 31.08.2024
Date: 11/09/2024
31.08.2024 तक जीवन बीमाकर्ताओं का प्रथम वर्ष का प्रीमियम / First year premium of Life Insurers as at 31.08.2024
New Business Statement of Life Insurers for the Period ended 31st August 2024 (Premium & Sum Assured in Rs.Crore)
Sl No. Insurer First Year Premium   No. of Policies / Schemes No. of lives covered under Group Schemes Sum Assured
For August,2023 For August,2024 Growth in % Up to August, 2023 Up to 31st August, 2024 Growth in % Market Share For August, 2023 For August, 2024 Growth in % Up to August, 2023 Up to 31st August, 2024 Growth in % Market Share For August,2023 For August,2024 Growth in % Up to August, 2023 Up to 31st August, 2024 Growth in % Market Share For August,2023 For August,2024 Growth in % Up to August, 2023 Up to 31st August, 2024 Growth in % Market Share
1 Acko Life Insurance 0.12 3.72 3084.74 0.12 26.76 22786.73 0.02 1 171 17000.00 1.00 637.00 63600.00 0.01 1724 44934 2506.38 1724 297140 17135.50 0.25 6.73 506.93 7436.90 6.73 2844.90 42197.00 0.07
  Individual Single Premium 0.00 0.00   0.00 0.00   0.00 0 0   0 0   0.00               0.00 0.00   0.00 0.00   0.00
  Individual Non-Single Premium 0.00 0.30   0.00 1.24   0.00 0 170   0 630   0.01               0.00 255.20   0.00 1031.81   0.09
  Group Single Premium 0.12 3.42 2826.19 0.12 25.52 21725.25 0.03 1 1 0.00 1 7 600.00 0.55 1724 44934 2506.38 1724 297140 17135.50 0.41 6.73 251.73 3642.67 6.73 1813.09 26856.38 0.19
  Group Non-Single Premium 0.00 0.00   0.00 0.00   0.00 0 0   0     0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00
  Group Yearly Renewable Premium 0.00 0.00   0.00 0.00   0.00 0 0   0 0   0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00
                                                           
2 Aditya Birla Sun Life 597.43 650.05 8.81 2724.81 3687.77 35.34 2.39 21645 25123 16.07 96658.00 120575.00 24.74 1.19 398353 372104 -6.59 1962527 2148810 9.49 1.81 19319.45 48762.15 152.40 121701.93 202877.55 66.70 4.88
  Individual Single Premium 31.15 58.91 89.11 139.22 281.42 102.14 1.51 505 589 16.63 2465 3029 22.88 0.59               45.77 65.22 42.50 229.04 317.88 38.79 2.17
  Individual Non-Single Premium 224.87 291.20 29.50 945.86 1174.22 24.14 3.03 21106 24493 16.05 94035 117361 24.81 1.22               3453.31 8377.32 142.59 15553.65 28376.88 82.45 2.43
  Group Single Premium 324.39 282.68 -12.86 1534.42 2136.28 39.22 2.35 2 14 600.00 23 75 226.09 5.94 360135 271056 -24.73 1682001 1656641 -1.51 2.30 4333.28 4481.53 3.42 19125.23 21799.59 13.98 2.23
  Group Non-Single Premium 8.49 0.69 -91.86 10.14 4.55 -55.16 0.30 0 0   0 0   0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00
  Group Yearly Renewable Premium 8.52 16.56 94.52 95.17 91.31 -4.06 2.06 32 27 -15.63 135 110 -18.52 0.78 38218 101048 164.40 280526 492169 75.45 1.12 11487.09 35838.09 211.99 86794.02 152383.20 75.57 7.83
                                                           
3 Ageas Federal Life 113.98 129.30 13.45 363.01 533.36 46.93 0.35 5346 5693 6.49 19566.00 24438.00 24.90 0.24 90684 210099 131.68 264137 903073 241.90 0.76 1835.94 2502.05 36.28 7259.18 10590.98 45.90 0.25
  Individual Single Premium 32.93 25.53 -22.48 71.31 122.78 72.17 0.66 496 518 4.44 1394 2434 74.61 0.47               48.11 56.07 16.53 103.71 231.82 123.54 1.58
  Individual Non-Single Premium 58.93 74.82 26.96 195.67 282.04 44.14 0.73 4844 5170 6.73 18162 21985 21.05 0.23               592.89 812.28 37.00 1954.55 3171.54 62.26 0.27
  Group Single Premium 22.11 28.94 30.88 96.02 128.45 33.77 0.14 6 4 -33.33 10 13 30.00 1.03 90684 209271 130.77 264137 901962 241.48 1.25 1194.94 1619.10 35.50 5200.92 7086.76 36.26 0.72
  Group Non-Single Premium 0.00 0.00   0.00 0.00   0.00 0 0   0 0   0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00
  Group Yearly Renewable Premium 0.00 0.01   0.00 0.09   0.00 0 1   0 6   0.04 0 828   0 1111   0.00 0.00 14.61   0.00 100.86   0.01
                                                           
4 Aviva Life 24.94 24.09 -3.41 143.85 124.80 -13.24 0.08 2336 1234 -47.17 11123.00 5598.00 -49.67 0.06 55059 61406 11.53 447232 360538 -19.38 0.30 5561.60 8533.56 53.44 22950.76 35130.75 53.07 0.85
  Individual Single Premium 1.59 1.52 -4.03 8.69 9.32 7.28 0.05 25 23 -8.00 158 158 0.00 0.03               1.16 0.07 -93.91 15.86 3.28 -79.33 0.02
  Individual Non-Single Premium 13.48 10.93 -18.93 77.77 53.04 -31.80 0.14 2285 1167 -48.93 10866 5282 -51.39 0.05               210.33 175.81 -16.41 1054.23 707.71 -32.87 0.06
  Group Single Premium 1.31 0.91 -31.06 14.20 4.34 -69.40 0.00 0 0   6 0 -100.00 0.00 8216 4008 -51.22 220611 17797 -91.93 0.02 100.81 89.95 -10.77 1389.47 380.90 -72.59 0.04
  Group Non-Single Premium 0.07 0.14 103.84 0.52 0.42 -19.94 0.03 0 0   0 0   0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00
  Group Yearly Renewable Premium 8.50 10.60 24.75 42.67 57.68 35.16 1.30 26 44 69.23 93 158 69.89 1.12 46843 57398 22.53 226621 342741 51.24 0.78 5249.29 8267.73 57.50 20491.20 34038.86 66.11 1.75
                                                           
5 Bajaj Allianz Life 926.41 952.52 2.82 3828.06 4688.37 22.47 3.04 58304 63963 9.71 259628.00 305461.00 17.65 3.01 1444666 1118118 -22.60 7693535 7164274 -6.88 6.05 34327.87 40038.12 16.63 275143.32 253587.82 -7.83 6.10
  Individual Single Premium 57.62 74.14 28.66 262.14 310.54 18.46 1.66 608 824 35.53 2934 3519 19.94 0.68               12.34 16.69 35.22 69.87 83.00 18.79 0.57
  Individual Non-Single Premium 479.33 585.87 22.23 1912.79 2486.41 29.99 6.41 57662 63114 9.46 256384 301721 17.68 3.14               13601.58 26801.26 97.05 59409.38 108037.91 81.85 9.24
  Group Single Premium 366.85 237.81 -35.18 1296.32 1527.57 17.84 1.68 20 11 -45.00 53 52 -1.89 4.12 1206780 1019172 -15.55 5929522 6349467 7.08 8.83 9482.25 9714.18 2.45 43182.55 54746.02 26.78 5.60
  Group Non-Single Premium 0.00 0.00   0.00 0.00   0.00 0 0   0 0   0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00
  Group Yearly Renewable Premium 22.61 54.70 141.99 356.82 363.85 1.97 8.22 14 14 0.00 257 169 -34.24 1.20 237886 98946 -58.41 1764013 814807 -53.81 1.86 11231.70 3505.99 -68.78 172481.53 90720.89 -47.40 4.66
                                                           
6 Bandhan Life 6.81 6.99 2.63 27.35 50.23 83.66 0.03 2109 2082 -1.28 7144.00 6968.00 -2.46 0.07 56231 7758 -86.20 199771 75158 -62.38 0.06 1420.26 1017.12 -28.39 5023.48 5246.11 4.43 0.13
  Individual Single Premium 0.00 0.02 -22.48 0.01 0.15 72.17 0.66 9 7 4.44 200 20 74.61 0.47               0.00 0.75 16.53 0.40 1.45 123.54 1.58
  Individual Non-Single Premium 0.73 2.43 26.96 2.29 8.74 44.14 0.73 2096 2072 6.73 6917 6939 21.05 0.23               873.46 731.08 37.00 3101.42 2673.78 62.26 0.27
  Group Single Premium 5.93 4.37 30.88 24.55 40.16 33.77 0.14 3 1 -33.33 18 4 30.00 1.03 51463 4912 130.77 184760 40061 241.48 1.25 400.61 166.20 35.50 1492.80 1523.54 36.26 0.72
  Group Non-Single Premium 0.00 0.00   0.00 0.00   0.00 0 0   0 0   0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00
  Group Yearly Renewable Premium 0.15 0.17   0.49 1.19   0.00 1 2   9 5   0.04 4768 2846   15011 35097   0.00 146.20 119.09   428.86 1047.34   0.01
                                                           
7 Bharti Axa Life 62.88 54.25 -13.72 288.62 231.48 -19.80 0.15 7281 5947 -18.32 33839.00 27329.00 -19.24 0.27 38224 43834 14.68 214537 175995 -17.97 0.15 1251.44 943.86 -24.58 7165.30 3732.34 -47.91 0.09
  Individual Single Premium 1.28 1.09 -15.09 6.76 6.03 -10.90 0.03 72 54 -25.00 292 236 -19.18 0.05               4.99 2.68 -46.30 28.53 17.45 -38.84 0.12
  Individual Non-Single Premium 47.03 43.83 -6.81 204.24 198.37 -2.87 0.51 7209 5893 -18.25 33547 27093 -19.24 0.28               630.17 511.00 -18.91 3677.47 2292.59 -37.66 0.20
  Group Single Premium 14.57 9.34 -35.91 77.02 27.08 -64.85 0.03 0 0   0 0   0.00 38225 43834 14.67 183441 175995 -4.06 0.24 616.29 430.18 -30.20 3124.76 1422.30 -54.48 0.15
  Group Non-Single Premium 0.00 0.00   0.00 0.00   0.00 0 0   0 0   0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00
  Group Yearly Renewable Premium 0.00 0.00 -100.00 0.60 0.00 -100.00 0.00 0 0   0 0   0.00 -1 0 -100.00 31096 0 -100.00 0.00 -0.01 0.00 -100.00 334.55 0.00 -100.00 0.00
                                                           
8 Canara HSBC Life 292.67 184.41 -36.99 1139.49 1090.70 -4.28 0.71 15197 12776 -15.93 55827.00 74532.00 33.51 0.73 653885 27743 -95.76 7351395 5990676 -18.51 5.06 18804.64 3516.58 -81.30 161675.93 141909.36 -12.23 3.41
  Individual Single Premium 6.76 4.34 -35.84 56.01 20.22 -63.90 0.11 57 45 -21.05 320 243 -24.06 0.05               9.02 4.53 -49.72 63.59 24.29 -61.80 0.17
  Individual Non-Single Premium 105.40 146.03 38.54 424.88 650.02 52.99 1.68 15140 12731 -15.91 55490 74283 33.87 0.77               1742.71 1585.10 -9.04 6029.50 8488.98 40.79 0.73
  Group Single Premium 151.13 33.13 -78.08 352.75 138.37 -60.77 0.15 0 0   7 0 -100.00 0.00 4961 5160 4.01 20995 21250 1.21 0.03 1115.42 1318.63 18.22 4532.84 5325.91 17.50 0.54
  Group Non-Single Premium 0.04 0.04 12.85 0.21 0.22 5.72 0.01 0 0   2 0 -100.00 0.00 17 18 5.88 155 72 -53.55 0.00 11.22 17.93 59.78 68.24 70.28 3.00 0.15
  Group Yearly Renewable Premium 29.34 0.88 -97.00 305.63 281.87 -7.78 6.37 0 0   8 6 -25.00 0.04 648907 22565 -96.52 7330245 5969354 -18.57 13.60 15926.27 590.39 -96.29 150981.77 127999.89 -15.22 6.57
                                                           
9 CreditAccess Life 7.17 10.72 49.62 12.66 42.82 238.15 0.03 4.00 71.00 1675.00 23.00 210.00 813.04 0.00 95227 119411 25.40 170950.00 542446.00 217.31 0.46 458.19 671.60 46.58 813.79 2898.28 256.15 0.07
  Individual Single Premium 0.00 0.00   0.00 0.00   0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00 0.00 0.00   0.00 0.00   0.00
  Individual Non-Single Premium 0.00 0.00   0.00 0.00   0.00 0 0   0 0   0.00 0.00 0.00   0.00 0.00   0.00 0.00 0.00   0.00 0.00   0.00
  Group Single Premium 7.17 10.62 48.22 12.66 42.62 236.56 0.05 4 70 1650.00 23 195 747.83 15.44 95227 119030 25.00 170950 540196 216.00 0.75 458.19 670.50 46.34 813.79 2882.50 254.21 0.29
  Group Non-Single Premium 0.00 0.00   0.00 0.00   0.00 0 0   0 0   0.00 0 0   0