Life insurance premiums written in India FY 2017-FY 2018

This statistic represents the value of total premiums written for life insurance across India for financial years 2017 and 2018, broken down by sector. Written premiums are the amount of premium charged for policies that are already in effect. In financial year 2018, Life Insurance Corporation (LIC) of India had written premiums that amounted to about 3,182 billion Indian rupees.

Value of total premiums written for life insurance in India in FY 2017 and FY 2018, based on sector

Private sectorLife Insurance Corporation (LIC)
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Source

Release date

November 2018

Region

India

Survey time period

FY 2017 and FY 2018

Special properties

In India, the government's financial year runs from April 1st to March 31st. FY 2017 started on April 1, 2016 and eneded on March 31, 2017.

Supplementary notes

One Indian rupee is equal to 0.015 U.S. dollars and 0.013 euros (as of March 2019).
Total premiums include regular premium, single premium and renewal premium.

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