In the fiscal year 2023, private insurers in India had written over three trillion Indian rupees worth of life insurance premiums. Since 2009, private insurers have crossed the three trillion mark for the first time.
Value of total life insurance premiums written by Indian private insurers from financial year 2003 to 2023 (in trillion Indian rupees)
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Other statistics that may interest you Insurance industry in India
Overview
5
- Premium Statistic Life and non-life insurance penetration in selected regions globally 2020-2022
- Premium Statistic Penetration of life and non-life insurance in India FY 2002-2023
- Premium Statistic Density of life and non-life insurance in India FY 2002-2023
- Premium Statistic Assets of insurance companies in India 2002-2022
- Premium Statistic Number of registered insurers in India FY 2023, by type and sector
Life insurance
5
- Premium Statistic Market share of life insurance industry India FY 2017-2023, by type of insurer
- Premium Statistic Value of total life insurance premiums in India FY 2002-2023
- Premium Statistic Value of total premiums written by private life insurers India FY 2003-2023
- Premium Statistic New individual life insurance policies in India FY 2017-2023, by sector
- Premium Statistic Life insurance investments India FY 2017-2023, by sector
Non-life insurance
5
- Premium Statistic General insurance penetration in India FY 2014-2022
- Premium Statistic Market share of general and health insurers India FY 2023, by type of insurer
- Premium Statistic Non-life premiums written in India FY 2023, by segment
- Premium Statistic Non-life insurers gross direct premiums income in India FY 2017-2023
- Premium Statistic Non-life insurance investments in India FY 2017-2023, by sector
Public sector
6
- Premium Statistic Largest life insurance companies globally December 2023, by market capitalization
- Premium Statistic Value of gross direct premiums of public general insurers India FY 2023
- Premium Statistic LIC's brand value 2016-2023
- Premium Statistic Public non-life insurers' market share India FY 2017-2023 by company
- Premium Statistic The New India Assurance's gross non-life insurance premiums FY 2013-2022
- Premium Statistic United India Insurance's gross non-life premiums FY 2002-2023
Private players
5
- Premium Statistic Leading private insurers in India FY 2023, by gross direct premium
- Premium Statistic ICICI Lombard's gross direct insurance premium income FY 2018-2023
- Premium Statistic HDFC ERGO gross non-life insurance premiums FY 2003-2023
- Premium Statistic Bajaj Allianz's total life insurance premium value FY 2002-2023
- Premium Statistic Tata AIG's gross non-life insurance premiums FY 2002-2023
Further related statistics
16
- ICICI Prudential Life Insurance's total life insurance premium value FY 2002-2022
- Kotak Mahindra Life Insurance Company's total life insurance premium value FY 2002-21
- PNB MetLife Insurance Company's total life insurance premium value FY 2002-2021
- SBI Life Insurance Company's total life insurance premium value FY 2002-2022
- Tata AIA Life Insurance Company's total life insurance premium value FY 2002-2021
- Aditya Birla Sun Life Insurance's total life insurance premium value FY 2002-2021
- Life Insurance Corporation of India's total life insurance premium value FY 2002-2022
- Value of gross non-life insurance premiums by Indian private insurers FY 2002-2021
- Penetration rate of life insurance in Sub-Saharan Africa 2014, by country
- Value of life insurance premiums in Sub-Saharan Africa 2014, by country
- Value of insurance premiums in Sub-Saharan Africa 2014, by country
- Leading life insurance and annuities companies in Bulgaria Q4 2020
- Life premiums of Nationwide Mutual 2013-2017
- Leading unit linked life insurance companies in Bulgaria Q4 2020
- EPSRC grants with private sector collaboration in the UK 2017, by industry
- Volume of cargo carried by Indian private airlines FY 2008-2022
Further Content: You might find this interesting as well
Statistics
- ICICI Prudential Life Insurance's total life insurance premium value FY 2002-2022
- Kotak Mahindra Life Insurance Company's total life insurance premium value FY 2002-21
- PNB MetLife Insurance Company's total life insurance premium value FY 2002-2021
- SBI Life Insurance Company's total life insurance premium value FY 2002-2022
- Tata AIA Life Insurance Company's total life insurance premium value FY 2002-2021
- Aditya Birla Sun Life Insurance's total life insurance premium value FY 2002-2021
- Life Insurance Corporation of India's total life insurance premium value FY 2002-2022
- Value of gross non-life insurance premiums by Indian private insurers FY 2002-2021
- Penetration rate of life insurance in Sub-Saharan Africa 2014, by country
- Value of life insurance premiums in Sub-Saharan Africa 2014, by country
- Value of insurance premiums in Sub-Saharan Africa 2014, by country
- Leading life insurance and annuities companies in Bulgaria Q4 2020
- Life premiums of Nationwide Mutual 2013-2017
- Leading unit linked life insurance companies in Bulgaria Q4 2020
- EPSRC grants with private sector collaboration in the UK 2017, by industry
- Volume of cargo carried by Indian private airlines FY 2008-2022
IRDA (India). (December 26, 2023). Value of total life insurance premiums written by Indian private insurers from financial year 2003 to 2023 (in trillion Indian rupees) [Graph]. In Statista. Retrieved April 18, 2024, from https://www.statista.com/statistics/664145/vaue-of-total-life-permuim-private-insurers-india/
IRDA (India). "Value of total life insurance premiums written by Indian private insurers from financial year 2003 to 2023 (in trillion Indian rupees)." Chart. December 26, 2023. Statista. Accessed April 18, 2024. https://www.statista.com/statistics/664145/vaue-of-total-life-permuim-private-insurers-india/
IRDA (India). (2023). Value of total life insurance premiums written by Indian private insurers from financial year 2003 to 2023 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: April 18, 2024. https://www.statista.com/statistics/664145/vaue-of-total-life-permuim-private-insurers-india/
IRDA (India). "Value of Total Life Insurance Premiums Written by Indian Private Insurers from Financial Year 2003 to 2023 (in Trillion Indian Rupees)." Statista, Statista Inc., 26 Dec 2023, https://www.statista.com/statistics/664145/vaue-of-total-life-permuim-private-insurers-india/
IRDA (India), Value of total life insurance premiums written by Indian private insurers from financial year 2003 to 2023 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/664145/vaue-of-total-life-permuim-private-insurers-india/ (last visited April 18, 2024)
Value of total life insurance premiums written by Indian private insurers from financial year 2003 to 2023 (in trillion Indian rupees) [Graph], IRDA (India), December 26, 2023. [Online]. Available: https://www.statista.com/statistics/664145/vaue-of-total-life-permuim-private-insurers-india/