India Insurance Statistics
Life Insurance: Business Figures: First Year Premium
Life Insurance: Business Figures: First Year Premium data was reported at 339,131.847 INR mn in Feb 2024. This records an increase from the previous number of 335,597.550 INR mn for Jan 2024. Life Insurance: Business Figures: First Year Premium data is updated monthly, averaging 96,127.400 INR mn from Jun 2003 to Feb 2024, with 237 observations. The data reached an all-time high of 596,089.819 INR mn in Mar 2022 and a record low of 8,782.355 INR mn in Apr 2004. Life Insurance: Business Figures: First Year Premium data remains active status in CEIC and is reported by Insurance Regulatory and Development Authority of India. The data is categorized under Global Database’s India – Table IN.ZF003: Insurance Statistics. [COVID-19-IMPACT]
| Last | Frequency | Range |
|---|---|---|
| 339,131.847 Feb 2024 | monthly | Jun 2003 - Feb 2024 |
View India's Life Insurance: Business Figures: First Year Premium from Jun 2003 to Feb 2024 in the chart:
Life Insurance: Business Figures: Number of Lives Covered
Life Insurance: Business Figures: Number of Lives Covered data was reported at 21,020,401.000 Unit in Feb 2024. This records an increase from the previous number of 20,422,662.000 Unit for Jan 2024. Life Insurance: Business Figures: Number of Lives Covered data is updated monthly, averaging 8,977,193.500 Unit from Sep 2003 to Feb 2024, with 234 observations. The data reached an all-time high of 41,447,670.000 Unit in Mar 2023 and a record low of 303,143.000 Unit in Nov 2003. Life Insurance: Business Figures: Number of Lives Covered data remains active status in CEIC and is reported by Insurance Regulatory and Development Authority of India. The data is categorized under Global Database’s India – Table IN.ZF003: Insurance Statistics. [COVID-19-IMPACT]
| Last | Frequency | Range |
|---|---|---|
| 21,020,401.000 Feb 2024 | monthly | Sep 2003 - Feb 2024 |
View India's Life Insurance: Business Figures: Number of Lives Covered from Sep 2003 to Feb 2024 in the chart:
Life Insurance: Business Figures: Number of Policies
Life Insurance: Business Figures: Number of Policies data was reported at 2,495,824.000 Unit in Feb 2024. This records a decrease from the previous number of 2,793,395.000 Unit for Jan 2024. Life Insurance: Business Figures: Number of Policies data is updated monthly, averaging 2,452,373.000 Unit from Jun 2003 to Feb 2024, with 237 observations. The data reached an all-time high of 15,088,289.000 Unit in Mar 2007 and a record low of 416,200.000 Unit in Apr 2020. Life Insurance: Business Figures: Number of Policies data remains active status in CEIC and is reported by Insurance Regulatory and Development Authority of India. The data is categorized under Global Database’s India – Table IN.ZF003: Insurance Statistics. [COVID-19-IMPACT]
| Last | Frequency | Range |
|---|---|---|
| 2,495,824.000 Feb 2024 | monthly | Jun 2003 - Feb 2024 |
View India's Life Insurance: Business Figures: Number of Policies from Jun 2003 to Feb 2024 in the chart:
Life Insurance: Business Figures: Public Sector: LIC: First Year Premium
Life Insurance: Business Figures: Public Sector: LIC: First Year Premium data was reported at 198,960.094 INR mn in Feb 2024. This records an increase from the previous number of 189,207.713 INR mn for Jan 2024. Life Insurance: Business Figures: Public Sector: LIC: First Year Premium data is updated monthly, averaging 63,430.031 INR mn from Jun 2003 to Feb 2024, with 237 observations. The data reached an all-time high of 423,192.210 INR mn in Mar 2022 and a record low of 7,230.462 INR mn in Apr 2004. Life Insurance: Business Figures: Public Sector: LIC: First Year Premium data remains active status in CEIC and is reported by Insurance Regulatory and Development Authority of India. The data is categorized under Global Database’s India – Table IN.ZF003: Insurance Statistics. [COVID-19-IMPACT]
| Last | Frequency | Range |
|---|---|---|
| 198,960.094 Feb 2024 | monthly | Jun 2003 - Feb 2024 |
View India's Life Insurance: Business Figures: Public Sector: LIC: First Year Premium from Jun 2003 to Feb 2024 in the chart:
Life Insurance: Business Figures: Public Sector: LIC: Number of Lives Covered
Life Insurance: Business Figures: Public Sector: LIC: Number of Lives Covered data was reported at 2,426,493.000 Unit in Feb 2024. This records a decrease from the previous number of 2,668,713.000 Unit for Jan 2024. Life Insurance: Business Figures: Public Sector: LIC: Number of Lives Covered data is updated monthly, averaging 2,196,579.000 Unit from Sep 2003 to Feb 2024, with 234 observations. The data reached an all-time high of 17,941,538.000 Unit in Sep 2015 and a record low of 150,697.000 Unit in Apr 2005. Life Insurance: Business Figures: Public Sector: LIC: Number of Lives Covered data remains active status in CEIC and is reported by Insurance Regulatory and Development Authority of India. The data is categorized under Global Database’s India – Table IN.ZF003: Insurance Statistics. [COVID-19-IMPACT]
| Last | Frequency | Range |
|---|---|---|
| 2,426,493.000 Feb 2024 | monthly | Sep 2003 - Feb 2024 |
View India's Life Insurance: Business Figures: Public Sector: LIC: Number of Lives Covered from Sep 2003 to Feb 2024 in the chart:
Life Insurance: Business Figures: Public Sector: LIC: Number of Policies
Life Insurance: Business Figures: Public Sector: LIC: Number of Policies data was reported at 1,718,560.000 Unit in Feb 2024. This records a decrease from the previous number of 2,029,231.000 Unit for Jan 2024. Life Insurance: Business Figures: Public Sector: LIC: Number of Policies data is updated monthly, averaging 1,870,538.000 Unit from Jun 2003 to Feb 2024, with 237 observations. The data reached an all-time high of 13,067,283.000 Unit in Mar 2007 and a record low of 184,646.000 Unit in Apr 2020. Life Insurance: Business Figures: Public Sector: LIC: Number of Policies data remains active status in CEIC and is reported by Insurance Regulatory and Development Authority of India. The data is categorized under Global Database’s India – Table IN.ZF003: Insurance Statistics. [COVID-19-IMPACT]
| Last | Frequency | Range |
|---|---|---|
| 1,718,560.000 Feb 2024 | monthly | Jun 2003 - Feb 2024 |