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Private life insurance companies in India remains unchanged in 2017

Number of life insurance firms hasn't changed in comparison with the previous year, according to refreshed data released by India Insurance Regulatory and Development Authority. For the 7th consecutive year, the number of life insurance firms was 23. The overall changes for the prior 13 years hit an increase of 76.92%. In comparison to its average, the number of life insurance firms is now bigger as the mean equals 20.62 and the variable displays a strong overall growth since the 2005. It reached its minimum of 13 in 2005.

Private life insurance companies in India remains unchanged in 2017
Date Number Variation
2017 23.00 =
2016 23.00 =
2015 23.00 =
2014 23.00 =
2013 23.00 =
2012 23.00 =
2011 23.00 4.55
2010 22.00 4.76
2009 21.00 5
2008 20.00 25

Related Statistics

Life Insurance Firms Number in other Countries

Main Life Insurance Indicators

  • Life Insurance Gross Written Premium

    Total premium on insurance underwritten by a life insurer or reinsurer during a specified period, before deduction of reinsurance premium. It is the sum of the direct and assumed premium written and represents an indicator of the importance of the life insurance industry in a given country. Usually measured in millions or billions of national currency. A life insurer is defined as a corporation legally authorized to act as a life insurer by offering insurance policies that pay a monetary benefit to the insured person's survivors after his/her death. Based on: US National Association of Insurance Commissioners.

  • Life Insurance Firms Number

    Number of life insurance firms at a given date in a country. A life insurance firm is defined as a corporation legally authorized to act as a life insurer by offering insurance policies that pay a monetary benefit to the insured person's survivors after his/her death. Based on: US National Association of Insurance Commissioners.

  • Life Insurance Claims

    Requests made by the insured for insurer remittance of payment due to loss incurred and covered under the life insurance policy agreement, usually expressed in millions or billions of national currency. A life insurer is defined as a corporation legally authorized to act as a life insurer by offering insurance policies that pay a monetary benefit to the insured person's survivors after his/her death. Based on: US National Association of Insurance Commissioners.

  • Life Insurance Revenue

    Revenue generated by life insurance, usually expressed in millions or billions of national currency. A life insurer is defined as a corporation legally authorized to act as a life insurer by offering insurance policies that pay a monetary benefit to the insured person's survivors after his/her death. Based on: US National Associaton of Insurance Commissioners.

  • Life Insurance Premium Written