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Life insurance companies in India: Stagnancy in 2017

India Insurance Regulatory and Development Authority reported that the indicator did not change compared to the prior year. The variable didn't change at 24, for the 7th consecutive year. The overall changes for the previous 13 years hit a rise of 71.43%. As well as the number of life insurance firms is now bigger than its average which equals 21.62 and the indicator highlights a sharp overall growth since the start of time series. It reached its minimum of 14 in 2005.

Life insurance companies in India: Stagnancy in 2017
Date Number Variation
2017 24.00 =
2016 24.00 =
2015 24.00 =
2014 24.00 =
2013 24.00 =
2012 24.00 =
2011 24.00 4.35
2010 23.00 4.55
2009 22.00 4.76
2008 21.00 23.53

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