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Underwritten premium of private life insurance in India totaled 1 179 892.6 million Indian Rupee in 2017

Measurements from India Insurance Regulatory and Development Authority on life insurance in India has been presented. Life insurance underwritten premium rose by 17.4% in 2017.

Underwritten premium of private life insurance in India totaled 1 179 892.6 million Indian Rupee in 2017
Date Million Indian Rupee Variation
2017 1 179 892.60 17.4
2016 1 004 990.30 13.64
2015 884 343.50 14.32
2014 773 593.60 -1.33
2013 783 989.10 -6.87
2012 841 828.30 -4.52
2011 881 652.40 11.08
2010 793 699.40 23.06
2009 644 974.30 25.09
2008 515 614.20 82.5

Related Statistics

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 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 Premium Written

  • 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 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.