In financial year 2021, the Life Insurance Corporation (LIC) of India had written premiums that amounted to about 4,032 billion Indian rupees. On the other hand, private sector insurers earned premiums to the value of over 2,254 billion rupees. Written premiums are the amount of premium charged for policies that are already in effect.
Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Insurance industry in France
Market overview
5
- Premium Statistic Regional breakdown of French insurers' revenue worldwide 2018-2021
- Premium Statistic Revenue of French insurers in the EU and the UK 2017-2021, by country
- Premium Statistic Share of foreign revenues of French insurers in the EU and the UK 2019-2021
- Premium Statistic Market cap of insurance companies in France 2011-2021
- Premium Statistic ESG scores of the worlds' largest insurance companies 2023, by provider
Segments
7
- Premium Statistic Life and health, and property and casualty insurance premiums in France 2013-2021
- Premium Statistic Ratio of life insurance premium to total premium in France 2007-2021
- Premium Statistic Life insurance premiums in France 2008-2021, by product type
- Premium Statistic Life, health, and protection insurance premiums in France 2015-2021
- Premium Statistic Motor insurance premiums written in France 2010-2022
- Premium Statistic Construction insurance premiums in France 2005-2021, by segment
- Premium Statistic Farm property insurance premiums in France 2014-2021, by type
Leading companies
6
- Premium Statistic Market concentration of life insurance companies in European countries 2020
- Premium Statistic Largest insurance groups in France 2019-2021, by market share
- Premium Statistic Market cap of life insurance companies in France 2011-2021
- Premium Statistic Market cap of non-life insurance companies in France 2011-2021
- Premium Statistic Share of life insurance premiums in France 2020-2021, by insurance group
- Premium Statistic Largest personal insurance companies in France 2021, by premium volume
Sales metrics and consumption
4
- Premium Statistic Annual cost of home insurance for a house in France 2023, by region
- Premium Statistic French insurance market: life premiums by distribution channel 2006-2021
- Premium Statistic French companies with cyber insurance 2021
- Premium Statistic Premiums earned by French cyber insurers 2019-2021
Investment
4
- Premium Statistic Insurance investment flows in France 2010-2020
- Premium Statistic Investments by French insurance companies 2011-2021, by type
- Premium Statistic Financial investments of life and non-life insurance companies in France 2018-2021
- Basic Statistic Investment fund shares of French insurance companies 2021-2022
Insurtech
3
Further related statistics
10
- Revenues of China Life Insurance 2013-2023
- Ping An Insurance's annual revenue 2012-2022
- Total assets of China Pacific Insurance 2012-2022
- Distribution of Allianz Group third-party assets under management 2023, by region
- Assets under management of Allianz Group 2005-2023
- Foreign exchange earnings from tourism in India 2000-2022
- Number of international tourist arrivals in India 2010-2021
- International tourism receipts of India 2011-2022
- Per capita consumer spending in India 1974-2012
- Number of patients with non-communicable diseases in India 2010
Further Content: You might find this interesting as well
Statistics
- Revenues of China Life Insurance 2013-2023
- Ping An Insurance's annual revenue 2012-2022
- Total assets of China Pacific Insurance 2012-2022
- Distribution of Allianz Group third-party assets under management 2023, by region
- Assets under management of Allianz Group 2005-2023
- Foreign exchange earnings from tourism in India 2000-2022
- Number of international tourist arrivals in India 2010-2021
- International tourism receipts of India 2011-2022
- Per capita consumer spending in India 1974-2012
- Number of patients with non-communicable diseases in India 2010
IRDA (India). (December 23, 2021). Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees) [Graph]. In Statista. Retrieved June 10, 2024, from https://internal.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/
IRDA (India). "Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees)." Chart. December 23, 2021. Statista. Accessed June 10, 2024. https://internal.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/
IRDA (India). (2021). Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees). Statista. Statista Inc.. Accessed: June 10, 2024. https://internal.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/
IRDA (India). "Value of Total Premiums Written for Life Insurance in India from Financial Year 2017 to 2021, Based on Sector (in Billion Indian Rupees)." Statista, Statista Inc., 23 Dec 2021, https://internal.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/
IRDA (India), Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees) Statista, https://internal.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/ (last visited June 10, 2024)
Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees) [Graph], IRDA (India), December 23, 2021. [Online]. Available: https://internal.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/