IRDAI has uploaded the industry statistics on the First year Premium for Life Insurers for the period ending December 31, 2025.Summary of the details are as under:
A copy of the statistics is attached herewith for your ready reference.
New Business Statement of Life Insurers for the Period ended 31st December 2025
(Premium & Sum Assured in Rs. Crore)| Sl. No. | Insurer | First Year Premium | No. of Policies / Schemes | No. of Lives Covered under Group Schemes | Sum Assured | ||||
|---|---|---|---|---|---|---|---|---|---|
| Growth in % | Market Share | Growth in % | Market Share | Growth in % | Market Share | Growth in % | Market Share | ||
| 1 | Life Insurance Corporation of India | 57.45 | 57.07 | -0.50 | 63.13 | 29.06 | 23.12 | 16.97 | 17.69 |
| Public Sector Total | 177445.79 Crores | 11676017 Policies | 44823966 Lives | 1621747.96 Crores | |||||
| 1 | Acko Life Insurance Limited | 304.21 | 0.04 | 5.07 | 0.01 | 75.16 | 0.45 | 114.05 | 0.12 |
| 2 | Aditya Birla Sun Life Insurance Company Limited | 43.56 | 2.49 | 1.62 | 1.35 | 14.49 | 2.07 | -14.21 | 3.10 |
| 3 | Ageas Federal Life Insurance Company Limited | 75.93 | 0.35 | 7.81 | 0.26 | -22.97 | 0.63 | 183.61 | 0.59 |
| 4 | Aviva Life Insurance Company India Limited | 79.91 | 0.08 | 20.93 | 0.07 | 76.96 | 0.46 | 126.84 | 1.18 |
| 5 | Bajaj Allianz Life Insurance Company Limited | 21.44 | 3.16 | -7.68 | 2.78 | -11.84 | 5.47 | -6.48 | 5.01 |
| 6 | Bandhan Life Insurance Limited | 90.16 | 0.09 | 46.62 | 0.16 | -1.07 | 0.07 | -4.16 | 0.12 |
| 7 | Bharti Axa Life Insurance Company Limited | 78.47 | 0.22 | -19.64 | 0.23 | 33.05 | 0.17 | 532.70 | 0.58 |
| 8 | Canara HSBC Life Insurance Company Limited | 42.06 | 0.94 | 7.09 | 0.82 | 64.90 | 5.67 | 65.99 | 3.10 |
| 9 | CreditAccess Life Insurance Limited | 64.72 | 0.15 | -42.27 | 0.00 | 225.84 | 1.72 | 349.55 | 0.54 |
| 10 | Edelweiss Life Insurance Company Limited | 46.73 | 0.12 | 39.64 | 0.23 | -89.39 | 0.00 | -14.75 | 0.05 |
| 11 | Generali Central Life Insurance Company Limited | 159.85 | 0.25 | 125.45 | 0.29 | 102.27 | 0.07 | 98.67 | 0.52 |
| 12 | Go Digit Life Insurance Limited | 35.26 | 0.33 | 718.86 | 0.13 | ||||
| 13 | HDFC Life Insurance Company Limited | 14.55 | 8.03 | 2.45 | 4.86 | -7.52 | 17.02 | 24.10 | 13.39 |
| 14 | ICICI Prudential Life Insurance Company Limited | 25.08 | 4.85 | 3.30 | 2.56 | -36.94 | 10.15 | 18.05 | 11.08 |
| 15 | IndiaFirst Life Insurance Company Limited | 61.61 | 0.76 | -2.24 | 0.72 | 15.84 | 7.04 | 5.56 | 3.30 |
| 16 | Kotak Mahindra Life Insurance Company Limited | 38.31 | 1.88 | 24.54 | 1.26 | -12.76 | 5.88 | 23.17 | 2.72 |
| 17 | Axis Max Life Insurance Limited | 24.97 | 3.10 | 17.78 | 3.45 | 20.04 | 2.47 | 40.21 | 6.09 |
| 18 | PNB MetLife India Insurance Company Limited | -4.87 | 1.14 | -14.60 | 1.01 | 35.87 | 0.57 | -31.34 | 0.75 |
| 19 | Pramerica Life Insurance Limited | 40.21 | 0.32 | 25.77 | 0.23 | -16.60 | 1.32 | 15.54 | 0.93 |
| 20 | Reliance Nippon Life Insurance Company Limited | 44.77 | 0.31 | -12.87 | 0.54 | 12.83 | 0.14 | -8.59 | 0.22 |
| 21 | SBI Life Insurance Company Limited | 19.39 | 10.07 | 3.67 | 8.90 | -1.13 | 8.59 | 68.83 | 11.82 |
| 22 | Shriram Life Insurance Company Limited | 7.26 | 0.49 | -13.84 | 1.81 | -47.08 | 1.88 | -21.66 | 1.25 |
| 23 | Star Union Dai-ichi Life Insurance Company Limited | 110.50 | 1.20 | 14.18 | 0.74 | 85.46 | 1.83 | 71.53 | 1.21 |
| 24 | Tata AIA Life Insurance Company Limited | 16.46 | 2.54 | 26.37 | 4.46 | 4.11 | 1.06 | 7.79 | 8.75 |
| Private Total | 24.93 | 42.93 | 5.74 | 36.87 | -5.88 | 76.88 | 24.13 | 82.31 | |
| 133499.74 Crores | 6819041 Policies | 149012038 Lives | 7546755.51 Crores | ||||||
| Grand Total | 39.49 | 100.00 | 1.71 | 100.00 | 0.41 | 100.00 | 22.80 | 100.00 | |
| 310945.53 Crores | 18495058 Policies | 193836004 Lives | 9168503.47 Crores | ||||||
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