IRDAI has uploaded the industry statistics on the First year Premium for Life Insurers for the period ending August 31, 2025.
Summary of the details are as under:
New Business Statement of Life Insurers for the Period ended 31st August 2025
(Premium & Sum Assured in Rs. Crore)
| Sl No. | Insurer | First Year Premium Growth in % | First Year Premium Market Share | No. of Policies / Schemes Growth in % | No. of Policies / Schemes Market Share | No. of lives covered under Group Schemes Growth in % | No. of lives covered under Group Schemes Market Share | Sum Assured Growth in % | Sum Assured Market Share |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Life Insurance Corporation of India | -17.02 | 59.98 | -13.55 | 63.89 | 3.16 | 22.13 | 26.01 | 16.88 |
| Public Sector Total 98051.1 Crores 5909641 Policies 24310770 Lives 874468.58 Crores | |||||||||
| 1 | Acko Life Insurance Limited | 128.53 | 0.02 | 14.29 | 0.01 | -30.42 | 0.19 | 8.30 | 0.06 |
| 2 | Aditya Birla Sun Life Insurance Company Limited | -15.11 | 1.75 | 1.66 | 1.33 | -17.87 | 1.61 | -30.22 | 2.73 |
| 3 | Ageas Federal Life Insurance Company Limited | -6.83 | 0.32 | 3.60 | 0.27 | -39.35 | 0.50 | 22.52 | 0.25 |
| 4 | Aviva Life Insurance Company India Limited | 28.79 | 0.08 | 21.63 | 0.07 | 39.97 | 0.46 | 108.12 | 1.41 |
| 5 | Bajaj Allianz Life Insurance Company Limited | 55.89 | 3.03 | -16.38 | 2.76 | -24.23 | 4.94 | -5.84 | 4.61 |
| 6 | Bandhan Life Insurance Limited | 331.04 | 0.08 | 108.78 | 0.16 | -52.48 | 0.03 | -20.68 | 0.08 |
| 7 | Bharti Axa Life Insurance Company Limited | 15.29 | 0.17 | -21.72 | 0.23 | -5.22 | 0.15 | 745.84 | 0.61 |
| 8 | Canara HSBC Life Insurance Company Limited | 43.20 | 0.81 | -9.76 | 0.73 | 61.65 | 8.82 | 54.36 | 4.23 |
| 9 | CreditAccess Life Insurance Limited | 111.31 | 0.21 | -34.29 | 0.00 | 327.16 | 2.11 | 1127.38 | 0.69 |
| 10 | Edelweiss Life Iinsurance Company Limited | 14.00 | 0.10 | 11.93 | 0.19 | -94.42 | 0.00 | -14.67 | 0.04 |
| 11 | Generali Central Life Insurance Company Limited | 187.09 | 0.20 | 81.65 | 0.22 | 67.62 | 0.06 | 24.78 | 0.34 |
| 12 | Go Digit Life Insurance Limited | 45.01 | 0.34 | 1687.80 | 0.10 | -9.96 | 2.20 | 28.83 | 7.72 |
| 13 | HDFC Life Insurance Company Limited | 9.54 | 8.32 | -3.62 | 4.93 | -14.99 | 16.88 | 17.47 | 12.85 |
| 14 | ICICI Prudential Life Insurance Company Limited | 17.70 | 4.71 | -2.01 | 2.59 | -58.82 | 6.70 | 20.77 | 10.95 |
| 15 | IndiaFirst Life Insurance Company Limited | 21.86 | 0.83 | 13.02 | 0.72 | 16.38 | 10.48 | 5.93 | 4.75 |
| 16 | Kotak Mahindra Life Insurance Company Limited | 12.81 | 1.64 | 13.33 | 1.07 | -28.21 | 5.40 | 11.18 | 2.40 |
| 17 | Axis Max Life Insurance Limited | 19.63 | 2.89 | 15.41 | 3.42 | 9.58 | 2.25 | 34.95 | 5.81 |
| 18 | PNB MetLife India Insurance Company Limited | 22.13 | 1.10 | -18.53 | 1.11 | 25.78 | 0.55 | -58.45 | 0.44 |
| 19 | Pramerica Life Insurance Limited | 10.49 | 0.34 | 30.51 | 0.24 | -11.96 | 1.49 | 9.53 | 1.05 |
| 20 | Reliance Nippon Life Insurance Company Limited | 2.85 | 0.26 | -22.70 | 0.56 | 33.27 | 0.05 | 12.43 | 0.15 |
| 21 | SBI Life Insurance Company Limited | 22.83 | 8.80 | -2.60 | 8.33 | 13.36 | 8.19 | 120.20 | 11.57 |
| 22 | Shriram Life Insurance Company Limited | 17.47 | 0.46 | -29.91 | 1.75 | -13.22 | 1.76 | -15.33 | 1.19 |
| 23 | Star Union Dai-ichi Life Insurance Company Limited | -71.03 | 1.19 | -10.27 | 0.60 | 116.60 | 2.06 | 97.39 | 1.31 |
| 24 | Tata AIA Life Insurance Company Limited | 13.80 | 2.35 | 50.84 | 4.73 | 34.27 | 0.99 | 6.83 | 7.89 |
| Private Total 12.01 40.02 0.77 36.11 -9.88 77.87 24.37 83.12 65410.42 Crores | |||||||||
| Grand Total 163461.52 Crores 9250126 Policies 109856912 Lives 5180793 Crores | |||||||||
Source category: IRDAI
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