IRDAI has uploaded the industry statistics on the First Year Premium for Life Insurers for the period ending September 30, 2025.
Summary of the details are as under:
New Business Statement of Life Insurers for the Period ended 30th September 2025
(Premium & Sum Assured in Rs. Crore)
| Sl. No. | Insurer | First Year Premium Growth % | First Year Premium Market Share % | No. of Policies / Schemes Growth % | No. of Policies / Schemes Market Share % | No. of Lives Covered under Group Schemes Growth % | No. of Lives Covered under Group Schemes Market Share % | Sum Assured Growth % | Sum Assured Market Share % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Life Insurance Corporation of India | 12.70 | 59.41 | -20.90 | 63.44 | 30.29 | 26.11 | 22.53 | 18.11 |
| Public Sector Total 121008.19 Crores | 7267549 Policies | 35197804 Lives | 1132771.85 Crores | |||||||||
| 1 | Acko Life Insurance Limited | 398.89 | 0.03 | 12.18 | 0.01 | 6.35 | 0.27 | 41.55 | 0.08 |
| 2 | Aditya Birla Sun Life Insurance Company Limited | 38.67 | 2.10 | 3.75 | 1.36 | -12.50 | 1.64 | -20.16 | 3.04 |
| 3 | Ageas Federal Life Insurance Company Limited | -6.62 | 0.32 | 2.76 | 0.28 | -39.45 | 0.49 | 21.44 | 0.26 |
| 4 | Aviva Life Insurance Company India Limited | 28.60 | 0.08 | 20.45 | 0.07 | 40.30 | 0.41 | 100.84 | 1.28 |
| 5 | Bajaj Allianz Life Insurance Company Limited | 30.61 | 3.11 | -16.22 | 2.82 | -21.23 | 4.90 | -11.40 | 4.67 |
| 6 | Bandhan Life Insurance Limited | 317.62 | 0.08 | 92.38 | 0.16 | -29.58 | 0.05 | -3.58 | 0.10 |
| 7 | Bharti Axa Life Insurance Company Limited | 28.87 | 0.20 | -24.39 | 0.23 | 17.52 | 0.18 | 667.79 | 0.63 |
| 8 | Canara HSBC Life Insurance Company Limited | 12.75 | 0.84 | -9.39 | 0.74 | 64.15 | 7.45 | 57.77 | 3.74 |
| 9 | CreditAccess Life Insurance Limited | 343.35 | 0.19 | -38.68 | 0.00 | 315.47 | 1.95 | 1008.70 | 0.61 |
| 10 | Edelweiss Life Insurance Company Limited | -25.06 | 0.11 | 14.62 | 0.21 | -93.09 | 0.00 | -19.87 | 0.04 |
| Private Total 82660 Crores | 4188879 Policies | 99588362 Lives | 5120482 Crores | |||||||||
| Grand Total 203668.19 Crores | 11456428 Policies | 134786166 Lives | 6253253 Crores | |||||||||
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Source category: IRDAI
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