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IRDAI has uploaded the industry statistics on the First year Premium for Life Insurers for the Period ending April 30, 2025.
Summary of the details are as under:
New Business Statement of Life Insurers for the Period ended 30th April 2025
(Premium & Sum Assured in Rs. Crore)
| 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 |
|---|---|---|---|---|---|---|---|---|
| LIC of India | 9.91% | 61.97% | -15.26% | 63.31% | -30.65% | 10.72% | -34.50% | 8.94% |
| Public Sector Total | 12383.63 Crores | 725571 Crores | 1535262 Crores | 75365.46 Crores | ||||
| Acko Life Insurance | -33.07% | 0.02% | 71.29% | 0.02% | -64.31% | 0.20% | -27.26% | 0.06% |
| Aditya Birla Sun Life | -26.93% | 1.33% | 0.59% | 1.24% | 65.29% | 3.35% | -4.74% | 2.56% |
| Ageas Federal Life | -32.61% | 0.21% | -20.23% | 0.19% | -47.53% | 0.59% | -18.39% | 0.17% |
| Aviva Life | 19.02% | 0.12% | -8.30% | 0.07% | -9.64% | 0.66% | 100.46% | 2.24% |
| Bajaj Allianz Life | 4.39% | 3.28% | -11.69% | 2.92% | -25.06% | 7.11% | 2.62% | 5.44% |
| Bandhan Life | -3.91% | 0.06% | 131.53% | 0.18% | -72.73% | 0.04% | -35.11% | 0.08% |
| Bharti Axa Life | 50.49% | 0.19% | -12.22% | 0.26% | 165.99% | 0.25% | 4433.59% | 2.00% |
| Canara HSBC Life | 11.85% | 0.58% | -8.74% | 1.48% | 57.95% | 1.29% | 20.29% | 0.79% |
| Credit Access Life | 91.27% | 0.05% | 412.50% | 0.00% | 40.70% | 0.72% | 239.39% | 0.15% |
| Edelweiss Life | -24.59% | 0.06% | -29.06% | 0.11% | -87.51% | 0.00% | -42.63% | 0.02% |
| Future Generali Life | 302.95% | 0.37% | 28.63% | 0.12% | -13.65% | 0.03% | -40.97% | 0.21% |
| Go Digit Life | 54.11% | 0.49% | 778.63% | 0.09% | 45.22% | 3.17% | 164.34% | 16.30% |
| HDFC Life | 23.37% | 8.85% | -11.32% | 5.44% | -3.55% | 29.26% | 58.03% | 16.64% |
| ICICI Prudential Life | 9.80% | 4.70% | 8.42% | 3.12% | -41.99% | 11.03% | 75.89% | 20.48% |
| India FirstLife | -28.25% | 0.49% | 3.92% | 0.61% | -57.40% | 3.25% | -77.95% | 1.20% |
| Kotak Mahindra Life | -6.64% | 1.68% | -44.88% | 0.61% | -34.50% | 6.66% | -11.60% | 1.84% |
| Axis Max Life | 17.11% | 2.70% | 8.52% | 3.27% | 17.69% | 3.69% | 19.70% | 6.01% |
| PNB Met Life | -32.64% | 1.00% | -27.62% | 0.96% | 3.58% | 0.76% | -648.17% | -4.33% |
| Pramerica Life | 40.71% | 0.54% | 13.53% | 0.22% | 38.07% | 3.11% | 36.36% | 1.62% |
| Reliance Nippon Life | -6.31% | 0.39% | 0.94% | 0.93% | 113.67% | 0.03% | 34.46% | 0.18% |
| SBI Life | 0.31% | 7.71% | -13.44% | 8.70% | -22.73% | 8.29% | 98.37% | 9.53% |
| Shriram Life | 10.09% | 0.45% | -46.49% | 1.55% | 28.46% | 3.42% | 42.31% | 1.64% |
| Star Union Dai-ichi Life | 26.62% | 0.53% | -16.15% | 0.54% | -22.18% | 0.67% | 3.75% | 0.77% |
| Tata AIA Life | 2.21% | 2.23% | 10.33% | 4.08% | 127.33% | 1.69% | -18.68% | 5.45% |
| Private Sector Total | 6.07% | 38.03% | -9.51% | 36.69% | -15.79% | 89.28% | 35.75% | 91.06% |
| Private Sector Total | 7875.22 Crores | 420421 Crores | 12787797 Crores | 768055.11 Crores | ||||
| Grand Total | 8.42% | 100.00% | -13.24% | 100.00% | -17.68% | 100.00% | 23.88% | 100.00% |
| Grand Total Amount | 17399648 Crores | 14323059 Crores | 14323059 Crores | 843421 Crores |
Source category: Unmetadated — Note: original site listing metadata was unavailable for this record; date was inferred from notice text or system record.
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