In financial year 2022, Indian life insurance companies made 40.1 billion U.S. dollars with new business premiums and 49.2 billion U.S. dollars with renewal premiums. The life insurance market is characterized by a steady growth in new business premiums as well as in renewal premiums, however a larger proportion of revenue is gained through ongoing renewals.
Life insurances premiums written by Indian insurers 2016 to 2022, by premium type
(in billion U.S. dollars)
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India Brand Equity Foundation. (November 6, 2023). Life insurances premiums written by Indian insurers 2016 to 2022, by premium type (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1196585/india-new-and-renewed-life-insurance-premiums/
India Brand Equity Foundation. "Life insurances premiums written by Indian insurers 2016 to 2022, by premium type (in billion U.S. dollars)." Chart. November 6, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1196585/india-new-and-renewed-life-insurance-premiums/
India Brand Equity Foundation. (2023). Life insurances premiums written by Indian insurers 2016 to 2022, by premium type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1196585/india-new-and-renewed-life-insurance-premiums/
India Brand Equity Foundation. "Life Insurances Premiums Written by Indian Insurers 2016 to 2022, by Premium Type (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Nov 2023, https://www.statista.com/statistics/1196585/india-new-and-renewed-life-insurance-premiums/
India Brand Equity Foundation, Life insurances premiums written by Indian insurers 2016 to 2022, by premium type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1196585/india-new-and-renewed-life-insurance-premiums/ (last visited December 03, 2024)
Life insurances premiums written by Indian insurers 2016 to 2022, by premium type (in billion U.S. dollars) [Graph], India Brand Equity Foundation, November 6, 2023. [Online]. Available: https://www.statista.com/statistics/1196585/india-new-and-renewed-life-insurance-premiums/
