Life insurance in India

Statistics report on life insurance in India

Life insurance in India

This report provides a comprehensive overview of the insurance industry in India. It offers an overview of the life industry, highlighting its diversity and growth, and explaining the value chain. The report then delves into key industry parameters, including market dynamics. It also discusses claims and complaints, consumer behavior, and industry growth and emerging trends.

Table of contents

Overview

5
  • Premium Statistic Life and nonlife direct premium writing countries globally 2022, by value of premiums
  • Premium Statistic Penetration of life and non-life insurance in India FY 2002-2023
  • Premium Statistic Density of life and non-life insurance in India FY 2002-2023
  • Premium Statistic Market share of life insurance industry India FY 2017-2023, by type of insurer
  • Premium Statistic Value of total life insurance premiums in India FY 2002-2023

Key indicators

6
  • Premium Statistic Total number of premiums for life insurances written in India FY 2016-2021
  • Premium Statistic Life insurances premiums written by Indian insurers FY 2016-2022, by premium type
  • Premium Statistic New individual life insurance policies in India FY 2017-2023, by sector
  • Premium Statistic Solvency ratio of life insurers in India March 2023
  • Premium Statistic Life insurance investments India FY 2017-2023, by sector
  • Premium Statistic Share of distribution channels in life insurance industry India FY 2017-2022

Market players

5
  • Premium Statistic Leading life insurers in India FY 2023, by new business premium
  • Premium Statistic Market share of Life Insurance Corporation based on total premium FY 2014-2024
  • Premium Statistic Total new business premium market share of SBI Life Insurance from FY 2019-2023
  • Premium Statistic Total new business private market share of HDFC Life Insurance FY 2019-2023
  • Premium Statistic New business premium received by ICICI Prudential Life Insurance FY 2019-2023

Claims and complaints

4
  • Premium Statistic Number of total individual death claims in India FY 2023, by life insurer
  • Premium Statistic Individual life insurance claims settlement ratio in India FY 2010-2022
  • Premium Statistic Life insurance claims settlement ratio in India FY 2022, by insurer
  • Premium Statistic Number of complaints registered against life insurer India FY 2023, by insurer type

Consumer behaviour

6
  • Premium Statistic Net promoter score of leading life insurance brands in India 2023
  • Premium Statistic Awareness and ownership levels of life insurance in India 2023
  • Premium Statistic Preferred purchase channel for life insurance products in India 2023
  • Premium Statistic Reasons for considering purchase of life insurance in India 2023
  • Premium Statistic Reasons for not purchasing life insurance in India 2023
  • Premium Statistic Deterrents to online purchase of life insurance products in India 2023

Inclusivity and emerging trends

6
  • Premium Statistic Financial inclusion index of India FY 2017-2023
  • Premium Statistic Enrollments under PMJJBY scheme in India FY 2016-2023
  • Premium Statistic Contribution to fintech ecosystem in India 2022, by category
  • Premium Statistic Number of insurtechs in India 2022, by equity funding stage
  • Premium Statistic Value of equity funding in insturtech India 2016-2022
  • Premium Statistic Leading insurtech startups in India 2021-2022, by funding

Statista report shop

Explore all Statista reports

We provide information on industries, companies, consumers, trends, countries, and politics, covering the latest and most important issues in a condensed format.

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)