Market Research Report

Life Insurance in India, Key Trends and Opportunities to 2016

cover Published by Timetric
Published Product code 231957
Content info Pages: 239
Price

Introduction

Synopsis

The report provides in depth market analysis, information and insights into the Indian life insurance market, including:

  • The Indian life insurance market's growth prospects by life insurance categories
  • The various distribution channels in the Indian life insurance market
  • The competitive landscape in the life insurance market in India
  • A description of the life reinsurance market in India

Summary

The Indian life insurance segment recorded significant growth during the review period. The increase was primarily due to the rapid expansion of individual unit-linked policies (ULIPs). This was further encouraged by the expanding population, robust economic growth, lucrative tax benefits, rising disposable income levels and increased awareness of the need for insurance, especially among the younger population. The ULIPs product category is expected to remain buoyant over the forecast period, while the proposed increased FDI cap is anticipated to attract global insurers to invest in the segment.

Scope

This report provides a comprehensive analysis of the life insurance market in India:

  • It provides historical values for India's life insurance market for the report's 2007-2011 review period and forecast figures for the 2012-2016 forecast period
  • It offers a detailed analysis of the key sub-segments in India's life insurance market, along with market forecasts until 2016
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for life insurance products in India
  • Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in India for the life insurance business
  • It provides a detailed analysis of the reinsurance market in India and its growth prospects
  • It profiles the top life insurance companies in India and outlines the key regulations affecting them

Reasons To Buy

  • Make strategic business decisions using historic and forecast market data related to the Indian life insurance market and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Indian life insurance market
  • Assess the competitive dynamics in the life insurance market, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Indian life insurance market and its impact on companies and the market's future

Table of Contents

Table of Contents

1 Executive Summary

2 Introduction

  • 2.1 What is this Report About?
  • 2.2 Definitions
  • 2.3 Methodology

3 Indian Insurance Industry Attractiveness

  • 3.1 Insurance Industry Market Size, 2007-2016
  • 3.2 Key Industry Trends and Drivers
    • 3.2.1 Business drivers
    • 3.2.2 Consumer drivers
  • 3.3 Recent Market Developments

4 Life Insurance Segment Outlook

  • 4.1 Life Insurance Growth Prospects by Category
    • 4.1.1 Individual life insurance category
    • 4.1.2 Individual general annuity category
    • 4.1.3 Individual pension category
    • 4.1.4 Individual unit-linked insurance sub-category
    • 4.1.5 Group life insurance category
    • 4.1.6 Group superannuation category
  • 4.2 Life Insurance Growth Prospects by Customer Segments
    • 4.2.1 Individual single premium category
    • 4.2.2 Individual non-single premium category
    • 4.2.3 Group single premium category
    • 4.2.4 Group non-single premium category

5 Analysis by Distribution Channel

  • 5.1 Direct Marketing Channel
  • 5.2 Bancassurance Channel
  • 5.3 Agencies Channel
  • 5.4 E-Commerce Channel
  • 5.5 Brokers Channel
  • 5.6 Other Channels

6 Regulatory Policies

7 Porter's Five Forces Analysis - Indian Life Insurance

  • 7.1 Bargaining Power of Supplier: Low to Medium
  • 7.2 Bargaining Power of Buyer: Low to Medium
  • 7.3 Barriers to Entry: Medium
  • 7.4 Intensity of Rivalry: Medium
  • 7.5 Threat of Substitutes: Medium

8 Reinsurance Growth Dynamics and Challenges

  • 8.1 Reinsurance Market Size, 2007-2016
  • 8.2 Reinsurance Market Size by Type of Insurance, 2007-2016

9 Competitive Landscape and Strategic Insights

  • 9.1 Overview
  • 9.2 Leading Companies in the Indian Life Insurance Segment
  • 9.3 Comparison of the Top Five Insurers
    • 9.3.1 Gross written premium
    • 9.3.2 Outwards reinsurance expense
    • 9.3.3 Gross claims
    • 9.3.4 Paid claims
    • 9.3.5 Total assets
  • 9.4 Life Insurance Corporation of India - Company Overview
    • 9.4.1 Life Insurance Corporation of India - key facts
    • 9.4.2 Life Insurance Corporation of India - key financials
  • 9.5 ICICI Prudential Life Insurance Co. Ltd - Company Overview
    • 9.5.1 ICICI Prudential Life Insurance Co. Ltd - key facts
    • 9.5.2 ICICI Prudential Life Insurance Co. Ltd - key financials
  • 9.6 SBI Life Insurance Co. Ltd - Company Overview
    • 9.6.1 SBI Life Insurance Co. Ltd - key facts
    • 9.6.2 SBI Life Insurance Co. Ltd - key financial
  • 9.7 Bajaj Allianz Life Insurance Co. Ltd - Company Overview
    • 9.7.1 Bajaj Allianz Life Insurance Co. Ltd - key facts
    • 9.7.2 Bajaj Allianz Life Insurance Co. Ltd - key financials
  • 9.8 HDFC Standard Life Insurance Company Ltd - Company Overview
    • 9.8.1 HDFC Standard Life Insurance Company Ltd - key facts
    • 9.8.2 HDFC Standard Life Insurance Company Ltd - key financials
  • 9.9 Reliance Life Insurance Company Ltd - Company Overview
    • 9.9.1 Reliance Life Insurance Company Ltd - key facts
    • 9.9.2 Reliance Life Insurance Company Ltd - key financial
  • 9.1 Max Life Insurance Company Ltd - Company Overview
    • 9.10.1 Max Life Insurance Company Ltd - key facts
    • 9.10.2 Max Life Insurance Company Ltd - key financials
  • 9.11 Birla Sun Life Insurance Company Ltd - Company Overview
    • 9.11.1 Birla Sun Life Insurance Company Ltd - key facts
    • 9.11.2 Birla Sun Life Insurance Company Ltd - key financials
  • 9.12 Tata AIA Life Insurance Company Ltd - Company Overview
    • 9.12.1 Tata AIA Life Insurance Company Ltd - key facts
    • 9.12.2 Tata AIA Life Insurance Company Ltd - key financials
  • 9.13 Kotak Mahindra Old Mutual Life Insurance Ltd - Company Overview
    • 9.13.1 Kotak Mahindra Old Mutual Life Insurance Ltd - key facts
    • 9.13.2 Kotak Mahindra Old Mutual Life Insurance Ltd - key financials

10 Business Environment and Country Risk

  • 10.1 Business Confidence
    • 10.1.1 Market capitalization trend - Bombay Stock Exchange, India
  • 10.2 Economic Performance
    • 10.2.1 GDP at constant prices (US dollar)
    • 10.2.2 GDP per capita at constant prices (US dollar)
    • 10.2.3 GDP at current prices (US dollar)
    • 10.2.4 GDP per capita at current prices (US dollar)
    • 10.2.5 GDP by key segments
    • 10.2.6 Agricultural net output at current prices (INR)
    • 10.2.7 Agricultural net output at current prices (US dollar)
    • 10.2.8 Agricultural net output at current prices as a percentage of GDP
    • 10.2.9 Manufacturing net output at current prices (Indian Rupees)
    • 10.2.10 Manufacturing net output at current prices (US dollar)
    • 10.2.11 Manufacturing net output at current prices as a percentage of GDP
    • 10.2.12 Mining, manufacturing and utilities net output at current prices (Indian Rupee)
    • 10.2.13 Mining, manufacturing and utilities at current prices (US dollar)
    • 10.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP
    • 10.2.15 Construction net output at current prices (Indian Rupee)
    • 10.2.16 Construction net output at current prices, (US dollar)
    • 10.2.17 Construction net output at current prices as a percentage of GDP
    • 10.2.18 Inflation rate
    • 10.2.19 Current account balance as a percentage of GDP
    • 10.2.20 Exports as a percentage of GDP
    • 10.2.21 Imports as a percentage of GDP
    • 10.2.22 Exports growth
    • 10.2.23 Imports growth
    • 10.2.24 Annual average exchange rate US$-INR
    • 10.2.25 End-of-period exchange rate US$-INR
  • 10.3 Infrastructure Quality and Availability
    • 10.3.1 Total airports and sea ports
    • 10.3.2 Railways and roadways
    • 10.3.3 Passenger vehicle production volume
    • 10.3.4 Commercial vehicle production volume
    • 10.3.5 Automotive component exports trend
    • 10.3.6 Automotive component imports trend
    • 10.3.7 Passenger car penetration
    • 10.3.8 Healthcare expenditure
    • 10.3.9 Healthcare expenditure as a percentage of GDP
    • 10.3.10 Healthcare expenditure per capita
    • 10.3.11 Total internet subscribers
  • 10.4 Labor Force
    • 10.4.1 Labor force
    • 10.4.2 Unemployment rate
  • 10.5 Demographics
    • 10.5.1 Annual disposable income
    • 10.5.2 Annual per capita disposable income
    • 10.5.3 Total population
    • 10.5.4 Urban and rural population
    • 10.5.5 Females as a percentage of the total population
    • 10.5.6 Males as a percentage of the total population
    • 10.5.7 Mean age of the population
    • 10.5.8 Median age of population
    • 10.5.9 Population density
    • 10.5.10 Age distribution of the total population
    • 10.5.11 Age distribution of the male population
    • 10.5.12 Age distribution of the female population
    • 10.5.13 Number of households
  • 10.6 Political and Social Risk
    • 10.6.1 Political stability
    • 10.6.2 Terrorism index
    • 10.6.3 Transparency index

11 Appendix

  • 11.1 Methodology
  • 11.2 Contact Us
  • 11.3 About Timetric
  • 11.4 Disclaimer

List of Tables

  • Table 1: Insurance Industry Definitions
  • Table 2: Indian Insurance Overall Written Premium by Segment (INR Billion), 2007-2011
  • Table 3: Indian Insurance Overall Written Premium by Segment (US$ Billion), 2007-2011
  • Table 4: Indian Insurance Overall Written Premium by Segment (INR Billion), 2011-2016
  • Table 5: Indian Insurance Overall Written Premium by Segment (US$ Billion), 2011-2016
  • Table 6: Indian Insurance Segmentation (% Share), 2007-2016
  • Table 7: Indian Life Insurance Written Premium by Category (INR Billion), 2007-2011
  • Table 8: Indian Life Insurance Written Premium by Category (US$ Billion), 2007-2011
  • Table 9: Indian Life Insurance Written Premium by Category (INR Billion), 2011-2016
  • Table 10: Indian Life Insurance Written Premium by Category (US$ Billion), 2011-2016
  • Table 11: Indian Life Insurance - Earned Premium (INR Billion), 2007-2011
  • Table 12: Indian Life Insurance - Earned Premium (INR Billion), 2011-2016
  • Table 13: Indian Life Insurance - Sum Assured (INR Trillion), 2007-2011
  • Table 14: Indian Life Insurance - Sum Assured (INR Trillion), 2011-2016
  • Table 15: Indian Life Insurance - Paid Claims (INR Billion), 2007-2011
  • Table 16: Indian Life Insurance - Paid Claims (INR Billion), 2011-2016
  • Table 17: Indian Life Insurance - Incurred Loss (INR Billion), 2007-2011
  • Table 18: Indian Life Insurance - Incurred Loss (INR Billion), 2011-2016
  • Table 19: Indian Life Insurance - Loss Ratio (%), 2007-2011
  • Table 20: Indian Life Insurance - Loss Ratio (%), 2011-2016
  • Table 21: Indian Life Insurance - Commissions and Expenses (INR Billion), 2007-2011
  • Table 22: Indian Life Insurance - Commissions and Expenses (INR Billion), 2011-2016
  • Table 23: Indian Life Insurance - Combined Ratio (%), 2007-2011
  • Table 24: Indian Life Insurance - Combined Ratio (%), 2011-2016
  • Table 25: Indian Life Insurance - Frauds and Crimes (INR Billion), 2007-2011
  • Table 26: Indian Life Insurance - Frauds and Crimes (INR Billion), 2011-2016
  • Table 27: Indian Life Insurance - Total Assets (INR Billion), 2007-2011
  • Table 28: Indian Life Insurance - Total Assets (INR Billion), 2011-2016
  • Table 29: Indian Life Insurance - Total Investment Income (INR Billion), 2007-2011
  • Table 30: Indian Life Insurance - Total Investment Income (INR Billion), 2011-2016
  • Table 31: Indian Life Insurance - Retentions (INR Billion), 2007-2011
  • Table 32: Indian Life Insurance - Retentions (INR Billion), 2011-2016
  • Table 33: Indian Individual Life Insurance Category - Number of Active Policies (Thousand), 2007-2011
  • Table 34: Indian Individual Life Insurance Category - Number of Active Policies, 2011-2016
  • Table 35: Indian Individual Life Insurance Category - Written Premium (INR Billion), 2007-2011
  • Table 36: Indian Individual Life Insurance Category - Written Premium (INR Billion), 2011-2016
  • Table 37: Indian Individual General Annuity Category - Number of Active Policies (Thousand), 2007-2011
  • Table 38: Indian Individual General Annuity Category - Number of Active Policies (Thousand), 2011-2016
  • Table 39: Indian Individual General Annuity Category - Written Premium (INR Billion), 2007-2011
  • Table 40: Indian Individual General Annuity Category - Written Premium (INR Billion), 2011-2016
  • Table 41: Indian Individual Pension Category - Number of Active Policies (Thousand), 2007-2011
  • Table 42: Indian Individual Pension Category - Number of Active Policies (Thousand), 2011-2016
  • Table 43: Indian Individual Pension Category - Written Premium (INR Billion), 2007-2011
  • Table 44: Indian Individual Pension Category - Written Premium (INR Billion), 2011-2016
  • Table 45: Indian Individual Unit-linked Insurance Sub-Category - Number of Active Policies (Thousand), 2007-2011
  • Table 46: Indian Individual Unit-linked Insurance Sub-Category - Number of Active Policies (Thousand), 2011-2016
  • Table 47: Indian Individual Unit-linked Insurance Sub-Category - Written Premium (INR Billion), 2007-2011
  • Table 48: Indian Individual Unit-linked Insurance Sub-Category - Written Premium (INR Billion), 2011-2016
  • Table 49: Indian Group Life Insurance Category - Number of Active Policies (Thousand), 2007-2011
  • Table 50: Indian Group Life Insurance Category - Number of Active Policies (Thousand), 2011-2016
  • Table 51: Indian Group Life Insurance Category - Written Premium (INR Billion), 2007-2011
  • Table 52: Indian Group Life Insurance Category - Written Premium (INR Billion), 2011-2016
  • Table 53: Indian Group Superannuation Category - Number of Active Policies (Thousand), 2007-2011
  • Table 54: Indian Group Superannuation - Number of Active Policies (Thousand), 2011-2016
  • Table 55: Indian Group Superannuation Category - Written Premium (INR Billion), 2007-2011
  • Table 56: Indian Group Superannuation Category - Written Premium (INR Billion), 2011-2016
  • Table 57: Indian Individual Single Premium Category - Number of Active Policies (Thousand), 2007-2011
  • Table 58: Indian Individual Single Premium Category - Number of Active Policies (Thousand), 2011-2016
  • Table 59: Indian Individual Single Premium Category - Written Premium (INR Billion), 2007-2011
  • Table 60: Indian Individual Single Premium Category - Written Premium (INR Billion), 2011-2016
  • Table 61: Indian Individual Non-Single Premium Category - Number of Active Policies (Thousand), 2007-2011
  • Table 62: Indian Individual Non-Single Premium Category - Number of Active Policies (Thousand), 2011-2016
  • Table 63: Indian Individual Non-Single Premium Category - Written Premium (INR Billion), 2007-2011
  • Table 64: Indian Individual Non-Single Premium Category - Written Premium (INR Billion), 2011-2016
  • Table 65: Indian Group Single Premium Category - Number of Active Policies (Thousand), 2007-2011
  • Table 66: Indian Group Single Premium Category - Number of Active Policies (Thousand), 2011-2016
  • Table 67: Indian Group Single Premium Category - Written Premium (INR Billion), 2007-2011
  • Table 68: Indian Group Single Premium Category - Written Premium (INR Billion), 2011-2016
  • Table 69: Indian Group Non-Single Premium Category - Number of Active Policies (Thousand), 2007-2011
  • Table 70: Indian Group Non-Single Premium Category - Number of Active Policies (Thousand), 2011-2016
  • Table 71: Indian Group Non-Single Premium Category - Written Premium (INR Billion), 2007-2011
  • Table 72: Indian Group Non-Single Premium Category - Written Premium (INR Billion), 2011-2016
  • Table 73: Indian Life Insurance - Direct Marketing Commission Paid (INR Billion), 2007-2011
  • Table 74: Indian Life Insurance - Direct Marketing Commission Paid (INR Billion), 2011-2016
  • Table 75: Indian Life Insurance - New Business Written Premium Through Direct Marketing (INR Billion), 2007-2011
  • Table 76: Indian Life Insurance - New Business Written Premium Through Direct Marketing (INR Billion), 2011-2016
  • Table 77: Indian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2007-2011
  • Table 78: Indian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2011-2016
  • Table 79: Indian Life Insurance - Number of Direct Marketing Distributors, 2007-2011
  • Table 80: Indian Life Insurance - Number of Direct Marketing Distributors, 2011-2016
  • Table 81: Indian Life Insurance - Bancassurance Commission Paid (INR Billion), 2007-2011
  • Table 82: Indian Life Insurance - Bancassurance Commission Paid (INR Billion), 2011-2016
  • Table 83: Indian Life Insurance - New Business Written Premium Through Bancassurance (INR Billion), 2007-2011
  • Table 84: Indian Life Insurance - New Business Written Premium Through Bancassurance (INR Billion), 2011-2016
  • Table 85: Indian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2007-2011
  • Table 86: Indian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2011-2016
  • Table 87: Indian Life Insurance - Number of Bancassurance Distributors, 2007-2011
  • Table 88: Indian Life Insurance - Number of Bancassurance Distributors, 2011-2016
  • Table 89: Indian Life Insurance - Commission Paid to Agencies (INR Billion), 2007-2011
  • Table 90: Life Insurance - Commission Paid to Agencies (INR Billion), 2011-2016
  • Table 91: Life Insurance - New Business Written Premium Through Agencies (INR Billion), 2007-2011
  • Table 92: Life Insurance - New Business Written Premium Through Agencies (INR Billion), 2011-2016
  • Table 93: Life Insurance - New Policies Sold Through Agencies (Thousand), 2007-2011
  • Table 94: Indian Life Insurance - New Policies Sold Through Agencies (Thousand), 2011-2016
  • Table 95: Indian Life Insurance - Number of Agencies, 2007-2011
  • Table 96: Indian Life Insurance - Number of Agencies, 2011-2016
  • Table 97: Indian Life Insurance - E-Commerce Commission Paid (INR Billion), 2007-2011
  • Table 98: Indian Life Insurance - E-Commerce Commission Paid (INR Billion), 2011-2016
  • Table 99: Indian Life Insurance - New Business Written Premium Through E-Commerce (INR Billion), 2007-2011
  • Table 100: Indian Life Insurance - New Business Written Premium Through E-Commerce (INR Billion), 2011-2016
  • Table 101: Indian Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2007-2011
  • Table 102: Indian Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2011-2016
  • Table 103: Indian Life Insurance - Number of E-Commerce Distributors, 2007-2011
  • Table 104: Indian Life Insurance - Number of E-Commerce Distributors, 2011-2016
  • Table 105: Indian Life Insurance - Commission Paid to Brokers (INR Billion), 2007-2011
  • Table 106: Indian Life Insurance - Commission Paid to Brokers (INR Billion), 2011-2016
  • Table 107: Indian Life Insurance - New Business Written Premium Through Brokers (INR Billion), 2007-2011
  • Table 108: Indian Life Insurance - New Business Written Premium Through Brokers (INR Billion), 2011-2016
  • Table 109: Indian Life Insurance - New Policies Sold Through Brokers (Thousand), 2007-2011
  • Table 110: Indian Life Insurance - New Policies Sold Through Brokers (Thousand), 2011-2016
  • Table 111: Indian Life Insurance - Number of Brokers, 2007-2011
  • Table 112: Indian Life Insurance - Number of Brokers, 2011-2016
  • Table 113: Indian Life Insurance - Commission Paid to Other Channels (INR Billion), 2007-2011
  • Table 114: Indian Life Insurance - Commission Paid to Other Channels (INR Billion), 2011-2016
  • Table 115: Indian Life Insurance - New Business Written Premium Through Other Channels (INR Billion), 2007-2011
  • Table 116: Indian Life Insurance - New Business Written Premium Through Other Channels (INR Billion), 2011-2016
  • Table 117: Indian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2007-2011
  • Table 118: Indian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2011-2016
  • Table 119: Indian Life Insurance - Number of Distributors in Other Channels, 2007-2011
  • Table 120: Indian Life Insurance - Number of Distributors in Other Channels, 2011-2016
  • Table 121: Indian Reinsurance Market by Category (INR Billion), 2007-2011
  • Table 122: Indian Reinsurance Market by Category (US$ Billion), 2007-2011
  • Table 123: Indian Reinsurance Segment by Category (INR Billion), 2011-2016
  • Table 124: Indian Reinsurance Segment by Category (US$ Billion), 2011-2016
  • Table 125: Indian Premium Ceded to Reinsurance by Type of Insurance (INR billion), 2007-2011
  • Table 126: Indian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2007-2011
  • Table 127: Indian Premium Ceded to Reinsurance by Type of Insurance (INR billion), 2011-2016
  • Table 128: Indian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2011-2016
  • Table 129: Indian Life Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
  • Table 130: Indian Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2016
  • Table 131: Indian Life Insurance Market Share (%), 2007-2011
  • Table 132: Life Insurance Corporation of India, Key Facts
  • Table 133: Life Insurance Corporation of India, Key Financials (INR Million)
  • Table 134: ICICI Prudential Life Insurance Co. Ltd, Key Facts
  • Table 135: ICICI Prudential Life Insurance Co. Ltd, Key Financials (INR Million)
  • Table 136: SBI Life Insurance Co. Ltd, Key Facts
  • Table 137: SBI Life Insurance Co. Ltd, Key Financials (INR Million)
  • Table 138: Bajaj Allianz Life Insurance Co. Ltd, Key Facts
  • Table 139: Bajaj Allianz Life Insurance Co. Ltd, Key Financials (INR Million)
  • Table 140: HDFC Standard Life Insurance Company Ltd, Key Facts
  • Table 141: HDFC Standard Life Insurance Company Ltd, Key Financials (INR Million)
  • Table 142: Reliance Life Insurance Company Ltd, Key Facts
  • Table 143: Reliance Life Insurance Company Ltd, Key Financials (INR Million)
  • Table 144: Max New York Life Insurance Company Ltd, Key Facts
  • Table 145: Max Life Insurance Company Ltd, Key Financials (INR Million)
  • Table 146: Birla Sun Life Insurance Company Ltd, Key Facts
  • Table 147: Birla Sun Life Insurance Company Ltd, Key Financials (INR Million)
  • Table 148: Tata AIA Life Insurance Company Ltd, Key Facts
  • Table 149: Tata AIA Life Insurance Company Ltd, Key Financials (INR Million)
  • Table 150: Kotak Mahindra Old Mutual Life Insurance Ltd, Key Facts
  • Table 151: Kotak Mahindra Old Mutual Life Insurance Ltd, Key Financials (INR Million)

List of Figures

  • Figure 1: Indian Insurance Overall Written Premium by Segment (INR Billion), 2007-2016
  • Figure 2: Indian Insurance Market Dynamics by Segment, 2007-2016
  • Figure 3: Indian Life Insurance Written Premium by Category (INR Billion), 2007-2016
  • Figure 4: Indian Life Insurance Written Premium by Category (% Share), 2011 and 2016
  • Figure 5: Indian Life Insurance Market Dynamics by Category, 2007-2016
  • Figure 6: Indian Life Insurance - Earned Premium (INR Billion), 2007-2011
  • Figure 7: Indian Life Insurance - Earned Premium (INR Billion), 2011-2016
  • Figure 8: Indian Life Insurance - Sum Assured (INR Trillion), 2007-2011
  • Figure 9: Indian Life Insurance - Sum Assured (INR Trillion), 2011-2016
  • Figure 10: Indian Life Insurance - Paid Claims (INR Billion), 2007-2011
  • Figure 11: Indian Life Insurance - Paid Claims (INR Billion), 2011-2016
  • Figure 12: Indian Life Insurance - Incurred Loss (INR Billion), 2007-2011
  • Figure 13: Indian Life Insurance - Incurred Loss (INR Billion), 2011-2016
  • Figure 14: Indian Life Insurance - Loss Ratio (%), 2007-2011
  • Figure 15: Indian Life Insurance - Loss Ratio (%), 2011-2016
  • Figure 16: Indian Life Insurance - Commissions and Expenses (INR Billion), 2007-2011
  • Figure 17: Indian Life Insurance - Commissions and Expenses (INR Billion), 2011-2016
  • Figure 18: Indian Life Insurance - Combined Ratio (%), 2007-2011
  • Figure 19: Indian Life Insurance - Combined Ratio (%), 2011-2016
  • Figure 20: Indian Life Insurance - Frauds and Crimes (INR Billion), 2007-2011
  • Figure 21: Indian Life Insurance - Frauds and Crimes (INR Billion), 2011-2016
  • Figure 22: Indian Life Insurance - Total Assets (INR Billion), 2007-2011
  • Figure 23: Indian Life Insurance - Total Assets (INR Billion), 2011-2016
  • Figure 24: Indian Life Insurance - Total Investment Income (INR Billion), 2007-2011
  • Figure 25: Indian Life Insurance - Total Investment Income (INR Billion), 2011-2016
  • Figure 26: Indian Life Insurance - Retentions (INR Billion), 2007-2011
  • Figure 27: Indian Life Insurance - Retentions (INR Billion), 2011-2016
  • Figure 28: Indian Life Insurance - Investment Portfolio (INR Billion), 2007-2011
  • Figure 29: Indian Life Insurance - Investment Portfolio, 2007 and 2011
  • Figure 30: Indian Life Insurance Penetration (% of GDP), 2007-2011
  • Figure 31: Indian Life Insurance Density (Number of Policies per Capita), 2007-2011
  • Figure 32: Indian Life Insurance - Number of Active Policies (Thousand), 2007-2011
  • Figure 33: Indian Life Insurance - Number of Active Policies (Thousand), 2011-2016
  • Figure 34: Indian Life Insurance - Premium Per-Capita (INR), 2007-2011
  • Figure 35: Indian Individual Life Insurance Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 36: Indian Individual Life Insurance Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 37: Indian Individual Life Insurance Category - Written Premium (INR Billion), 2007-2011
  • Figure 38: Indian Individual Life Insurance Category - Written Premium (INR Billion), 2011-2016
  • Figure 39: Indian Individual General Annuity Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 40: Indian Individual General Annuity Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 41: Indian Individual General Annuity Category - Written Premium (INR Billion), 2007-2011
  • Figure 42: Indian Individual General Annuity Category - Written Premium (INR Billion), 2011-2016
  • Figure 43: Indian Individual Pension Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 44: Indian Individual Pension Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 45: Indian Individual Insurance Category - Written Premium (INR Billion), 2007-2011
  • Figure 46: Indian Individual Pension Category - Written Premium (INR Billion), 2011-2016
  • Figure 47: Indian Individual Unit-linked Insurance Sub-Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 48: Indian Individual Unit-linked Insurance Sub-Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 49: Indian Individual Unit-linked Insurance Sub-Category - Written Premium (INR Billion), 2007-2011
  • Figure 50: Indian Individual Unit-linked Insurance Sub-Category - Written Premium (INR Billion), 2011-2016
  • Figure 51: Indian Group Life Insurance Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 52: Indian Group Life Insurance Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 53: Indian Group Life Insurance Category - Written Premium (INR Billion), 2007-2011
  • Figure 54: Indian Group Life Insurance Category - Written Premium (INR Billion), 2011-2016
  • Figure 55: Indian Group Superannuation Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 56: Indian Group Superannuation Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 57: Indian Group Superannuation Category - Written Premium (INR Billion), 2007-2011
  • Figure 58: Indian Group Superannuation Category - Written Premium (INR Billion), 2011-2016
  • Figure 59: Indian Individual Single Premium Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 60: Indian Individual Single Premium Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 61: Indian Individual Single Premium Category - Written Premium (INR Billion), 2007-2011
  • Figure 62: Indian Individual Single Premium Category - Written Premium (INR Billion), 2011-2016
  • Figure 63: Indian Individual Non-Single Premium Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 64: Indian Individual Non-Single Premium Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 65: Indian Individual Non-Single Premium Category - Written Premium (INR Billion), 2007-2011
  • Figure 66: Indian Individual Non-Single Premium Category - Written Premium (INR Billion), 2011-2016
  • Figure 67: Indian Group Single Premium Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 68: Indian Group Single Premium Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 69: Indian Group Single Premium Category - Written Premium (INR Billion), 2007-2011
  • Figure 70: Indian Group Single Premium Category - Written Premium (INR Billion), 2011-2016
  • Figure 71: Indian Group Non-Single Premium Category - Number of Active Policies (Thousand), 2007-2011
  • Figure 72: Indian Group Non-Single Premium Category - Number of Active Policies (Thousand), 2011-2016
  • Figure 73: Indian Group Non-Single Premium Category - Written Premium (INR Billion), 2007-2011
  • Figure 74: Indian Group Non-Single Premium Category - Written Premium (INR Billion), 2011-2016
  • Figure 75: Indian Life Insurance New Business Written Premium by Distribution Channel (% Share), 2011 and 2016
  • Figure 76: Indian Life Insurance - Direct Marketing Commission Paid (INR Billion), 2007-2011
  • Figure 77: Indian Life Insurance - Direct Marketing Commission Paid (INR Billion), 2011-2016
  • Figure 78: Indian Life Insurance - New Business Written Premium Through Direct Marketing (INR Billion), 2007-2011
  • Figure 79: Indian Life Insurance - New Business Written Premium Through Direct Marketing (INR Billion), 2011-2016
  • Figure 80: Indian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2007-2011
  • Figure 81: Indian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2011-2016
  • Figure 82: Indian Life Insurance - Number of Direct Marketing Distributors, 2007-2011
  • Figure 83: Indian Life Insurance - Number of Direct Marketing Distributors, 2011-2016
  • Figure 84: Indian Life Insurance - Bancassurance Commission Paid (INR Billion), 2007-2011
  • Figure 85: Indian Life Insurance - Bancassurance Commission Paid (INR Billion), 2011-2016
  • Figure 86: Indian Life Insurance - New Business Written Premium Through Bancassurance (INR Billion), 2007-2011
  • Figure 87: Indian Life Insurance - New Business Written Premium Through Bancassurance (INR Billion), 2011-2016
  • Figure 88: Indian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2007-2011
  • Figure 89: Indian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2011-2016
  • Figure 90: Indian Life Insurance - Number of Bancassurance Distributors, 2007-2011
  • Figure 91: Indian Life Insurance - Number of Bancassurance Distributors, 2011-2016
  • Figure 92: Life Insurance - Commission Paid to Agencies (INR Billion), 2007-2011
  • Figure 93: Life Insurance - Commission Paid to Agencies (INR Billion), 2011-2016
  • Figure 94: Life Insurance - New Business Written Premium Through Agencies (INR Billion), 2007-2011
  • Figure 95: Life Insurance - New Business Written Premium Through Agencies (INR Billion), 2011-2016
  • Figure 96: Life Insurance - New Policies Sold Through Agencies (Thousand), 2007-2011
  • Figure 97: Indian Life Insurance - New Policies Sold Through Agencies (Thousand), 2011-2016
  • Figure 98: Indian Life Insurance - Number of Agencies, 2007-2011
  • Figure 99: Indian Life Insurance - Number of Agencies, 2011-2016
  • Figure 100: Indian Life Insurance - E-Commerce Commission Paid (INR Billion), 2007-2011
  • Figure 101: Indian Life Insurance - E-Commerce Commission Paid (INR Billion), 2011-2016
  • Figure 102: Indian Life Insurance - New Business Written Premium Through E-Commerce (INR Billion), 2007-2011
  • Figure 103: Indian Life Insurance - New Business Written Premium Through E-Commerce (INR Billion), 2011-2016
  • Figure 104: Indian Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2007-2011
  • Figure 105: Indian Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2011-2016
  • Figure 106: Indian Life Insurance - Number of E-Commerce Distributors, 2007-2011
  • Figure 107: Indian Life Insurance - Number of E-Commerce Distributors, 2011-2016
  • Figure 108: Indian Life Insurance - Commission Paid to Brokers (INR Billion), 2007-2011
  • Figure 109: Indian Life Insurance - Commission Paid to Brokers (INR Billion), 2011-2016
  • Figure 110: Indian Life Insurance - New Business Written Premium Through Brokers (INR Billion), 2007-2011
  • Figure 111: Indian Life Insurance - New Business Written Premium Through Brokers (INR Billion), 2011-2016
  • Figure 112: Indian Life Insurance - New Policies Sold Through Brokers (Thousand), 2007-2011
  • Figure 113: Indian Life Insurance - New Policies Sold Through Brokers (Thousand), 2011-2016
  • Figure 114: Indian Life Insurance - Number of Brokers, 2007-2011
  • Figure 115: Indian Life Insurance - Number of Brokers, 2011-2016
  • Figure 116: Indian Life Insurance - Commission Paid to Other Channels (INR Billion), 2007-2011
  • Figure 117: Indian Life Insurance - Commission Paid to Other Channels (INR Billion), 2011-2016
  • Figure 118: Indian Life Insurance - New Business Written Premium Through Other Channels (INR Billion), 2007-2011
  • Figure 119: Indian Life Insurance - New Business Written Premium Through Other Channels (INR Billion), 2011-2016
  • Figure 120: Indian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2007-2011
  • Figure 121: Indian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2011-2016
  • Figure 122: Indian Life Insurance - Number of Distributors in Other Channels, 2007-2011
  • Figure 123: Indian Life Insurance - Number of Distributors in Other Channels, 2011-2016
  • Figure 124: Indian Life Insurance - Porter's Five Forces Analysis
  • Figure 125: Indian Premium Ceded to Reinsurance by Category (INR Billion), 2007-2016
  • Figure 126: Indian Premium Ceded to Reinsurance by Category (% Share), 2011 and 2016
  • Figure 127: Indian Reinsurance Market Dynamics by Category, 2007-2016
  • Figure 128: Indian Premium Ceded to Reinsurance by Type of Insurance (INR billion), 2007-2016
  • Figure 129: Indian Reinsurance Market Dynamics by Type of Insurance, 2007-2016
  • Figure 130: Indian Life Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
  • Figure 131: Indian Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2016
  • Figure 132: Indian Life Insurance Market Share (%), 2007 and 2011
  • Figure 133: Gross Written Premium - Top Five Indian Life Insurers, 2011
  • Figure 134: Outwards Reinsurance Expense - Top Five Indian Life Insurers, 2011
  • Figure 135: Gross Claims - Top Five Indian Life Insurers, 2011
  • Figure 136: Paid Claims - Top Five Indian Life Insurers, 2011
  • Figure 137: Total Assets - Top Five Indian Life Insurers, 2011
  • Figure 138: Indian Stock Exchange Market Capitalization (US$ Billion), 2007-2011
  • Figure 139: Indian GDP at Constant Prices (US$ Billion), 2007-2011
  • Figure 140: Indian GDP Per Capita at Constant Prices (US$), 2007-2011
  • Figure 141: Indian GDP at Current Prices (US$ Billion), 2007-2011
  • Figure 142: Indian GDP Per Capita at Current Prices (US$), 2007-2011
  • Figure 143: Indian GDP by Key Segments (%) 2009 and 2011
  • Figure 144: Indian Agricultural Net Output at Current Prices (INR Billion), 2007-2011
  • Figure 145: Indian Agricultural Net Output at Current Prices (US$ Billion), 2007-2011
  • Figure 146: Indian Agricultural Net Output at Current Prices as a Percentage of GDP (%), 2007-2011
  • Figure 147: Indian Manufacturing Net Output at Current Prices (INR Billion), 2007-2011
  • Figure 148: Indian Manufacturing Net Output at Current Prices (US$ Billion), 2007-2011
  • Figure 149: Indian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007-2011
  • Figure 150: Indian Mining, Manufacturing and Utilities Net Output at Current Prices (IDR Billion), 2007-2011
  • Figure 151: Indian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007-2011
  • Figure 152: Indian Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), 2007-2011
  • Figure 153: Indian Construction Net Output at Current Prices (INR Billion), 2007-2011
  • Figure 154: Indian Construction Net Output at Current Prices (US$ Billion), 2007- 2011
  • Figure 155: Indian Construction Output at Current Prices as a Percentage of GDP (%), 2007-2011
  • Figure 156: Indian Inflation Rate (%), 2007-2011
  • Figure 157: Indian Current Account Balance as a Percentage of GDP(%), 2007-2011
  • Figure 158: Indian Exports as a Percentage of GDP (%), 2007-2011
  • Figure 159: Indian Imports as a Percentage of GDP (%), 2007-2011
  • Figure 160: Indian Exports Growth (%), 2007-2011
  • Figure 161: Indian Imports Growth (%), 2007-2011
  • Figure 162: Indian Annual Average Exchange Rate US$-INR, 2007-2011
  • Figure 163: Indian End-of-Period Exchange Rate US$-INR, 2007-2011
  • Figure 164: Indian Total Number of Airports and Sea Ports, 2011
  • Figure 165: Indian Railways and Roadways (Kilometers), 2011
  • Figure 166: Indian Passenger Vehicle Production, 2007-2011
  • Figure 167: Indian Commercial Vehicle Production, 2007-2011
  • Figure 168: Indian Automotive Component Exports (US$ Billion), 2007-2011
  • Figure 169: Indian Automotive Component Imports (US$ Billion), 2007-2011
  • Figure 170: Indian Passenger Car Penetration (per thousand people), 2007-2011
  • Figure 171: Indian Healthcare Expenditure (US$ Billion), 2007-2011
  • Figure 172: Indian Healthcare Expenditure as a Percentage of GDP (%), 2007-2011
  • Figure 173: Indian Per Capita Healthcare Expenditure (US$), 2007-2011
  • Figure 174: Indian Internet Subscriptions (Millions), 2007-2011
  • Figure 175: Indian Size of Labor Force in 15-59 Age Group (Million), 2007-2011
  • Figure 176: Indian Unemployment Rate (%), 2007-2011
  • Figure 177: Indian Annual Disposable Income (US$ Billion), 2007-2011
  • Figure 178: Indian Annual Per Capita Disposable Income (US$), 2007-2011
  • Figure 179: Indian Total Population (Million), 2007-2011
  • Figure 180: Indian Urban and Rural Population (%), 2007-2011
  • Figure 181: Indian Females as a Percentage of the Total Population (%), 2007-2011
  • Figure 182: Indian Male as a Percentage of the Total Population (%), 2007-2011
  • Figure 183: Indian Mean Age of Population (Year), 2007-2011
  • Figure 184: Indian Median Age of Population (Year), 2007-2011
  • Figure 185: Indian Population Density (per Square Kilometer), 2007-2011
  • Figure 186: Indian Population Distribution by Age (%), 2007-2011
  • Figure 187: Indian Male Population Distribution by Age (%), 2007-2011
  • Figure 188: Indian Female Population Distribution by Age (%), 2007-2011
  • Figure 189: Indian Households, Number of (Million), 2007-2011
  • Figure 190: Global Terrorism Heat Map, 2011
  • Figure 191: Indian Transparency Index, 2007-2011

Life Insurance in India, Key Trends and Opportunities to 2016 published by Timetric in October 5, 2012. This report consists of Pages: 239 and the price starts from US $ 1950.

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