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Business Share Of Private Insurance Companies
(as on 31st March, 2008)  
 
First Year Premium Underwritten by Life Insurers for the year ended March 2008
Sr. Insurer Total Premium
(Rs. in crores) 		Total No. of
Policies Issued		 Market Share
based on
Mar '08 Apr -
Mar '08		 Mar '08 Apr -
Mar '08		 Premium Policy
1 ICICI Prudential
1002.76
6643.94
389590
2848534
13.35%
6.72%
2 Bajaj Allianz
1057.50
5568.63
625460
3641575
11.19%
8.59%
3 SBI Life
607.79
2531.78
166412
754677
5.09%
1.78%
4 HDFC Standard
368.56
2201.72
90067
699068
4.42%
1.65%
5 Reliance Life
299.64
1820.88
170516
962395
3.66%
2.27%
6 Birla Sunlife
397.57
1708.37
155171
567923
3.43%
1.34%
7 Max New York
270.83
1280.79
182784
855656
2.57%
2.02%
8 Aviva
188.03
980.77
70179
386317
1.97%
0.91%
9 Kotak Mahindra
260.29
943.01
74042
309133
1.89%
0.73%
10 Tata AIG
148.99
788.46
89535
488434
1.58%
1.15%
11 Met Life
211.66
764.94
52946
231993
1.54%
0.55%
12 ING Vysya
139.53
658.29
64807
355722
1.32%
0.84%
13 Shriram Life
21.65
124.97
12489
75698
0.25%
0.18%
14 Bharti Axa Life
25.05
105.68
15717
72913
0.21%
0.17%
15 Sahara Life
15.94
71.28
19816
96058
0.14%
0.23%
16 IDBI Fortis Life
4.36
4.36
1782
1782
0.01%
0.00%
17 Future Generali
0.28
0.41
747
800
0.00%
0.00%
  Private Total
5020.43
26198.29
2182060
12348678
52.63%
29.12%
18 LIC
3689.98
23583.73
5618511
30059686
47.37%
70.88%
  Grand Total
8710.40
49782.02
7800571
42408364
100%
100%


* The above chart excludes single premium products and group insurance business
 
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