Below displayed is the new business performance of life insurers for the period ended 30th June 2015. Life Insurance Corporation (LIC) of India tops the chart with a total new business premium collection of Rs. 16,428.23 crore. ICICI Prudential Life leads among the private life insurers with Rs. 1,220.76 crore. HDFC Life stood second among the private life insurers with a premium collection of Rs. 1,093.94 crore
New Business Performance of Life Insurers for the Period ended 30th June, 2015
Name of the insurer
Premium Collection (in Rs. Crores)
Number of Policies
Aegon Religare
19.05
7,769
Aviva
86.11
8,840
Bajaj Allianz
673.41
47,236
Bharti Axa
95.54
15,732
Birla Sun Life
407.34
49,914
Canara HSBC Oriental
110.08
10,533
DHFL Pramerica
156.28
12,109
Future Generali
58.64
4,357
HDFC Life
1,093.94
181,633
ICICI Prudential
1,220.79
97,506
IDBI Federal
119.65
20,904
IndiaFirst
196.98
13,515
Exide Life
103.42
30,019
Kotak Mahindra
386.82
34,766
Edelweiss Tokio
18.74
4,786
Max Life
459.87
87,756
PNB Metlife
172.83
44,549
Reliance
300.45
76,316
Sahara India
3.36
2,001
SBI
1,042.66
145,289
Shriram
120.31
54,997
Star union Dai-ichi
201.13
13,667
Tata AIA
93.26
16,829
Private total
7,140.66
981,023
LIC
16,428.23
3,663,310
Grand Total
23,568.88
4,644,333