Insurance
India's insurance industry is expected to reach US$ 280 billion by 2020.

Insurance Industry Market Growth in India - Infographic

Latest update: July, 2018

Growth
  • Over the years, share of private sector in life insurance segment has grown from around 2 per cent in FY03 to 29.69 per cent in FY18*.

Notes: Figures are as per latest data available, E- estimated, based on first year premium collection, * up to February 2018
Source: IRDA, Aranca Research

  • As of February 2018, life insurance sector had 23 private players in comparison to only 4 in FY02.
  • With 70.31 per cent share market share in FY18*, LIC continues to be the market leader, followed by HDFC Standard Life at 5.65 per cent.
Growth

Notes: * up to February 2018
Source: Aranca Research, IRDA

Posters

Brand India Pharma

LIFE INSURANCE COMPANIES IN INDIA

+ More >

Brand India Pharma

IBEF Publications

IBEF Publication

India Now Magazine


The Luxe Edge - Reshaping India's Lifestyle Choices

English

+ More Publications >

IBEF Publication

IBEF Blog - INDIA ADDA – PERSPECTIVES ON INDIA More

author_Pragati_Khare1.jpg The role of HR in the Rise of India's Tech Industry!
Pragati Khare, Head HR, COMIO Smartphone

Improvements in human resources (HR) practices and technology are a key reason for the continuous rise of India's technology sector. However, the growth of the tech s...

author_logo-ibef1.jpg Indian BPM Industry: Way forward!
IBEF, Knowledge Centre

Most businesses are dynamic, with processes and objectives that are constantly developing. In order to keep the processes within a business streamlined and efficient as w...

author_logo-ibef1.jpg Leather exports from India: Going strong!
IBEF, Knowledge Centre

Leather is a prominent industry in India. The main sectors from which its demand is derived are fashion, footwear, furniture, interiors and automotive. While the Indian l...

author_Devang-Mody41.jpg It's technology all the way
Devang Mody, Executive Director & CEO of Reliance Money

NBFCs are quickly adopting to the best-in-class technology to bring about disruption and foster future growth

The Indian lending industry, significantl...

author_Mr_Vinay_Kalantri_Founder_MD_The_Mobil_Wallet-21.jpg "India has always had a business community not averse to risk-taking"
Vinay Kalantri, Founder and Managing Director, The Mobile Wallet

Interview with Vinay Kalantri, Founder and Managing Director, The Mobile Wallet

Founder and Managing Director of The Mobile Wallet, Vinay Kal...

author_logo-ibef1.jpg Indian fintech start-ups: At the right place, at the right time!
IBEF, Knowledge Centre

Fintech, i.e. the technology that enables banking and financial services, is a very fast growing space in India, especially for the start-up domain. Fintechs are offering...

ideas More

Ideas

Zuper: Dynamic Disruptor
Zuper is a B2B Software as a Service (SaaS) offering for organizations, irrespective of shape and size. It is the first in Asia to offer voice biometrics-based timesheet management of workforce. Zuper offers an end to end platform to bring together the power of people, process, product and promise. ...

JOIN IBEF.org

Join IBEF.org now. Enjoy FREE subscriptions downloads, updates and more.

Error

Already a member?
Login / Retrieve Password