Trade Analytics
Insurance
The total market size of the insurance sector in India is projected to touch US$ 350-400 billion by 2020.

Insurance Industry Market Growth in India – Infographic

Latest update: December, 2017

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: Pushing The Right Levers


English

+ More Publications >

IBEF Publication

IBEF Blog - INDIA ADDA – PERSPECTIVES ON INDIA More

author_logo-ibef1.jpg India: The land of technology-led start-ups!
IBEF, Knowledge Centre

The Indian technology start-up domain is proudly placed at the fourth largest position in the world. The industry was sized at US$ 35 billion in FY18. Last decade saw eme...

author_logo-ibef1.jpg India: Weaving million success stories!
IBEF, Knowledge Centre

Textiles have been one of the oldest and largest industries in India historically, second only to agriculture, and it generates jobs for millions of people. The current e...

author_Varun-Aggarwal-headshot1.jpg Leading science and technology: The opportunity and the challenges for India
Varun Aggarwal, co-founder and Head of Research, Aspiring Minds | Author of 'India Next'

Today is the most opportune time for India to revolutionise its science and technology ecosystem. The size of our economy provides the capital, manpower and market to inv...

author_Erich-Nesselhauf-MD-CEO-DICV1.JPG "We always firmly believed in the Make in India initiative. We're probably one of the most successful poster examples..."
Erich Nesselhauf, MD & CEO - Daimler India Commercial Vehicles

Daimler India Commercial Vehicle has been able to create a space for its offerings in the already crowded domestic commercial vehicle market. Erich Nesselhauf, MD & C...

author_GhanshyamLalVyas1.jpg Expanding horizons - Making it easier for Indian exporters to reach new markets!
Ghanshyam Lal Vyas, General Manager-Government Inspections and International Trade, TUV Rheinland India

TUV Rheinland India is a subsidiary of the TUV Rheinland Group, Germany. As part of the India, Middle East, Africa & Asia Pacific Group, it caters to the Indian marke...

author_logo-ibef1.jpg India hosts Informal WTO Ministerial Meeting
IBEF, Knowledge Centre

India hosted the Informal WTO Ministerial Meeting is being held in New Delhi on 19-20 March 2018. India is one of the founding Members of the World Trade Organization. Th...

ideas More

Ideas

Cutlery You Can Eat
Narayana Peesapaty, a former researcher at the International Water Management Institute of Hyderabad, has created an innovative edible cutlery, mainly made out of sorghum....

JOIN IBEF.org

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

Error

Already a member?
Login / Retrieve Password