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Total number of premiums for life insurances written in India FY 2016-2020

Published by
Manya Rathore,
Jul 21, 2022
In financial year 2020, the value of gross premiums in life insurances in India reached 79 billion U.S. dollars. After a steady increase in value from financial year 2016 to 2018 there was a decrease in 2019 down to just over 70 billion U.S. dollars compared to almost 95 billion U.S. dollars in financial year 2018.

Life Insurance gross premiums written in India from financial year 2016 to 2020 (in billion U.S. dollars)

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Release date

November 2021

Region

India

Survey time period

FY 2016 to FY 2020

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

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