In financial year 2021, the Life Insurance Corporation (LIC) of India had written premiums that amounted to about 4,032 billion Indian rupees. On the other hand, private sector insurers earned premiums to the value of over 2,254 billion rupees. Written premiums are the amount of premium charged for policies that are already in effect.
Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector
(in billion Indian rupees)
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IRDA (India). (December 23, 2021). Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees) [Graph]. In Statista. Retrieved January 25, 2025, from https://www.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/?__sso_cookie_checker=failed
IRDA (India). "Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees)." Chart. December 23, 2021. Statista. Accessed January 25, 2025. https://www.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/?__sso_cookie_checker=failed
IRDA (India). (2021). Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees). Statista. Statista Inc.. Accessed: January 25, 2025. https://www.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/?__sso_cookie_checker=failed
IRDA (India). "Value of Total Premiums Written for Life Insurance in India from Financial Year 2017 to 2021, Based on Sector (in Billion Indian Rupees)." Statista, Statista Inc., 23 Dec 2021, https://www.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/?__sso_cookie_checker=failed
IRDA (India), Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees) Statista, https://www.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/?__sso_cookie_checker=failed (last visited January 25, 2025)
Value of total premiums written for life insurance in India from financial year 2017 to 2021, based on sector (in billion Indian rupees) [Graph], IRDA (India), December 23, 2021. [Online]. Available: https://www.statista.com/statistics/655431/vaue-of-life-insurance-premiums-written-india/?__sso_cookie_checker=failed
