Magazine date:
Oct 2020 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| State-owned companies | ||||||||||
LIC | 0.57% | 0.58% | 0.65% | 0.69% | 0.70% | 0.76% | 0.94% | 0.74% | 0.77% | 0.80% |
| Private companies | ||||||||||
SBI Life | 2.74% | 2.83% | 4.23% | 5.95% | 6.89% | 6.37% | 5.44% | 4.54% | 4.54% | 4.02% |
ICICI Prudential | 1.56% | 4.52% | 9.87% | 11.05% | 12.61% | 10.68% | 8.61% | 7.53% | 5.98% | 3.69% |
HDFC | -3.93% | -1.10% | 2.66% | 3.99% | 6.01% | 5.30% | 5.02% | 4.59% | 4.71% | 4.37% |
Profitability of private companies | -2.58% | 1.68% | 5.54% | 7.03% | 7.67% | 6.54% | 4.87% | 4.66% | 4.31% | 3.37% |
Profitability of life insurance companies | -0.37% | 0.91% | 2.08% | 2.42% | 2.41% | 2.32% | 2.02% | 1.85% | 1.85% | 1.66% |
Profitability of Indian life insurers over 10 years: 2009-2018
In millions USD| Public sector | Private sector | Total | |
|---|---|---|---|
Premiums | 425 010 | 174 048 | 599 058 |
Net result | 3 063 | 7 031 | 10 094 |
Profitability | 0.72% | 4.04% | 1.68% |
Read also | Indian life insurance market [4]
