Saturday, April 30, 2011

Comparison of New Business Premium of Life Insurance Companies during FY11 against FY10

Comparison of New Business Premium of Life Insurance Companies during FY11 against FY10

The estimates/statistics of Life Insurance Companies for the year ending March-2011 are available and these are:


In general the companies have shown % increase of 20+% but LIC continues to lead the industry with figure of Rs.86445 Crores. The exception is of Reliance Life whose premium earnings have got reduced by 22.60%. Overall the number of polices issued during the year have come down which is not very encouraging sign. Let us hope in 2011-12-we will see much better growth.

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