In financial year 2020, the value of life insurance held by individuals in the country in financial assets amounted to over 37 trillion Indian rupees, an increase from the previous year. Interestingly, an exponential rise in the value of life insurance of Individuals was recorded over the years from financial year 2015 across the country.
Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees)
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Other statistics that may interest you Insurance industry in India
Overview
5
- Premium Statistic Life and non-life insurance penetration in selected regions globally 2020-2022
- Premium Statistic Penetration of life and non-life insurance in India FY 2002-2023
- Premium Statistic Density of life and non-life insurance in India FY 2002-2023
- Premium Statistic Assets of insurance companies in India 2002-2022
- Premium Statistic Number of registered insurers in India FY 2023, by type and sector
Life insurance
5
- Premium Statistic Market share of life insurance industry India FY 2017-2023, by type of insurer
- Premium Statistic Value of total life insurance premiums in India FY 2002-2023
- Premium Statistic Value of total premiums written by private life insurers India FY 2003-2023
- Premium Statistic New individual life insurance policies in India FY 2017-2023, by sector
- Premium Statistic Life insurance investments India FY 2017-2023, by sector
Non-life insurance
5
- Premium Statistic General insurance penetration in India FY 2014-2022
- Premium Statistic Market share of general and health insurers India FY 2023, by type of insurer
- Premium Statistic Non-life premiums written in India FY 2023, by segment
- Premium Statistic Non-life insurers gross direct premiums income in India FY 2017-2023
- Premium Statistic Non-life insurance investments in India FY 2017-2023, by sector
Public sector
6
- Premium Statistic Largest life insurance companies globally December 2023, by market capitalization
- Premium Statistic Value of gross direct premiums of public general insurers India FY 2023
- Premium Statistic LIC's brand value 2016-2023
- Premium Statistic Public non-life insurers' market share India FY 2017-2023 by company
- Premium Statistic The New India Assurance's gross non-life insurance premiums FY 2013-2022
- Premium Statistic United India Insurance's gross non-life premiums FY 2002-2023
Private players
5
- Premium Statistic Leading private insurers in India FY 2023, by gross direct premium
- Premium Statistic ICICI Lombard's gross direct insurance premium income FY 2018-2023
- Premium Statistic HDFC ERGO gross non-life insurance premiums FY 2003-2023
- Premium Statistic Bajaj Allianz's total life insurance premium value FY 2002-2023
- Premium Statistic Tata AIG's gross non-life insurance premiums FY 2002-2023
Further related statistics
10
- Total assets of China Pacific Insurance 2012-2022
- Assets of pension funds in Canada 2010-2021
- Assets of financial institutions in Hong Kong 2012-2022, by institution type
- Not-for-profit theaters average net assets in the U.S. 2016-2020
- Assets of financial auxilliaries in Indonesia 2002-2018
- Assets of central bank in Canada 2002-2018
- Assets of pension funds in Brazil 2002-2018
- Assets of financial institutions in Brazil 2018, by institution type
- Assets of pension funds in Chile 2002-2018
- Types of mortgages held by U.S. life insurers 2018
Further Content: You might find this interesting as well
Statistics
- Total assets of China Pacific Insurance 2012-2022
- Assets of pension funds in Canada 2010-2021
- Assets of financial institutions in Hong Kong 2012-2022, by institution type
- Not-for-profit theaters average net assets in the U.S. 2016-2020
- Assets of financial auxilliaries in Indonesia 2002-2018
- Assets of central bank in Canada 2002-2018
- Assets of pension funds in Brazil 2002-2018
- Assets of financial institutions in Brazil 2018, by institution type
- Assets of pension funds in Chile 2002-2018
- Types of mortgages held by U.S. life insurers 2018
Karvy Private Wealth. (April 6, 2021). Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees) [Graph]. In Statista. Retrieved June 11, 2024, from https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/
Karvy Private Wealth. "Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees)." Chart. April 6, 2021. Statista. Accessed June 11, 2024. https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/
Karvy Private Wealth. (2021). Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: June 11, 2024. https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/
Karvy Private Wealth. "Life Insurance Value as a Part of Individual Wealth in Financial Assets across India from Financial Year 2015 to 2020 (in Trillion Indian Rupees)." Statista, Statista Inc., 6 Apr 2021, https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/
Karvy Private Wealth, Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/ (last visited June 11, 2024)
Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees) [Graph], Karvy Private Wealth, April 6, 2021. [Online]. Available: https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/