NSE-listed insurance companies across life, health, and general segments, positioned in India's under-penetrated insurance market as IRDAI reforms reshape distribution channels and commission structures.
Sectors represented: Financial Services, Diversified
Value of New Business Margin. (%). Annual Report 2025-26Annual Report 2025-263435. Corporate Overview. 1-63. Statutory Reports. 64-153. Financial Statements. 154-256 9. 2,593. 23%. FY24FY25FY26. 20%. 19.1%. 22.4%. Value of New Business Margin. (%). Annual Report 2025-26Annual Report 2025-263435. Corporate Overview. 1-63. Statutory Reports. 64-153. Financial Statements. 154-256.
BAGIC : Combined Ratio. 11. 1.CombinedRatiosareinaccordancewiththe MasterCircularon‘PreparationofFinancialstatementsofGeneralInsuranceBusiness’issuedby. IRDAeffectivefrom1. st. April,2013.(NetclaimsincurreddividedbyNetEarnedPremium)+(ExpensesofmanagementincludingnetCommission ircularon‘PreparationofFinancialstatementsofGeneralInsuranceBusiness’issuedby. IRDAeffectivefrom1. st.
February 18, introduced Bima-ASBA a one-. time Unified Payments Interface (UPI) mandate. mechanism for blocking premium mits closely. Policyholder Protection: IRDAI’s Circular dated. February 18, introduced Bima-ASBA a one-. time Unified Payments Interface (UPI) mandate. mechanism for blocking premium. amounts during. the issuance of life and health insurance policies.
Over the last few years, the life insurance industry has. demonstrated robust growth, with premium income. increasing from `6.30 lakh crore in FY2021 to `8.86 lakh. crore in FY2025, representing a growth of 40.63% over. the period. nce industry has. demonstrated robust growth, with premium income. increasing from `6.30 lakh crore in FY2021 to `8.86 lakh.
Penetration (as % to GDP). Total premium (`bn). 64. 1. Retail weighted received premium (RWRP). 2. Individual & group in-force sum assured. Source: IRDAI, CSO, Life insurance council, . Company estimate .8%. Penetration (as % to GDP). Total premium (`bn). 64. 1. Retail weighted received premium (RWRP). 2. Individual & group in-force sum assured. Source: IRDAI, CSO, Life insurance council, .
Penetration (as % to GDP). Total premium (`bn). 64. 1. Retail weighted received premium (RWRP). 2. Individual & group in-force sum assured. Source: IRDAI, CSO, Life insurance council, . Company estimate .8%. Penetration (as % to GDP). Total premium (`bn). 64. 1. Retail weighted received premium (RWRP). 2. Individual & group in-force sum assured. Source: IRDAI, CSO, Life insurance council, .
Available Solvency Margin/ASM ASM means the excess of value of assets of an insurance company over the value of its. liabilities, with certain further prescribed adjustments by the IRDAI pecific claim. Available Solvency Margin/ASM ASM means the excess of value of assets of an insurance company over the value of its. liabilities, with certain further prescribed adjustments by the IRDAI.
Figure 8: Led by health and motor, India’s insurance market is expected to expand. rapidly at a CAGR of 10-12% over the next five years. Note(s): (1) Health Insurance excludes Travel and Personal Accident, (2) Motor Insurance includes Own dia’s insurance market is expected to expand. rapidly at a CAGR of 10-12% over the next five years.
Geographic Distribution of Individual Agents (%). Pan India presence of Agents which shows our feet on street. Source Corporation data. 25. FY23FY24FY25Q1FY26. Rural. 48.22%49.06%51.02%51.72%. Urban. 51.78%50.94%48.98%48.28% tion of Individual Agents (%). Pan India presence of Agents which shows our feet on street. Source Corporation data. 25. FY23FY24FY25Q1FY26. Rural. 48.22%49.06%51.02%51.72%.
The persistency ratios are calculated as per IRDA/ACT/CIR/GEN/21/02/2010 circular dated February 11, 2010 and IRDAI circular. no. IRDAI/F&A/CIR/MISC/256/09/2021 dated September 30, 2021. Persistency Ratios for the period ended December 31, 2022 and December 31, 2021 are 'Upto the Quarter' Persistency calculated DAI circular. no. IRDAI/F&A/CIR/MISC/256/09/2021 dated September 30, 2021.