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HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20
(in percent) 61* 36.00 37.00 37.80 29.80 34.25 41.87 39.79 33.49 19.04 47.20 56.50 43.91 37.40 48.87 50.00 31.48 57.33 35.98 23.96 42.61 19.34 25.86 42.70 44.00
49* 39.00 52.00 56.60 39.49 40.62 51.54 46.38 38.41 29.04 52.10 63.00 46.40 48.59 60.63 56.00 45.25 67.74 41.19 31.05 49.21 20.29 39.74 43.62 48.00
TABLE 27: PERSISTENCY OF LIFE INSURANCE POLICIES (BASED ON NUMBER OF POLICIES)
2019-20 37* 44.00 68.00 60.80 41.75 42.11 55.30 54.88 43.73 36.62 55.20 66.00 53.26 51.61 64.89 61.00 53.29 74.90 50.28 38.18 56.31 30.87 46.14 54.62 52.00
25* 53.00 76.00 64.40 50.96 48.41 65.02 61.22 52.50 40.34 62.40 71.70 65.67 57.74 73.58 70.00 62.71 83.83 62.13 54.75 63.33 39.53 53.67 64.89 56.00
13* 69.00 84.00 69.10 66.32 51.74 72.93 75.54 59.98 57.04 72.80 81.90 70.25 67.43 80.74 82.00 74.22 90.79 70.76 0.00 71.19 54.07 65.92 73.05 61.00
61* 32.00 50.00 38.10 30.66 38.83 37.61 29.87 33.03 22.61 47.20 53.30 49.94 33.63 46.64 49.00 30.16 26.60 36.14 34.26 42.28 23.72 42.74 37.97 51.00
49* 41.00 49.00 48.40 39.14 40.40 46.89 45.96 38.34 24.26 57.30 62.46 49.18 43.76 60.27 54.00 40.87 36.60 40.31 44.13 48.03 24.07 49.34 43.83 50.00
2018-19 37* 45.00 55.00 59.70 45.50 45.53 54.74 52.79 43.54 34.07 56.30 66.54 50.74 52.16 65.40 60.00 51.83 54.10 46.30 52.48 55.23 25.06 54.26 45.11 54.00
25* 54.00 74.00 67.30 50.47 50.03 61.48 62.94 52.11 45.69 61.40 72.01 61.36 57.16 72.97 67.00 62.62 66.10 58.24 67.18 62.00 41.67 60.76 57.75 60.00
13* 64.00 83.00 72.70 63.38 58.21 73.59 75.21 59.62 53.49 71.00 78.83 74.53 65.88 83.55 79.00 77.32 77.20 72.59 75.18 70.91 57.28 69.63 71.07 66.00
61* 29.00 48.00 38.68 27.12 33.42 34.26 25.58 32.22 20.08 47.00 49.10 43.43 38.41 47.20 47.00 26.47 15.60 32.97 33.14 38.00 19.34 42.85 32.74 43.00
49* 35.00 61.00 40.78 34.12 42.85 41.84 33.03 37.95 27.15 55.00 59.40 51.93 41.81 55.82 52.00 36.62 29.05 38.37 43.68 50.39 27.23 46.62 39.92 53.00
2017-18 37* 44.00 51.00 51.46 41.30 42.99 49.49 49.52 43.55 27.05 60.00 66.30 51.87 47.02 63.21 58.00 45.84 39.68 41.97 52.14 53.14 25.97 51.41 45.81 53.00 Note: * Persisitency ratio for 13th, 25th, 37th, 49th and 61st months. NA: Not available Persistency rate is calculated as per circular ref: IRDA/ACT/CIR/Misc./035/01/2014 dated 23.01.2014
25* 51.00 59.00 64.81 50.06 50.14 60.10 58.31 51.95 40.66 61.00 73.20 56.00 57.10 70.65 69.00 57.77 59.28 50.78 66.96 59.81 30.58 59.47 49.03 58.00
13* 60.00 80.00 74.56 64.46 57.44 69.78 74.00 58.93 57.84 69.00 80.70 68.14 65.61 81.11 77.00 71.70 74.33 66.47 75.00 69.86 52.02 68.96 65.33 66.00
Aditya Birla Sunlife Edelweiss Tokio Future Generali ICICI Prudential Kotak Mahindra Reliance Nippon Star Union Dai-ichi
Insurer Aegon Aviva Bajaj Allianz Bharti AXA Canara HSBC Exide Life HDFC IDBI Federal IndiaFirst Max Life PNB Metlife Pramerica Sahara India SBI Life * Shriram Tata AIA LIC of India
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