Page 36 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 9A: INDIVIDUAL BUSINESS IN FORCE (WITHIN INDIA) (NUMBER OF POLICIES)
(2016-17 TO 2019-20) (Policies in '000)
Particulars ICICI Prudential IDBI Federal
2016-17 2017-18 2018-19 2019-20 2016-17 2017-18 2018-19 2019-20
Non Linked Life Business
Business in force at start of the financial year 1613.78 1862.02 2119.23 2349.46 399.08 449.84 471.73 504.29
Additions during the year* 385.44 450.81 476.64 475.95 99.09 70.86 72.84 39.17
Deletions during the year** 137.20 193.60 246.41 288.13 48.33 48.97 40.28 44.40
Business in force at end of the financial year (A) 1862.02 2119.23 2349.46 2537.28 449.84 471.73 504.29 499.06
Non Linked -General Annuity Business
Business in force at start of the financial year 46.44 51.25 55.56 64.62 0.00 0.00 0.00 0.00
Additions during the year* 5.09 4.61 9.37 12.24 0.00 0.00 0.00 0.12
Deletions during the year** 0.27 0.30 0.31 0.36 0.00 0.00 0.00 0.00
Business in force at end of the financial year (B) 51.25 55.56 64.62 76.49 0.00 0.00 0.00 0.12
Non Linked - Pension Business
Business in force at start of the financial year 30.72 28.33 25.03 22.35 0.80 0.76 0.72 0.70
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 2.39 3.30 2.68 2.20 0.04 0.04 0.02 0.03
Business in force at end of the financial year (C) 28.33 25.03 22.35 20.15 0.76 0.72 0.70 0.68
Non linked Health Business
Business in force at start of the financial year 25.91 22.05 55.61 58.14 0.31 0.25 0.21 0.18
Additions during the year* 0.14 39.88 23.27 23.02 0.00 0.00 0.00 0.30
Deletions during the year** 4.00 6.32 20.74 18.44 0.06 0.04 0.04 0.02
Business in force at end of the financial year ( D) 22.05 55.61 58.14 62.72 0.25 0.21 0.18 0.46
Linked Business - Life business
Business in force at start of the financial year 2212.51 2165.23 2134.38 2219.77 91.38 103.80 141.84 154.81
Additions during the year* 333.06 356.72 393.66 265.19 26.92 51.10 34.44 12.27
Deletions during the year** 380.33 387.57 308.27 352.18 14.49 13.06 21.46 24.59
Business in force at end of the financial year (E) 2165.23 2134.38 2219.77 2132.78 103.80 141.84 154.81 142.48
Linked General annuity business
Business in force at start of the financial year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Business in force at end of the financial year ( F) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Linked Pension Business
Business in force at start of the financial year 591.81 466.01 343.53 258.28 2.84 2.20 1.80 1.63
Additions during the year* 2.15 1.91 1.00 0.79 0.01 0.00 0.00 0.00
Deletions during the year** 127.95 124.39 86.25 76.85 0.65 0.40 0.17 0.55
Business in force at end of the financial year (G) 466.01 343.53 258.28 182.22 2.20 1.80 1.63 1.08
Linked Health Business
Business in force at start of the financial year 108.53 104.47 101.02 95.54 0.00 0.00 0.00 0.00
Additions during the year* 0.20 0.03 0.02 0.03 0.00 0.00 0.00 0.00
Deletions during the year** 4.26 3.48 5.50 9.84 0.00 0.00 0.00 0.00
Business in force at end of the financial year (H) 104.47 101.02 95.54 85.73 0.00 0.00 0.00 0.00
Non-Linked VIP-Life Business 0.00
Business in force at start of the financial year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Business in force at end of the financial year (I) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Non-Linked VIP-General Annuity Business
Business in force at start of the financial year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Business in force at end of the financial year (J) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Non-Linked VIP-Pension Business
Business in force at start of the financial year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Business in force at end of the financial year (K) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Non-Linked VIP-Health Business
Business in force at start of the financial year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Business in force at end of the financial year (L) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Linked VIP-Life Business
Business in force at start of the financial year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Business in force at end of the financial year (M) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Linked VIP-General Annuity Business
Business in force at start of the financial year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Business in force at end of the financial year (N) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Linked VIP-Pension Business
Business in force at start of the financial year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Business in force at end of the financial year (O) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Linked VIP-Health Business
Business in force at start of the financial year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additions during the year* 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deletions during the year** 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Business in force at end of the financial year (P) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Grand Total Business in force at end of the financial year
= A + B + C + D +E+F+G+H+I+J+K+L+M+N+O+P 4699.36 4834.35 5068.15 5097.37 556.84 616.30 661.61 643.87
* Includes New Policies issued, Old Policies reinstated/revived. **Includes policy terminations by death, maturity, lapse, surrenders or cancellations.
# Excluding linked Health Business, if any.
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