Page 51 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 10A: INDIVIDUAL BUSINESS INFORCE (SUM ASSURED )
(2016-17 TO 2019-20) (Contd... 10A) (in ? Crore)
Particulars Max Life PNB MetLife
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 146843.41 270470.19 359485.72 491792.35 39151.58 60083.85 80854.75 104124.54
Additions during the year* 148316.88 125983.53 180558.72 184709.53 27639.33 29155.01 35021.72 37091.86
Deletions during the year** 24690.09 36968.00 48252.09 82261.78 6707.06 8384.10 11751.93 13663.37
Business in force at end of the financial year (A) 270470.19 359485.72 491792.35 594240.10 60083.85 80854.75 104124.54 127553.04
Non Linked -General Annuity Business
Business in force at start of the financial year 72.01 90.48 110.31 135.06 0.00 0.00 11.86 17.13
Additions during the year* 21.41 22.87 28.04 124.21 0.00 12.61 6.24 8.10
Deletions during the year** 2.93 3.04 3.29 6.76 0.00 0.75 0.97 1.18
Business in force at end of the financial year (B) 90.48 110.31 135.06 252.51 0.00 11.86 17.13 24.05
Non Linked - Pension Business
Business in force at start of the financial year 76.49 39.39 36.70 31.56 63.06 53.15 86.46 127.95
Additions during the year* 3.27 2.81 2.44 1.84 24.26 42.28 52.39 51.83
Deletions during the year** 40.37 5.50 7.58 4.32 34.16 8.98 10.91 20.72
Business in force at end of the financial year (C) 39.39 36.70 31.56 29.08 53.15 86.46 127.95 159.05
Non linked Health Business
Business in force at start of the financial year 147.39 5011.78 9404.77 12951.64 2395.86 3044.22 3155.72 2875.90
Additions during the year* 5168.69 6190.71 7073.42 9209.55 1260.76 749.47 248.85 122.65
Deletions during the year** 304.29 1797.72 3526.55 4783.01 612.40 637.96 528.68 358.73
Business in force at end of the financial year ( D) 5011.78 9404.77 12951.64 17378.17 3044.22 3155.72 2875.90 2639.82
Linked Business - Life business
Business in force at start of the financial year 36078.92 46983.10 53325.35 62199.07 26694.27 23145.40 21518.59 23677.81
Additions during the year* 18418.13 14779.14 17754.51 25316.31 1530.73 3122.71 6351.35 5674.86
Deletions during the year** 7513.94 8436.89 8880.80 12788.18 5079.60 4749.53 4192.13 5797.10
Business in force at end of the financial year (E) 46983.10 53325.35 62199.07 74727.20 23145.40 21518.59 23677.81 23555.57
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 389.30 1829.59 1884.30 1958.57 0.00 0.00 0.00 0.00
Additions during the year* 1697.87 363.00 404.83 243.43 0.00 0.00 0.00 0.00
Deletions during the year** 257.58 308.29 330.56 522.06 0.00 0.00 0.00 0.00
Business in force at end of the financial year (G) 1829.59 1884.30 1958.57 1679.94 0.00 0.00 0.00 0.00
Linked 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 (H) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Non-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 (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 324424.53 424247.14 569068.24 688307.00 86326.62 105627.39 130823.33 153931.53
* Includes New Policies issued, Old Policies reinstated/revived. **Includes policy terminations by death, maturity, lapse, surrenders or cancellations.
# Excluding linked Health Business, if any.
49