Dalal Street Investments

Market share of Life Insurance Companies in India

May 14, 2008

Here is the market share of various Life Insurance Companies in India at the end of FY2008.

LIC 48.1%
ICICI Prudential 13.7%
Allianz Bajaj 10.3%
SBI Life 6.2%
HDFC Standard 4.1%
Birla Sunlife 3.4%
Reliance Life 3.4%
Max New York 2.4%
OM Kotak 1.9%
AVIVA 1.8%
Tata AIG 1.5%
MetLife 1.4%
ING Vysya 1.2%
Shriram Life 0.3%
Bharti Axa Life 0.2%

The top 5 life insurance companies in India control 85% of the market-share while the remaining dozen are still struggling to setup their operations. LIC is the best when it comes to settlement of claims.


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