Dalal Street Investments
Top

Top Private Life Insurance Companies in India

June 12, 2008

Earlier we have presented statistics on the market share of all the Life Insurance companies in India including LIC [Public Sector]. Today lets analyze the difference in market share of Private Sector Life Insurance Companies over a Year’s time.
Private Sector Life Insurance companies Market Share
Top 5 Life Insurance Companies in India at the end of April-2008 are:
ICICI Prudential Life – 22.1%
Bajaj Allianz – 13.8%
SBI Life – 9.8%
Reliance Life – 8%
Max New York – 8%

Top 5 Gaines in Life Insurance Business in a Year:
Reliance Life +3.9% gain in total private life insurance market share
Birla Sunlife +3.3% gain in total private life insurance market share
Met Life +2.8% gain in total private life insurance market share
Aviva +2% gain in total private life insurance market share
SBI Life +1.7% gain in total private life insurance market share

Top Losers in Life Insurance Business in a Year:
ICICI Prudential Life – 8.3% loss in total private life insurance market share
Bajaj Allianz – 2.4% loss in total private life insurance market share
HDFC Standard Life – 1.2% loss in total private life insurance market share

From the above data, the reason is now obvious on why K.V.Kamath, wanted to list ICICI Prudential Life as a separate entity on the bourses.

Comments

Got something to say?






Bottom