First Year Premium Underwritten by Life Insurers for the Financial Year 2003-04(Provisional) (Rs. In lakhs)
Sl No. Company First Year + Single Premium  Market Share as % of Premium  No. of Policies / Schemes Market Share as % of No.of Policies / Schemes No. of lives covered under Group Schemes Market Share as % of lives under Group Schemes
    Mar-04 2003-04 2002-03 % Growth 2003-04 2002-03 Mar-04 2003-04 2002-03 % Growth 2003-04 Mar-04 2003-04 2003-04
1 Allianz Bajaj 6,573.59 17,970.51 6338.89 183.50 0.96 0.37 43,092 185,350 115964 59.83 0.65 45,829 101,797 1.63
  ISP 1,952.51 2,228.92         2,388 3,099            
  INSP 4,572.63 15,629.14         40,699 182,194            
  GSP 0.00 0.76         0 1       0 781  
  GNSP 48.45 111.69         5 56       45,829 101,016  
2 ING Vysya 2,740.59 7,260.66 1765.92 311.15 0.39 0.10 31,751 90,976 10976 728.86 0.32 5,401 6,613 0.11
  ISP 53.86 82.26         7,935 12,115            
  INSP 2,643.45 7,088.81         23,813 78,853            
  GSP 24.52 68.29         0 1       91 163  
  GNSP 18.76 21.30         3 7       5,310 6,450  
3 AMP Sanmar 688.07 2,788.16 631.52 341.50 0.15 0.04 9,439 46,282 16344 183.17 0.16 1,772 60,341 0.97
  ISP 0.00 0.00         0 0            
  INSP 541.45 2,433.27         9,423 46,250            
  GSP 107.93 107.93         5 5       1,189 1,189  
  GNSP 38.69 246.96         11 27       583 59,152  
4 SBI Life 8,068.07 19,590.08 7188.08 172.54 1.05 0.42 26,374 86,495 17746 387.41 0.30 201,947 773,223 12.38
  ISP 1,148.05 3,149.27         1,791 7,847            
  INSP 2,487.14 5,308.71         24,417 78,099            
  GSP 2,828.66 7,381.00         4 26       24,232 73,109  
  GNSP 1,604.22 3,751.10         162 523       177,715 700,114  
5 Tata AIG 3,728.36 18,015.47 5220.84 245.07 0.96 0.31 24,977 161,967 91487 77.04 0.57 19,428 189,587 3.04
  ISP 0.00 0.00         0 0            
  INSP 2,013.12 12,387.07         24,969 161,897            
  GSP 54.68 485.92         0 1       9,581 95,939  
  GNSP 1,660.57 5,142.47         8 69       9,847 93,648  
6 HDFC Standard 5,377.56 20,933.26 12931.38 61.88 1.12 0.76 35,442 203,205 124837 62.78 0.71 20,142 58,335 0.93
  ISP 1,296.59 6,252.06         2,600 38,581            
  INSP 3,974.79 13,045.08         32,832 164,523            
  GSP 106.18 1,636.12         10 101       20,142 58,335  
  GNSP 0.00 0.00         0 0       0 0  
7 ICICI Prudential 17,364.23 75,091.03 36410.67 106.23 4.01 2.15 95,683 436,196 244434 78.45 1.52 18,194 45,926 0.74
  ISP 2,372.03 12,005.00         1,414 10,417            
  INSP 14,461.00 62,211.00         94,235 425,694            
  GSP 10.50 167.33         28 73       12,083 38,852  
  GNSP 520.70 707.70         6 12       6,111 7,074  
8 Birla Sunlife 20,233.76 44,986.19 12956.79 247.20 2.40 0.77 43,591 155,598 64758 140.28 0.54 53,595 198,313 3.18
  ISP 702.58 1,941.33         5,729 28,454            
  INSP 10,580.59 26,741.57         37,806 126,990            
  GSP 35.82 392.90         0 0       314 3,107  
  GNSP 8,914.77 15,910.39         56 154       53,281 195,206  
9 Aviva 1,778.53 7,713.84 1346.63 472.83 0.41 0.08 14,523 71,001 17023 317.09 0.25 36,921 88,857 1.42
  ISP 65.12 495.45         80 722            
  INSP 1,685.61 7,154.35         14,434 70,252            
  GSP 0.00 0.00         0 0       0 0  
  GNSP 27.80 64.04         9 27       36,921 88,857  
10 Om Kotak  5,763.08 12,710.19 3520.96 260.99 0.68 0.21 12,232 51,071 32767 55.86 0.18 11,565 52,924 0.85
  ISP 2,125.80 2,414.74         343 590            
  INSP 3,232.17 9,273.18         11,884 50,453            
  GSP 0.00 0.00         0 0       0 0  
  GNSP 405.11 1,022.27         5 28       11,565 52,924  
11 Max New York # 2,638.08 13,148.80 6731.37 95.34 0.70 0.40 27,681 145,581 77531 87.77 0.51 2,693 117,879 1.89
  ISP 24.59 178.35         31 203            
  INSP 2,600.41 12,560.37         27,640 145,298            
  GSP 0.00 0.00         0 0       0 0  
  GNSP 13.09 410.08         10 80       2,693 117,879  
12 Met Life 509.95 2,338.16 769.88 203.70 0.12 0.05 5,627 25,124 11227 123.78 0.09 22,982 41,520 0.66
  ISP 9.97 50.49         52 273            
  INSP 478.03 2,236.42         5,563 24,832            
  GSP 0.00 0.00         0 0       0 0  
  GNSP 21.95 51.25         12 19       22,982 41,520  
  Private Total 75,463.88 242,546.35 95812.93 153.15 12.96 5.66 370,412 1,658,846 825094 101.05 5.79 440,469 1,735,315 27.78
13 LIC 491,543.76 1,628,468.67 1597676.15 1.93 87.04 94.34 7,626,362 26,968,069 24545580 9.87 94.21 943,823 4,510,429 72.22
  ISP 65,669.85 116,471.78         136,894 230,607            
  INSP 287,125.35 1,147,214.80         7,485,574 26,721,312            
  GSP 138,748.56 364,782.09         3,894 16,150       943,823 4,510,429  
  GNSP 0.00 0.00         0 0       0 0  
  Grand Total 567,007.64 1,871,015.02 1693489.08 10.48 100.00 100.00 7,996,774 28,626,915 25370674 12.83 100.00 1,384,292 6,245,744 100.00
Notes :1) LIC's business figures do not include Varishtha Pension Bima Yojana. 2) % Growth has been computed over previous year.
ISP -- Individual Single Premium
INSP -- Individual Non-Single Premium
GSP -- Group Single Premium
GNSP -- Group Non-Single Premium