Market Research Logo

Group Life Insurance in India to 2020: Market Size, Growth and Forecast Analytics

Group Life Insurance in India to 2020: Market Size, Growth and Forecast Analytics

Synopsis

Timetric’s "Group Life Insurance in India to 2020: Market Size, Growth and Forecast Analytics" contains detailed historic and forecast data covering Group Life Insurance in India. This databook provides values for key performance indicators such as policies and premiums (gross written premiums, direct written premiums, insurance penetration (ratio of direct premiums to GDP) and number of active policies), and premium type (single & non-single).

The research handbook provides the up-to-date market data for period 2011-2015 and illustrative forecast to 2020. Values in the handbook are depicted in USD ($) and local currency by country and number of active policies are represented in millions.

Summary

Group life insurance is a type of life insurance in which a single contract covers an entire group of people. Typically, the policy owner is an employer or an entity such as a labor organization, and the policy covers the employees or members of the group.

The total amount of gross written premiums in the Group (Commercial) Life in India is valued at INRxxx.xx billion (US$xxx.xx billion) in 2015, which is an increase of xx.xx% from 2011. The category has recorded a CAGR of xx.xx% during the review period (2011-2015).

Group Life Insurance in India to 2020: Market Size, Growth and Forecast Analytics provides a top-level overview and detailed insight into the operating environment of Insurance industry in India. It is an essential tool for companies active across the India value chain and for new players considering to enter the market.

Scope

Group Life Insurance in India to 2020: Market Size, Growth and Forecast Analytics provides you with the following:

  • Overall values of policies and premiums in the Group Life Insurance.
  • Values of policies and premiums by product type (life, superannuation & other group)
  • Values of premiums and policies by premium type (Single & Non-Single).
  • Reasons To Buy
    • Understand the life insurance industry covering group life insurance in India.
    • Enhance your knowledge of the market with a breakdown of data including gross written premiums, direct written premiums, insurance penetration (ratio of direct premiums to GDP) and number of active policies, by product type (life, superannuation & other group) and by single premiums & non single premiums.
    • Allows you to plan future business decisions using the forecast figures given for the segment.
    • The broad but detailed perspective will help all the companies in the Insurance industry to understand and succeed in the challenging market.


    1 Introduction
    1.1 What is this Report About?
    1.2 Definitions
    1.3 Methodology
    1.4 CAGR Definition and Calculation
    2 Group Life Insurance
    2.1 Total Group Life
    2.1.1 Gross Written Premiums
    2.1.2 Gross Written Premiums Forecast
    2.1.3 Direct Written Premiums
    2.1.4 Direct Written Premiums Forecast
    2.1.5 Insurance Penetration (Ratio of Direct Premiums to GDP)
    2.1.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast
    2.1.7 Number of Active Policies
    2.1.8 Number of Active Policies Forecast
    3 Group Life Insurance - By Product Type
    3.1 Life
    3.1.1 Gross Written Premiums
    3.1.2 Gross Written Premiums Forecast
    3.1.3 Direct Written Premiums
    3.1.4 Direct Written Premiums Forecast
    3.1.5 Number of Active Policies
    3.1.6 Number of Active Policies Forecast
    3.2 Superannuation
    3.2.1 Gross Written Premiums
    3.2.2 Gross Written Premiums Forecast
    3.2.3 Direct Written Premiums
    3.2.4 Direct Written Premiums Forecast
    3.2.5 Number of Active Policies
    3.2.6 Number of Active Policies Forecast
    3.3 Other Group
    3.3.1 Gross Written Premiums
    3.3.2 Gross Written Premiums Forecast
    3.3.3 Direct Written Premiums
    3.3.4 Direct Written Premiums Forecast
    3.3.5 Number of Active Policies
    3.3.6 Number of Active Policies Forecast
    4 Group Life Insurance - By Single/Non-Single Premiums
    4.1 Single Premiums
    4.1.1 Gross Written Premiums
    4.1.2 Gross Written Premiums Forecast
    4.1.3 Direct Written Premiums
    4.1.4 Direct Written Premiums Forecast
    4.1.5 Number of Active Policies
    4.1.6 Number of Active Policies Forecast
    4.2 Non-Single Premiums
    4.2.1 Gross Written Premiums
    4.2.2 Gross Written Premiums Forecast
    4.2.3 Direct Written Premiums
    4.2.4 Direct Written Premiums Forecast
    4.2.5 Number of Active Policies
    4.2.6 Number of Active Policies Forecast
    5 Appendix
    5.1 Exchange Rates
    5.2 About Timetric
    5.3 Timetric’s Services
    5.4 Disclaimer
    List of Tables
    Table 1: Timetric - Insurance Market Definitions
    Table 2: Indian Total Group Life Insurance; Gross Written Premiums (US$ Million), 2011 - 2015
    Table 3: Indian Total Group Life Insurance; Gross Written Premiums (INR Million), 2011 - 2015
    Table 4: Indian Total Group Life Insurance; Gross Written Premiums (US$ Million), 2016 - 2020
    Table 5: Indian Total Group Life Insurance; Gross Written Premiums (INR Million), 2016 - 2020
    Table 6: Indian Total Group Life Insurance; Direct Written Premiums (US$ Million), 2011 - 2015
    Table 7: Indian Total Group Life Insurance; Direct Written Premiums (INR Million), 2011 - 2015
    Table 8: Indian Total Group Life Insurance; Direct Written Premiums (US$ Million), 2016 - 2020
    Table 9: Indian Total Group Life Insurance; Direct Written Premiums (INR Million), 2016 - 2020
    Table 10: Indian Total Group Life Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
    Table 11: Indian Total Group Life Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
    Table 12: Indian Total Group Life Insurance; Number of Active Policies (Million), 2011 - 2015
    Table 13: Indian Total Group Life Insurance; Number of Active Policies (Million), 2016 - 2020
    Table 14: Indian Group Insurance by Life; Gross Written Premiums (US$ Million), 2011 - 2015
    Table 15: Indian Group Insurance by Life; Gross Written Premiums (INR Million), 2011 - 2015
    Table 16: Indian Group Insurance by Life; Gross Written Premiums (US$ Million), 2016 - 2020
    Table 17: Indian Group Insurance by Life; Gross Written Premiums (INR Million), 2016 - 2020
    Table 18: Indian Group Insurance by Life; Direct Written Premiums (US$ Million), 2011 - 2015
    Table 19: Indian Group Insurance by Life; Direct Written Premiums (INR Million), 2011 - 2015
    Table 20: Indian Group Insurance by Life; Direct Written Premiums (US$ Million), 2016 - 2020
    Table 21: Indian Group Insurance by Life; Direct Written Premiums (INR Million), 2016 - 2020
    Table 22: Indian Group Insurance By Life; Number of Active Policies (Million), 2011 - 2015
    Table 23: Indian Group Insurance by Life; Number of Active Policies (Million), 2016 - 2020
    Table 24: Indian Group Insurance by Superannuation; Gross Written Premiums (US$ Million), 2011 - 2015
    Table 25: Indian Group Insurance by Superannuation; Gross Written Premiums (INR Million), 2011 - 2015
    Table 26: Indian Group Insurance by Superannuation; Gross Written Premiums (US$ Million), 2016 - 2020
    Table 27: Indian Group Insurance by Superannuation; Gross Written Premiums (INR Million), 2016 - 2020
    Table 28: Indian Group Insurance by Superannuation; Direct Written Premiums (US$ Million), 2011 - 2015
    Table 29: Indian Group Insurance by Superannuation; Direct Written Premiums (INR Million), 2011 - 2015
    Table 30: Indian Group Insurance by Superannuation; Direct Written Premiums (US$ Million), 2016 - 2020
    Table 31: Indian Group Insurance by Superannuation; Direct Written Premiums (INR Million), 2016 - 2020
    Table 32: Indian Group Insurance by Superannuation Number of Active Policies (Million), 2011 - 2015
    Table 33: Indian Group Insurance by Superannuation Number of Active Policies (Million), 2016 - 2020
    Table 34: Indian Group Insurance by Other Group; Gross Written Premiums (US$ Million), 2011 - 2015
    Table 35: Indian Group Insurance by Other Group; Gross Written Premiums (INR Million), 2011 - 2015
    Table 36: Indian Group Insurance by Other Group; Gross Written Premiums (US$ Million), 2016 - 2020
    Table 37: Indian Group Insurance by Other Group; Gross Written Premiums (INR Million), 2016 - 2020
    Table 38: Indian Group Insurance by Other Group; Direct Written Premiums (US$ Million), 2011 - 2015
    Table 39: Indian Group Insurance by Other Group; Direct Written Premiums (INR Million), 2011 - 2015
    Table 40: Indian Group Insurance by Other Group; Direct Written Premiums (US$ Million), 2016 - 2020
    Table 41: Indian Group Insurance by Other Group; Direct Written Premiums (INR Million), 2016 - 2020
    Table 42: Indian Group Insurance by Other Group; Number of Active Policies (Million), 2011 - 2015
    Table 43: Indian Group Insurance by Other Group; Number of Active Policies (Million), 2016 - 2020
    Table 44: Indian Group Insurance by Single Premiums; Gross Written Premiums (US$ Million), 2011 - 2015
    Table 45: Indian Group Insurance by Single Premiums; Gross Written Premiums (INR Million), 2011 - 2015
    Table 46: Indian Group Insurance by Single Premiums; Gross Written Premiums (US$ Million), 2016 - 2020
    Table 47: Indian Group Insurance by Single Premiums; Gross Written Premiums (INR Million), 2016 - 2020
    Table 48: Indian Group Insurance by Single Premiums; Direct Written Premiums (US$ Million), 2011 - 2015
    Table 49: Indian Group Insurance by Single Premiums; Direct Written Premiums (INR Million), 2011 - 2015
    Table 50: Indian Group Insurance by Single Premiums; Direct Written Premiums (US$ Million), 2016 - 2020
    Table 51: Indian Group Insurance by Single Premiums; Direct Written Premiums (INR Million), 2016 - 2020
    Table 52: Indian Group Insurance by Single Premiums Number of Active Policies (Million), 2011 - 2015
    Table 53: Indian Group Insurance by Single Premiums Number of Active Policies (Million), 2016 - 2020
    Table 54: Indian Group Insurance By Non-Single Premiums; Gross Written Premiums (US$ Million), 2011 - 2015
    Table 55: Indian Group Insurance By Non-Single Premiums; Gross Written Premiums (INR Million), 2011 - 2015
    Table 56: Indian Group Insurance By Non-Single Premiums; Gross Written Premiums (US$ Million), 2016 - 2020
    Table 57: Indian Group Insurance By Non-Single Premiums; Gross Written Premiums (INR Million), 2016 - 2020
    Table 58: Indian Group Insurance By Non-Single Premiums; Direct Written Premiums (US$ Million), 2011 - 2015
    Table 59: Indian Group Insurance By Non-Single Premiums; Direct Written Premiums (INR Million), 2011 - 2015
    Table 60: Indian Group Insurance By Non-Single Premiums; Direct Written Premiums (US$ Million), 2016 - 2020
    Table 61: Indian Group Insurance By Non-Single Premiums; Direct Written Premiums (INR Million), 2016 - 2020
    Table 62: Indian Group Insurance By Non-Single Premiums Number of Active Policies (Million), 2011 - 2015
    Table 63: Indian Group Insurance By Non-Single Premiums Number of Active Policies (Million), 2016 - 2020
    Table 64: Exchange Rates (Annual Average), 2011 – 2015
    Table 65: Exchange Rates (Annual Average), 2016 – 2020
    List of Figures
    Figure 1: Indian Total Group Life Insurance; Gross Written Premiums (INR Million), 2011 - 2015
    Figure 2: Indian Total Group Life Insurance; Gross Written Premiums (INR Million), 2016 - 2020
    Figure 3: Indian Total Group Life Insurance; Direct Written Premiums (INR Million), 2011 - 2015
    Figure 4: Indian Total Group Life Insurance; Direct Written Premiums (INR Million), 2016 - 2020
    Figure 5: Indian Total Group Life Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
    Figure 6: Indian Total Group Life Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
    Figure 7: Indian Total Group Life Insurance; Number of Active Policies (Million), 2011 - 2015
    Figure 8: Indian Total Group Life Insurance; Number of Active Policies (Million), 2016 - 2020
    Figure 9: Indian Group Insurance by Life; Gross Written Premiums (INR Million) 2011 - 2015
    Figure 10: Indian Group Insurance by Life; Gross Written Premiums (INR Million) 2016 - 2020
    Figure 11: Indian Group Insurance by Life; Direct Written Premiums (INR Million) 2011 - 2015
    Figure 12: Indian Group Insurance by Life; Direct Written Premiums (INR Million) 2016 - 2020
    Figure 13: Indian Group Insurance by Life; Number of Active Policies (Million), 2011 - 2015
    Figure 14: Indian Group Insurance By Life Number of Active Policies (Million), 2016 - 2020
    Figure 15: Indian Group Insurance by Superannuation; Gross Written Premiums (INR Million) 2011 - 2015
    Figure 16: Indian Group Insurance by Superannuation; Gross Written Premiums (INR Million) 2016 - 2020
    Figure 17: Indian Group Insurance by Superannuation; Direct Written Premiums (INR Million) 2011 - 2015
    Figure 18: Indian Group Insurance by Superannuation; Direct Written Premiums (INR Million) 2016 - 2020
    Figure 19: Indian Group Insurance by Superannuation Number of Active Policies (Million), 2011 - 2015
    Figure 20: Indian Group Insurance by Superannuation Number of Active Policies (Million), 2016 - 2020
    Figure 21: Indian Group Insurance by Other Group; Gross Written Premiums (INR Million) 2011 - 2015
    Figure 22: Indian Group Insurance by Other Group; Gross Written Premiums (INR Million) 2016 - 2020
    Figure 23: Indian Group Insurance by Other Group; Direct Written Premiums (INR Million) 2011 - 2015
    Figure 24: Indian Group Insurance by Other Group; Direct Written Premiums (INR Million) 2016 - 2020
    Figure 25: Indian Group Insurance by Other Group; Number of Active Policies (Million), 2011 - 2015
    Figure 26: Indian Group Insurance by Other Group; Number of Active Policies (Million), 2016 - 2020
    Figure 27: Indian Group Insurance by Single Premiums; Gross Written Premiums (INR Million) 2011 - 2015
    Figure 28: Indian Group Insurance by Single Premiums; Gross Written Premiums (INR Million) 2016 - 2020
    Figure 29: Indian Group Insurance by Single Premiums; Direct Written Premiums (INR Million) 2011 - 2015
    Figure 30: Indian Group Insurance by Single Premiums; Direct Written Premiums (INR Million) 2016 - 2020
    Figure 31: Indian Group Insurance by Single Premiums Number of Active Policies (Million), 2011 - 2015
    Figure 32: Indian Group Insurance by Single Premiums Number of Active Policies (Million), 2016 - 2020
    Figure 33: Indian Group Insurance By Non-Single Premiums; Gross Written Premiums (INR Million) 2011 - 2015
    Figure 34: Indian Group Insurance By Non-Single Premiums; Gross Written Premiums (INR Million) 2016 - 2020
    Figure 35: Indian Group Insurance By Non-Single Premiums; Direct Written Premiums (INR Million) 2011 - 2015
    Figure 36: Indian Group Insurance By Non-Single Premiums; Direct Written Premiums (INR Million) 2016 - 2020
    Figure 37: Indian Group Insurance By Non-Single Premiums Number of Active Policies (Million), 2011 - 2015
    Figure 38: Indian Group Insurance By Non-Single Premiums Number of Active Policies (Million), 2016 - 2020

    Download our eBook: How to Succeed Using Market Research

    Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

    Download eBook

    Share this report