Market Research Logo

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

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

Synopsis

Timetric’s "Individual Life Insurance in India to 2020: Market Size, Growth and Forecast Analytics" contains detailed historic and forecast data covering Individual Life Insurance in India. This databook provides values for key performance indicators such as policies and premiums (gross written premiums, number of active policies, direct written premiums and insurance penetration (ratio of direct premiums to GDP)) and segmented by product type (whole life, pension, general annuity and other individual insurances).

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

Individual Life Insurance is a kind of life insurance policy where a single contract covers a single insured.

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

Individual 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 Individual Life Insurance.
  • Values of policies and premiums by product type (whole life, pension, general annuity and other individual insurances)
  • Reasons To Buy
    • Understand the individual life insurance market top level numbers in India.
    • Enhance your knowledge of the market with a breakdown of data including gross written premiums, number of active policies, direct written premiums and insurance penetration (ratio of direct premiums to GDP) and segmented by product type (whole life, pension, general annuity and other individual insurances).
    • Allows you to plan future business decisions using the forecast figures given for the segment.
    • The broad but detailed perspective will help 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 Summary Methodology
    1.4 CAGR Definition and Calculation
    2 Total Individual Life Insurance - Industry Analysis
    2.1 Total Individual Life Insurance
    2.1.1 Gross Written Premiums, 2011 - 2015
    2.1.2 Gross Written Premiums Forecast, 2016 - 2020
    2.1.3 Direct Written Premiums, 2011 - 2015
    2.1.4 Direct Written Premiums Forecast, 2016 - 2020
    2.1.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
    2.1.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020
    2.1.7 Number of Active Policies (Million), 2011 - 2015
    2.1.8 Number of Active Policies (Million), 2016 - 2020
    3 Total Individual Life Insurance - By Product Type
    3.1 Whole Life insurance
    3.1.1 Gross Written Premiums, 2011 - 2015
    3.1.2 Gross Written Premiums Forecast, 2016 - 2020
    3.1.3 Direct Written Premiums, 2011 - 2015
    3.1.4 Direct Written Premiums Forecast, 2016 - 2020
    3.1.5 Number of Active Policies (Million), 2011 - 2015
    3.1.6 Number of Active Policies (Million), 2016 - 2020
    3.2 Pension Insurance
    3.2.1 Gross Written Premiums, 2011 - 2015
    3.2.2 Gross Written Premiums Forecast, 2016 - 2020
    3.2.3 Direct Written Premiums, 2011 - 2015
    3.2.4 Direct Written Premiums Forecast, 2016 - 2020
    3.2.5 Number of Active Policies (Million), 2011 - 2015
    3.2.6 Number of Active Policies (Million), 2016 - 2020
    3.3 General Annuity Insurance
    3.3.1 Gross Written Premiums, 2011 - 2015
    3.3.2 Gross Written Premiums Forecast, 2016 - 2020
    3.3.3 Direct Written Premiums, 2011 - 2015
    3.3.4 Direct Written Premiums Forecast, 2016 - 2020
    3.3.5 Number of Active Policies (Million), 2011 - 2015
    3.3.6 Number of Active Policies (Million), 2016 - 2020
    3.4 Other Individual Insurance
    3.4.1 Gross Written Premiums, 2011 - 2015
    3.4.2 Gross Written Premiums Forecast, 2016 - 2020
    3.4.3 Direct Written Premiums, 2011 - 2015
    3.4.4 Direct Written Premiums Forecast, 2016 - 2020
    3.4.5 Number of Active Policies (Million), 2011 - 2015
    3.4.6 Number of Active Policies (Million), 2016 - 2020
    4 Individual Life Insurance - By Single/Non Single Premiums
    4.1 By Single Premiums
    4.1.1 Gross Written Premiums, 2011 - 2015
    4.1.2 Gross Written Premiums Forecast, 2016 - 2020
    4.1.3 Direct Written Premiums, 2011 - 2015
    4.1.4 Direct Written Premiums Forecast, 2016 - 2020
    4.1.5 Number of Active Policies (Million), 2011 - 2015
    4.1.6 Number of Active Policies (Million), 2016 - 2020
    4.2 By Non Single Premiums
    4.2.1 Gross Written Premiums, 2011 - 2015
    4.2.2 Gross Written Premiums Forecast, 2016 - 2020
    4.2.3 Direct Written Premiums, 2011 - 2015
    4.2.4 Direct Written Premiums Forecast, 2016 - 2020
    4.2.5 Number of Active Policies (Million), 2011 - 2015
    4.2.6 Number of Active Policies (Million), 2016 - 2020
    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 Individual Life Insurance; Gross Written Premiums (US$ Billion), 2011 - 2015
    Table 3: Indian Total Individual Life Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Table 4: Indian Total Individual Life Insurance; Gross Written Premiums (US$ Billion), 2016 - 2020
    Table 5: Indian Total Individual Life Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Table 6: Indian Total Individual Life Insurance; Direct Written Premiums (US$ Billion), 2011 - 2015
    Table 7: Indian Total Individual Life Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Table 8: Indian Total Individual Life Insurance; Direct Written Premiums (US$ Billion), 2016 - 2020
    Table 9: Indian Total Individual Life Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Table 10: Indian Total Individual Life Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP) , 2011 - 2015
    Table 11: Indian Total Individual Life Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020
    Table 12: Indian Total Individual Life Insurance; Number of Active Policies (Million), 2011 - 2015
    Table 13: Indian Total Individual Life Insurance; Number of Active Policies (Million), 2016 - 2020
    Table 14: Indian Whole Life Insurance; Gross Written Premiums (US$ Billion), 2011 - 2015
    Table 15: Indian Whole Life Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Table 16: Indian Whole Life Insurance; Gross Written Premiums (US$ Billion), 2016 - 2020
    Table 17: Indian Whole Life Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Table 18: Indian Whole Life Insurance; Direct Written Premiums (US$ Billion), 2011 - 2015
    Table 19: Indian Whole Life Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Table 20: Indian Whole Life Insurance; Direct Written Premiums (US$ Billion), 2016 - 2020
    Table 21: Indian Whole Life Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Table 22: Indian Whole Life Insurance; Number of Active Policies (Million), 2011 - 2015
    Table 23: Indian Whole Life Insurance; Number of Active Policies (Million), 2016 - 2020
    Table 24: Indian Pension Insurance; Gross Written Premiums (US$ Billion), 2011 - 2015
    Table 25: Indian Pension Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Table 26: Indian Pension Insurance; Gross Written Premiums (US$ Billion), 2016 - 2020
    Table 27: Indian Pension Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Table 28: Indian Pension Insurance; Direct Written Premiums (US$ Billion), 2011 - 2015
    Table 29: Indian Pension Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Table 30: Indian Pension Insurance; Direct Written Premiums (US$ Billion), 2016 - 2020
    Table 31: Indian Pension Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Table 32: Indian Pension Insurance; Number of Active Policies (Million), 2011 - 2015
    Table 33: Indian Pension Insurance; Number of Active Policies (Million), 2016 - 2020
    Table 34: Indian General Annuity Insurance; Gross Written Premiums (US$ Billion), 2011 - 2015
    Table 35: Indian General Annuity Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Table 36: Indian General Annuity Insurance; Gross Written Premiums (US$ Billion), 2016 - 2020
    Table 37: Indian General Annuity Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Table 38: Indian General Annuity Insurance; Direct Written Premiums (US$ Billion), 2011 - 2015
    Table 39: Indian General Annuity Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Table 40: Indian General Annuity Insurance; Direct Written Premiums (US$ Billion), 2016 - 2020
    Table 41: Indian General Annuity Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Table 42: Indian General Annuity Insurance; Number of Active Policies (Million), 2011 - 2015
    Table 43: Indian General Annuity Insurance; Number of Active Policies (Million), 2016 - 2020
    Table 44: Indian Other Individual Insurance; Gross Written Premiums (US$ Billion), 2011 - 2015
    Table 45: Indian Other Individual Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Table 46: Indian Other Individual Insurance; Gross Written Premiums (US$ Billion), 2016 - 2020
    Table 47: Indian Other Individual Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Table 48: Indian Other Individual Insurance; Direct Written Premiums (US$ Billion), 2011 - 2015
    Table 49: Indian Other Individual Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Table 50: Indian Other Individual Insurance; Direct Written Premiums (US$ Billion), 2016 - 2020
    Table 51: Indian Other Individual Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Table 52: Indian Other Individual Insurance; Number of Active Policies (Million), 2011 - 2015
    Table 53: Indian Other Individual Insurance; Number of Active Policies (Million), 2016 - 2020
    Table 54: Indian Single Premiums; Gross Written Premiums (US$ Billion), 2011 - 2015
    Table 55: Indian Single Premiums; Gross Written Premiums (INR Billion), 2011 - 2015
    Table 56: Indian Single Premiums; Gross Written Premiums (US$ Billion), 2016 - 2020
    Table 57: Indian Single Premiums; Gross Written Premiums (INR Billion), 2016 - 2020
    Table 58: Indian Single Premiums; Direct Written Premiums (US$ Billion), 2011 - 2015
    Table 59: Indian Single Premiums; Direct Written Premiums (INR Billion), 2011 - 2015
    Table 60: Indian Single Premiums; Direct Written Premiums (US$ Billion), 2016 - 2020
    Table 61: Indian Single Premiums; Direct Written Premiums (INR Billion), 2016 - 2020
    Table 62: Indian Single Premiums; Number of Active Policies (Million), 2011 - 2015
    Table 63: Indian Single Premiums; Number of Active Policies (Million), 2016 - 2020
    Table 64: Indian Non Single Premiums; Gross Written Premiums (US$ Billion), 2011 - 2015
    Table 65: Indian Non Single Premiums; Gross Written Premiums (INR Billion), 2011 - 2015
    Table 66: Indian Non Single Premiums; Gross Written Premiums (US$ Billion), 2016 - 2020
    Table 67: Indian Non Single Premiums; Gross Written Premiums (INR Billion), 2016 - 2020
    Table 68: Indian Non Single Premiums; Direct Written Premiums (US$ Billion), 2011 - 2015
    Table 69: Indian Non Single Premiums; Direct Written Premiums (INR Billion), 2011 - 2015
    Table 70: Indian Non Single Premiums; Direct Written Premiums (US$ Billion), 2016 - 2020
    Table 71: Indian Non Single Premiums; Direct Written Premiums (INR Billion), 2016 - 2020
    Table 72: Indian Non Single Premiums; Number of Active Policies (Million), 2011 - 2015
    Table 73: Indian Non Single Premiums; Number of Active Policies (Million), 2016 - 2020
    Table 74: Exchange Rates (Annual Average), 2011 – 2015
    Table 75: Exchange Rates (Annual Average), 2016 – 2020
    List of Figures
    Figure 1: Indian Total Individual Life Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Figure 2: Indian Total Individual Life Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Figure 3: Indian Total Individual Life Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Figure 4: Indian Total Individual Life Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Figure 5: Indian Total Individual Life Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP) , 2011 - 2015
    Figure 6: Indian Total Individual Life Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020
    Figure 7: Indian Total Individual Life Insurance; Number of Active Policies (Million), 2011 - 2015
    Figure 8: Indian Total Individual Life Insurance; Number of Active Policies (Million), 2016 - 2020
    Figure 9: Indian Whole Life Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Figure 10: Indian Whole Life Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Figure 11: Indian Whole Life Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Figure 12: Indian Whole Life Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Figure 13: Indian Whole Life Insurance; Number of Active Policies (Million), 2011 - 2015
    Figure 14: Indian Whole Life Insurance; Number of Active Policies (Million), 2016 - 2020
    Figure 15: Indian Pension Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Figure 16: Indian Pension Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Figure 17: Indian Pension Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Figure 18: Indian Pension Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Figure 19: Indian Pension Insurance; Number of Active Policies (Million), 2011 - 2015
    Figure 20: Indian Pension Insurance; Number of Active Policies (Million), 2016 - 2020
    Figure 21: Indian General Annuity Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Figure 22: Indian General Annuity Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Figure 23: Indian General Annuity Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Figure 24: Indian General Annuity Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Figure 25: Indian General Annuity Insurance; Number of Active Policies (Million), 2011 - 2015
    Figure 26: Indian General Annuity Insurance; Number of Active Policies (Million), 2016 - 2020
    Figure 27: Indian Other Individual Insurance; Gross Written Premiums (INR Billion), 2011 - 2015
    Figure 28: Indian Other Individual Insurance; Gross Written Premiums (INR Billion), 2016 - 2020
    Figure 29: Indian Other Individual Insurance; Direct Written Premiums (INR Billion), 2011 - 2015
    Figure 30: Indian Other Individual Insurance; Direct Written Premiums (INR Billion), 2016 - 2020
    Figure 31: Indian Other Individual Insurance; Number of Active Policies (Million), 2011 - 2015
    Figure 32: Indian Other Individual Insurance; Number of Active Policies (Million), 2016 - 2020
    Figure 33: Indian Single Premiums; Gross Written Premiums (INR Billion), 2011 - 2015
    Figure 34: Indian Single Premiums; Gross Written Premiums (US$ Billion), 2016 - 2020
    Figure 35: Indian Single Premiums; Direct Written Premiums (INR Billion), 2011 - 2015
    Figure 36: Indian Single Premiums; Direct Written Premiums (INR Billion), 2016 - 2020
    Figure 37: Indian Single Premiums; Number of Active Policies (Million), 2011 - 2015
    Figure 38: Indian Single Premiums; Number of Active Policies (Million), 2016 - 2020
    Figure 39: Indian Non Single Premiums; Gross Written Premiums (INR Billion), 2011 - 2015
    Figure 40: Indian Non Single Premiums; Gross Written Premiums (INR Billion), 2016 - 2020
    Figure 41: Indian Non Single Premiums; Direct Written Premiums (INR Billion), 2011 - 2015
    Figure 42: Indian Non Single Premiums; Direct Written Premiums (INR Billion), 2016 - 2020
    Figure 43: Indian Non Single Premiums; Number of Active Policies (Million), 2011 - 2015
    Figure 44: Indian 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