Aum Of Life Insurance Companies In India

During the year 2017 18 the total premium collected by lic stood at rs. Lic india accounts for 78 of the total aum of life insurance industry with assets of rs 27 61 lakh crore.

Previously you must understand the background of insurance and get some Aum of life insurance companies in india references in other articles on this website.

In terms of growth percentage the aum of private life insurers grew faster compared to lic.

Aum of life insurance companies in india. Max life insurance company is a joint venture between indian max india ltd a multi business. Private insurers witnessed a growth of 17 in aum from rs 6 62 lakh crore as on march 2018 to rs 7 72 lakh crore as on march 2019. Lic india aum grew 9 24 last fiscal.

Established in 2004 sahara life insurance is india s first wholly owned private life. Top 20 life insurance companies in india list 2020 bajaj allianz birla sun life hdfc life icici prudential exide life lic max life pnb metlife kotak life sbi life tata aia reliance life aviva life shriram life bharti axa future generali idbi federal canara hsbc obc aegon life dlf pramerica star. On 30 september 2020 the company had a total sum assured of 18 06 lakh crore icici prudential life insurance company s aum cross 2 lakh crore 1 min read.

For the year 2017 18 the total individual death claims or claim settlement ratio of lic was 98 04. On the other hand private life insurers managed over rs 7 lakh crore assets last fiscal. Life insurance corporation of india lic life insurance corporation of india lic is one of the oldest state owned insurance companies in india.

11 dec 2020 08 23 pm.

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