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Market share of life insurance industry in India from financial year 2017 to 2024, by type of insurer

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Source

Release date

February 2025

Region

India

Survey time period

FY 2017 to FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

Previous reports have been accessed for historical data.

Citation formats

Market share of life insurance industry India FY 2017-2024, by type of insurer

Published by Jenny Yang, Jun 16, 2025

The market share of state-owned Life Insurance Corporation of India experienced a decline from ** percent in the financial year 2017 to over ** percent in 2024. This meant that private players gained traction and reported an increase in makret share over the years.

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Statistics on " Insurance industry in India "

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Other statistics that may interest you Insurance industry in India

Overview

6

Life insurance

5

Non-life insurance

5

Private players

5

Public sector

5

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Topics

Life insurance industry in IndiaLife insurance worldwideInsurance industry in IndiaGlobal insurance industry
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