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Value of total life insurance premiums written by Indian insurers from financial year 2002 to 2024 (in trillion Indian rupees)

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Source

Release date

November 2024

Region

India

Survey time period

FY 2002 to FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2025 started in April 2024 and ended in March 2025.

One Indian rupee is equal to 0.012 U.S. dollars and 0.010 euros (as of May 2025).

Values have been rounded.

Citation formats

Value of total life insurance premiums in India FY 2002-2024

Published by Jenny Yang, May 27, 2025

Indian Life Insurance Industry had written over *** trillion Indian rupees worth of life insurance premiums in the financial year 2024. This was a significant growth in premiums from the previous financial year. The linear rise in premium was recorded over the years from the financial year 2002 except for the slight fall in the financial year 2012 in the country.

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