annual report 2009-10 - IRDA

ANNUAL REPORT 2009-10GROUP NEW BUSINESS PERFORMANCE OF LIFE INSURERS - CHANNEL WISECont’d.... STATEMENT 6(Premium in ` Crore) (Schemes and lives in nos.)Insurer Individual Agents Corporate Agents Brokers Direct Selling Total Group New Business ReferralsBanks Others*Schemes Lives Premium Schemes Lives Premium Schemes Lives Premium Schemes Lives Premium Schemes Lives Premium Schemes Lives Premium Schemes Lives Premiumcovered covered covered covered covered covered coveredMetLife 10 33668 8.68 0 17276 43.05 4 3737 0.11 88 122894 8.44 89 427011 64.86 191 604586 125.15 3 9038 39.48(5.24) (5.57) (6.94) (0.00) (2.86) (34.40) (2.09) (0.62) (0.09) (46.07) (20.33) (6.74) (46.60) (70.63) (51.83) (100.00) (100.00) (100.00) (1.57) (1.50) (31.55)Reliance Life 2 11 0.07 0 0 0.00 1 1 0.00 70 427960 5.63 450 518495 526.55 523 946467 532.26 0 0 0.00(0.38) (0.00) (0.01) (0.00) (0.00) (0.00) (0.19) (0.00) (0.00) (13.38) (45.22) (1.06) (86.04) (54.78) (98.93) (100.00) (100.00) (100.00) (0.00) (0.00) (0.00)Sahara 0 0 0.00 0 0 0.00 0 0 0.00 0 0 0.00 6 2212630 17.98 6 2212630 17.98 0 0 0.00(0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (100.00) (100.00) (100.00) (100.00) (100.00) (100.00) (0.00) (0.00) (0.00)SBI Life 0 0 0.00 37 1007843 469.23 24 318350 17.68 0 0 0.00 131 287055 2058.58 192 1613248 2545.49 0 0 0.00(0.00) (0.00) (0.00) (19.27) (62.47) (18.43) (12.50) (19.73) (0.69) (0.00) (0.00) (0.00) (68.23) (17.79) (80.87) (100.00) (100.00) (100.00) (0.00) (0.00) (0.00)Shriram 0 0 0.00 0 0 0.00 1 147686 36.97 2 244 0.01 8 61419 0.46 11 209349 37.44 0 0 0.00(0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (9.10) (70.55) (98.74) (18.18) (0.12) (0.03) (72.73) (29.34) (1.23) (100.00) (100.00) (100.00) (0.00) (0.00) (0.00)Star Union Dai-ichi 0 0 0.00 40 71054 29.47 0 0 0.00 0 0 0.00 0.00 0.00 0.00 40 71054 29.47 0 0 0.00(0.00) (0.00) (0.00) (100.00) (100.00) (100.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (100.00) (100.00) (100.00) (0.00) (0.00) (0.00)TATA AIG 8 2385 4.07 0 256 0.35 1 12 0.05 15 706 5.44 61 161584 176.75 85 164943 186.67 0 0 0.00(9.41) (1.45) (2.18) (0.00) (0.16) (0.19) (1.18) (0.01) (0.03) (17.65) (0.43) (2.92) (71.76) (97.96) (94.69) (100.00) (100.00) (100.00) (0.00) (0.00) (0.00)IndiaFirst 0 0 0.00 0 0 0.00 0 0 0.00 0 0 0.00 0 0 0.00 0 0 0.00 0 0 0(0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00)Private Total 192 106937 50.91 89 1121800 587.79 548 5000120 336.40 899 4102801 127.30 3164 31628138 5675.34 4892 41959796 6777.74 13 53746 42.29(3.92) (0.25) (0.75) (1.82) (2.68) (8.67) (11.20) (11.92) (4.96) (18.38) (9.78) (1.88) (64.68) (75.38) (83.74) (100.00) (100.00) (100.00) (0.27) (0.13) (0.62)LIC 3444 8889099 1566.21 355 59534 11.78 1343 1539130 65.33 173 824132 220.60 18448 27421594 19196.72 23763 38733489 21060.64 0 0 0.00(14.49) (22.95) (7.44) (1.49) (0.15) (0.06) (5.65) (3.97) (0.31) (0.73) (2.13) (1.05) (77.63) (70.80) (91.15) (100.00) (100.00) (100.00) (0.00) (0.00) (0.00)Industry Total 3636 8996036 1617.12 444 1181334 599.57 1891 6539250 401.73 1072 4926933 347.90 21612 59049732 24872.06 28655 80693285 27838.37 13 53746 42.29(12.69) (11.15) (5.81) (1.55) (1.46) (2.15) (6.60) (8.10) (1.44) (3.74) (6.11) (1.25) (75.42) (73.18) (89.34) (100.00) (100.00) (100.00) (0.05) (0.07) (0.15)Note: 1) Figures in brackets show percentage to total group new business of each insurer procured through the respective channel.2) New business premium includes first year premium and single premium.3) The leads obtained through referral arrangements have been included in the respective channels. * Any entity other than banks but licenced as a corporate agent.96