Summary

• Page properties (1 modified, 0 added, 0 removed)

Details

Page properties

Content

...	...	@@ -18,7 +18,7 @@
18	18
19	19	(% style="width:554px" %)
20	20	|(% style="width:113px" %)**Year**|(% style="width:438px" %)**Particulars**
21		-|(% style="width:113px" %)FY2001|(% style="width:438px" %)Our company started operations
	21	+|(% style="width:113px" %)FY2001|(% style="width:438px" %)Company started operations
22	22	|(% style="width:113px" %)FY2002|(% style="width:438px" %)Crossed the mark of 100,000 policies
23	23	|(% style="width:113px" %)FY2005|(% style="width:438px" %)Crossed the mark of 1 million policies
24	24	|(% style="width:113px" %)FY2008|(% style="width:438px" %)Crossed the mark of 5 million policies
...	...	@@ -32,7 +32,6 @@
32	32	|(% style="width:113px" %)FY2017|(% style="width:438px" %)First insurance company in India to list on NSE and BSE
33	33	|(% style="width:113px" %)FY2021|(% style="width:438px" %)Crossed Rs 2 trillion of assets under management
34	34
35		-
36	36	== Insurance Plans ==
37	37
38	38	**Term Insurance Plan**
...	...	@@ -104,7 +104,7 @@
104	104
105	105	== Insurance industry structure ==
106	106
107		-The size of the Indian life insurance sector was Rs 5.1 trillion9 on a total premium basis in FY2019, making it the tenth-largest life insurance market in the world10 and the fifth-largest in Asia10. The total premium in the Indian life insurance sector grew at a CAGR of approximately 15% between FY2002 and FY2019 outpacing the GDP CAGR of 13% during the same period. Based on retail weighted received premium (RWRP), new business premium of the industry has grown at a CAGR of 11% during FY2002 to FY2020. {{footnote}}https://www.bseindia.com/bseplus/AnnualReport/540133/5401330320.pdf{{/footnote}}
	106	+The size of the Indian life insurance sector was Rs 5.1 trillion on a total premium basis in FY2019, making it the tenth-largest life insurance market in the world and the fifth-largest in Asia. The total premium in the Indian life insurance sector grew at a CAGR of approximately 15% between FY2002 and FY2019 outpacing the GDP CAGR of 13% during the same period. Based on retail weighted received premium (RWRP), new business premium of the industry has grown at a CAGR of 11% during FY2002 to FY2020. {{footnote}}https://www.bseindia.com/bseplus/AnnualReport/540133/5401330320.pdf{{/footnote}}
108	108
109	109	The Indian Life Insurance industry has 24 companies including Life Insurance Corporation of India (LIC). The top 5 private sector companies contribute to 39.7%9 of the market.
110	110