26 March 2011

Indian Life insurance – sector data update (April- Feb 2011) :: RBS

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During April-February 2011, the retail-weighted new business premium (RWNBP) for the industry
as a whole declined 3% yoy to Rs417bn.
During the same period, Life Insurance Corporation of India (LIC) saw 10% yoy RWNBP growth
to Rs217bn while private players posted about 15% yoy RWNBP decline to Rs200bn.
During the same period, among the stocks under our coverage, HDFC Standard Life registered
18% yoy RWNBP growth while ICICI Prudential Life and SBI Life saw 18-20% decline.



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