India Life Insurance Market Summary, Competitive Analysis and Forecast to 2027

MarketLine
45 Pages - MLINE17893
$350.00

Summary

Life Insurance in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The Indian life insurance market had total gross written premiums of $104,718.6 million in 2022, representing a compound annual growth rate (CAGR) of 11% between 2017 and 2022.
- The Life Insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $81,238.4 million, equivalent to 77.6% of the market's overall value.
- The Pension/Annuity segment contributed gross written premiums of $23,480.3 million in 2022, equating to 22.4% of the market's aggregate value.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in India
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India life insurance market with five year forecasts

Reasons to Buy

- What was the size of the India life insurance market by value in 2022?
- What will be the size of the India life insurance market in 2027?
- What factors are affecting the strength of competition in the India life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up India's life insurance market?

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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What are the strengths of leading players?
7.5. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. HDFC Life Insurance Co Ltd
8.2. ICICI Prudential Life Insurance Co Ltd
8.3. Max Life insurance Co Ltd
8.4. SBI Life Insurance Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List of Tables
Table 1: India life insurance market value: $ billion, 2017-22(e)
Table 2: India life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: India life insurance market category segmentation: $ billion, 2017-2022
Table 4: India life insurance market geography segmentation: $ billion, 2022(e)
Table 5: India life insurance market value forecast: $ billion, 2022-27
Table 6: India life insurance market share: % share, by value, 2022(e)
Table 7: HDFC Life Insurance Co Ltd: key facts
Table 8: HDFC Life Insurance Co Ltd: Annual Financial Ratios
Table 9: HDFC Life Insurance Co Ltd: Key Employees
Table 10: ICICI Prudential Life Insurance Co Ltd: key facts
Table 11: ICICI Prudential Life Insurance Co Ltd: Annual Financial Ratios
Table 12: ICICI Prudential Life Insurance Co Ltd: Key Employees
Table 13: Max Life insurance Co Ltd: key facts
Table 14: Max Life insurance Co Ltd: Key Employees
Table 15: Max Life insurance Co Ltd: Key Employees Continued
Table 16: SBI Life Insurance Co Ltd: key facts
Table 17: SBI Life Insurance Co Ltd: Annual Financial Ratios
Table 18: SBI Life Insurance Co Ltd: Key Employees
Table 19: India size of population (million), 2018–22
Table 20: India gdp (constant 2005 prices, $ billion), 2018–22
Table 21: India gdp (current prices, $ billion), 2018–22
Table 22: India inflation, 2018–22
Table 23: India consumer price index (absolute), 2018–22
Table 24: India exchange rate, 2016–20

List of Figures
Figure 1: India life insurance market value: $ billion, 2017-22(e)
Figure 2: India life insurance market category segmentation: $ billion, 2017-2022
Figure 3: India life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: India life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in India, 2022
Figure 6: Drivers of buyer power in the life insurance market in India, 2022
Figure 7: Drivers of supplier power in the life insurance market in India, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in India, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in India, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in India, 2022
Figure 11: India life insurance market share: % share, by value, 2022(e)

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