Top Life Insurers in India — Side-by-Side Comparison
LIC, HDFC Life, SBI Life, ICICI Prudential Life, and Axis Max Life compared on key regulatory metrics. All data from IRDAI public disclosures.
Latest available period shown per metric per insurer.
| Metric | LIC | HDFC Life Insurance | SBI Life Insurance | ICICI Prudential Life Insurance | Axis Max Life Insurance |
|---|---|---|---|---|---|
| GWP (₹ cr) | 4,88,849 FY25-03 | 71,045 FY24-25 | 84,985 FY25-03 | 48,951 FY25-03 | 33,223 FY24-25 |
| CSR (%) | 92.87% Q1 FY26-27 | — | — | — | 97.12% Q1 FY26-27 |
| 13M Persistency | 70.38% Q1 FY26-27 | 80.00% Q1 FY26-27 | 84.35% Q1 FY26-27 | 81.50% Q1 FY26-27 | 81.00% Q1 FY26-27 |
| 61M Persistency | 61.27% Q1 FY26-27 | 65.50% Q1 FY26-27 | 59.10% Q1 FY26-27 | 63.20% Q1 FY26-27 | 58.00% Q1 FY26-27 |
| Solvency | 2.42× Q1 FY26-27 | 1.85× Q1 FY26-27 | 1.96× Q1 FY26-27 | 2.12× Q4 FY24-25 | 1.98× Q1 FY26-27 |
Source: IRDAI L-22, L-40 public disclosures and NSE quarterly filings. CSR = claim settlement ratio. Persistency = regular premium, premium basis.Life insurer rankings → ·FY2024-25 annual review →