Aviva Life Insurance Insurance Data
Indian subsidiary of Aviva plc, UK.
Aviva Life Insurance is a life insurance company licensed by IRDAI (registration number 122). Its solvency ratio of 1.93× as of Q4 FY24-25 exceeds the IRDAI mandatory minimum of 1.5×, ranking 17th among 25 life insurers. The company reported gross written premium of ₹1307 crore in FY25-03, ranking 20th by premium among 25 life insurers. Its claims settlement ratio of 93.1% in Q3 FY24-25, placing it 9th among 10 life insurers with available data.
Peer rank among life insurers with data for that metric. Not shown when fewer than 3 peers have data.
Premium
| gross written premium | ₹1,307 crore | FY25-03 |
Solvency
| solvency ratio | 1.93× | Q4 FY24-25 |
Claim Settlement
| claim settlement ratio | 93.1% | Q3 FY24-25 |
Persistency
| 61st month persistency by policy count | 42.7% | FY24-25 |
| 37th month persistency by policy count | 44.2% | FY24-25 |
| 13th month persistency by policy count | 63.1% | FY24-25 |
| 25th month persistency by policy count | 52.1% | FY24-25 |
| 49th month persistency by policy count | 45.0% | FY24-25 |
Financial Position
| net worth | ₹2,190 crore | FY24-25 |
Distribution by Channel
| MI Agents premium | ₹0.00 crore | FY24-25 |
| Others policies | 0 | FY24-25 |
| IMF policies | 283 | FY24-25 |
| Referrals premium | ₹0.03 crore | FY24-25 |
| Web Agg. policies | 0 | FY24-25 |
| POS premium | ₹0.66 crore | FY24-25 |
| Bank Channel premium | ₹46.37 crore | FY24-25 |
| IMF premium | ₹21.41 crore | FY24-25 |
| CSCs premium | ₹0.00 crore | FY24-25 |
| Bank Channel policies | 9,158 | FY24-25 |
| Corp. Agents (Other) policies | -15 | FY24-25 |
| Online policies | 0 | FY24-25 |
| Direct policies | 3,382 | FY24-25 |
| CSCs policies | 0 | FY24-25 |
| MI Agents policies | 0 | FY24-25 |
| Individual Agents policies | 3,113 | FY24-25 |
| Brokers premium | ₹-0.60 crore | FY24-25 |
| Referrals policies | 0 | FY24-25 |
| Direct premium | ₹58.37 crore | FY24-25 |
| Web Agg. premium | ₹0.00 crore | FY24-25 |
| Others premium | ₹0.03 crore | FY24-25 |
| Corp. Agents (Other) premium | ₹-0.15 crore | FY24-25 |
| Brokers policies | 212 | FY24-25 |
| Individual Agents premium | ₹36.41 crore | FY24-25 |
| POS policies | 200 | FY24-25 |
| Online premium | ₹0.00 crore | FY24-25 |
Lapse & Surrender
| lapse and surrender ratio | 3.2% | FY24-25 |
Other Claims
| claims repudiation ratio | 1.53% | Q3 FY24-25 |
| claims settled after 1 year | 0.0% | FY24-25 |
| claims settled in 3 to 6 months | 1.2% | FY24-25 |
| claims settled in 6 to 12 months | 0.0% | FY24-25 |
| claims paid within 1 month | 87.6% | FY24-25 |
| claims settled in 1 to 3 months | 11.2% | FY24-25 |
Other
Data from IRDAI public disclosures. Click a metric name for full history and provenance.
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