Factuary

Bandhan Life Insurance Insurance Data

lifeRegistration number unverified

Life insurance subsidiary of Bandhan Financial Holdings.

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IRDAI Disclosures ↗
Provenance note: The IRDAI registration number for this insurer is not yet verified from the official IRDAI registry. Data is published as filed, but treat with care for regulatory comparisons.

Bandhan Life Insurance is a life insurance company licensed by IRDAI. Its solvency ratio of 2.24× as of Q1 FY26-27 exceeds the IRDAI mandatory minimum of 1.5×, ranking 8th among 25 life insurers. The company reported gross written premium of ₹512 crore in FY25-03, ranking 22nd by premium among 25 life insurers. Its 13th-month premium persistency ratio was 71.0% in Q1 FY26-27.

Peer rank among life insurers with data for that metric. Not shown when fewer than 3 peers have data.

Premium

gross written premium₹512 croreFY25-03Handbook-Table-2-40

Solvency

solvency ratio2.24×Q1 FY26-27L-22-ANALYTICAL-RATIOS

Persistency

37th month persistency ratio53.0%Q1 FY26-27L-22-ANALYTICAL-RATIOS
13th month persistency ratio71.0%Q1 FY26-27L-22-ANALYTICAL-RATIOS
61st month persistency ratio81.0%Q1 FY26-27L-22-ANALYTICAL-RATIOS
25th month persistency ratio49.0%Q1 FY26-27L-22-ANALYTICAL-RATIOS
49th month persistency ratio20.0%Q1 FY26-27L-22-ANALYTICAL-RATIOS
37th month persistency by policy count74.5%FY23-24Handbook-Table-28
49th month persistency by policy count77.4%FY23-24Handbook-Table-28
61st month persistency by policy count58.4%FY23-24Handbook-Table-28
13th month persistency by policy count58.7%FY23-24Handbook-Table-28
25th month persistency by policy count76.1%FY23-24Handbook-Table-28

Financial Position

net worth₹3,644 croreFY24-25Handbook-Table-26

Distribution by Channel

Individual Agents policies-28FY24-25Handbook-Table-100
CSCs premium₹0.00 croreFY24-25Handbook-Table-100
Bank Channel premium₹125.39 croreFY24-25Handbook-Table-100
POS policies0FY24-25Handbook-Table-100
Others premium₹0.00 croreFY24-25Handbook-Table-100
MI Agents policies0FY24-25Handbook-Table-100
MI Agents premium₹0.00 croreFY24-25Handbook-Table-100
Corp. Agents (Other) policies1,353FY24-25Handbook-Table-100
Direct premium₹1.07 croreFY24-25Handbook-Table-100
Web Agg. policies88FY24-25Handbook-Table-100
Brokers premium₹26.44 croreFY24-25Handbook-Table-100
Corp. Agents (Other) premium₹10.74 croreFY24-25Handbook-Table-100
Web Agg. premium₹0.25 croreFY24-25Handbook-Table-100
Online premium₹0.00 croreFY24-25Handbook-Table-100
Direct policies506FY24-25Handbook-Table-100
CSCs policies0FY24-25Handbook-Table-100
Bank Channel policies11,099FY24-25Handbook-Table-100
IMF premium₹0.00 croreFY24-25Handbook-Table-100
IMF policies0FY24-25Handbook-Table-100
Others policies0FY24-25Handbook-Table-100
POS premium₹0.00 croreFY24-25Handbook-Table-100
Referrals premium₹0.00 croreFY24-25Handbook-Table-100
Online policies0FY24-25Handbook-Table-100
Brokers policies21,643FY24-25Handbook-Table-100
Individual Agents premium₹-0.04 croreFY24-25Handbook-Table-100
Referrals policies0FY24-25Handbook-Table-100

Lapse & Surrender

lapse and surrender ratio5.8%FY24-25Handbook-Table-27

Other Claims

claims settled after 1 year0.0%FY24-25Handbook-Table-18
claims settled in 6 to 12 months0.0%FY24-25Handbook-Table-18
claims settled in 1 to 3 months11.3%FY24-25Handbook-Table-18
claims paid within 1 month88.5%FY24-25Handbook-Table-18
claims settled in 3 to 6 months0.3%FY24-25Handbook-Table-18

Other

POS premium₹0.00 croreFY24-25Handbook-Table-102
IMF lives0FY24-25Handbook-Table-102
Corp. Agents (Other) premium₹21.11 croreFY24-25Handbook-Table-102
Online premium₹0.00 croreFY24-25Handbook-Table-102
Bank Channel premium₹0.00 croreFY24-25Handbook-Table-102
Bank Channel lives0FY24-25Handbook-Table-102
MI Agents premium₹0.00 croreFY24-25Handbook-Table-102
Online lives0FY24-25Handbook-Table-102
CSCs lives0FY24-25Handbook-Table-102
Brokers schemes10FY24-25Handbook-Table-102
Individual Agents schemes0FY24-25Handbook-Table-102
CSCs premium₹0.00 croreFY24-25Handbook-Table-102
Direct lives96,309FY24-25Handbook-Table-102
Others schemes0FY24-25Handbook-Table-102
Corp. Agents (Other) lives6,854FY24-25Handbook-Table-102
CSCs schemes0FY24-25Handbook-Table-102
Others premium₹0.00 croreFY24-25Handbook-Table-102
MI Agents schemes0FY24-25Handbook-Table-102
IMF schemes0FY24-25Handbook-Table-102
Others lives0FY24-25Handbook-Table-102
Web Agg. premium₹0.00 croreFY24-25Handbook-Table-102
POS lives0FY24-25Handbook-Table-102
Individual Agents lives0FY24-25Handbook-Table-102
Web Agg. lives0FY24-25Handbook-Table-102
Direct schemes6FY24-25Handbook-Table-102
MI Agents lives0FY24-25Handbook-Table-102
POS schemes0FY24-25Handbook-Table-102
Bank Channel schemes0FY24-25Handbook-Table-102
Web Agg. schemes0FY24-25Handbook-Table-102
Brokers premium₹42.18 croreFY24-25Handbook-Table-102
Individual Agents premium₹0.00 croreFY24-25Handbook-Table-102
IMF premium₹0.00 croreFY24-25Handbook-Table-102
Brokers lives78,306FY24-25Handbook-Table-102
Online schemes0FY24-25Handbook-Table-102
Direct premium₹5.53 croreFY24-25Handbook-Table-102
Corp. Agents (Other) schemes2FY24-25Handbook-Table-102
traditional plan commission paid₹67.28 croreFY24-25Handbook-Table-13
ULIP commission paid₹12.31 croreFY24-25Handbook-Table-13

Data from IRDAI public disclosures. Click a metric name for full history and provenance.

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