Factuary

Edelweiss Life Insurance Insurance Data

lifeIRDAI Reg. 147

Life insurance subsidiary of Edelweiss Financial Services.

HQ: Mumbai
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IRDAI Disclosures ↗

Edelweiss Life Insurance is a life insurance company licensed by IRDAI (registration number 147). Its solvency ratio of 1.81× as of Q4 FY24-25 exceeds the IRDAI mandatory minimum of 1.5×, ranking 24th among 25 life insurers. The company reported gross written premium of ₹2093 crore in FY24-25, ranking 18th by premium among 25 life insurers. Its 13th-month premium persistency ratio was 69.2% in Q2 FY22-23.

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

Premium

gross written premium₹2,093 croreFY24-25Statement-3

Solvency

solvency ratio1.81×Q4 FY24-25Statement-11

Persistency

37th month persistency by policy count54.4%FY24-25Handbook-Table-28
61st month persistency by policy count47.9%FY24-25Handbook-Table-28
13th month persistency by policy count64.6%FY24-25Handbook-Table-28
25th month persistency by policy count58.8%FY24-25Handbook-Table-28
49th month persistency by policy count47.1%FY24-25Handbook-Table-28
13th month persistency ratio69.2%Q2 FY22-23L-22-ANALYTICAL-RATIOS
61st month persistency ratio44.2%Q2 FY22-23L-22-ANALYTICAL-RATIOS
37th month persistency ratio56.2%Q2 FY22-23L-22-ANALYTICAL-RATIOS
49th month persistency ratio53.6%Q2 FY22-23L-22-ANALYTICAL-RATIOS
25th month persistency ratio55.2%Q2 FY22-23L-22-ANALYTICAL-RATIOS

Financial Position

net worth₹2,840 croreFY24-25Handbook-Table-26

Distribution by Channel

Individual Agents premium₹168.62 croreFY24-25Handbook-Table-100
CSCs policies0FY24-25Handbook-Table-100
Direct policies13,527FY24-25Handbook-Table-100
Online premium₹5.69 croreFY24-25Handbook-Table-100
CSCs premium₹0.00 croreFY24-25Handbook-Table-100
Web Agg. policies0FY24-25Handbook-Table-100
Bank Channel policies14,220FY24-25Handbook-Table-100
Others policies0FY24-25Handbook-Table-100
Bank Channel premium₹164.82 croreFY24-25Handbook-Table-100
Brokers policies1,795FY24-25Handbook-Table-100
MI Agents policies0FY24-25Handbook-Table-100
Corp. Agents (Other) policies4,882FY24-25Handbook-Table-100
MI Agents premium₹0.00 croreFY24-25Handbook-Table-100
Brokers premium₹25.55 croreFY24-25Handbook-Table-100
Others premium₹0.00 croreFY24-25Handbook-Table-100
Direct premium₹138.79 croreFY24-25Handbook-Table-100
Online policies565FY24-25Handbook-Table-100
Referrals policies0FY24-25Handbook-Table-100
Corp. Agents (Other) premium₹89.09 croreFY24-25Handbook-Table-100
IMF policies0FY24-25Handbook-Table-100
Referrals premium₹0.00 croreFY24-25Handbook-Table-100
Individual Agents policies14,875FY24-25Handbook-Table-100
POS policies109FY24-25Handbook-Table-100
POS premium₹0.46 croreFY24-25Handbook-Table-100
IMF premium₹0.00 croreFY24-25Handbook-Table-100
Web Agg. premium₹0.00 croreFY24-25Handbook-Table-100

Lapse & Surrender

lapse and surrender ratio6.5%FY24-25Handbook-Table-27

Other Claims

claims paid within 1 month98.4%FY24-25Handbook-Table-18
claims settled after 1 year0.0%FY24-25Handbook-Table-18
claims settled in 3 to 6 months0.0%FY24-25Handbook-Table-18
claims settled in 6 to 12 months0.0%FY24-25Handbook-Table-18
claims settled in 1 to 3 months1.6%FY24-25Handbook-Table-18

Other

IMF premium₹0.00 croreFY24-25Handbook-Table-102
Corp. Agents (Other) premium₹0.05 croreFY24-25Handbook-Table-102
CSCs schemes0FY24-25Handbook-Table-102
Brokers lives128FY24-25Handbook-Table-102
Direct schemes4FY24-25Handbook-Table-102
Web Agg. schemes0FY24-25Handbook-Table-102
Individual Agents premium₹0.00 croreFY24-25Handbook-Table-102
CSCs lives0FY24-25Handbook-Table-102
Bank Channel lives36,414FY24-25Handbook-Table-102
Online lives0FY24-25Handbook-Table-102
POS lives0FY24-25Handbook-Table-102
Bank Channel premium₹1.51 croreFY24-25Handbook-Table-102
Direct lives23,794FY24-25Handbook-Table-102
Corp. Agents (Other) lives94FY24-25Handbook-Table-102
MI Agents lives0FY24-25Handbook-Table-102
Online premium₹0.00 croreFY24-25Handbook-Table-102
POS premium₹0.00 croreFY24-25Handbook-Table-102
IMF schemes0FY24-25Handbook-Table-102
Web Agg. premium₹0.00 croreFY24-25Handbook-Table-102
POS schemes0FY24-25Handbook-Table-102
MI Agents premium₹0.00 croreFY24-25Handbook-Table-102
Brokers premium₹0.01 croreFY24-25Handbook-Table-102
IMF lives0FY24-25Handbook-Table-102
Corp. Agents (Other) schemes0FY24-25Handbook-Table-102
CSCs premium₹0.00 croreFY24-25Handbook-Table-102
Individual Agents lives0FY24-25Handbook-Table-102
Brokers schemes0FY24-25Handbook-Table-102
Online schemes0FY24-25Handbook-Table-102
MI Agents schemes0FY24-25Handbook-Table-102
Others schemes0FY24-25Handbook-Table-102
Others premium₹0.00 croreFY24-25Handbook-Table-102
Others lives0FY24-25Handbook-Table-102
Direct premium₹12.49 croreFY24-25Handbook-Table-102
Web Agg. lives0FY24-25Handbook-Table-102
Individual Agents schemes0FY24-25Handbook-Table-102
Bank Channel schemes1FY24-25Handbook-Table-102
ULIP commission paid₹13.90 croreFY24-25Handbook-Table-13
traditional plan commission paid₹212.53 croreFY24-25Handbook-Table-13

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

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