Factuary

Pramerica Life Insurance Insurance Data

lifeIRDAI Reg. 140

Subsidiary of Prudential Financial Inc., US.

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IRDAI Disclosures ↗

Pramerica Life Insurance is a life insurance company licensed by IRDAI (registration number 140). Its solvency ratio of 2.33× as of Q4 FY24-25 exceeds the IRDAI mandatory minimum of 1.5×, ranking 6th among 25 life insurers. The company reported gross written premium of ₹2074 crore in FY25-03, ranking 19th by premium among 25 life insurers.

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

Premium

gross written premium₹2,074 croreFY25-03Handbook-Table-2-40

Solvency

solvency ratio2.33×Q4 FY24-25Statement-11

Persistency

13th month persistency by policy count75.9%FY24-25Handbook-Table-28
25th month persistency by policy count67.2%FY24-25Handbook-Table-28
61st month persistency by policy count56.8%FY24-25Handbook-Table-28
37th month persistency by policy count64.4%FY24-25Handbook-Table-28
49th month persistency by policy count59.5%FY24-25Handbook-Table-28

Financial Position

net worth₹1,211 croreFY24-25Handbook-Table-26

Distribution by Channel

CSCs policies0FY24-25Handbook-Table-100
MI Agents premium₹0.00 croreFY24-25Handbook-Table-100
IMF premium₹0.42 croreFY24-25Handbook-Table-100
Direct policies21,089FY24-25Handbook-Table-100
Referrals premium₹0.00 croreFY24-25Handbook-Table-100
Online premium₹0.00 croreFY24-25Handbook-Table-100
Corp. Agents (Other) premium₹21.88 croreFY24-25Handbook-Table-100
Bank Channel policies492FY24-25Handbook-Table-100
Direct premium₹87.88 croreFY24-25Handbook-Table-100
IMF policies65FY24-25Handbook-Table-100
POS policies0FY24-25Handbook-Table-100
POS premium₹0.00 croreFY24-25Handbook-Table-100
Others policies0FY24-25Handbook-Table-100
Brokers policies4,884FY24-25Handbook-Table-100
Bank Channel premium₹2.08 croreFY24-25Handbook-Table-100
MI Agents policies0FY24-25Handbook-Table-100
Corp. Agents (Other) policies3,356FY24-25Handbook-Table-100
Others premium₹0.00 croreFY24-25Handbook-Table-100
Individual Agents policies18,441FY24-25Handbook-Table-100
Web Agg. policies85FY24-25Handbook-Table-100
Individual Agents premium₹114.06 croreFY24-25Handbook-Table-100
Brokers premium₹28.08 croreFY24-25Handbook-Table-100
Referrals policies0FY24-25Handbook-Table-100
Online policies0FY24-25Handbook-Table-100
Web Agg. premium₹0.39 croreFY24-25Handbook-Table-100
CSCs premium₹0.00 croreFY24-25Handbook-Table-100

Lapse & Surrender

lapse and surrender ratio3.1%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 months2.8%FY24-25Handbook-Table-18
claims paid within 1 month97.1%FY24-25Handbook-Table-18
claims settled in 3 to 6 months0.1%FY24-25Handbook-Table-18

Other

CSCs lives0FY24-25Handbook-Table-102
Web Agg. premium₹0.00 croreFY24-25Handbook-Table-102
Web Agg. lives0FY24-25Handbook-Table-102
MI Agents schemes7FY24-25Handbook-Table-102
MI Agents lives43,080FY24-25Handbook-Table-102
MI Agents premium₹2.54 croreFY24-25Handbook-Table-102
Direct premium₹137.25 croreFY24-25Handbook-Table-102
IMF premium₹0.00 croreFY24-25Handbook-Table-102
Direct schemes30FY24-25Handbook-Table-102
Brokers premium₹174.83 croreFY24-25Handbook-Table-102
Direct lives17,13,295FY24-25Handbook-Table-102
Bank Channel premium₹0.01 croreFY24-25Handbook-Table-102
Web Agg. schemes0FY24-25Handbook-Table-102
Online premium₹0.00 croreFY24-25Handbook-Table-102
Others lives0FY24-25Handbook-Table-102
Online schemes0FY24-25Handbook-Table-102
Individual Agents schemes2FY24-25Handbook-Table-102
POS premium₹0.00 croreFY24-25Handbook-Table-102
Bank Channel lives7FY24-25Handbook-Table-102
Corp. Agents (Other) schemes14FY24-25Handbook-Table-102
Brokers lives15,81,835FY24-25Handbook-Table-102
CSCs schemes0FY24-25Handbook-Table-102
Corp. Agents (Other) premium₹662.02 croreFY24-25Handbook-Table-102
Individual Agents premium₹1.35 croreFY24-25Handbook-Table-102
Bank Channel schemes0FY24-25Handbook-Table-102
Brokers schemes207FY24-25Handbook-Table-102
IMF lives0FY24-25Handbook-Table-102
Others schemes0FY24-25Handbook-Table-102
POS schemes0FY24-25Handbook-Table-102
Online lives0FY24-25Handbook-Table-102
Corp. Agents (Other) lives7,47,532FY24-25Handbook-Table-102
IMF schemes0FY24-25Handbook-Table-102
POS lives0FY24-25Handbook-Table-102
Others premium₹0.00 croreFY24-25Handbook-Table-102
Individual Agents lives2,036FY24-25Handbook-Table-102
CSCs premium₹0.00 croreFY24-25Handbook-Table-102
ULIP commission paid₹1.55 croreFY24-25Handbook-Table-13
traditional plan commission paid₹325.57 croreFY24-25Handbook-Table-13

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

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