Life Insurance Company Rankings India — IRDAI Data

Rankings use the latest available IRDAI regulatory data for each metric. Period is shown per insurer as data availability varies. No insurer is endorsed — the data does the ranking.

By Claims Settlement Ratio

Percentage of death claims settled — higher is better. Source: IRDAI L-40.

#InsurerCSR (%)Period
1PNB MetLife Insurance97.92Q1 FY26-27
2Axis Max Life Insurance97.12Q1 FY26-27
3Ageas Federal Life Insurance97.08Q1 FY26-27
4IndiaFirst Life Insurance96.57Q1 FY26-27
5IndusInd Nippon Life Insurance95.88Q1 FY26-27
6Aditya Birla Sun Life Insurance95.73Q1 FY26-27
7Future Generali Life Insurance94.44Q1 FY26-27
8Shriram Life Insurance93.17Q1 FY26-27
9Aviva Life Insurance93.06Q3 FY24-25
10LIC92.87Q1 FY26-27

By 13-Month Persistency

Share of policyholders paying premium after month 13 — higher is better. Source: IRDAI L-22.

#Insurer13M Persistency (%)Period
1SBI Life Insurance84.35Q1 FY26-27
2Tata AIA Life Insurance83.85Q1 FY26-27
3IndusInd Nippon Life Insurance81.70Q1 FY26-27
4ICICI Prudential Life Insurance81.50Q1 FY26-27
5Axis Max Life Insurance81.00Q1 FY26-27
6HDFC Life Insurance80.00Q1 FY26-27
7PNB MetLife Insurance77.30Q1 FY26-27
8Bajaj Life Insurance (formerly Bajaj Allianz Life)76.80Q1 FY26-27
9IndiaFirst Life Insurance73.78Q1 FY26-27
10Ageas Federal Life Insurance71.91Q1 FY26-27
11Bandhan Life Insurance71.00Q1 FY26-27
12LIC70.38Q1 FY26-27
13Edelweiss Life Insurance69.20Q2 FY22-23
14Future Generali Life Insurance64.06Q1 FY26-27
15Shriram Life Insurance57.50Q1 FY26-27
16Digit Life Insurance32.29Q1 FY26-27

By Solvency Ratio

Financial strength buffer — IRDAI minimum is 1.5×. Higher is stronger. Source: IRDAI L-22.

#InsurerSolvency (×)Period
1Credit Access Life Insurance3.59Q4 FY24-25
2Bajaj Life Insurance (formerly Bajaj Allianz Life)2.85Q1 FY26-27
3Kotak Life Insurance2.45Q4 FY24-25
4LIC2.42Q1 FY26-27
5IndusInd Nippon Life Insurance2.38Q1 FY26-27
6Pramerica Life Insurance2.33Q4 FY24-25
7Star Union Dai-ichi Life Insurance2.30Q4 FY24-25
8Bandhan Life Insurance2.24Q1 FY26-27
9ICICI Prudential Life Insurance2.12Q4 FY24-25
10Digit Life Insurance2.09Q1 FY26-27
11Future Generali Life Insurance2.08Q1 FY26-27
12Shriram Life Insurance2.06Q1 FY26-27
13Canara HSBC Life Insurance2.06Q4 FY24-25
14Axis Max Life Insurance1.98Q1 FY26-27
15SBI Life Insurance1.96Q1 FY26-27
16Acko Life1.96Q4 FY24-25
17PNB MetLife Insurance1.93Q1 FY26-27
18Aviva Life Insurance1.93Q4 FY24-25
19Tata AIA Life Insurance1.90Q1 FY26-27
20IndiaFirst Life Insurance1.90Q1 FY26-27
21Aditya Birla Sun Life Insurance1.88Q4 FY24-25
22Ageas Federal Life Insurance1.87Q1 FY26-27
23HDFC Life Insurance1.85Q1 FY26-27
24Edelweiss Life Insurance1.81Q4 FY24-25
25Bharti AXA Life Insurance1.67Q4 FY24-25

Source: IRDAI public disclosures.Life insurance overview → ·All rankings →