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.
| # | Insurer | CSR (%) | Period |
|---|---|---|---|
| 1 | PNB MetLife Insurance | 97.92 | Q1 FY26-27 |
| 2 | Axis Max Life Insurance | 97.12 | Q1 FY26-27 |
| 3 | Ageas Federal Life Insurance | 97.08 | Q1 FY26-27 |
| 4 | IndiaFirst Life Insurance | 96.57 | Q1 FY26-27 |
| 5 | IndusInd Nippon Life Insurance | 95.88 | Q1 FY26-27 |
| 6 | Aditya Birla Sun Life Insurance | 95.73 | Q1 FY26-27 |
| 7 | Future Generali Life Insurance | 94.44 | Q1 FY26-27 |
| 8 | Shriram Life Insurance | 93.17 | Q1 FY26-27 |
| 9 | Aviva Life Insurance | 93.06 | Q3 FY24-25 |
| 10 | LIC | 92.87 | Q1 FY26-27 |
By 13-Month Persistency
Share of policyholders paying premium after month 13 — higher is better. Source: IRDAI L-22.
| # | Insurer | 13M Persistency (%) | Period |
|---|---|---|---|
| 1 | SBI Life Insurance | 84.35 | Q1 FY26-27 |
| 2 | Tata AIA Life Insurance | 83.85 | Q1 FY26-27 |
| 3 | IndusInd Nippon Life Insurance | 81.70 | Q1 FY26-27 |
| 4 | ICICI Prudential Life Insurance | 81.50 | Q1 FY26-27 |
| 5 | Axis Max Life Insurance | 81.00 | Q1 FY26-27 |
| 6 | HDFC Life Insurance | 80.00 | Q1 FY26-27 |
| 7 | PNB MetLife Insurance | 77.30 | Q1 FY26-27 |
| 8 | Bajaj Life Insurance (formerly Bajaj Allianz Life) | 76.80 | Q1 FY26-27 |
| 9 | IndiaFirst Life Insurance | 73.78 | Q1 FY26-27 |
| 10 | Ageas Federal Life Insurance | 71.91 | Q1 FY26-27 |
| 11 | Bandhan Life Insurance | 71.00 | Q1 FY26-27 |
| 12 | LIC | 70.38 | Q1 FY26-27 |
| 13 | Edelweiss Life Insurance | 69.20 | Q2 FY22-23 |
| 14 | Future Generali Life Insurance | 64.06 | Q1 FY26-27 |
| 15 | Shriram Life Insurance | 57.50 | Q1 FY26-27 |
| 16 | Digit Life Insurance | 32.29 | Q1 FY26-27 |
By Solvency Ratio
Financial strength buffer — IRDAI minimum is 1.5×. Higher is stronger. Source: IRDAI L-22.
Source: IRDAI public disclosures.Life insurance overview → ·All rankings →