Markets Details - India

Supervisory Authority
Insurance Regulatory and Development Authority
Business Address
3rd Floor, Parisrama Bhavan, Basheer Bagh,Hyderabad 500 004, India
Tel: 91-40-2338 1100 Fax: 91-40-6682 3334
Email: ksmanyam@irda.gov.inWebsite: www.irda.gov.in
 
Insurance Associations
General Insurance Council
Business Address
5th Floor, Royal Insurance Building, 14, Jamshedji TATA Road, Churchgate - Mumbai 400 020, India
Tel: 91-22-2281 7511 / 7512
Fax: 91-22-2281 7515
Email: gicouncil@gicouncil.inWebsite: www.gicouncil.in
 
Institute of Actuaries of India
Business Address
302 Indian Globe Chambers, 142 Fort Street, Off D NRoad, Near CST (VT) Station, Mumbai 400 001, India
Tel: 91-22-6784 3333
Fax: 91-22-6784 3330
Website: www.actuariesindia.org
 
Insurance Brokers Association of India

Business Address
Maker Bhavan, No. 1, 4th Floor, Sir V T Marg,
Mumbai - 400 020, IndiaTel: 91-22-2284 6544
Email: ibai@ibai.org
Website: www.ibai.org

 
Life Insurance Council

Business Address
4th Floor, Jeevan Seva Annexe Building,
Santacruz (West) Mumbai, IndiaTel: 91-22-2610 3303 / 3306
Email: ninad.narwilkar@lifeinscouncil.org
Website: www.lifeinscouncil.org

 
 
Educational and Insurance Institutions
Amity School of Insurance, Banking & Actuarial Science
Business Address
1–1, 1st Floor, Amity University CampusSector–125, Noida–201303, Gautam Budha Nagar,Uttar Pradesh,India
Tel: 91-120-439 2301/04
Fax: 91-120-243 1856Email: insurance@asias.amity.eduWebsite: www.amity.edu/asias
 
Birla Institute of Management Technology
Business Address
Plot No. 5, Knowledge Park II, Greater Noida (NCR),Uttar Pradesh - 201 306, India
Tel: 91-120-232 3001-10
Fax: 91-120-232 3001/22/25
Website: www.bimtech.ac.in
 
College of Insurance
Business Address
Plot no. C-46, G-Block, Near US Consulate,
Bandra Kurla Complex, Mumbai – 400051, India
Tel: 91-22-2654 4200 / 1154 / 1156
Email: college_insurance@iii.org.in
Website: www.coi.org.in
 
Institution College of Insurance
Business Address
Plot no. C-46, G-Block, Near US Consulate,
Bandra Kurla Complex, Mumbai – 400051, India
Tel: 91-22-2654 4200 / 1154 / 1156
Email: college_insurance@iii.org.in
Website: www.coi.org.in
 
Institute of Insurance and Risk Management
Business AddressPlot No. 38/39, Financial District, Nanakramguda,Gacchibowli, Hyderabad - 500 032, Andhra Pradesh, India
Tel: 91-40-2300 2041 - 43, 2300 0005
Fax: 91-40-2300 0254
Email: email@iirmworld.org.in
Website: www.iirmworld.org.in
 
Insurance Institute of India
Business AddressPlot No. C-46, G-Block, Near US Consulate,Bandra Kurla Complex, Mumbai - 400 051, India
Tel: 91-22-2654 4200 / 1154 / 1156
Website: www.insuranceinstituteofindia.com
 
National Insurance Academy
Business AddressS No 25, Balewadi, Baner Road, NIA P O,Pune – 411 045, India
Tel: 91-20-2720 4000 / 4950
Fax: 91-20-2720 4555
Email: niapune@vsnl.com
Website: www.niapune.com
 

Statistics

Premium volume (in millions)
Total Prem : USD 66,441
Life Prem : USD 53,300
Non-life Prem :  USD 13,142
   
Insurance Penetration (2012)
Premiums as a % of GDP
Total Biz 3.96%
 
Insurance Density (2012)
Premiums per capita in USD
Total Biz
53.2
   
Source: Swiss Re - Sigma report.

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