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Published by Sandhya Keelery, Aug 30, 2024
As of the fiscal year 2023, the financial inclusion index of India was 60.1, according to the Reserve Bank of India. It rose from 43.4 in 2017 to its current state, indicating improved financial inclusion. The financial inclusion index measures the extent of access to and usage of formal financial services, including banking, insurance, investments, pensions, and postal sectors.
Financial inclusion index of India from financial year 2017 to 2023
| Characteristic | Financial inclusion index |
|---|---|
| - | - |
| - | - |
| - | - |
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Release date
September 2023
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Region
India
Survey time period
FY 2017 to FY 2023
Supplementary notes
India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.
Previous reports have been accessed for historical data.
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Statistics on " Life insurance in India "
The most important statistics
- Life and nonlife direct premium writing countries globally 2022, by value of premiums
- Penetration of life and non-life insurance in India FY 2002-2023
- Density of life and non-life insurance in India FY 2002-2023
- Market share of life insurance industry India FY 2017-2023, by type of insurer
- Value of total life insurance premiums in India FY 2002-2023
The most important statistics
- Total number of premiums for life insurances written in India FY 2016-2021
- Life insurances premiums written by Indian insurers FY 2016-2022, by premium type
- New individual life insurance policies in India FY 2017-2023, by sector
- Solvency ratio of life insurers in India March 2023
- Life insurance investments India FY 2017-2023, by sector
- Share of distribution channels in life insurance industry India FY 2017-2022
The most important statistics
- Leading life insurers in India FY 2023, by new business premium
- Market share of Life Insurance Corporation based on total premium FY 2014-2024
- Total new business premium market share of SBI Life Insurance from FY 2019-2023
- Total new business private market share of HDFC Life Insurance FY 2019-2023
- New business premium received by ICICI Prudential Life Insurance FY 2019-2023
The most important statistics
- Number of total individual death claims in India FY 2023, by life insurer
- Individual life insurance claims settlement ratio in India FY 2010-2022
- Life insurance claims settlement ratio in India FY 2022, by insurer
- Number of complaints registered against life insurer India FY 2023, by insurer type
The most important statistics
- Net promoter score of leading life insurance brands in India 2023
- Awareness and ownership levels of life insurance in India 2023
- Preferred purchase channel for life insurance products in India 2023
- Reasons for considering purchase of life insurance in India 2023
- Reasons for not purchasing life insurance in India 2023
- Deterrents to online purchase of life insurance products in India 2023
The most important statistics
- Financial inclusion index of India FY 2017-2023
- Enrollments under PMJJBY scheme in India FY 2016-2023
- Contribution to fintech ecosystem in India 2022, by category
- Number of insurtechs in India 2022, by equity funding stage
- Value of equity funding in insturtech India 2016-2022
- Leading insurtech startups in India 2021-2022, by funding
Other statistics that may interest you Life insurance in India
Overview
5
- Premium Statistic Life and nonlife direct premium writing countries globally 2022, by value of premiums
- Premium Statistic Penetration of life and non-life insurance in India FY 2002-2023
- Premium Statistic Density of life and non-life insurance in India FY 2002-2023
- Premium Statistic Market share of life insurance industry India FY 2017-2023, by type of insurer
- Premium Statistic Value of total life insurance premiums in India FY 2002-2023
Key indicators
6
- Premium Statistic Total number of premiums for life insurances written in India FY 2016-2021
- Premium Statistic Life insurances premiums written by Indian insurers FY 2016-2022, by premium type
- Premium Statistic New individual life insurance policies in India FY 2017-2023, by sector
- Premium Statistic Solvency ratio of life insurers in India March 2023
- Premium Statistic Life insurance investments India FY 2017-2023, by sector
- Premium Statistic Share of distribution channels in life insurance industry India FY 2017-2022
Market players
5
- Premium Statistic Leading life insurers in India FY 2023, by new business premium
- Premium Statistic Market share of Life Insurance Corporation based on total premium FY 2014-2024
- Premium Statistic Total new business premium market share of SBI Life Insurance from FY 2019-2023
- Premium Statistic Total new business private market share of HDFC Life Insurance FY 2019-2023
- Premium Statistic New business premium received by ICICI Prudential Life Insurance FY 2019-2023
Claims and complaints
4
- Premium Statistic Number of total individual death claims in India FY 2023, by life insurer
- Premium Statistic Individual life insurance claims settlement ratio in India FY 2010-2022
- Premium Statistic Life insurance claims settlement ratio in India FY 2022, by insurer
- Premium Statistic Number of complaints registered against life insurer India FY 2023, by insurer type
Consumer behaviour
6
- Premium Statistic Net promoter score of leading life insurance brands in India 2023
- Premium Statistic Awareness and ownership levels of life insurance in India 2023
- Premium Statistic Preferred purchase channel for life insurance products in India 2023
- Premium Statistic Reasons for considering purchase of life insurance in India 2023
- Premium Statistic Reasons for not purchasing life insurance in India 2023
- Premium Statistic Deterrents to online purchase of life insurance products in India 2023
Inclusivity and emerging trends
6
- Premium Statistic Financial inclusion index of India FY 2017-2023
- Premium Statistic Enrollments under PMJJBY scheme in India FY 2016-2023
- Premium Statistic Contribution to fintech ecosystem in India 2022, by category
- Premium Statistic Number of insurtechs in India 2022, by equity funding stage
- Premium Statistic Value of equity funding in insturtech India 2016-2022
- Premium Statistic Leading insurtech startups in India 2021-2022, by funding
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Topics
Life insurance industry in IndiaLife insurance worldwideInsurance industry in IndiaGlobal insurance industry
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The statistic on this page is a Premium Statistic and is included in this account.
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