Table 3Channelwise GDPI
Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 |
Individual Agents | 30,779 | 33,991 | 38,281 | 44,538 | 47,299 | 50,148 | 53,629 | 55,724 | 60,714 | 63,671 |
Corporate Agents | 8,859 | 10,191 | 14,203 | 17,461 | 18,820 | 19,850 | 19,250 | 19,718 | 23,107 | 28,540 |
Brokers | 19,203 | 23,177 | 30,442 | 33,440 | 41,278 | 48,480 | 57,254 | 72,306 | 88,824 | 1,00,398 |
Direct Business | 25,845 | 29,020 | 45,203 | 55,223 | 62,051 | 70,438 | 68,583 | 72,952 | 84,249 | 97,064 |
Total | 84,686 | 96,379 | 1,28,129 | 1,50,662 | 1,69,448 | 1,88,916 | 1,98,714 | 220,700 | 2,56,894 | 2,89,673 |
Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 |
Individual Agents | 36.3% | 35.3% | 29.9% | 29.6% | 27.9% | 26.5%
| 27.0% | 25.2% | 23.6% | 22.0% |
Corporate Agents | 10.5% | 10.6% | 11.1% | 11.6% | 11.1% | 10.5%
| 9.7% | 8.9% | 9.0% | 9.9% |
Brokers | 22.7% | 24.0% | 23.8% | 22.2% | 24.4% | 25.7%
| 28.8% | 32.8% | 34.6% | 34.7% |
Direct Business | 30.5% | 30.1% | 35.3% | 36.7% | 36.6% | 37.3%
| 34.5% | 33.1% | 32.8% | 33.5% |
Total | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100% |
(₹ in Crores)
Source: IRDAI reports and Council Compilation