The Annual Profits of Top Insurance Companies in Recent years.

Here are the annual profits (income) for some of the top insurance companies in recent years. These figures are approximate, as profits can vary from year to year.

1. Life Insurance Corporation of India (LIC):

Annual Profit: Around ₹6,000 crore to ₹7,000 crore ($800 million to $1 billion).
LIC is the largest life insurer in India and typically earns strong profits through its extensive customer base and investments.

2. HDFC Life Insurance:

Annual Profit: ₹1,500 crore to ₹2,500 crore ($200 million to $350 million).
One of India’s leading private life insurance companies, HDFC Life has seen steady profit growth in recent years.

3. ICICI Prudential Life Insurance:

Annual Profit: ₹1,000 crore to ₹1,500 crore ($150 million to $200 million).
ICICI Prudential is another key player in the Indian life insurance market, benefiting from its diversified insurance products.

4. SBI Life Insurance:

Annual Profit: ₹1,800 crore to ₹2,400 crore ($250 million to $320 million).
SBI Life’s strong distribution network via State Bank of India branches has contributed to its healthy profit levels.

5. ICICI Lombard General Insurance:

Annual Profit: ₹1,500 crore to ₹2,000 crore ($200 million to $270 million).
A leader in the non-life insurance sector, ICICI Lombard profits from its wide range of health, motor, and general insurance products.

6. Bajaj Allianz General Insurance:

Annual Profit: ₹1,200 crore to ₹1,600 crore ($160 million to $220 million).
Bajaj Allianz profits from its strong presence in motor and health insurance segments.

7. New India Assurance:

Annual Profit: ₹1,000 crore to ₹2,000 crore ($130 million to $270 million).
A government-owned insurer, New India Assurance’s profits are driven by its dominance in the general insurance space.

These profit figures can vary based on market conditions, claims, and investment performance, but they provide a good estimate of how well these companies perform annually.