Most life insurance agents: Tamil Nadu 4th Place..!
Data
released by IRDAI (Insurance Regulatory and Development Authority of India)
reveals that Tamil Nadu have 4th place.
Uttar
Pradesh, Maharashtra and West Bengal have the highest number of insurance
agents in March 2024.
Uttar
Pradesh has overtaken Maharashtra to top the list of states with the highest
number of agents. The state has close to 3.45 lakh insurance agents in 2024. It
has witnessed a 14% increase in the number of agents.
Maharashtra,
which had the highest number of agents in FY23 occupies the second spot with
3.33 lakh agents.
West
Bengal takes the third position with 2.11 lakh agents with a growth of 13% in
one year.
Tamil
Nadu and Karnataka hold the next two spots with 2.01 lakh agents and 1.65
lakh agents, respectively.
Among
other states in the top 10 list are Gujarat, Bihar, Rajasthan, Andhra Pradesh
and Madhya Pradesh.
The
smaller union territories have witnessed the highest growth in percentage terms
with Lakshadweep leading at 86.67%, followed by Daman & Diu, Dadra &
Nagar Haveli at 57.52%.
Among
states, Uttarakhand has witnessed the highest growth of 37% in number of agents
in one year followed by Punjab with 36% increase in agency force.
States
that have witnessed decline in number of agents are Madhya Pradesh, Assam,
Chhattisgarh and Ladakh.
|
State / Union Territory |
Number of Agents in FY23 |
Number of Agents in FY24 |
Percentage
Difference |
|
Uttar Pradesh |
302,782 |
344,515 |
13.78 |
|
Maharashtra |
303,588 |
333,271 |
9.78 |
|
West Bengal |
186,778 |
211,380 |
13.17 |
|
Tamil Nadu |
183,416 |
201,259 |
9.73 |
|
Karnataka |
152,582 |
165,604 |
8.53 |
|
Gujarat |
148,928 |
164,289 |
10.31 |
|
Bihar |
148,792 |
150,206 |
0.95 |
|
Rajasthan |
126,105 |
138,666 |
9.96 |
|
Andhra Pradesh |
113,293 |
133,459 |
17.80 |
|
Madhya Pradesh |
140,182 |
126,225 |
-9.96 |
|
Kerala |
119,329 |
125,575 |
5.23 |
|
Odisha |
112,787 |
115,988 |
2.84 |
|
Telangana |
86,484 |
103,632 |
19.83 |
|
Haryana |
81,709 |
94,532 |
15.69 |
|
Delhi |
71,624 |
94,062 |
31.33 |
|
Jharkhand |
61,226 |
72,282 |
18.06 |
|
Assam |
73,727 |
70,667 |
-4.15 |
|
Punjab |
47,126 |
64,089 |
35.99 |
|
Chhattisgarh |
55,114 |
48,258 |
-12.44 |
|
Uttarakhand |
27,239 |
37,432 |
37.42 |
|
Himachal Pradesh |
26,983 |
30,590 |
13.37 |
|
Jammu & Kashmir |
14,742 |
18,098 |
22.76 |
|
Tripura |
8,765 |
10,508 |
19.89 |
|
Goa |
10,044 |
10,400 |
3.54 |
|
Chandigarh |
6,265 |
7,759 |
23.85 |
|
Puducherry |
4,522 |
6,475 |
43.19 |
|
Manipur |
4,166 |
4,343 |
4.25 |
|
Meghalaya |
2,664 |
3,044 |
14.26 |
|
Nagaland |
2,102 |
2,360 |
12.27 |
|
Arunachal Pradesh |
1,830 |
2,143 |
17.10 |
|
Sikkim |
1,169 |
1,350 |
15.48 |
|
Mizoram |
942 |
1,206 |
28.03 |
|
Daman & Diu, Dadra
& Nagra Haveli |
725 |
1,142 |
57.52 |
|
Andaman & Nicobar Is |
323 |
475 |
47.06 |
|
Ladakh |
140 |
126 |
-10.00 |
|
Lakshadweep |
15 |
28 |
86.67 |
