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Annualised Premium Equivalent

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Drop in premium collection impacts life insurance industry
Aug 04, 2011 at 11:37 | Source: Moneycontrol.com
Sharekhan has come out with its report on insurance industry. As per the research firm the annual premium equivalent (APE) for the life insurance industry declined by 39.2% year on year (YoY) in June 2011 and by 13.6% month on month (MoM) due to a drop in the premium collections.
APE contraction continued in January
Mar 04, 2011 at 12:16 | Source: Moneycontrol.com
The annual premium equivalent (APE) for the life insurance industry continued to contract in January 2011 due to the change in the norms governing the unit-linked insurance plans (ULIPs).
Kotak Life Insurance records 114% growth in HY results
Nov 11, 2008 at 17:07
Kotak Mahindra Old Mutual Life Insurance Limited (Kotak Life Insurance), today announced a growth rate of 114% in the First Year Premium income in the half year ending September 30th 2008 (FY 2008-09).
BSLI achieves growth rate of 194% for Q1FY08-09
Aug 12, 2008 at 18:58
Birla Sun Life Insurance gains Market Share and achieves a growth rate of 194% for Q1 FY2008-09. The total Annualized Premium Equivalent is at Rs 507.4 crores
Canara HSBC OBC Life makes a record-breaking entry
Aug 12, 2008 at 18:45
Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited a partnership between Canara Bank and Oriental Bank of Commerce, and HSBC Insurance (Asia Pacific) Holdings Limited wrote over Rs 12 crore of annualised premiums in July 2008, the Companys first full month of business
SBI Life records 241% growth in Q1
Jul 23, 2008 at 18:22
SBI Life records 241% growth in Q1. The New Business Annualised Premium Equivalent (APE), a standard measure in the Industry that takes Single Premium Income at 10%, has grown by 241% to Rs. 972 Crores. The Total Premium of the company grew by 169% to Rs 1,387 Crores.

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