Share of distribution channels in life insurance industry India FY 2017-2022

In the financial year 2022, Banca remained the most prominent distribution channel for life insurance companies, with a share of 55 percent. This share has remained consistent in the past five financial years. Over time, Bancassurance has proved to be effective and profitable for insurance companies because of the reach of banks across the country. With a 23 percent share, the agency was the second preferred channel.

在2022财年，Banca继续作为人寿保险公司最为显著的分销渠道，占据了55%的市场份额。这一比例在过去五年间保持稳定。随着时间的推移，得益于银行在全国范围内的广泛覆盖， Bancassurance（银行保险）已被证明对保险公司而言既有效益又具盈利性。以23%的市场份额，代理渠道成为了第二优选的渠道。