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 Analysis

Insurance sector advertising in print up 3 pc in FY09: AdEx Analysis

Subject: Overview of Insurance Sector advertising in Print during FY 08 -09
(Note: The entire analysis is based on Col*Cms)

Highlights:

• Print Advertising of 'Insurance Sector' has seen growth of 3% during the FY 2008-09 compared to FY 2005-06.

• 'Life Insurance' sector garnered 70% share of overall 'Insurance Sector' Print ad pie during FY 2008-09.

• 'LIC' leads in Print advertising of 'Insurance Sector' during the current fiscal year.

• 'LIC Jeevan Varsha' topped the list of new brands of 'Insurance Sector' advertised in Print during current fiscal year.

• More than half of the 'Insurance Sector' advertising on 'Non Metro' Newspapers during FY 2008-09.

Volumes Growth of Insurance Sector in Print during FY 2008-09


• During FY 2008-09, 2% decline in Print ad volumes of 'Insurance Sector' compared to FY 2007-08.

Quarterly advertising share of Insurance Sector in Print

• High share of 'Insurance Sector' advertising in Print during the 4th quarter of current and last fiscal year..

Contribution by the Sub Sectors of Insurance Sector in Print during FY 2008-09


• During FY 2008-09, advertising of 'Life Insurance' and 'Non Life Insurance' sector was in the ratio of 70:30.

• 'General Health/Accidents Insurance' contributed the highest (58%) of overall 'Non Life Insurance' sector advertising in Print followed by 'General Insurance' and 'General Agriculture Insurance' with 30% and 5% share respectively during the current fiscal year.

Top Advertisers of Insurance Sector in Print during FY 2008-09

• 'LIC', 'Employee State Insurance Corporation' and 'Sahara India Life Insurance Co' the Top 3 key players of 'Insurance Sector' together contributed for 52% share in Print during FY 2008-09.

Top New Brands of Insurance Sector in Print during FY 2008-09


•  LIC's 3 brands viz. 'LIC Jeevan Varsha', 'LIC Jeevan Aastha' and 'LIC Market Plus 1' occupied the top 3 position in the Top 10 list of new brands of 'Insurance Sector' advertised in Print during the current fiscal year.
Advertising of Insurance Sector in Newspapers and Magazines was in the ratio of 96:4.
Contribution of Metro, Non Metro and Mini Metro Newspapers in advertising of Insurance Sector
• During FY 2008-09, maximum advertising share of 'Insurance Sector' was on 'Non Metro' Newspapers followed by 'Metro' and 'Mini Metro' Newspapers with 35% and 11% share respectively.

 
The second part of 10 –year round-up of Print Media advertising will include brief on Performance of Brands in Print, New Brands of 2008…
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