Indiantelevision.com presents AdEx India Analysis
 

Insurance Sector advertising on TV in the year 2006
(27 March, 2007)

Key Findings:

  • A high 27 per cent share of ad volumes garnered by Insurance sector in Banking/Finance/ Investment industry on TV in the year 2006.
  • 47 per cent rise in ad volumes of Insurance sector on TV in the year 2006 over 2005.
  • Nearly 90 per cent share of ad volumes garnered by 'Life Insurance' products on TV in year 2006.
  • Q1 saw the maximum ads of Insurance sector on TV in the years 2005-2006.
  • High ad volumes of Insurance sector contributed by Hindi News channels.
  • Private players dominated advertising with 81 per cent share on TV in year 2006.
  • 'HDFC Standard Life Insurance' topped the advertisers list on TV.

This week, AdEx India looks at the advertising trends of the Insurance Sector in the year 2006.

Penetration of Insurance sector in Banking/Finance/Investment Industry on TV in the year 2006

  • The Insurance sector accounts for 27 per cent share of ad volumes in Banking/ Finance/Investment Industry on TV in the year 2006.

Growth in Insurance Sector advertising on TV in 2006 compared to previous year.

  • 47 per cent rise was registered in ad volumes of Insurance sector on TV in the year 2006 compared to 2005.

Segments of Insurance Sector on TV in the year 2006.

  • Insurance advertising on TV driven by 'Life Insurance' with 89 per cent share of volumes in the year 2006.
  • Nearly equal share of ad volumes contributed by the other three segments i.e. Health/Accidents, General Insurance and Educational Insurance.

Growing segments of Insurance Sector on TV in the year 2006 compared to 2005.
  • Fire Insurance saw the maximum 165 per cent rise in ad volumes on TV in 2006 compared to the previous year.
  • Other three segments showing growth in ad volumes were Health/ Accidents, Business and Life Insurance.

Quarterly trend of advertising of Insurance Sector on TV across the years 2005-2006.

  • The first quarter saw the highest number of ads by Insurance companies on TV across the years 2005-2006.
  • A small peak was also seen in the last quarter of the year.

Channel Genres used by the Insurance advertisers in the year 2006.

  • Hindi News channels had the maximum 22 per cent share of ad volumes followed by Regional GECs with 17 per cent share on TV in the year 2006.
  • English News at third position with 12 per cent share.

Contribution of Public and Private Players in Insurance sector on TV in 2006.

  • Insurance sector advertising ruled by Private players with 81 per cent share of volumes whereas Public players had a 19 per cent share on TV in year 2006.

Top five Advertisers of Insurance sector on TV in the year 2006.

  • Second position saw public sector insurer among the Top five list in 2006.
  • The Top five Advertisers contributed 66 per cent share of ad volumes on TV in the year 2006.
  • 'HDFC Standard Life Insurance' leads advertising with 24 per cent% share followed by LIC with 18 per cent share

Top New Brands launched in the Insurance sector on TV in the year 2006.

  • Among the Top ten new entrants of Insurance sector in the year 2006, eight of them belong to 'Life Insurance'.
  • 'Reliance Connect two Life Insurance Plan' was on Top followed by 'ICICI Prudential Education Insurance' on TV in the year 2006.

Average number of ads per day in Insurance sector on TV across years 2005-2006

  • Insurance sector saw a rise in average number of ads on TV from 297 in the year 2005 to 426 in year 2006.

Watch out for forthcoming interesting analyses in future.

(Analysis from AdEx India - A Division of TAM Media Research)
 
 
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