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Among the life insurers life insurance corporation lic is the sole public sector company.

List of insurance companies in india pdf. However with the introduction of new private sector companies the insurance sector in india gained a momentum in the year 2000. List of insurance companies is also a relevant topic for candidates preparing for various government exams such as rrb exams ssc exams bank exams. Earlier only two insurance companies were there in india life insurance corporation of india lic and general insurance corporation of india gic. Today the market is bombarded with several health insurance companies each having a wide range of benefits.

Private players bajaj allianz general insurance co. In the future as well it is expected to progress at a high scale. In addition to these there is a sole national re. Updated list of top 10 best general insurance companies in india to buy insurance plans new india assurance.

Insurance sector has shown tremendous growth in the recent years. This multinational company is solely owned by the government and is the biggest in the public sector market. General insurance corporation of india gic nabard and four public sector general insurance companies have contributed towards the share capital of the company. List of general insurance companies.

United india insurance co. Agriculture insurance company of india ltd. 1500 crore with initial paid up equity share capital of the company of rs. They offer a plethora of insurance products at extremely competitive rates.

Users can access details on the public sector companies such as the new india assurance company ltd national insurance company ltd the oriental insurance co ltd united india insurance co ltd. Knowing about insurance companies is important especially for candidates appearing for insurance exams such as lic nicl niacl and irda. Life insurance co of india. Public sector new india assurance company limited national insurance company limited oriental insurance co.

Details of private insurance organizations are also available. The insurance industry of india has 57 insurance companies 24 are in the life insurance business while 33 are non life insurers. Following is the list of insurance companies in india which have been approved by the insurance regulatory and development authority of india irdai which is a statutory body regulating and promoting the insurance and re insurance industries in india. This is a list of notable insurance companies present in india.

The authorized share capital of the company is rs. There are six public sector insurers in the non life insurance segment. List of insurance companies in india pdf download pdf here.

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