List Of Insurance Companies In India Wiki

And united india insurance co.

List of insurance companies in india wiki. Citizens property insurance corporation. And agricultural insurance company ltd. Earlier only two insurance companies were there in india life insurance corporation of india lic and general insurance corporation of india gic. Bajaj allianz life insurance company.

It is a list of life insurance companies in india in a random order in 2020. Ltd the oriental insurance co. 1 life insurance companies. In 2019 the indian economy was the world s fifth largest by nominal gdp and third largest by purchasing power parity.

Colonial life accident insurance company. Canara hsbc obc life insurance company. 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. Axa equitable life insurance company.

Idbi federal life insurance. In the future as well it is expected to progress at a high scale. 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. 107 insurers were amalgamated and grouped into four companies namely national insurance company ltd the new india assurance company ltd the oriental insurance company ltd and the united india insurance company ltd.

Below are the list of life insurance companies in india. Following market based economic reforms in 1991 india became one of the fastest growing. In 1972 with the general insurance business nationalisation act was passed by the indian parliament and consequently general insurance business was nationalized with effect from 1 january 1973. Aegon life insurance company.

General insurance corporation of india. Details of private insurance organizations are also available. Brotherhood mutual insurance company. The general insurance industry was nationalized in 1972 and 107 insurers were grouped and amalgamated into four companies national insurance co.

Ltd the new india assurance co. Bankers life and casualty company. Sbi life insurance company. Bajaj allianz life insurance.

Bharti axa life insurance company. 1 bajaj allianz 2 birla sun life 3 hdfc life 4 icici prudential 5 lic 6 max life 7 pnb metlife 8 kotak life 9 sbi life 10 tata aia 11 reliance life 12 aviva life. Insurance sector has shown tremendous growth in the recent years. Aditya birla sun life insurance company.

Aviva life insurance company. Edelweiss tokio life insurance company. Please do not consider it as top 10 or top 20 life insurance companies in india. India is a country in south asia it is the seventh largest country by area the second most populous country with over 1 2 billion people and the most populous democracy in the world.