life and general insurance is booming sector with huge possibilities for different global companies, as life insurance premiums account to 2.5% and general insurance premiums account to 0.65% of India's GDP.All insurence companiesare reliable as they are regulated by IRDA.
The Government of India passed two acts in 1912 - the Life Insurance Companies Act, and the Provident Fund Act - to regulate the insurance business.
National Insurance Company Ltd is the oldest existing insurance company in India.
Earlier, the Insurance sector had only two state insurers - Life Insurers i.e. Life Insurance Corporation of India (LIC), and General Insurers i.e. General Insurance Corporation of India (GIC).
December 2000, these subsidiaries were de-linked from parent company and were declared independent insurance companies: Oriental Insurance Company Limited,
New India Assurance Company Limited, National Insurance Company Limited and United India Insurance Company Limited.
- Bajaj Allianz Life Insurance Company Limited
- Birla Sun Life Insurance Co. Ltd
- HDFC Standard life Insurance Co. Ltd
- ICICI Prudential Life Insurance Co. Ltd.
- ING Vysya Life Insurance Company Ltd.
- Life Insurance Corporation of India
- Max New York Life Insurance Co. Ltd
- Met Life India Insurance Company Ltd.
- Kotak Mahindra Old Mutual Life Insurance Limited
- SBI Life Insurance Co. Ltd
- Tata AIG Life Insurance Company Limited
- Reliance Life Insurance Company Limited.
- Aviva Life Insurance Co. India Pvt. Ltd.
- Shriram Life Insurance Co, Ltd.
- Sahara India Life Insurance
- Bharti AXA Life Insurance
- Future Generali Life Insurance
- IDBI Fortis Life Insurance
- Canara HSBC Oriental Bank of Commerce Life Insurance
- Religare Life Insurance
- DLF Pramerica Life Insurance
- Star Union Dai-ichi Life Insurance
- Agriculture Insurance Company of India
- Apollo DKV Insurance
- Cholamandalam MS General Insurance
- HDFC Ergo General Insurance Company
- ICICI Lombard General Insurance
- IFFCO Tokio General Insurance
- National Insurance Company Ltd
- New India Assurance
- Oriental Insurance Company
- Reliance General Insurance
- Royal Sundaram Alliance Insurance
- Shriram General Insurance Company Limited
- Tata AIG General Insurance
- United India Insurance
- Universal Sompo General Insurance Co. Ltd
0 comments:
Post a Comment