Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
11Activity
0 of .
Results for:
No results containing your search query
P. 1
Insurance In India

Insurance In India

Ratings: (0)|Views: 147|Likes:
Published by api-3739522

More info:

Published by: api-3739522 on Nov 21, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

03/18/2014

pdf

text

original

Insurance In India
\ue000Started in India in the year 1818 with the
establishment of the Oriental Life Insurance
Company in Calcutta.
\ue000The General insurance business in India, on the

other hand, can trace its roots to the Triton
Insurance Company Ltd., the first general
insurance company established in the year 1850
in Calcutta by the British.

IRDA Act 1999
\ue000Company is formed and registered under the Companies Act, 1956;
\ue000The aggregate holdings of equity shares by a foreign company, either by
itself or through its subsidiary companies or its nominees, do not exceed
26%, paid up equity capital of such Indian insurance company;
\ue000The company's sole purpose is to carry on life insurance business or
general insurance business or reinsurance business.
\ue000The minimum paid up equity capital for life or general insurance
business is Rs.100 crores.
\ue000The minimum paid up equity capital for carrying on reinsurance business
has been prescribed as Rs.200 crores.
LIFE INSURERS
Websites
Public Sector
Life Insurance Corporation of India
www.licindia.com
Private Sector
Allianz Bajaj Life Insurance Company Limited
www.allianzbajaj.co.in
Birla Sun-Life Insurance Company Limited
www.birlasunlife.com
HDFC Standard Life Insurance Co. Limited
www.hdfcinsurance.com
ICICI Prudential Life Insurance Co. Limited
www.iciciprulife.com
ING Vysya Life Insurance Company Limited
www.ingvysayalife.com
Max New York Life Insurance Co. Limited
www.maxnewyorklife.com
MetLife Insurance Company Limited
www.metlife.com
Om Kotak Mahindra Life Insurance Co. Ltd.
www.omkotakmahnidra.co
m
SBI Life Insurance Company Limited
www.sbilife.co.in
TATA AIG Life Insurance Company Limited
www.tata-aig.com
AMP Sanmar Assurance Company Limited
www.ampsanmar.com
Dabur CGU Life Insurance Co. Pvt. Limited
www.avivaindia.com

Activity (11)

You've already reviewed this. Edit your review.
1 hundred reads
sarangk87 liked this
mongiagoldy liked this
bootstrap24 liked this
Himani Harshe liked this
kaushikkopalle liked this
mrinalthakkar liked this
ateetno12002 liked this
Tanweer Ahmad liked this
suresh_kumar11 liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->