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  • Indian Insurance Industry Overview

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    Soumya Sharma Sarangi
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    The Indian insurance industry has a total of 47 insurance companies, including life as well as general (non-life) companies. Life Insurance Corporation of India (public sector) is the largest insurance Company in india, followed by ICICI Prudential and ICICI life insurance.

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    Insurance

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    The Indian insurance industry has a total of 47 insurance companies, including life as well as general (non-life) companies. Life Insurance Corporation of India (public sector) is the largest insurance Company in india, followed by ICICI Prudential and ICICI life insurance.

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    Download as DOCX, PDF, TXT or read online from Scribd
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    13 views3 pages

    Indian Insurance Industry Overview

    Uploaded by

    Soumya Sharma Sarangi
    The Indian insurance industry has a total of 47 insurance companies, including life as well as general (non-life) companies. Life Insurance Corporation of India (public sector) is the largest insurance Company in india, followed by ICICI Prudential and ICICI life insurance.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 3

    The Indian insurance industry has a total of 47 insurance companies, including life as well as general (non-life) insurance companies.

    Refer the below given table for a classfication of total number of insurance companies in India: Type of insurance Life insurance General insurance Re-Insurance Public Sector Company (ies) 01 06 01 Private Sector Companies 23 18 00 Total 24 24 01 Life Insurance companies in India [1] 1. Life Insurance Corporation of India (Public Sector) 2. MetLife India Life Insurance 3. ICICI Prudential 4. Bajaj Allianz Life Insurance 5. Max New York Life Insurance 6. Sahara Life Insurance 7. TATA AIG Life Insurance 8. HDFC Standard Life 9. Birla Sunlife 10. SBI Life Insurance Company Limited 11. Kotak Life Insurance 12. Aviva Life Insurance 13. Reliance Life Insurance Company Limited - Formerly known as AMP Sanmar LIC 14. ING Vysya Life Insurance 15. Shriram Life Insurance 16. Bharti AXA Life Insurance Co Ltd 17. Future Generali Life Insurance Co Ltd

    18. IDBI Fortis Life Insurance 19. AEGON Religare Life Insurance 1 20. DLF Pramerica Life Insurance 21. CANARA HSBC Oriental Bank of Commerce LIFE INSURANCE 22. Star Union Dai-ichi Life Insurance Co. Ltd. 23. IndiaFirst Life Insurance Company 24. Edelweiss Tokio Life Insurance Co. Ltd[ General Insurance Companies in India [3]

    1) New India Assurance Co Ltd (Public Sector) 2) United India Insurance Co Ltd (Public Sector) 3) Oriental Insurance Co Ltd (Public Sector) 4) National Insurance Co Ltd (Public Sector) 5) ICICI Lombard 6) Bajaj Allianz 7) Reliance General Insurance 8) IFFCO Tokio 9) HDFC ERGO 10) Royal Sundaram 11) Tata AIG General 12) Cholamandalam MS 13) Shriram General Insurance 14) Future Generali 15) Bharti AXA

    16) Universal Sompo 17) Raheja QBE General 18) SBI General Insurance 19) L & T General Insurance Standalone Health Insurance Companies 20) Star Health Insurance 21) Apollo Munich Health Insurance 22) Max Bupa Health Insurance Export Credit Guarantee Insurance 23) Export Credit Insurance (Public Sector) Agriculture Insurance Company 24) Agriculture Insurance (Public Sector)

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