List Of General Insurance Companies In India
And agricultural insurance company ltd.
List of general insurance companies in india. Royal sundaram general insurance. Star health and allied general insurance. Out of the 68 insurance companies currently operating in india there are 8 public sector insurance companies and the remaining 60 insurers are private insurance companies. In the future as well it is expected to progress at a high scale.
As gic re spreads its wings to emerge as an effective reinsurance solutions partner for the afro asian region and has started leading the reinsurance. All direct general insurance companies of india are required by law to cede a mandatory percentage of every policy value to gic re subject to some limitations and exceptions. This percentage of cession is decided by the irdai on an annual basis. Details of private insurance organizations are also available.
The indian insurance industry comprises of 68 insurance companies out of which 24 are life insurers and 27 are non life general insurers 6 are standalone health insurers 11 are re insurers. They are basically safety nets that you purchase to protect yourself your objects or your family during the times of genuine needs or emergencies with a specified premium. Earlier only two insurance companies were there in india life insurance corporation of india lic and general insurance corporation of india gic. 2010 29 shriram general insurance private jaipur.
Find information related to the general insurance companies. Tata aig general insurance. 1947 33 united india insurance company. General insurance corporation of india gic nabard and four public sector general insurance companies have contributed towards the share capital of the.
2008 30 star health and allied insurance. 2000 28 sbi general insurance private mumbai. Insurance sector has shown tremendous growth in the recent years. New india assurance general insurance.
Universal sompo general insurance. Agriculture insurance company of india limited aic was incorporated to exclusively cater to the insurance needs of the persons engaged in agriculture and allied activities in india under the companies act 1956 on 20th december 2002. At present there are 34 general insurace companies operating in india including standalone health insurance companies. 2001 32 the oriental insurance company.
List of general insurance companies in india. Now that you know the different types of general insurance policies let s check the list of companies offering these policies in india serial number. Royal sundaram general insurance. Free list of top best general insurance companies in india insurance is a product which helps you in case of emergencies by providing financial aid.
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. Catamaran accel partners and others. 2006 31 tata aig general insurance. Name of the insurer.
Aditya birla health. Acko general insurance limited.
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