List Of General Insurance Companies In India
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.
List of general insurance companies in india. Name of the insurer. 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. 2006 31 tata aig 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.
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. New india assurance general insurance. Find information related to the general insurance companies. Star health and allied general insurance.
This percentage of cession is decided by the irdai on an annual basis. Earlier only two insurance companies were there in india life insurance corporation of india lic and general insurance corporation of india gic. In the future as well it is expected to progress at a high scale. 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.
2001 32 the oriental insurance company. 1947 33 united india insurance company. 2010 29 shriram general insurance private jaipur. Universal sompo general insurance.
Royal sundaram general insurance. 2008 30 star health and allied insurance. Royal sundaram general insurance. Raheja qbe general insurance.
Tata aig general insurance. 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. United india general insurance. Other stakeholders in the.
2000 28 sbi general insurance private mumbai. List of general insurance companies in india. And agricultural insurance company ltd. Details of private insurance organizations are also available.
General insurance corporation of india gic nabard and four public sector general insurance companies have contributed towards the share capital of the. 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. Aditya birla health. 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. 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.
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