Insurance companies in India offer a variety of life insurance products to suit the needs of different individuals.
There are many life insurance companies in India to choose from. Some of the most popular include: -Life Insurance Corporation of Indi
-HDFC Life Insurance Company -Max Life Insurance Company -Bajaj Allianz Life Insurance Company
-ICICI Prudential Life Insurance Company -Kotak Mahindra Old Mutual Life Insurance Ltd. -ING Vysya Life Insurance Company Limited
-HDFC Life Insurance Company -Max Life Insurance Company -Bajaj Allianz Life Insurance Company
-ICICI Prudential Life Insurance Company -Kotak Mahindra Old Mutual Life Insurance Ltd. -ING Vysya Life Insurance Company Limited
Each company has different policies and plans to suit the needs of their customers. It is important to do your research before choosing a life insurance policy to make sure it is the right fit for you and your fa
Best Life Insurance companies in India – IRDAI Approved
Following is a list of all 24 life insurance companies with their claims settlement ratio, founding year, name of MD & CEO and headquarter address.
| Sr. No. | Company Name | Claim settlement Ratio (2020-21) | Founding Year | MD / CEO Name | Headquarter Address |
| 1 | Life Insurance Corporation of India | 96.70% | 1956 | Mr. M.R Kumar (Chairman) | Central Office, Yogakshema, Jeevan Bima Marg, Nariman Point, Mumbai – 400 021 |
| 2 | Max Life Insurance Co. Ltd. | 99.35% | 2000 | Mr. Prashant Tripathy | 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram, Haryana – 122002 |
| 3 | HDFC Life Insurance Co. Ltd. | 98.01% | 2000 | Ms. Vibha Padalkar | Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai- 400 011 |
| 4 | ICICI Prudential Life Insurance Co. Ltd. | 97.90% | 2000 | Mr. N. S. Kannan | ICICI Pru Life Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai – 400025 |
| 5 | Aditya Birla SunLife Insurance Co. Ltd. | 98.08% | 2000 | Mr. Kamlesh Rao | One Indiabulls Centre, Tower 1, 15th & 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai – 400013 |
| 6 | Kotak Mahindra Life Insurance Co. Ltd. | 98.50% | 2001 | Mr. Mahesh Balasubramanian | 2nd Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai – 400051 |
| 7 | Pramerica Life Insurance Co. Ltd. | 98.42% | 2008 | Kalpana Sampat | 4th Floor, Building No. 9 B, Cyber City, DLF Phase III, Gurgaon – 122002, Haryana |
| 8 | TATA AIA Life Insurance Co. Ltd. | 98.02% | 2000 | Mr. Naveen Tahilyani | 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai – 400013 |
| 9 | Bajaj Allianz Life Insurance Co. Ltd. | 98.48% | 2001 | Mr. Tarun Chugh | Bajaj Allianz House, Airport Road, Yerawada, Pune – 411006, Maharashtra |
| 10 | SBI Life Insurance Co. Ltd. | 93.09% | 2001 | Mr. Mahesh Kumar Sharma | Natraj, M.V. Road & Western Express Highway Junction, Andheri (East), Mumbai – 400 069. |
| 11 | Exide Life Insurance Co. Ltd. | 98.54% | 2001 | Mr. Kshitij Jain | Third Floor, JP Techno Park, No. 3/1, Millers Road, Bangalore- 560 001 |
| 12 | Reliance Nippon Life Insurance Company | 98.70% | 2001 | Mr. Ashish Vohra | Unit Nos. 401B, 402, 403 & 404, 4th Floor, Inspire-BKC, G Block, BKC Main Road, Bandra Kurla Complex, Bandra East, Mumbai – 400051 |
| 13 | Sahara India Life Insurance Co. Ltd. | 98.49% | 2000 | Shri Arun Kanti Dasgupta | Sahara India Centre, 2 Kapoorthala Complex, Lucknow – 226024 |
| 14 | Aviva Life Insurance Company India Ltd. | 98.01% | 2002 | Trevor Bull | 401-A, 4th Floor,Block A, DLF Cyber Park,Sector-20, NH-8, Gurugram, Haryana-122 008 |
| 15 | PNB MetLife India Insurance Co. Ltd | 98.17% | 2001 | Mr. Ashish Kumar Srivastava | Unit No. 701, 702 and 703, 7th floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka |
| 16 | Bharti AXA Life Insurance Company Ltd | 99.05% | 2005 | Mr. Parag Raja | Unit No. 1902, 19th Floor, Parinee Crescenzo, ‘G’ Block, Bandra Kurla Complex, BKC Road, Near MCA Club, Bandra East, Mumbai – 400051 |
| 17 | Ageas Federal Life Insurance Co. Ltd. (formerly IDBI Federal Life Insurance Co Ltd.) | 95.07% | 2008 | Mr. Vighnesh Shahane | 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East), Mumbai 400013, Maharashtra |
| 18 | Future Generali India Life Insurance Co Ltd | 94.86% | 2006 | Mr. Anup Rau | Unit 801 and 802, 8th floor, Tower C, Embassy 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai – 400083 |
| 19 | Shriram Life Insurance Co. Ltd. | 95.12% | 2005 | Mr. Casparus Jacobs Hendrik Kromhout | Ramky Selenium, Plot No:31 & 32, Beside Andhra Bank Training Center, Financial District, Gachibowli, Hyderabad-500032 |
| 20 | Aegon Life Insurance Co. Ltd. | 99.25% | 2008 | Mr. Satishwar Balakrishnan | A – 201, 2nd Floor, Leela Business Park, Andheri-Kurla Road, Andheri (E), Mumbai – 400059 |
| 21 | Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. | 97.10% | 2007 | Mr. Anuj Mathur | 139 P Sector – 44, Gurugram – 122003 Haryana, India |
| 22 | Edelweiss Tokio Life Insurance Co. Ltd. | 97.01% | 2009 | Mr. Sumit Rai | 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai – 400070 |
| 23 | Star Union Dai-Ichi Life Insurance Co. Ltd. | 95.96% | 2007 | Shri Abhay Tewari | 11th Floor, Vishwaroop IT Park, Plot No. 34, 35 & 38, Sector 30A of IIP, Vashi, Navi Mumbai – 400 703 |
| 24 | IndiaFirst Life Insurance Co. Ltd. | 96.81% | 2009 | R.M. Vishakha | 12th and 13th Floor, North [C] wing, Tower 4, Nesco IT Park, Nesco Center, Western Express Highway, Goregaon (East), Mumbai – 400063 |
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How Many Life Insurance Companies are Listed in India?
There are close to 60 life insurance companies listed in India. These include both public and private sector insurers. The list includes some of the well-known names such as LIC (Life Insurance Corporation of India), HDFC Life, SBI Life, Max Life Insurance, ICICI Prudential Life Insurance, Kotak Mahindra Old Mutual Life Insurance and Bajaj Allianz Life Insurance.
Which is the No 1 Life Insurance Company in India?
The No 1 life insurance company in India is LIC (Life Insurance Corporation of India). It is a government-owned corporation and the largest life insurer in India with a total premium income of Rs. 2,061 crore in FY 2013-14. The company has more than 22 million policyholders and over 9,000 branches across the country.
How Many Insurance Company Available in India?
There are around 50 insurance companies in India. Some of the major ones are LIC (Life Insurance Corporation of India), ICICI Prudential, Bajaj Allianz, HDFC Life, SBI Life etc.
Which are the Insurance Companies?
There are many insurance companies in the world, but some of the largest and most well-known are: Allstate Farmers
Geico Progressive State Farm
These companies offer a variety of different insurance products, including auto, home, life, and health insurance. They all have different coverage options and prices, so it’s important to compare them before choosing an insurer.
Geico Progressive State Farm
These companies offer a variety of different insurance products, including auto, home, life, and health insurance. They all have different coverage options and prices, so it’s important to compare them before choosing an insurer.
Top 10 Life Insurance Companies in India
When it comes to life insurance, there are a lot of companies in India to choose from. To help narrow down your options, we’ve compiled a list of the top 10 life insurance companies in India. 1. LIC (Life Insurance Corporation of India)
2. SBI Life Insurance 3. HDFC Standard Life Insurance 4. Max Life Insurance
5. Kotak Mahindra Old Mutual Life Insurance Ltd.
2. SBI Life Insurance 3. HDFC Standard Life Insurance 4. Max Life Insurance
5. Kotak Mahindra Old Mutual Life Insurance Ltd.
Top 24 Life Insurance Companies in India
When it comes to life insurance, there are a lot of options available in the market. And, with so many companies to choose from, it can be difficult to decide which one is best for you. To help you out, we’ve compiled a list of the top 24 life insurance companies in India.
1. Life Insurance Corporation of India LIC is one of the most popular life insurance companies in India and has been serving the nation since 1956. It offers a wide range of policies that cater to different needs and requirements.
Some of its popular policies include term plans, child plans, pension plans, etc. 2. SBI Life Insurance Company Limited SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif and was established in 2001.
The company offers both individual and group insurance plans that provide comprehensive coverage at an affordable price. Some of its popular policies include term plans, whole life plans, ULIPs, etc.
1. Life Insurance Corporation of India LIC is one of the most popular life insurance companies in India and has been serving the nation since 1956. It offers a wide range of policies that cater to different needs and requirements.
Some of its popular policies include term plans, child plans, pension plans, etc. 2. SBI Life Insurance Company Limited SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif and was established in 2001.
The company offers both individual and group insurance plans that provide comprehensive coverage at an affordable price. Some of its popular policies include term plans, whole life plans, ULIPs, etc.
Top 20 Life Insurance Company in India
When it comes to life insurance companies in India, there are plenty of options to choose from. But, which one is the best? Here is a list of the top 20 life insurance companies in India, based on their market share:
1. LIC (Life Insurance Corporation of India) – 51% 2. HDFC Life Insurance – 7.8% 3. ICICI Prudential Life Insurance – 7%
4. SBI Life Insurance – 6.3% 5. Max Life Insurance – 4%
1. LIC (Life Insurance Corporation of India) – 51% 2. HDFC Life Insurance – 7.8% 3. ICICI Prudential Life Insurance – 7%
4. SBI Life Insurance – 6.3% 5. Max Life Insurance – 4%
List of Insurance Companies in India Pdf
There are many insurance companies in India which offer a variety of insurance products to cater to the needs of individuals and businesses. Some of the leading insurance companies in India are: HDFC Life Insurance Company: HDFC Life is one of the largest private life insurers in India with over 18 million customers.
The company offers a wide range of life insurance products such as term plans, ULIPs, pension plans, child plans, health plans, etc. ICICI Prudential Life Insurance Company: ICICI Prudential Life Insurance is a joint venture between ICICI Bank and Prudential plc. It is one of the leading life insurers in India with over 20 million customers.
The company offers a wide range of life insurance products such as term plans, ULIPs, pension plans, child plans, health plans, etc. Bajaj Allianz Life Insurance Company: Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv and Allianz SE. It is one of the leading life insurers in India with over 9 million customers.
The company offers a wide range of life insurance products such as term plans, ULIPs, pension plans, child plans , health Plans , etc .
The company offers a wide range of life insurance products such as term plans, ULIPs, pension plans, child plans, health plans, etc. ICICI Prudential Life Insurance Company: ICICI Prudential Life Insurance is a joint venture between ICICI Bank and Prudential plc. It is one of the leading life insurers in India with over 20 million customers.
The company offers a wide range of life insurance products such as term plans, ULIPs, pension plans, child plans, health plans, etc. Bajaj Allianz Life Insurance Company: Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv and Allianz SE. It is one of the leading life insurers in India with over 9 million customers.
The company offers a wide range of life insurance products such as term plans, ULIPs, pension plans, child plans , health Plans , etc .
List of Private Insurance Companies in India
The insurance sector in India has been growing rapidly in recent years. The industry is currently worth Rs 6,30,000 crore (US$ 92.5 billion) and is expected to grow to Rs 8,00,000 crore (US$ 120 billion) by 2020.1 There are many private insurance companies operating in India, providing a range of products such as life insurance, health insurance, motor vehicle insurance etc.
Some of the leading private insurers in India are listed below: 1. Bajaj Allianz Life Insurance Company 2. HDFC Standard Life Insurance Company
3. ICICI Prudential Life Insurance Company 4. Max Life Insurance Company 5. SBI Life Insurance Company
6. Birla Sun Life Insurance Company
Some of the leading private insurers in India are listed below: 1. Bajaj Allianz Life Insurance Company 2. HDFC Standard Life Insurance Company
3. ICICI Prudential Life Insurance Company 4. Max Life Insurance Company 5. SBI Life Insurance Company
6. Birla Sun Life Insurance Company
List of General Insurance Companies in India
There are many insurance companies in India, but only a few of them offer general insurance. Here is a list of the top general insurance companies in India: 1. Bajaj Allianz General Insurance Company:
This company offers a wide range of general insurance products such as motor, health, travel, home, and personal accident insurance. It has a network of over 3200 offices across India and serves more than 1 crore customers.
This company offers a wide range of general insurance products such as motor, health, travel, home, and personal accident insurance. It has a network of over 3200 offices across India and serves more than 1 crore customers.
Top 10 Insurance Companies in India
There are a lot of insurance companies in India to choose from. Here is a list of the top 10 insurance companies in India according to their market share: 1. Life Insurance Corporation of India (LIC)
2. ICICI Prudential Life Insurance Company Ltd. 3. HDFC Standard Life Insurance Company Ltd. 4. SBI Life Insurance Company Ltd.
5. Max Life Insurance Co. Ltd.
2. ICICI Prudential Life Insurance Company Ltd. 3. HDFC Standard Life Insurance Company Ltd. 4. SBI Life Insurance Company Ltd.
5. Max Life Insurance Co. Ltd.
List of Health Insurance Companies in India
There are a number of health insurance companies in India that offer a variety of health insurance plans. Some of the leading health insurance companies in India are: 1. Bajaj Allianz Health Insurance Company
2. Star Health and Allied Insurance Company 3. Apollo Munich Health Insurance Company 4. ICICI Lombard General Insurance Company
2. Star Health and Allied Insurance Company 3. Apollo Munich Health Insurance Company 4. ICICI Lombard General Insurance Company
Conclusion
There are many life insurance companies in India, each with its own set of products and services. The list of life insurance companies in India includes both public and private sector insurers.
Some of the leading life insurance companies in India are LIC (Life Insurance Corporation of India), HDFC Life, Max Life Insurance, SBI Life Insurance, Bajaj Allianz Life Insurance, Kotak Mahindra Old Mutual Life Insurance, ICICI Prudential Life Insurance,reliance nippon life insurance company etc.