General Insurance Companies In India Ranking

Acord is the insurance industry global standards organization.

General insurance companies in india ranking. Reliance general insurance co ltd. 022 4231 3888 fax. Hence it comes among the top 20 general insurance companies in india. Lic is the oldest and most trusted brand amongst the best life insurance companies in india.

One of the leading general insurance companies of india reliance general insurance has 139 offices and more than 12 000 intermediaries across india. It is called property and casualty insurance in the u s. One of the leading fmgc companies of india and sompo japan nipponkoa a private japanese insurance company based out in tokyo. Both third party and comprehensive policies are offered by general insurance companies.

And canada and non life insurance in continental europe. Windsor house 5th floor cst road kalina santa cruz east mumbai 400 098. There are 33 general insurance companies in india and 31 of them offer car insurance policies. Is a private public joint venture between three public sector banks namely indian overseas bank iob allahabad bank and karnataka bank.

This multinational company is solely owned by the government and is the biggest in the public sector market. In 1938 the government of india introduced the insurance act which is mainly to protect. Since car insurance policies are mandatory almost all general insurance companies offer car insurance plans. Raheja qbe general insurance co.

Established in 1956 this is a state owned enterprise which offers a huge and diverse variety of life insurance products such as endowment plans money back plans term assurance plans pension plans unit linked plans children plans group schemes special plans and many more. Following is the list of insurance companies in india which have been approved by the insurance regulatory and development authority of india irdai which is a statutory body regulating and promoting the insurance and re insurance industries in india. Life insurance companies in india did you know that there were around 245 life insurance companies in india in january 1956. Top 10 best insurance companies in india 2016.

Top 20 general insurance companies in india general insurance comprises of any insurance that is not determined to be life insurance. Life insurance business was started in india in 1818 with the establishment of oriental life insurance company in kolkata. Raheja qbe general insurance co. New india assurance company limited.

The services from reliance general insurance is not only about claims and premiums but also offers services like enlightening the people to make a tension free and healthy. Updated list of top 10 best general insurance companies in india to buy insurance plans 1. Reliance general insurance reliance general insurance is an auxiliary of reliance capital ltd.