Today we share Top 10 insurance companies in India. You always need a faithfully insurance companies so we will help you to find them. According to mapsofindia.com
Leading Insurers in India:
Following are the leading insurers in India:
- Life Insurance Corporation of India
- Tata AIG General Insurance
- Bajaj Allianz General Insurance
- New India Assurance
- ICICI Prudential Life Insurance
- IFFCO TOKIO General Insurance
- ICICI Lombard General Insurance
- Oriental Insurance
- Birla Sun Life Insurance
- HDFC Standard Life Insurance
Life Insurance Corporation of India
Life Insurance Corporation (LIC) is the biggest life insurer in India and totally owned by the union government. It specializes in individual life insurance, pension plans, and group insurance plans. It has several subsidiaries including the following:
Life Insurance Corporation of India International
LIC Housing Finance
LICHFL Care Homes
Tata AIG General Insurance
One of the major reasons behind the growth of Tata AIG General Insurance has been its employees. The organization regards its employees as valuable assets and takes pride in the fact that it has one of the finest workforces in the general insurance industry.
Bajaj Allianz General Insurance
Bajaj Allianz General Insurance has the backing of Allianz, which is one of the leading insurers of the world and Bajaj, which is among the top motorcycle manufacturers in India. It is a leading name when it comes to property insurance.
New India Assurance
New India Assurance is one of the leading names in the Indian insurance industry thanks to its pioneering efforts in several areas such as satellite insurance. Yet another reason of its current stature is its presence – it has a substantial amount of offices in India as well as outside the country.
ICICI Prudential Life Insurance
ICIC Prudential Life Insurance has a big network comprising more than 1900 branches, which includes 1074 micro offices and more than 210,000 advisors. It is one of the earliest life insurers to have received the AAA (Ind) National Financial Strength rating from Fitch.
IFFCO TOKIO General Insurance
IFFCO TOKIO has a good network comprising 110 offices across the country and 51 Strategic Business Units. It is also the sole insurer in India that has a totally owned distribution channel named IFFCO-TOKIO Insurance Services Ltd for catering its retail clients.
ICICI Lombard General Insurance
ICICI Lombard General Insurance operates in various domains such as general insurance, insurance claims management, reinsurance, and investment management and is also the biggest general insurer among the privately held companies of India.
Oriental Insurance is positioned fairly well when it comes to rankings and has received top honors from some of the leading credit rating agencies of India. AM Best, an international rating agency has given it a B++ rating, which is a good ranking. It has 26 regional offices and at least 900 operating offices in India. Besides, it functions in locations such as Nepal, Dubai, and Kuwait.
Birla Sun Life Insurance
Birla Sun Life Insurance has always been a major contributor to the development and growth of India’s life insurance sector and is presently rated as one of the top 5 private life insurers in the country.
HDFC Standard Life Insurance
HDFC Standard Life Insurance (now, HDFC Life) is one of the leading names among the private enterprises functioning in India. It deals in both group and individual insurance products. They also possess sufficient financial capability to take care of long term investments in a resourceful and safe manner.
Last Updated on June 10, 2015