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Life Insurance Corporation of India (LIC) is an Indian multinational Central Public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$630 billion) as of March 2024. [ 3 ]
Number of employees. 18,000 (2023) Website. Sbi Life. SBI Life Insurance Company Limited[ 3] is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake.
10,356 [ 2] (2022-23) Website. uiic .co .in. United India Insurance Company ( UIIC) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in Chennai, Tamil Nadu, the company has 30 regional offices and more than 1,400 operating offices nationwide, including 511 ...
acko.com. Acko General Insurance is a private sector general insurance company in India. [ 1][ 2] Founded in November 2016, the company received its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017. [ 3][ 4] Acko follows an online-led model and hence all operations for the company are offered ...
Website. nationalinsurance .nic .co .in. National Insurance Company Limited (NICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. It is headquartered at Kolkata and was established in 1906 by Gordhandas Dutia and Jeevan Das Dutia. National Insurance company and Asian ...
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14,273 (2021) [ 1] Website. www .starhealth .in. Star Health and Allied Insurance Co Ltd is an Indian multinational health insurance company headquartered in Chennai. [ 2] The company provides services in health, personal accident and overseas travel insurance, directly as well as through various channels like agents, brokers and online.
Life insurance is one of the growing sectors in India since 2000 as Government allowed Private players and FDI up to 26% and recently Cabinet approved a proposal to increase it to 49%. In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859 [ 1] (worth ₹15 lakh & ₹41 lakh in 2017 prices).