List of insurance companies in India

2021-08-02T12:24:50Z

146.162.241.247:

Following is the '''list of insurance companies in India''' which have been approved by the [[Insurance Regulatory and Development Authority|Insurance Regulatory and Development Authority of India]] (IRDAI) which is a statutory body regulating and promoting the insurance and reinsurance industries in India.

== Life insurance companies ==
As of October 2018, IRDAI has recognized 24 life insurance companies. Following is the list:<ref>{{cite web | url=https://www.irdai.gov.in/ADMINCMS/cms/NormalData_Layout.aspx?page=PageNo129&mid=3.1.9 | title=Updated List of Life Insurers | publisher=IRDAI | date=31 October 2018 | accessdate=14 November 2018}}</ref>
{| class="wikitable sortable"
|+List is arranged chronologically based on their recognition by IRDAI
! # !! Company !! Sector
!Headquarters!! Founded
|-
| 1 || [[Life Insurance Corporation of India]] || Govt.
|Mumbai|| 1956
|-
| 2 || [[HDFC Life|HDFC Standard Life Insurance Co. Ltd.]] || Private
|Mumbai|| 2000
|-
| 3 || [[Max Life Insurance|Max Life Insurance Co. Ltd.]] || Private
|Delhi|| 2000
|-
| 4 || ICICI Prudential Life Insurance|[[ICICI Prudential Life Insurance|ICICI Prudential Life Insurance Co. Ltd.]]|| Private
|Mumbai|| 2000
|-
| 5 || [[Kotak Life Insurance|Kotak Mahindra Life Insurance Co. Ltd.]] || Private
|Mumbai|| 2001
|-
| 6 || Aditya Birla Sun Life Insurance|[[Birla Sun Life Asset Management|Aditya Birla Sun Life Insurance Co. Ltd.]] || Private
|Mumbai||2000
|-
| 7 || [[TATA AIG|TATA AIG Life Insurance Co. Ltd]]. || Private
|Mumbai|| 2001
|-
| 8 || [[SBI Life Insurance Company|SBI Life Insurance Co. Ltd.]] || Private
|Mumbai|| 2001
|-
| 9 || [[Exide Life Insurance|Exide Life Insurance Co. Ltd.]] || Private
|Bangalore || 2001
|-
| 10 || [[Bajaj Allianz Life Insurance|Bajaj Allianz Life Insurance Co. Ltd.]] || Private
|Pune|| 2001
|-
| 11 || [[PNB MetLife India Insurance Company|PNB MetLife India Insurance Co. Ltd.]] || Private
|Mumbai|| 2001
|-
| 12 || [[Reliance Life Insurance|Reliance Nippon Life Insurance Company]] || Private
|Mumbai|| 2001
|-
| 13 || [[Aviva India|Aviva Life Insurance Company India Ltd.]] || Private
|Gurugram || 2002
|-
| 14 || Sahara India Life Insurance Co. Ltd. || Private
|Lucknow || 2004
|-
| 15 || Shriram Life Insurance Co. Ltd. || Private
|Hyderabad|| 2005
|-
| 16 || Bharti AXA Life Insurance Co. Ltd. || Private
|Mumbai|| 2008
|-
| 17 || [[Future Generali India Insurance|Future Generali India Life Insurance Co. Ltd.]] || Private
|Mumbai|| 2007
|-
| 18 || [[IDBI Federal Life Insurance|IDBI Federal Life Insurance Co. Ltd.]] || Private
|Mumbai|| 2008
|-
| 19 || [[Canara HSBC Oriental Bank of Commerce Life Insurance|Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.]]|| Private
|Gurugram|| 2008
|-
| 20 || [[Aegon Life Insurance Company|Aegon Life Insurance Co. Ltd.]] || Private
|Mumbai|| 2008
|-
| 21 || Pramerica Life Insurance Co. Ltd. || Private
|Mumbai|| 2008
|-
| 22 || Star Union Dai-Ichi Life Insurance Co. Ltd. || Private
|Mumbai|| 2008
|-
| 23 || [[IndiaFirst Life Insurance Company|IndiaFirst Life Insurance Co. Ltd.]] || Private
|Mumbai|| 2009
|-
| 24 || Edelweiss Tokio Life Insurance Co. Ltd. || Private
|Mumbai|| 2011
|-
|}

== General insurance companies ==
As of October 2018, IRDAI has recognized 34 non-life insurance companies.<ref>{{Cite web|url=https://www.irdai.gov.in/ADMINCMS/cms/NormalData_Layout.aspx?page=PageNo264&mid=3.2.10 |title=List of Non-life insurer | publisher=IRDAI | date=31 October 2018 | accessdate=14 November 2018}}</ref>

{| class="wikitable sortable"
|-
!
!Company
!Sector
!Headquarters
!Founded
|-
|1
| [[Acko General Insurance]]
|Private
| [[Mumbai]]
| 2016
|-
|2
| [[Aditya Birla Group|Aditya Birla Health Insurance]]
|Private
| [[Mumbai]]
| 2015
|-
|3
| [[Agriculture Insurance Company of India]]
|Govt.
| [[New Delhi]]
| 2002
|-
|4
| [[Apollo Munich Health Insurance]]
|Private
| [[Gurgaon]]
| 2007
|-
|5
| [[Bajaj Allianz General Insurance]]
|Private
| [[Pune]]
| 2001
|-
|6
| Bharti AXA General Insurance
|Private
| [[Mumbai]]
| 2008
|-
|7
| [[Cholamandalam MS General Insurance]]
|Private
| [[Chennai]]
| 2001
|-
|8
| Cigna TTK
|Private
| [[Mumbai]]
| 1918
|-
|9
| DHFL General Insurance
|Private
| [[Mumbai]]
| 2016
|-
|10
| Digit Insurance
|Private
| [[Pune]]
| 2017
|-
|11
| Edelweiss General Insurance
|Private
| [[Mumbai]]
| 2017
|-
|12
| [[Export Credit Guarantee Corporation of India]]
|Govt.
| [[Mumbai]]
| 1957
|-
|13
| [[Future Generali India Insurance]]
|Private
| [[Mumbai]]
| 2007
|-
|14
| [[HDFC ERGO General Insurance Company]]
|Private
| [[Mumbai]]
| 2002
|-
|15
| [[ICICI Lombard]]
|Private
| [[Mumbai]]
| 2001
|-
|16
| IFFCO TOKIO General Insurance
|Private
| [[Gurugram]]
| 2000
|-
|17
| [[Kotak Mahindra General Insurance]]
|Private
| [[Mumbai]]
| 2015
|-
|18
| [[Liberty General Insurance]]
|Private
| [[Mumbai]]
| 2013
|-
|19
| Magma HDI General Insurance
|Private
| [[Mumbai]]
| 2009
|-
|20
| Max Bupa Health Insurance
|Private
| [[New Delhi]]
| 2008
|-
|21
| [[National Insurance Company]]
|Govt.
| [[Kolkata]]
| 1906
|-
|22
| [[New India Assurance]]
|Govt.
| [[Mumbai]]
| 1919
|-
|23
| Raheja QBE General Insurance
|Private
| [[Mumbai]]
| 2007
|-
|24
| [[Reliance General Insurance]]
|Private
| [[Mumbai]]
| 2000
|-
|25
| Reliance Health Insurance
|Private
| [[Mumbai]]
| 2017
|-
|26
| [[Religare Health Insurance Company Limited]]
|Private
| [[Gurgaon]]
| 2012
|-
|27
| [[Royal Sundaram General Insurance]]
|Private
| [[Chennai]]
| 2000
|-
|28
| SBI General Insurance
|Private
| [[Mumbai]]
| 2010
|-
|29
| Shriram General Insurance
|Private
| [[Jaipur]]
| 2008
|-
|30
| [[Star Health and Allied Insurance]]
|Private
| [[Chennai]]
| 2006
|-
|31
| [[TATA AIG|Tata AIG General Insurance]]
|Private
| [[Mumbai]]
| 2001
|-
|32
| [[The Oriental Insurance Company]]
|Govt.
| [[New Delhi]]
| 1947
|-
|33
| [[United India Insurance Company]]
|Govt.
| [[Chennai]]
| 1938
|-
|34
| [[Universal Sompo General Insurance Company]]
|Private
| [[Mumbai]]
| 2007
|}

== Reinsurance companies ==
As of January 2020, IRDAI has recognized one [[reinsurance]] company.<ref>{{cite web | url=https://www.irdai.gov.in/ADMINCMS/cms/NormalData_Layout.aspx?page=PageNo1687&mid=3.3.6 | title=List of Re-insurers | publisher=IRDAI | date=2 January 2020 | accessdate=9 January 2020}}</ref>

{| class="wikitable sortable"
|-
!
!Company
!Sector
!Headquarters
!Founded
|-
|1
| [[General Insurance Corporation of India]]
|Govt.
| [[Mumbai]]
| 1972
|}

==References==
{{Reflist}}

==External links==
* [http://www.irda.gov.in/ Insurance Regulatory & Development Authority]

{{Insurance in India}}

[[Category:Life insurance companies of India]]
[[Category:Lists of insurance companies|India]]

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List of insurance companies in India