Sunday, 16 December 2018

Top insurance company in India

Life Insurance Corporation


Website
www.licindia.in

General Information:

The Life Insurance Corporation of India is an Indian state-owned insurance group and headquartered investment company in Mumbai. It is the largest insurance company in India whose estimate value is ₹ 2,529,390 crores.

Headquarters: Mumbai
Founder: Government of India
Installed: September 1, 56
Owner: Government of India (100%)
Total assets: 25.29 lakh crores (2016, US $ 380 billion)
Role: Insurance
Subsidiary: LIC Card Services, LIC International, LIC Nepal, Life Insurance Corporation International BSc, LIC


History:

The Oriental Life Insurance Company, the first company in India, offers life insurance coverage; In 1818, "Anita Bhasar" and others were established in Kolkata. Its primary target market was European based in India, and it charged heavy premiums to Indians. Surendranath Tagore founded the Hindustan Insurance Society, which later became a life insurance corporation.

ICICI Prudential Life Insurance


Website
Www.Iciciprulife.Com

General Information:

ICICI Prudential Life Insurance Company Limited Is A Life Insurance Company Based In India. By 2015, It Reported Property Of More Than Rs. 100,000 Cr

Stock Price: ICICIPRUI (NSE) ₹ 314.60 +1.00 (+ 0.32%)
Customer Service: 1860 266 7766
CEO: NS Kannan (June 19, 2018-)
Headquarters: Mumbai
Installed: December 12, 2000
Parents Organization: ICICI Bank
Assistant: ICICI Prudential Pension Fund Management Company Limited
People Also Search For: ICICI Bank, HDFC Life, Life Insurance Corporation, ICICI Lombard, SBI Life Insurance Company,

History:-

ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) Is Promoted By ICICI Bank Limited And Prudential Corporation Holdings Limited. ICICI Prudential Life Started Operations In The Financial Year 2001 And Has Consistently Been One Of The Top Players In The Life Insurance Sector Of India. Assets Under Management (AUM) ₹ 1,395.3 Billion On March 31, 2018.


Reliance Life Insurance


Website
http://www.reliancenipponlife.com

General Information: 

Reliance Nippon Life Insurance Company (RNLI) is one of the life insurance companies in India. The firm offers life insurance products targeted at individuals and groups, catering to four ...
Total assets: ₹150 billion (US$2.1 billion)
Products: Individual and Group Insurance Plans
Key people: Anmol Ambani, Chairman Ashish Vohra, CEO
Headquarters: Navi Mumbai(New Mumbai), India
Products
Individual and Group Insurance Plans

History:

AMP Sanmar Life Insurance Company was formed 2001.
AMP gets IRDA approval to commence business 2002 .
Reliance Life Insurance takes over AMP Sanmar 2005 .
2006 Name changed to Reliance Life Insurance Co. Ltd.
ISO 9001:2000 Certification 2007.
2008 Becomes 4th largest private insurer
Becomes the largest private insurer in number of policies 2010
Nippon Life signs definitive agreement to acquire 26% of the company 2011 .
Nippon acquires 49% stake in 2016 Reliance Life Insurance Company


Bajaj Alliance Life Insurance





Website
www.bajajallianzlife.com

General Information:

Bajaj Allianz Life Insurance is a joint venture between Bajaj FinServ Ltd, which is owned by the Bajaj Group of India and alianz SE, a European financial services company. Being one of the private insurance companies in India, it provides insurance products for financial planning and security.

Industry: Insurance Services
Chief People: Tarun Chugh (MD & CEO)
Total assets: $ 4361,583
Headquarters: Pune, India

History:

Bajaj Allianz Life Insurance started operations on March 12, 2001 and today there is an all-India presence of 759 branches in India. It has its headquarters in Pune, India. Bajaj Allianz Life Insurance received Registration Regulatory and Development Authority (IRDA) certificate on August 3, 2001 for conducting life insurance business in India.


Birla Sun Life Asset Management


Website
mutualfund.adityabirlacapital.com

General Information:

Aditya Birla Sun Life Asset Management Company Limited, formerly known as Birla Sun Life Asset Management Company Limited, is an investment management company registered under the Securities and Exchange Board of India. It is a joint venture between Aditya Birla Group and Canada's Sun Life Financial Inc.
Services
investment Management

History:

Birla Sun Life Asset Management Company was established in 1994 as Joint Venture between Aditya Birla Group and Canadian Sun Life Financial.


SBI Life Insurance Company


Website:
https://www.sbilife.co.in/

General Information:

SBI Life Insurance is a joint venture life insurance company between State Bank of India, India's largest government-owned banking and financial services company and BNP Paribas Cardiff. BNP Paribas is a French multinational bank and financial services company with global headquarters in Paris.
the product
Life insurance
Pension

History:

SBI Life Insurance Public Limited is a listed company. SBI Life Insurance listed on BSE and NSE (Stock Exchange of India) In 2001, SBI Life started as joint venture with BNP Paribas. In the initial phase, its business was primarily from the Bankruptcy Channel, now it is developing its agency team to sell its life insurance products.

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