Insurance Companies List PDF

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Insurance Companies List PDF

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Insurance Companies List
Insurance Companies List

Insurance Companies

Insurance Companies :- At present there are 57 insurance companies in India. Out of these, 24 companies have got approval from IRDA for life insurance business, the remaining 34 companies do not have approval for life insurance from IRDA.

The list of insurance companies in India will be given in this article.
In the list of companies given by us, LIC i.e. Life Insurance Corporation of India is the only life insurance company that is public. All other companies are private insurance companies. These companies provide individual family and business insurance solutions.

These companies provide financial security in managing risks. The company keeps on offering its clients attractive investment plans with various insurances.

When you buy an insurance plan, we need to determine whether this company is reliable or not. Keeping all these things in mind, we should take an insurance plan.

Indian Insurance Companies

S.NoCompanyAnnual Premium for 2020-2021 (Rs. in crores)Claim Settlement Ratio 2020-2021Solvency Ratio
1Life Insurance Corporation of India3,79,389.6098.62%1.66
2HDFC Life Insurance38,583.4998.01%1.99
3SBI Life Insurance50,254.1793.09%2.33
4ICICI Prudential35,732.8297.93%2.13
5Max life19,017.9099.35%2
6Bajaj Allianz12,024.8498.48%7.16
7Kotak Mahindra11,100.2298.50%2.97
8Aditya Birla Sunlife9,775.2298.04%1.77
9Tata AIA11,105.0998.02%2
10India First4,055.5096.81%1.76
11PNB Met life6,032.8298.17%1.96
12Canara HSBC OBC5,116.0397.10%3.19
13Reliance Nippon4,736.4598.49%2.28
14Exide life3,324.7598.54%2.17
15Bharti AXA2,280.8299.05%1.83
16Star Union2,998.6295.96%2.30
17Future Generali1,322.1994.86%1.72
19IDBI Federal
Ageas Federal Life
20Pramerica life993.6098.61%4.19
24Edelweiss Tokio1,248.2497.01%2.2

Insurance Companies List PDF

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