Insurance Sector In India

Insurance Regulatory & Development Authority acts as the regulatory body in the insurance sector in India. The new insurance policies adopted by the companies have given enough opportunities to the peoples for being insured. In the same direction both the Life Corporation of India and General Insurance Corporation have stepped forward to develop the insurance industry in India.

Insurance Companies In India:

Some of the leading Life Insurance Companies and Non-Life Insurance Companies in India are as follows:

Life Insurance Companies In India:

Among various life insurance companies in India, the Gross Written Premiums of the Life Insurance Corporation is the highest. Some of the top life insurance companies in India are as follows:

• LIC
• ICICI Prudential
• Birla Sun Life Insurance
• HDFC Standard Life Insurance
• SBI Life Insurance
• Tata AIG Insurance
• Kotak Life Insurance
• Max New York Insurance
• ING Vyasa

Non-Life Insurance Companies In India

Among various Non-Life Insurance Companies, the New India Insurance Company tops ahead in terms of Gross Written Premiums.

Some of the leading Non-Life Insurance Companies in India are as follows:

• New India Insurance
• National Insurance Company
• ICICI Lombard
• Allianz Bajaj
• Tata AIG insurance

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