Insurance Companies in India
List of Insurance Companies in India is not only important for competitive exams preparation but also
for practical purposes. Hence, the following article elaborates the full list of Insurance Companies in
India as far as the life insurance companies, general and non-life insurance companies are
concerned. Let’s learn more about the leading insurance companies in India through this article.
● All the insurance companies in India are recognized by the Insurance Regulatory and
Development Authority (IRDA).
● The IRDA is the statutory body responsible for promoting and regulating all kinds of
insurance companies in the country.
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List of Insurance Companies in India
List of Insurance Companies in India provides a comprehensive compilation of insurance
providers in the country, serving as a valuable reference for individuals and businesses seeking
insurance coverage and information. In this article we have listed both public and private sector
Insurance Companies in India
1. General Insurance Companies
2. Life Insurance Companies
3. Health Insurance Companies
4. Reinsurance Companies
List of Insurance Companies in India - General Insurance
The below table provides the list of 34 non-life or general insurance companies currently operational
in India along with their year of establishment, sector, and headquarters.
Public Sector General Insurance Companies
SR Insurance Companies Headquarter Founded
1 Agriculture Insurance Company of India New Delhi 2002
2 National Insurance Company Kolkata 1906
3 New India Assurance Mumbai 1919
4 SBI General Insurance Mumbai 2010
5 The Oriental Insurance Company New Delhi 1947
6 United India Insurance Company Chennai 1938
Private Sector General Insurance Companies
SR Insurance Companies Headquarter Founded
1 Acko General Insurance Mumbai 2016
2 Aditya Birla Health Insurance Mumbai 2015
3 Apollo Munich Health Insurance Gurgaon 2007
4 Bajaj Allianz General Insurance Pune 2001
5 Bharti AXA General Insurance Mumbai 2008
6 Cholamandalam MS General Insurance Chennai 2001
7 Cigna TTK Mumbai 1918
8 DHFL General Insurance Mumbai 2016
9 Digit Insurance Pune 2017
10 Edelweiss General Insurance Mumbai 2017
11 Export Credit Guarantee Corporation of India (ECGC) Mumbai 1857
12 Future Generali India Insurance Mumbai 2007
13 HDFC ERGO General Insurance Company Mumbai 2002
14 ICICI Lombard Mumbai 2001
15 IFFCO TOKIO General Insurance Gurugram 2000
16 Kotak Mahindra General Insurance Mumbai 2015
17 Liberty General Insurance Mumbai 2013
18 Magma HDI General Insurance Mumbai 2009
19 Max Bupa Health Insurance New Delhi 2008
20 Raheja QBE General Insurance Mumbai 2007
21 Reliance General Insurance Mumbai 2017
22 Religare Health Insurance Company Limited Gurgaon 2012
23 Royal Sundaram General Insurance Chennai 2000
24 Shriram General Insurance Jaipur 2008
25 Star Health and Allied Insurance Chennai 2006
26 Tata AIG General Insurance Mumbai 2001
27 Universal Sompo General Insurance Company Mumbai 2007
List of Insurance Companies in India- Life Insurance
Below we have provided list of Life Insurance Companies of both private and public sector
Public Sector Life Insurance Companies
SN Name of Life Insurance Companies Headquarter Founded
1 Life Insurance Corporation of India Mumbai 1956
2 SBI Life Insurance Co. Ltd. Mumbai 2001
Private Sector Life Insurance Companies
SN Name of Insurance Companies Headquarter Founded
1 Aditya Birla Sun Life Insurance Co. Ltd. Mumbai 2000
2 Aegon Life Insurance Co. Ltd. Mumbai 2008
3 Bajaj Allianz Life Insurance Co. Ltd. Pune 2001
4 Bharti AXA Life Insurance Co. Ltd. Mumbai 2008
5 Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. Gurugram 2008
6 Edelweiss Tokio Life Insurance Co. Ltd. Mumbai 2011
7 Exide Life Insurance Co. Ltd. Bangalore 2001
8 Future Generali Life Insurance Co. Ltd. Mumbai 2007
9 HDFC Standard Life Insurance Co. Ltd. Mumbai 2000
10 ICICI Prudential Life Insurance Co. Ltd. Mumbai 2000
11 IDBI Federal Life Insurance Co. Ltd. Mumbai 2008
12 IndiaFirst Life Insurance Co. Ltd. Mumbai 2009
13 Kotak Mahindra Life Insurance Co. Ltd. Mumbai 2001
14 Max Life Insurance Co. Ltd. Delhi 2000
15 PNB MetLife India Insurance Co. Ltd. Mumbai 2001
16 Pramerica Life Insurance Co. Ltd. Mumbai 2008
17 Reliance Nippon Life Insurance Company Mumbai 2001
18 Sahara India Life Insurance Co. Ltd. Lucknow 2004
19 Shriram Life Insurance Co. Ltd. Hyderabad 2005
20 Star Union Dai-Ichi Life Insurance Co. Ltd. Mumbai 2008
21 TATA AIA Life Insurance Co. Ltd. Mumbai 2001
List of Insurance Companies in India - Health Insurance
Below we have provided a list of Health Insurance Companies.
SN Name of Insurance Company Headquarter Founded
1 Aditya Birla Health Insurance Co Ltd Mumbai 2015
2 Care Health Insurance Ltd Gurgaon 2007
3 ManipalCigna TTK Health Insurance Co Ltd Mumbai 2012
4 Niva Bupa Health Insurance Co Ltd New Delhi 2008
5 Star Health & Allied Insurance Co Ltd Mumbai 2006
Stats – Insurance Companies in India
● A total of 58 insurance companies currently operate in the insurance industry in India.
● Life insurance business is carried out by 24 companies, whereas 34 companies take care of
non-life insurance.
● The Life Insurance Corporation of India (LIC) is the only leading public sector insurance
company in India.
● The General Insurance Corporation of India (GIC) is the one and only IRDA-recognized
reinsurer in the country.
● There are a total of 6 public sector insurance companies operating in the non-life insurance
domain.
Having an understanding about the list of insurance companies in India is very important for
insurance-based competitive exams.
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