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By 2020 Indian Insurance is a US$280 billion industry. However, only 500 million people (36.23% of the total population of 1 billion) are covered under Mediclaim. [5] With more and more private companies in the sector, this situation is expected to grow more. ECGC, ESIC and AIC provide insurance services for niche markets.
Navi is an Indian financial services company founded by Sachin Bansal [1] and Ankit Agarwal in 2018. Navi operates in the space of digital Loans, home loans, [2] mutual funds, health insurance , digital gold and micro-loans. [3] It currently has $100 million in revenue with $10 million in profit.
The New India Assurance Co. Ltd. ( NIA) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in Mumbai, [5] it is the largest nationalised general insurance company of India based on gross premium collection inclusive of foreign operations. [6]
Ceylinco Insurance PLC is the largest private sector insurance company in Sri Lanka. The company is also engaged in the education and renewable energy sectors. The company offers both life insurance and all classes of general insurance. [2] The company was incorporated in 1987 when the government ended its state monopoly over the insurance ...
There are 28 general insurance companies, including the Export Credit Guarantee Corporation of India and the Agriculture Insurance Corporation of India, and 24 life-insurance companies operating in the country. With banking services, insurance services add about seven percent to India’s GDP. [citation needed]
Arevuk Advisory Services Pvt. Ltd. Website. https://kuvera.in. Kuvera is an Indian online wealth management platform for mutual funds, digital gold, fixed deposits, cryptocurrency exchange, insurance & US ETF investment. It is operated by Arevuk Advisory Services Pvt. Ltd., a company headquartered in Bangalore. [1] [2]
Number of employees. 7,303 (2023) [1] Website. motilaloswalgroup .com. Motilal Oswal Financial Services Limited is an Indian financial services company offering a range of financial products and services. The company was founded by Motilal Oswal and Raamdeo Agrawal in 1987. [2] [3] The company is listed on BSE and NSE stock exchanges.
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai.Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles.