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Life Insurance Corporation of India (LIC) is an Indian multinational central public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹52.52 trillion (US$630 billion) as of March 2024. [4]
The IRDA opened up the market in August 2000 with the invitation for application for registrations. HDFC Life was established in 2000 becoming the first private sector life insurance company in India. [10] By 2001, the company had its 100th customer, strengthened its employee force to 100, and had settled its first claim.
The company got incorporated as a public limited company in Mumbai on 11 October 2000 and received Certificate of Commencement of Business from the RoC on 20 November 2000 and got registered with the IRDAI for carrying out business of life insurance on 29 March 2001. [6] SBI Life is listed on BSE And NSE (Stock Exchanges in India) and is a ...
Reliance Capital. Nippon Life. Website. www.reliancenipponlife.com. Reliance Nippon Life Insurance Company (RNLI) is a life insurance company in India. The firm offers life insurance products targeted at individuals and groups, catering to four distinct segments: protection, children, retirement and investment plans.
ICICI Prudential Life Insurance Company Limited is an Indian life insurance company in India. Established as a joint venture between ICICI Bank Limited [6] and Prudential Corporation Holdings Limited, [7] ICICI Prudential Life is engaged in life insurance and asset management business. In 2016, the company became the first insurance company in ...
Times Group (51%, 2008-24) Bandhan Financial Holdings (2024–present) Website. www.bandhanlife.com. Bandhan Life Insurance Limited (formerly known as Aegon Life Insurance Company) is an Indian life insurance company offering individual and group insurance online and offline. [2][3] Founded in 2008, it is headquartered in Mumbai, India.
Website. www.kotaklife.com. Kotak Mahindra Life Insurance Company Limited is a privately held life insurance company based in India. [2][3][4] It was established in 2001 and currently serves 46 million customers in 148 cities and towns across India. [5][6] The company provides protection, retirement, savings, investment, and annuity plans. [7]
Tata AIA Life Insurance Company Limited is an Indian joint venture life insurance company, formed by Tata Sons and AIA Group (AIA). It combines Tata's pre-eminent leadership position in India and AIA's presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia–Pacific region. Tata ...