Top 10 insurance companies in india

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Insurance is a nascent area in India offering wide potential for worldwide players. The life insurance premium account to 2.5% of GDP of the nation and the premiums of general insurance is 0.65% GDP. The sector of insurance is going through various changes and as the Indian government permits private companies the scenario received a boost. The insurance companies in India such as LIC, ICICI Prudential, Bajaj Alliance, and many more are booming and the top insurance companies are the one that is doing roaring business in India.

Top 10 Insurance Companies in India

The best insurance policies in India are offered by giant companies, namely

1. Life Insurance Corporation of India (LIC)

LIC is the largest and is popular with over 2048 branches all over India. LIC still remains the top with new players entering with customized insurance products. It has gained credibility and consumers trust that it is able to sustain the insurance business having estimated assets worth Rs.8 trillion.

2. AIG Tata LIC Ltd

AIG Tata offers various insurance plans for everyone, children to senior citizens. This LIC is a joint venture with the American International Group and Tata Group.

3. HDFC life Insurance Co. Ltd (Standard)

HDFC Life specializes in providing an array of solutions for individuals and groups. This is a joint-venture between UK based Standard Life and HDFC Ltd, the leading finance institution.

4. Birla Life Insurance Co. Ltd (Sun)

Birla is the only and first insurance company initiating insurance business in association with Business Continuity Plan and helping small companies grow bigger. This is a life insurance that is collaboration between Sun Life Financial Inc and Aditya Birla Group.

5. SBI Life Insurance Co. Ltd

SBI Life Insurance makes highest profit and is the life insurance offering plans matching different segments from urban to rural divisions.

6. ICICI Life Insurance Co. Ltd (Prudential)

ICICI Prudential Life Insurance is India's trusted private sector insurance company having collaboration with UK based Prudential Group.

7. Bajaj Allianz Life-Insurance Co. Ltd

Bajaj Allianz offers life and general insurances and is the largest insurers in the world.

8. Kotak Mahindra Old Mutual Life Insurance Limited

Kotak Mahindra is committed to offer investment-based policies identical to mutual funds and ULIPs, to name a few.

9. Max New York Life Insurance Co. Ltd

Max New York Life Insurance offers outstanding combination covers. It has ISO: 9001:2000 certifications.

10. Future Generali Life Insurance

Future Generali is offering comprehensive plans for groups and individuals and is becoming more competitive.

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Top 10 insurance companies in india

  1. 1. Top 10 insurance companies in IndiaTop Insurance Companies in India, Best Insurance Policies in IndiaInsurance is a nascent area in India offering wide potential for worldwide players. The lifeinsurance premium account to 2.5% of GDP of the nation and the premiums of general insuranceis 0.65% GDP. The sector of insurance is going through various changes and as the Indiangovernment permits private companies the scenario received a boost. The insurance companiesin India such as LIC, ICICI Prudential, Bajaj Alliance, and many more are booming and the topinsurance companies are the one that is doing roaring business in India.Top 10 Insurance Companies in IndiaThe best insurance policies in India are offered by giant companies, namely1. Life Insurance Corporation of India (LIC)LIC is the largest and is popular with over 2048 branches all over India. LIC still remains the topwith new players entering with customized insurance products. It has gained credibility andconsumers trust that it is able to sustain the insurance business having estimated assets worthRs.8 trillion.2. AIG Tata LIC LtdAIG Tata offers various insurance plans for everyone, children to senior citizens. This LIC is ajoint venture with the American International Group and Tata Group.3. HDFC life Insurance Co. Ltd (Standard)HDFC Life specializes in providing an array of solutions for individuals and groups. This is ajoint-venture between UK based Standard Life and HDFC Ltd, the leading finance institution.4. Birla Life Insurance Co. Ltd (Sun)Birla is the only and first insurance company initiating insurance business in association withBusiness Continuity Plan and helping small companies grow bigger. This is a life insurance thatis collaboration between Sun Life Financial Inc and Aditya Birla Group.5. SBI Life Insurance Co. LtdSBI Life Insurance makes highest profit and is the life insurance offering plans matchingdifferent segments from urban to rural divisions.6. ICICI Life Insurance Co. Ltd (Prudential)
  2. 2. ICICI Prudential Life Insurance is Indias trusted private sector insurance company havingcollaboration with UK based Prudential Group.7. Bajaj Allianz Life-Insurance Co. LtdBajaj Allianz offers life and general insurances and is the largest insurers in the world.8. Kotak Mahindra Old Mutual Life Insurance LimitedKotak Mahindra is committed to offer investment-based policies identical to mutual funds andULIPs, to name a few.9. Max New York Life Insurance Co. LtdMax New York Life Insurance offers outstanding combination covers. It has ISO: 9001:2000certifications.10. Future Generali Life InsuranceFuture Generali is offering comprehensive plans for groups and individuals and is becomingmore competitive.Author is providing the information in this article about the top insurance companies in India.This article will help you to take a best insurance policy in India for your safe future.

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