In india there are 24 Life insurance companies( 23 Private sector and 1 Public sector), 27 General Insurance companies(21 Private sector, 4 Public sector and 2 specialized Public sector insurer) and 6 Standalone insurance companies are present as on 2022 July. Lets see the list of Insurance companies in the below post. I will give individual company details in the next posts. There are few new companies launch in the next 2 financial years in both life insurance and General insurance.
Insurance companies list in India- latest |
Life Insurers |
Private Sector |
1. Aditya Birla Sun Life Insurance Co. Ltd. |
2. Aegon Life Insurance Co. Ltd. |
3. Ageas Federal Life Insurance Co. Ltd.* |
4. Aviva Life Insurance Co. Ltd. |
5. Bajaj Allianz Life Insurance Co. Ltd. |
6. Bharti AXA Life Insurance Co. Ltd. |
7. Canara HSBC Oriental Bank of Commerce |
8. Edelweiss Tokio Life Insurance Co. Ltd. |
9. Exide Life Insurance Co. Ltd. |
10. Future Generali Life Insurance Co. Ltd. |
11. HDFC Life Insurance Co. Ltd. |
12. ICICI Prudential Life Insurance Co. Ltd. |
13. India First Life Insurance Co. Ltd. |
14. Kotak Mahindra Life Insurance Co. Ltd. |
15. Max Life Insurance Co. Ltd. |
16. PNB MetLife India Insurance Co. Ltd. |
17. Pramerica Life Insurance Co. Ltd. |
18. Reliance Nippon Life Insurance Co. Ltd. |
19. Sahara India Life Insurance Co. Ltd. |
20. SBI Life Insurance Co. Ltd. |
21. Shriram Life Insurance Co. Ltd. |
22. Star Union Dai-ichi Life Insurance Co. Ltd. |
23. TATA AIA Life Insurance Co. Ltd. |
Public Sector |
1. Life Insurance Corporation of India |
General Insurers Companies List Latest |
Public Sector |
1. National Insurance Co. Ltd. |
2. The New India Assurance Co. Ltd. |
3. The Oriental Insurance Co. Ltd. |
4. United India Insurance Co. Ltd. |
Private Sector |
1. Acko General Insurance Ltd. |
2. Bajaj Allianz General Insurance Co. Ltd. |
3. Bharti AXA General Insurance Co. Ltd. |
4. Cholamandalam MS General Insurance Co. Ltd. |
5. Edelweiss General Insurance Co. Ltd. |
6. Future Generali India Insurance Co. Ltd. |
7. Go Digit General Insurance Limited |
8. HDFC ERGO General insurance Co. Ltd.** |
9. ICICI Lombard General Insurance Co. Ltd. |
10. IFFCO TOKIO General Insurance Co. Ltd. |
11. Kotak Mahindra General Insurance Co. Ltd. |
12. Liberty General Insurance Ltd. |
13. Magma HDI General Insurance Co. Ltd. |
14. NAVI General Insurance Limited |
15. Raheja QBE General Insurance Co. Ltd. |
16. Reliance General Insurance Co. Ltd. |
17. Royal Sundaram General Insurance Co. Ltd. |
18. SBI General Insurance Co. Ltd. |
19. Shriram General Insurance Co. Ltd. |
20. Tata AIG General Insurance Co. Ltd. |
21. Universal Sompo General Insurance Co. Ltd. |
Specialised Insurers (Public Sector) |
1. Agricultural Insurance Company of India Ltd. |
2. ECGC Ltd. |
Stand-alone Health Insurers (Private Sector) |
1. Aditya Birla Health Insurance Co. Ltd. |
2. Care Health Insurance Ltd.$ |
3. Manipal Cigna Health Insurance Co. Ltd. |
4. Niva Bupa Health Insurance Co. Ltd.# |
5. Reliance Health Insurance [email protected] |
6. Star Health & Allied Insurance Co. Ltd. |
Insurance companies list in India- latest - Note
* IDBI Federal Life Insurance Co. Ltd. is renamed as Ageas Federal Life Insurance Co. Ltd.
** Erstwhile HDFC Ergo Health Insurance Co. Ltd. merged with HDFC Ergo General Insurance Co. Ltd. w.e.f. 01.03.2020.
$ Religare Health Insurance Co. Ltd. is renamed as Care Health Insurance Ltd.
# Max Bupa Health Insurance Co. Ltd. is renamed as Niva Bupa Health Insurance Co. Ltd.
@ Takeover of Reliance Health Insurance portfolio by Reliance General Insurance
Note: List as on March 31, 2021