life insurance companies in India list
India is a big country with more than 12o crore population. But due to many rules and regulations by the Indian government, only 23 private companies has got the license to sell life insurance in India. LIC is a monopoly till 1999 when the government formed IRDA and granted licenses to new insurance companies. Here i would like to bring the complete list of 24 insurance companies for your learning.
| S.No | COMPANY NAME | STARTED YEAR | INDIAN PARTNER | FOREIGN PARTNER |
| 1 | Aegon Religare Life Insurance Co. Ltd. | 2008 | Religare Enterprises Limited& Bennett, Coleman & Company Limited | AEGON |
| 2 | Aviva Life Insurance Co. India Ltd. | 2002 | Dabur Group | Aviva Group |
| 3 | Bajaj Allianz Life Insurance Co. Ltd. | 2001 | Bajaj Finserv Limited | Allianz SE |
| 4 | Bharti AXA Life Insurance Co. Ltd. | 2006 | Bharti Enterprises | AXA Group |
| 5 | Birla Sun Life Insurance Co. Ltd. | 2000 | Aditya Birla Group | Sun Life Financial Inc |
| 6 | Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. | 2008 | Canara Bank &Oriental Bank of Commerce | HSBC |
| 7 | DHFL Pramerica Life Insurance Co. Ltd. | 2008 | Dewan Housing Finance Corporation Ltd. | Prudential International Insurance Holdings, Ltd |
| 8 | Edelweiss Tokio Life Insurance Co. Ltd | 2011 | Edelweiss Financial Services | Tokio Marine Holdings Inc |
| 9 | Exide Life Insurance Co. Ltd. | 2001 | Exide Industries Limited | |
| 10 | Future Generali India Life Insurance Co. Ltd. | 2008 | Future Group & Industrial Investment Trust Limited (IITL) | Generali Group |
| 11 | HDFC Standard Life Insurance Co. Ltd. | 2001 | Housing Development Finance Corporation Limited (HDFC) | Standard Life (Mauritius Holding) Ltd |
| 12 | ICICI Prudential Life Insurance Co. Ltd. | 2001 | ICICI Bank | Prudential plc |
| 13 | IDBI Federal Life Insurance Co. Ltd. | 2008 | IDBI Bank & Federal Bank | Ageas |
| 14 | IndiaFirst Life Insurance Co. Ltd | 2008 | Bank of Baroda & Andhra Bank | Legal and General |
| 15 | Kotak Mahindra Old Mutual Life Insurance Ltd. | 2001 | Kotak Mahindra Group | Old Mutual |
| 16 | Life Insurance Corporation of India | 1956 | LIC | |
| 17 | Max Life Insurance Co. Ltd. | 2000 | Max India Ltd | Mitsui Sumitomo Insurance Co. Ltd |
| 18 | PNB MetLife India Insurance Co. Ltd. | 2001 | Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company Private Limited | MetLife International Holdings Inc |
| 19 | Reliance Life Insurance Co. Ltd. | 2001 | Reliance Capital | Nippon Life Insurance |
| 20 | Sahara India Life Insurance Co. Ltd. | 2012 | The Sahara Pariwar | |
| 21 | SBI Life Insurance Co. Ltd. | 2008 | State Bank of India | BNP Paribas Cardif |
| 22 | Shriram Life Insurance Co. Ltd. | 2005 | Shriram Group | Sanlam |
| 23 | Star Union Dai-Ichi Life Insurance Co. Ltd. | 2010 | Bank of India, Union Bank of India | Dai-ichi Life |
| 24 | Tata AIA Life Insurance Co. Ltd. | 2001 | Tata Sons Ltd | AIA Group Ltd. (AIA) |
life insurance companies in India list
life insurance companies in India list
life insurance companies in India list
