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life insurance companies in india list

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.NoCOMPANY NAMESTARTED YEARINDIAN PARTNERFOREIGN PARTNER
1Aegon Religare Life Insurance Co. Ltd.2008Religare Enterprises Limited& Bennett, Coleman & Company LimitedAEGON
2Aviva Life Insurance Co. India Ltd.2002Dabur GroupAviva Group
3Bajaj Allianz Life Insurance Co. Ltd.2001Bajaj Finserv LimitedAllianz SE
4Bharti AXA Life Insurance Co. Ltd.2006Bharti EnterprisesAXA Group
5Birla Sun Life Insurance Co. Ltd.2000Aditya Birla GroupSun Life Financial Inc
6Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.2008Canara Bank &Oriental Bank of CommerceHSBC
7DHFL Pramerica Life Insurance Co. Ltd.2008Dewan Housing Finance Corporation Ltd.Prudential International Insurance Holdings, Ltd
8Edelweiss Tokio Life Insurance Co. Ltd2011Edelweiss Financial ServicesTokio Marine Holdings Inc
9Exide Life Insurance Co. Ltd.2001Exide Industries Limited
10Future Generali India Life Insurance Co. Ltd.2008Future Group & Industrial Investment Trust Limited (IITL)Generali Group
11HDFC Standard Life Insurance Co. Ltd.2001Housing Development Finance Corporation Limited (HDFC)Standard Life (Mauritius Holding) Ltd
12ICICI Prudential Life Insurance Co. Ltd.2001ICICI BankPrudential plc
13IDBI Federal Life Insurance Co. Ltd.2008IDBI Bank & Federal BankAgeas
14IndiaFirst Life Insurance Co. Ltd2008Bank of Baroda & Andhra BankLegal and General
15Kotak Mahindra Old Mutual Life Insurance Ltd.2001Kotak Mahindra GroupOld Mutual
16Life Insurance Corporation of India1956LIC
17Max Life Insurance Co. Ltd.2000Max India LtdMitsui Sumitomo Insurance Co. Ltd
18PNB MetLife India Insurance Co. Ltd.2001Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company Private LimitedMetLife International Holdings Inc
19Reliance Life Insurance Co. Ltd.2001Reliance CapitalNippon Life Insurance
20Sahara India Life Insurance Co. Ltd.2012The Sahara Pariwar
21SBI Life Insurance Co. Ltd.2008State Bank of IndiaBNP Paribas Cardif
22Shriram Life Insurance Co. Ltd.2005Shriram GroupSanlam
23Star Union Dai-Ichi Life Insurance Co. Ltd.2010Bank of India, Union Bank of IndiaDai-ichi Life
24Tata AIA Life Insurance Co. Ltd.2001Tata Sons LtdAIA Group Ltd. (AIA)

 

life insurance companies in India list

life insurance companies in India list

life insurance companies in India list

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