Top 10 Insurance Companies in India

Top 10 Insurance Companies in India

Top 10 Insurance Companies in India
Top 10 Insurance Companies in India

By the way, nowadays there are many insurance companies about which people are also aware. But here we will tell you about the top 10 companies in India, which have achieved a lot of progress and progress in the field of insurance. These insurance companies are earning a good name not only in India but also abroad outside India. Also these companies have been providing their service to the people for many years.

Also Read : Read every scheme related to SBI Life Saving Plan here

LIC (Life Insurance Corporation of India)

Life Insurance Corporation of India is a very large insurance company operating under the Union Government. It serves life insurance, pension plans, individual and group insurance schemes. It has many different branches such as:

  • Life Insurance Corporation of India International
  • LIC Housing Finance
  • LIC Nepal
  • LIC Lanka
  • LICHFL Care Homes

The insurance company has 12 million policy holders and 9 lakh agents. So far this company has given 120 million policies. The biggest secret of its success is its favorable capacity. This company has been in operation since 1964.

Also Read : Postal Life Insurance (PLI) Plan Information In English

Tata AIG Journal Insurance

The secret of the success of this company is its trusted employees. It is the 5th largest company in India, working in the field of banking sector and finance. Employees of Tata AIG Journal say that the main reason for working here is that the employment here gives career growth and ample opportunity. It is a very large insurance company working in the field of journal insurance. Also read: How to save money on your insurance costs?

Bajaj Allianz General Insurance

Bajaj Allianz Journal Insurance Company is run by Bajaj Company, which is a big name in the motorcycle field. The name of this company is always ahead even for property insurance. Its re-vue is mainly coming from automotive insurance. This company has been in operation since 2001. It has 200 offices across India. Here you will tell in which areas this company works in insurance:

  • Auto
  • Health
  • Homeowners
  • Travel
  • Commercial

New india insurance

The name of this company will come to the forefront in the field of satellite insurance. It has 1068 offices in India, while outside India it is also functioning smoothly in Japan, Fiji, UK, Australia and Middle East.

ICICI Prudential Life Insurance

ICICI Prudential Life Insurance Company has achieved the National Financial Strength Rating AAA Life Insurance by Fitch. This company has won the title of Trusted Private Life Insurance Company for three consecutive years. It has 1900 branches and there are more than 2 lakh advisors.

IFFCO Tokyo General Insurance

The company has 110 offices across the country and 51 strategic business units. It is the only insurer in India that offers a fully owned distribution channel called IFFCO-Tokyo Insurance Services Limited catering to retail customers. It currently has 1400 employees and is one of the major insurance companies in the automobile and fertilizer sector.

ICICI Lombard General Insurance

This insurance company operates in different domains such as general insurance, insurance claims, management, re-insurance and investment management. Also, the company is a large general insurance company among private companies. It is also the first Indian organization to receive ISO 9001: 2000 official recognition. It is also rated AAA by ICRO.

Oriental Insurance

The Oriental Insurance Insurance Company is also a top-ranked insurance company. AM Best, an international rating agency, has given it a B ++ rating, which is a good ranking. There are 26 regional offices in India and at least 900 operating offices. In addition, it operates in places such as Nepal, Dubai, and Kuwait.

Birla Sun Life Insurance

Birla Sun Life Insurance has always been a major contributor to growth in India's life insurance sector and is currently one of the top 5 private life insurance companies in the country. It is also the first financial services provider in India to come up with Business Continuity Plan, Unit Linked Life Insurance Plan and Free Look facility.

HDFC Standard Life Insurance

This company is now known as HDFC Life. It is a prominent name among private insurance companies. It deals with both individual and group insurance products. They also have adequate financial capacity to take care of investment in a long-term in a secure manner. HDFC Life operates in more than 700 cities and 568 branches. He also has 2 lakh financial advisors.

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