Here is a list of top 10 Insurance companies in India 2016; these are the best companies in life insurance and finance sector. Ranking process of companies is being frequently updated by our expert team.
1 |Life Insurance Corporation of India (LIC)
Corporate Office – Mumbai, Maharashtra | Employees – 115900+ |
Business – Financial services | Establishment – 1956 |
Website – www.licindia.in
Details – Best Insurance Company in India dominating the market since then it established in market. In other word, It is the synonyms of Insurance in India, most important they have best settlement ratio.
2 | SBI Life Insurance
Corporate Office – Mumbai, Maharashtra | Employees – 7300+ |
Business – Insurance | Establishment – 2001 |
Website –www.sbilife.co.in
Details -State bank of India life insurance is a joint venture between BNP Paribas Cardif holding 74:26 ratios. It has great hold in Indian market as far as concern of Finance and banking sector, best in insurance sector after LIC.
Top 10 Insurance Companies in India | Insurance Sector
3 | Birla Sunlife Insurance
Corporate Office – | Employees – 133000+ |
Business – Financial services | Establishment – 2000 |
Website –www.birlasunlife.com
Details – It is financial and Insurance company, a Joint venture of Aditya Birla and Sun life Insurace. Company offers life insurance products including health, wealth and retiral plans. The company has seen exceptionally great growth in recent past and earned so much reputation in claim settlement and best insurance practices.
4 | Reliance Life Insurance (RLIC)
Corporate Office – Navi Mumbai,Maharashtra | Employees – 1000+ |
Business – Insurance | Establishment – 2001 |
Website –www.reliancelife.com
Details – Company is group company of Reliance, among of top insurance company in India. In year 2011 Nippon life insurance, Japan acquired 26% share in this company. Reliance is bigger name in the Industry and rather say a reliable name in the Insurance Industry.
Top 10 Insurance Companies in India | Insurance Sector
5 | ICICI Prudential Life Insurance
Corporate Office – United Kingdom | Employees – 15000+ |
Business – Life Insurance | Establishment – 2000 |
Website –www.iciciprulife.com
Details – ICICI prudential is a joint venture between ICICI and prudential Plc, United kingdom. ICICI Prudential offers wide range of Insurance Products including health, wealth, life insurance, medical insurance and retiral solutions.
6 | Tata AIG Life Insurance
Corporate Office – Mumbai, Maharashtra | Employees – — |
Business – Insurance | Establishment – 2001 |
Website –www.tataaiginsurance.in
Details – Tata AIG is a joint venture between Tata and AIG, It is flagship company of Tata group. Started insurance business in year 2001, company launched many insurance products such as Motor, travel, health and accidental insurance.
Top 10 Insurance Companies in India | Insurance Sector
7 | ING Vysya Life Insurance
Corporate Office – Bangalore, Karnataka | Employees – 7800+ |
Business – Insurance | Establishment – 2001 |
Website –www.inglife.co.in
Details – ING vysya is a insurance company offers insurance policies and retiral plans. It has been serving in more than 200 cities in India and almost 10 lacs customer base.
8 | Bajaj Allianz Life Insurance
Corporate Office – Pune | Employees – 1000+ |
Business – Insurance | Establishment – 2001 |
Website –www.bajajallianz.com
Details – It is a private Insurance company offers many insurance plan & policies including ULIP, pension plans and term Insurance.
Top Insurance Companies in India | Insurance Sector
9 | Max Life Insurance
Corporate Office – New Delhi | Employees – 8000+ |
Business – Financial Services | Establishment – 2000 |
Website –www.maxlifeinsurance.com
Details – Max life insurance is another private company offers Insurance plans for everyone.
10 | HDFC Standard Life Insurance
Corporate Office – Mumbai, Maharashtra | Employees – 15500+ |
Business – Insurance | Establishment – 2000 |
Website –www.hdfclife.com
Details – Group company of giant Housing development finance corporation, it is joint venture with Standard life Insurance.
Top 10 Insurance Companies in India | Insurance Sector
If you would like to add a Insurance company that you consider most appropriate in this ranking, Please suggest it here
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