Top 10 Life Insurance Companies In India By Market Share

In the life insurance sector private companies had a market share of 33 74 in fy 19 as of jan 19. 1 bajaj allianz 2 birla sun life 3 hdfc life 4 icici prudential 5 lic 6 max life 7 pnb metlife 8 kotak life 9 sbi life 10 tata aia 11 reliance life 12 aviva life.

Previously you must understand the background of insurance and get some Top 10 life insurance companies in india by market share references in other articles on this website.

Details company is group company of reliance among of top insurance company in india.

Top 10 life insurance companies in india by market share. Top life health insurance stocks in india by market capitalization. Get the list of top life health insurance companies in india bse based on market capitalization. Lic is the only public sector insurance.

The market share of private sector players has increased over the years. Take a look to the list of top 10 life insurance companies in india. Indiafirst life insurance co ltd was formally launched in 2010 by erstwhile president of india pranab mukherjee.

It caters to a huge customer base of over a million people in the country. Ranks are given according to market capitalization of the companies on sep 01 2018. Top top insurance companies in india companies list in india by market capitalization sep 01 2018 top top insurance companies in india companies list in india by market capitalization 2018.

Top 10 insurance companies in india insurance sector. Please do not consider it as top 10 or top 20 life insurance companies in india. Ing vysya life insurance.

Following is the list of top insurance companies in india 1. Ing vysya life insurance company is among the leaders in the insurance market in india in 2015. Life insurance corporation of.

Over a period of 6 years from the financial year 2012 to 2018 the new business premium has grown at a cagr compounded annual growth rate of 14 44. The life insurance corporation of india held approximately 66 percent of the market share of the sector s total insurance premiums in financial year 2019. The company is a joint venture between psu lenders bank of baroda who holds a 44 percent share andhra bank with 30 percent stake while uk based legal general holds a 26 percent share in this nbfc.

In the non life insurance sector private companies had a market share of 54 68 in fy 19 as of jan 19. Oriental insurance company bajaj allianz. India s life insurance industry has been growing at a steady pace.

The company s life insurance products are available from over 8 000 branches of. In year 2011 nippon life insurance japan acquired 26 share in this company. It is a list of life insurance companies in india in a random order in 2020.

Reliance is bigger name in the industry and rather say a reliable name in the insurance industry. Out of these companies life insurance corporation of india lic of india is the only public sector company. The company was established in 2001 and is based in bangalore.

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