What are the key benefits of SBI Credit Cards?

SBI Credit Cards offer a wide range of benefits, including rewards, cashback, lounge access, discounts, and insurance coverage.

How can I apply for an SBI Credit Card?

You can apply for an SBI Credit Card online through the Paisabazaar platform, where you can compare card options and check for pre-approved offers.

What factors should I consider when choosing an SBI Credit Card?

Consider your spending habits, lifestyle, and financial goals to select a card that best suits your needs, such as travel, shopping, or rewards.

How can I manage my SBI Credit Card efficiently?

SBI Card offers a user-friendly mobile app and online banking services to help you manage your card, check statements, make payments, and access additional features.

What precautions should I take to avoid accumulating credit card debt?

Responsible credit card usage includes paying bills on time, managing credit limits wisely, and avoiding unnecessary spending to prevent debt accumulation.

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List of Insurance Companies in India

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List of Insurance Companies in India

Aug 2, 2024

In India, the insurance sector operates under the purview of the Insurance Regulatory and Development Authority of India (IRDAI). This statutory body is responsible for regulating and promoting the growth of various insurance companies within the country. For those seeking in-depth knowledge about the IRDAI, please refer to the linked page for comprehensive details.

This article aims to provide a thorough list of insurance companies operating in India, including both life and non-life insurers. It is designed to assist candidates in gaining valuable insights into the insurance landscape, whether for exam preparation or general knowledge. Additionally, a downloadable PDF listing all insurance companies in India is available at the end of this article for your convenience.

Download List of Insurance Companies in India PDF: [Download PDF Here]

Understanding the insurance sector is crucial, especially for individuals preparing for insurance-related exams such as those conducted by the Life Insurance Corporation of India (LIC), National Insurance Company Limited (NICL), New India Assurance Company Limited (NIACL), and the IRDAI. The list of insurance companies is also relevant for candidates preparing for various government exams, including RRB exams, SSC exams, and Bank exams.

For a deeper understanding of insurance principles, which is a significant topic for these exams, candidates are encouraged to explore important principles of insurance. Familiarity with these principles will help in answering related questions in the General Awareness section of these exams.

Moreover, for those preparing for government exams, it's beneficial to explore other general awareness topics. Here are some useful links:

Longest Bridges in India

Famous Books and Authors

World’s Largest Libraries

Letter Writing Format

IPL Winners List

Airports in India

List of Countries, Capitals, and Currencies

Prepositions Rules

Online Quiz 2023

Insurance Companies in India

India’s insurance industry is comprised of a total of 57 insurance companies. These include both life and non-life insurers. Specifically, there are 24 companies engaged in the life insurance business and 34 companies specializing in non-life insurance.

Among the life insurance companies, the Life Insurance Corporation of India (LIC) is the only public sector entity. In the realm of reinsurance, the General Insurance Corporation of India (GIC) is the sole reinsurer recognized by the IRDAI. Additionally, there are six public sector insurers within the non-life insurance category.

List of Life Insurance Companies in India

Life Insurance Corporation of India (LIC): Founded in 1956, LIC is a public sector company headquartered in Mumbai.

HDFC Standard Life Insurance Co. Ltd.: Established in 2000, this private sector company is headquartered in Mumbai.

Max Life Insurance Co. Ltd.: Also founded in 2000, Max Life is a private company based in Delhi.

ICICI Prudential Life Insurance Co. Ltd.: Founded in 2000 and headquartered in Mumbai, this is a private sector insurer.

Kotak Mahindra Life Insurance Co. Ltd.: A private company established in 2001, headquartered in Mumbai.

Aditya Birla Sun Life Insurance Co. Ltd.: Founded in 2000, this private sector company is based in Mumbai.

TATA AIA Life Insurance Co. Ltd.: A private insurer established in 2001, headquartered in Mumbai.

SBI Life Insurance Co. Ltd.: Established in 2001, this private company is headquartered in Mumbai.

Exide Life Insurance Co. Ltd.: Founded in 2001, Exide Life is a private company based in Bangalore.

Bajaj Allianz Life Insurance Co. Ltd.: A private sector company established in 2001, headquartered in Pune.

PNB MetLife India Insurance Co. Ltd.: Founded in 2001, this private company is based in Mumbai.

Reliance Nippon Life Insurance Company: A private insurer established in 2001, headquartered in Mumbai.

Aviva Life Insurance Company India Ltd.: Established in 2002, Aviva Life is a private company located in Gurugram.

Sahara India Life Insurance Co. Ltd.: A private insurer founded in 2004, headquartered in Lucknow.

Shriram Life Insurance Co. Ltd.: Founded in 2005, this private sector company is based in Hyderabad.

Bharti AXA Life Insurance Co. Ltd.: Established in 2008, Bharti AXA is a private company headquartered in Mumbai.

Future Generali India Life Insurance Co. Ltd.: A private sector company founded in 2007, headquartered in Mumbai.

IDBI Federal Life Insurance Co. Ltd.: Founded in 2008, this private company is based in Mumbai.

Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.: Established in 2008, this private sector company is located in Gurugram.

Aegon Life Insurance Co. Ltd.: A private insurer founded in 2008, headquartered in Mumbai.

Pramerica Life Insurance Co. Ltd.: Established in 2008, Pramerica Life is a private company based in Mumbai.

Star Union Dai-Ichi Life Insurance Co. Ltd.: Founded in 2008, this private company is located in Mumbai.

IndiaFirst Life Insurance Co. Ltd.: A private insurer established in 2009, headquartered in Mumbai.

Edelweiss Tokio Life Insurance Co. Ltd.: Founded in 2011, Edelweiss Tokio is a private sector company based in Mumbai.

List of Non-Life Insurance Companies in India

Acko General Insurance: Founded in 2016, Acko is a private company headquartered in Mumbai.

Aditya Birla Health Insurance: Established in 2015, this private sector insurer is based in Mumbai.

Agriculture Insurance Company of India: A public sector company founded in 2002, headquartered in New Delhi.

Apollo Munich Health Insurance: A private company established in 2007, headquartered in Gurgaon.

Bajaj Allianz General Insurance: Founded in 2001, this private sector company is located in Pune.

Bharti AXA General Insurance: A private insurer established in 2008, headquartered in Mumbai.

Cholamandalam MS General Insurance: Founded in 2001, this private company is based in Chennai.

Cigna TTK: Established in 1918, Cigna TTK is a private sector company headquartered in Mumbai.

DHFL General Insurance: A private company founded in 2016, based in Mumbai.

Digit Insurance: Founded in 2017, Digit Insurance is a private company located in Pune.

Edelweiss General Insurance: A private sector insurer established in 2017, headquartered in Mumbai.

Export Credit Guarantee Corporation of India: Established in 1957, this private company is based in Mumbai.

Future Generali India Insurance: A private company founded in 2007, located in Mumbai.

HDFC ERGO General Insurance Company: Founded in 2002, HDFC ERGO is a private sector company headquartered in Mumbai.

ICICI Lombard: Established in 2001, this private company is based in Mumbai.

IFFCO TOKIO General Insurance: Founded in 2000, this private sector insurer is headquartered in Gurugram.

Kotak Mahindra General Insurance: A private company established in 2015, headquartered in Mumbai.

Liberty General Insurance: Founded in 2013, Liberty General is a private company located in Mumbai.

Magma HDI General Insurance: A private sector company established in 2009, headquartered in Mumbai.

Max Bupa Health Insurance: Founded in 2008, Max Bupa is a private company based in New Delhi.

National Insurance Company: A public sector insurer established in 1906, headquartered in Kolkata.

New India Assurance: Founded in 1919, this public company is located in Mumbai.

Raheja QBE General Insurance: A private sector company established in 2007, headquartered in Mumbai.

Reliance General Insurance: Founded in 2000, this private company is based in Mumbai.

Reliance Health Insurance: A private insurer established in 2017, headquartered in Mumbai.

Religare Health Insurance Company Limited: Founded in 2012, Religare Health is a private sector company located in Gurgaon.

Royal Sundaram General Insurance: A private company established in 2000, headquartered in Chennai.

SBI General Insurance: Founded in 2010, this private insurer is located in Mumbai.

Shriram General Insurance: A private company established in 2008, headquartered in Jaipur.

Star Health and Allied Insurance: Founded in 2006, Star Health is a private company based in Chennai.

Tata AIG General Insurance: A private insurer established in 2001, headquartered in Mumbai.

The Oriental Insurance Company: Founded in 1947, this public sector company is located in New Delhi.

United India Insurance Company: A public sector company established in 1938, headquartered in Chennai.

Universal Sompo General Insurance Company: Founded in 2007, Universal Sompo is a private sector company based in Mumbai.

This comprehensive list provides a detailed overview of both life and non-life insurance companies operating in India. It serves as an essential resource for anyone looking to understand the structure and scope of the insurance industry in the country.