Top Indian Life Insurers Company

Category: Insurance Policy | 22 Oct 2024 | Views On Post - (149)

Top Indian Life Insurers Company

  1. Life Insurance Corporation of India

  2. ICICI Prudential Life Insurance

  3. HDFC Life Insurance

  4. SBI Life Insurance

  5. Max Life Insurance

  6. Bajaj Allianz Life Insurance

  7. Aditya Birla Sun Life Insurance

  8. Kotak Mahindra Life Insurance

  9. Tata AIA Life Insurance

  10. PNB MetLife India Insurance Company Limited

  11. Bharti AXA Life Insurance

  12. Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited

  13. Exide Life Insurance Company Limited

  14. IDBI Federal Life Insurance

  15. Aegon Life Insurance Company Limited

There are several top life insurance companies in India based on their market share, customer base, and financial strength. Here are some of the top life insurance companies in India:

  1. Life Insurance Corporation of India (LIC): LIC is the largest and oldest life insurance company in India with a market share of around 70%. It was founded in 1956 and is owned by the Indian government.

  2. ICICI Prudential Life Insurance: ICICI Prudential Life Insurance is one of the largest private life insurance companies in India with a market share of around 14%. It was founded in 2001 and is a joint venture between ICICI Bank and Prudential Corporation Holdings Limited.

  3. HDFC Life Insurance: HDFC Life Insurance is another leading private life insurance company in India with a market share of around 10%. It was founded in 2000 and is a joint venture between HDFC Ltd. and Standard Life Aberdeen.

  4. SBI Life Insurance: SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif. It has a market share of around 8%.

  5. Max Life Insurance: Max Life Insurance is a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd. It has a market share of around 6%.

Other notable life insurance companies in India include Bajaj Allianz Life Insurance, Aditya Birla Sun Life Insurance, and Kotak Mahindra Life Insurance.

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