General Insurance in India

General Insurance came to India as a legacy of British occupation. The first General Insurance company in India is Triton Insurance Company Ltd established in India in the year 1850 in Kolkatta by the British. In 1907, the Indian Mercantile Insurance Ltd, was set up. This was the first company to transact all classes of general insurance business. However, after independence in 1973 General Insurance in India was nationalized and continued till the year 2000.

After the set up of IRDA, it opened up the market in August 2000 with the invitation for application for registrations while allowing 26 % FDI. In December, 2000, the subsidiaries of the General Insurance Corporation of India were restructured as independent companies and at the same time GIC was converted into a national re-insurer. Today there are 28 general insurance companies including the ECGC and Agriculture Insurance Corporation of India.

 

List of General Insurance Companies in India

 

Bajaj Allianz General Insurance Co Ltd

Company Name: Bajaj Allianz General Insurance Co Ltd OldName: Group : Address: Corp Office GE Plaza, Airport Road, Yerawada City: ...
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Bharti AXA General Insurance Co Ltd

Company Name: Bharti AXA General Insurance Co Ltd OldName: Group : Address: Corp Office First Floor, The Ferns Icon, Survey ...
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Cholamandalam M S General Insurance Co Ltd

Company Name: Cholamandalam M S General Insurance Co Ltd OldName: Group : Address: Corp Office 2nd Floor, "Dare House", No.2, ...
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Future Generali India Insurance Co Ltd

Company Name: Future Generali India Insurance Co Ltd OldName: Group : Address: Corp Office Indiabulls Finance Centre, Tower 3, 6th ...
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HDFC ERGO General Insurance Co Ltd

Company Name: HDFC ERGO General Insurance Co Ltd OldName: Group : Address: Corp Office 6th Floor, Leela Business Park, Andheri ...
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Icici Lombard General Insurance Ltd

Company Name: ICICI Lombard General Insurance Ltd OldName: Group : Address: Corp Office ICICI Lombard House, 414, Veer Savarkar Marg, ...
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IFFCO Tokio General Insurance Co Ltd

Company Name: IFFCO Tokio General Insurance Co Ltd OldName: Group : Address: Corp Office 4 and 5th Floors, IFFCO Tower, ...
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National Insurance Co Ltd

Company Name: National Insurance Co. Ltd OldName: Group : Address: Corp Office 3, Middleton Street, P.B. No. 9229, City: Kolkatta ...
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New India Assurance Co Ltd

Company Name: New India Assurance Co. Ltd OldName: Group : Address: Corp Office New India Assurance Bldg. 87, M.G. Road, ...
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Sbi General Insurance Co Ltd

Company Name: SBI General Insurance Co Ltd OldName: Group : Address: Corp Office "Natraj", 101, 201 & 301, Junction of ...
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