Life Insurance in India

The Indian insurance industry was liberalized in 2000 with launch of IRDA followed by sector reforms. With the entry of private sector, the number of players has gone to 24 till 2015. There were several product innovations, and competition became intense. The regulator has become a key player in the environment. Over the years, the industry has weathered all trouble and the fundamentals augur well for long term sustainable growth.

In the first decade, there were expansive growth with the sector growing at an impressive 31%. Several regulatory changes were introduced and the market evolved with new customer centric practices in this period.
India continues to be a country of savers though we have witnessed a decline in the household savings rate in the past couple of years. India has invested much in gold and real estate and this trend is changing slowly. Demographic factors also signal high growth prospects like growing middle class, exposure to information and awareness, need for retirement planning etc.,

News

Airtel and Bharti Axa has launched combo insurance package on prepaid mobile charge

Airtel has launched an innovative combo insurance package while topping up the prepaid mobile. The plan starts at ₹ 599 ...

LIC to invest Rs. 1.5 lakh crore in Railways

Life Insurance Corporation (LIC) is planning to invest Rs. 1.5 lakh crore in Indian Railways for development of commercially viable ...

Aviva plans to increase stake to 49%

Aviva Plc is planning to increase its stake in its India business to 49 per cent. Currently, Aviva India (life ...

Life Insurance premium see a rise in April-August 2015 period

New business premiums of life insurance companies saw a 13.8 per cent rise for the period between April 1 and ...

List of All Life Insurance Companies in India

 

Aegon Life Insurance Co Ltd

Company Name: Aegon Life Insurance Co Ltd OldName: Group : Address: Corp Office Building No. 3, Third Floor, Unit No ...

Aviva Life Insurance Co Ltd

Company Name: Aviva Life Insurance Co Ltd OldName: Group : Address: Corp Office Aviva Tower, Sector Road, Opp Golf Course, ...

Bajaj Allianz Life Insurance Co Ltd

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

Birla Sun Life Insurance Co Ltd

Company Name: Birla Sun Life Insurance Co Ltd OldName: Group : Address: Corp Office One Indiabulls Centre Tower 1, 16th ...

Edelweiss Tokio Life Insurance

Company Name: Edelweiss Tokio Life Insurance OldName: Group : Address: Corp Office Edelweiss House, Off. CST Road, , Kalina City: ...

Hdfc Standard Life Insurance Co Ltd

Company Name: HDFC Standard Life Insurance Co Ltd OldName: Group : Address: Corp Office Lodha Excelus, 13th Floor Apollo Mills ...

Icici Prudential Life Insurance Co Ltd

Company Name: ICICI Prudential Life Insurance Co. Ltd OldName: Group : Address: Corp Office ICICI Pru Life Towers, 1089 Appasaheb ...

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, ...

Life Insurance Corporation Of India

Company Name: Life Insurance Corporation Of India OldName: Group : Address: Corp Office Jeevan Bima Marg, Churchgate City: Mumbai 400021 ...

Reliance Life Insurance

Company Name: Reliance Nippon Life Insurance Co Ltd OldName: Group : Address: Corp Office 9th floor/10th floor, Building No. 2, ...