Top Ten Types of Insurance Companies in India in 2014

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insuranceIn India there are many kinds of insurance solicited like house insurance, tour insurance, life insurance, medical claim, accident insurance and all of these are risk management financial loss services triggered.

The insurance companies in India secures the insurers from different hazards associated with health, home, properties & financial circumstances. The top indian insurance company take accountable in recompsensating the insured from material loss due to type of risks like life, property & business. There are few insurance acts as a form of savings in several countries in shapes of insurance plans & indian policies especally in South Africa, India, Chile & Italy.

With only 2 insurance segments in India like Life Insurance Corporation of India LIC and General Insurance Corporation of India GIC now one can find many insurance companies in India operating as big industry. Here are list and types of insurance companies in India offering best services


Public Sector Insurance Standalone health insurance companies
Oriental Insurance Company Limited OICL Star Health and Allied Insurance company Ltd SHAICL
United India Insurance Company Limited UIICL Apollo Munich Health Insurance AMHI
New India Assurance Company Limited NIACL Max Bupa Health Insurance MBHI
National Insurance Company NIC Religare Health Insurance Company Ltd RHICL
The Motor Assurance India Company Limited TMAICL Cigna CIGNA
Private Sector Export credit guarantee insurance companies
Bajaj Allianz General Insurance BAGI Export Credit Guarantee Corporation of India ECGCI
Bharti AXA General Insurance BAXAGI
Future Generali India Insurance FGII Agriculture Insurance Companies
HDFC ERGO General Insurance HDFC ERGO GI
ICICI Lombard ICICIL Agriculture Insurance Company of India Limited AICIL
Liberty Videocon General Insurance Company Limited LVGICL Life insurance companies
L&T General Insurance LTGI
Magma HDI General Insurance Company Limited MHDIGICL
Raheja QBE General Insurance RQBEGI Life Insurance Corporation of India LIC
Reliance General Insurance RGI (Employee’s State Insurance Corporation)( ESIC
Royal Sundaram RS
Shriram General Insurance SGI Private Insurance Companies
Tata AIG General TAIGG
Universal Sompo General Insurance USGI AEGON Religare Life Insurance ARLI
Cholamandalam MS General Insurance Company Limited CMSGICL Edelweiss Tokio Life Insurance Co. Ltd ETLICL
Apollo Munich Health Insurance AMHI Aviva India AVIVA
Shriram Life Insurance SLI
Bajaj Allianz Life Insurance BALI
Bharti AXA Life Insurance Co Ltd BAXALIC
Birla Sun Life Insurance BSLI
Canara HSBC Oriental Bank of Commerce Life Insurance CHSBC
Star Union Dai-ichi Life Insurance SUDLI
DHFL Pramerica Life Insurance DHFLPLI
Future Generali Life Insurance Co Ltd FGLIC
HDFC Standard Life Insurance Company Limited HDFC SLIC
ICICI Prudential Life Insurance Company Limited ICICI PLIC
IDBI Federal Life Insurance IDBI FLI
IndiaFirst Life Insurance Company ILIC
ING Life Insurance ING LI
Kotak Life Insurance KLI
Max Life Insurance MLI
PNB MetLife India Life Insurance PNB MILI
Reliance Life Insurance Company Limited RLIC
Sahara Life Insurance SLI
SBILife Insurance Limited SBLI