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SBI Life Insurance Co. Ltd. Public Mumbai: 2001 9: Bajaj Allianz Life Insurance Co. Ltd. Private Pune: 2001 10: PNB MetLife India Insurance Co. Ltd. Private Mumbai: 2001 11: Reliance Nippon Life Insurance Company: Private Mumbai: 2001 12: Aviva Life Insurance Company India Ltd. Private Gurugram: 2002 13: Sahara India Life Insurance Co. Ltd ...
United India Insurance Company This page was last edited on 11 November 2020, at 21:22 (UTC). Text is available under the Creative Commons Attribution-ShareAlike ...
Currently there are 7 Nationalized Insurance Companies (Government Shareholding power denoted in %, as of 1 April 2020): Life Insurance Corporation of India(96.50%) General Insurance Corporation of India (85.78%) New India Assurance (85.44%) National Insurance Company(100%) The Oriental Insurance Company(100%) United India Insurance Company(100%)
New India Assurance Company: 1919 Ministry of Finance, Dept of Economic Affairs, Banking & Insurance Division Mumbai, Maharashtra: Services Insurance 141 NLC India Limited: 1956 Ministry of Coal: Tamil Nadu: Mining Coal & Lignite Navratna Category 142 State Bank of India: 1956 Ministry of Finance: Services Banking 143 NLC Tamil Nadu Power: 2006 ...
The insurance sector has gone through a number of phases by allowing private companies to solicit insurance and also allowing foreign direct investment. India allowed private companies in insurance sector in 2000, setting a limit on FDI to 26%, which was increased to 49% in 2014, [2] and further increased to 74% in May 2021. [3]
Companies nationalised by the Government of India (1 C, 42 P) Pages in category "Government-owned companies of India" The following 178 pages are in this category, out of 178 total.
National Insurance Company Limited (NICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance.It is headquartered at Kolkata and was established in 1906 by Gordhandas Dutia and Jeevan Das Dutia.
General Insurance Corporation, (abbreviated as GIC), is an Indian public sector reinsurance company, headquarters in Mumbai, India. It was incorporated on 22 November 1972 under Companies Act, 1956. It was incorporated on 22 November 1972 under Companies Act, 1956.