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The New India Assurance Co. Ltd. ( NIA) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in Mumbai, [5] it is the largest nationalised general insurance company of India based on gross premium collection inclusive of foreign operations. [6]
gicofindia .com. General Insurance Corporation of India Limited, (abbreviated as GIC Re ), is an Indian public sector reinsurance company, headquarters in Mumbai, India. It was incorporated on 22 November 1972 under Companies Act, 1956. It was the sole nationalised reinsurance company in the Indian insurance market until the insurance market ...
New India Assurance Building. Detailed view of the building. The New India Assurance Building is an art deco office building made of reinforced concrete and designed by Master, Sathe and Bhuta, with artistic designer N. G. Pansare. It was constructed in 1936 in Mumbai, India .
With this, the company was ranked second among general insurance companies operating in India, behind New India Assurance, at the end of the 2014 Financial Year. With about 2000 offices and approximately 11,000 employees and many more agents, the company operates in all of India, and neighbouring Nepal.
Life Insurance Corporation of India (LIC) is an Indian multinational Central Public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$630 billion) as of March 2024. [3]
New Delhi: 2008 19 National Insurance Company: Govt. Kolkata: 1906 20 New India Assurance: Govt. Mumbai: 1919 21 Raheja QBE General Insurance: Private Mumbai: 2007 22 Reliance General Insurance: Private Mumbai: 2000 23 Care Health Insurance Ltd: Private Gurugram: 2012 24 Royal Sundaram General Insurance: Private Chennai: 2000 25 SBI General ...
Bajaj Allianz General Insurance Co. Ltd. Title. MD & CEO, Bajaj Allianz General Insurance Co. Ltd. Website. www .bajajallianz .com /ceo-blog .html. Tapan Singhel (12 August 1966) is an Indian insurance executive that has been the Managing Director and Chief Executive Officer (CEO) of Bajaj Allianz General Insurance company since April 2012.
New India Assurance Co. Ltd., and United India Insurance Co. Ltd. AIC is under the administrative control of Ministry of Finance, Government of India, and under the operational supervision of Ministry of Agriculture, Government of India. Insurance Regulatory and Development Authority (IRDA), Hyderabad, India, is the regulatory body governing AIC.