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  2. Life insurance in India - Wikipedia

    en.wikipedia.org/wiki/Life_insurance_in_India

    Life Insurance in India was nationalised by incorporating Life Insurance Corporation (LIC) in 1956. All private life insurance companies at that time were taken over by LIC. In 1993, the Government of India appointed RN Malhotra Committee to lay down a road map for privatisation of the life insurance sector.

  3. Life Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Life_Insurance_Corporation

    Life Insurance Corporation of India (LIC) is an Indian multinational 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$610 billion) as of March 2024. [ 4 ]

  4. What is a life insurance premium and how does it work? - AOL

    www.aol.com/finance/life-insurance-premium-does...

    A life insurance premium is the rate you pay for life insurance coverage. Life insurance premiums are determined using factors such as age, health, policy type and coverage limits.

  5. List of insurance companies in India - Wikipedia

    en.wikipedia.org/wiki/List_of_insurance...

    List is arranged chronologically based on their recognition by IRDAI # Company Sector Headquarters Founded 1: Life Insurance Corporation of India: Govt. Mumbai: 1956 2: HDFC Life Insurance Co. Ltd. Private Mumbai: 2000 3: Max Life Insurance Co. Ltd. Private Delhi: 2000 4: ICICI Prudential Life Insurance Co. Ltd. Private Mumbai: 2000 5: Kotak ...

  6. Insurance Regulatory and Development Authority - Wikipedia

    en.wikipedia.org/wiki/Insurance_Regulatory_and...

    The LIC absorbed 154 Indian and 16 non-Indian insurers and 75 provident societies. The LIC had a monopoly until the late 1990s, when the insurance industry was reopened to the private sector. General insurance in India began during the Industrial Revolution in the West and the growth of sea-faring commerce during the 17th century.

  7. Some foreign investors have concerns about LIC IPO - chairman

    www.aol.com/news/indias-decision-list-lic-based...

    NEW DELHI (Reuters) -Foreign institutional investors (FIIs) have some concerns about Life Insurance Corp's (LIC) IPO but global pension funds have "good interest" in the Indian state-run insurance ...

  8. Insurance Act, 1938 - Wikipedia

    en.wikipedia.org/wiki/Insurance_Act,_1938

    The Insurance Act has 120 sections and 8 schedules. Under it, only an Indian company, as defined and registered under Companies Act, 1956, is allowed to operate in India.

  9. AOL Plans - AOL Help

    help.aol.com/articles/aol-advantage-plans

    Tech Plus by AOL will provide around-the-clock tech support for all your devices coupled with computer and digital data protection services. • Tech Plus by AOL - Platinum - Tech Plus Platinum includes top of the line products to help protect your identity, personal data and devices, so that you have more control over your digital life.