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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 ]
The business of general insurance was nationalised through The General Insurance (Emergency) Provisions Ordinance promulgated on 13 May 1971 and thereby the business being carried on by 107 entities was consolidated and restructured into four companies namely The New India Assurance Company Limited, Bombay, United India Fire & General Insurance Company Limited, Madras, Oriental Fire & General ...
New India Assurance Company Limited. Redirect to: New India Assurance. Retrieved from " ".
The Oriental Insurance Company Ltd. ( OICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in New Delhi, the company has 29 regional offices and more than 2,000 active branches nationwide. It also has branches in Nepal, Kuwait, and Dubai that together ...
Sahara India Life Insurance Co. Ltd. Private Lucknow: 2004 14: Shriram Life Insurance Co. Ltd. Private Hyderabad: 2005 15: Bharti AXA Life Insurance Co. Ltd. Private Mumbai: 2008 16: Future Generali India Life Insurance Co. Ltd. Private Mumbai: 2007 17: Ageas Federal Life Insurance Co. Ltd. Private Mumbai: 2008 18: Canara HSBC Life Insurance Co ...
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. [1] It was constructed in 1937 in Mumbai, India for New India Assurance Co. Ltd., an Indian insurance company which was founded by Sir Dorabji Tata in 1919.
The Insurance Regulatory and Development Authority of India ( IRDAI) is an autonomous [ 1] and statutory body under the jurisdiction of Ministry of Finance , Government of India. It is tasked with regulating and licensing the insurance and re-insurance industries in India. [ 2] It was constituted by the Insurance Regulatory and Development ...
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]