General Insurance Companies Govt Of India
One of the leading fmgc companies of india and sompo japan nipponkoa a private japanese insurance company based out in tokyo.
General insurance companies govt of india. It is available in 71 cities and the plan is to expand the scope to more areas. Gic re has its registered office and headquarters in mumbai it was the sole reinsurance company in the indian insurance market until the insurance market was open to foreign reinsurance players by late 2016 including companies from germany switzerland and france. Gic re or gic of india is a state owned enterprise in india it was incorporated on 22 november 1972 under companies act 1956. As of january 2020 irdai has recognized one reinsurance company.
The government aims to complete merger of three state owned general insurance companies national insurance co ltd united india insurance co ltd and oriental insurance co ltd by the end of march finance secretary rajiv kumar said respective boards of the three companies have already given their in principal approvals for the merger. Is a private public joint venture between three public sector banks namely indian overseas bank iob allahabad bank and karnataka bank. Universal sompo general insurance company ltd. The company collected rs.
In 2003 all shares of the company held by the general insurance corporation of india were transferred to the government of india. The list of general insurance companies in india. With aggressive govt policies related to foreign trade coming in most of the market researchers foresee the fdi levels in this sector to go beyond the current 26. Central government health insurance scheme covers allopathy and homeopathy as well.
Oriental india insurance company. The oriental insurance company ltd was incorporated in the year 1947. As a sole reinsurer in the domestic reinsurance market gic re provides reinsurance to the direct general insurance companies in the indian market. General insurance corporation of india since 1972.
This is a state government scheme. United india insurance company. The oriental insurance company limited. The government of india goi through nationalisation took over the shares of 55 indian insurance companies and the undertakings of 52 insurers carrying on general insurance business.
The company has 30 regional offices and 1800 branches across the country. The oriental india insurance company limited was established on september 12 th 1947. The company has 1924 offices in the country and has employee strength of 13923 as on 31 03 2016. 99 556 as premium in 1950.
1938 34 universal sompo general insurance company. Company sector headquarters founded 1 general insurance corporation of india. 6 chief minister s comprehensive insurance scheme.
- Hub Insurance Island Highway
- Insurance Companies For Homeowners Policies
- Insurance Companies In Arlington Texas
- Insurance Companies In Elizabethtown Kentucky
- Insurance Adjuster Training Near Me
- Insurance Companies Breckenridge Minnesota
- Home Insurance With Free Gift Uk
- Homeowners Insurance Quote For Veterans
- Insurance Benefits Group Warrensburg
- Homeowners Insurance Claim Form Template
- Highmark Insurance Breast Pump Coverage
- How Do Insurance Companies Determine Vehicle Value
- Insurance Agent Job Review
- Insurance Auto Auctions Davenport Ia
- Homeowners Insurance Companies Massachusetts
- Insurance Companies For Business Insurance
- Home Insurance Quotes For Veterans
- Humana Health Care Insurance
- Insurance Claim Check Us Bank
- Homeowners Insurance Vs Umbrella Policy