List of insurance companies in India

Following is the list of insurance companies in India which have been approved by the Insurance Regulatory and Development Authority of India (IRDAI) which is a statutory body regulating and promoting the insurance and reinsurance industries in India.There are three types of Insurance Companies in India which are as given below:

## Life insurance companies

[edit]

As of 1 April 2025, IRDAI has recognized 26 life insurance companies. Following is the list:[1]

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 | Axis Max Life Insurance Co. Ltd. | Private  | Delhi | 2000
4 | ICICI Prudential Life Insurance Co. Ltd. | Private  | Mumbai | 2000
5 | Kotak Life Insurance Co. Ltd. | Private  | Mumbai | 2001
6 | Aditya Birla Sun Life Insurance Co. Ltd. | Private  | Mumbai | 2000
7 | TATA AIA Life Insurance Co. Ltd. | Private  | Mumbai | 2001
8 | 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. | 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. Ltd. | Private  | Gurugram | 2008
19 | Bandhan Life Insurance Co. Ltd. | Private  | Mumbai | 2008
20 | Pramerica Life Insurance Co. Ltd. | Private  | Gurugram | 2008
21 | Star Union Dai-ichi Life Insurance | Private  | Mumbai | 2008
22 | IndiaFirst Life Insurance Co. Ltd. | Private  | Mumbai | 2009
23 | Edelweiss Life Insurance Co. Ltd. | Private  | Mumbai | 2011
24 | Credit Access Life Insurance limited | Private  | Bengaluru | 2023
25 | Acko Life Insurance Limited | Private  | Bengaluru | 2023
26 | Go Digit Life Insurance Limited | Private  | Pune | 2023

## Non Life insurance companies

[edit]

As of 1 April 2025, IRDAI has recognized 33 non-life insurance companies of which 6 are standalone health insurance companies.[2][3]

| Company  | Sector  | Headquarters  | Founded

|
|
|
|

1  | Acko General Insurance | Private  | Mumbai | 2016
2  | Aditya Birla Health Insurance | Private  | Mumbai | 2015
3  | Agriculture Insurance Company of India | Govt.  | New Delhi | 2002
4  | Bajaj Allianz General Insurance | Private  | Pune | 2001
5  | Cholamandalam MS General Insurance | Private  | Chennai | 2001
6  | Manipal Cigna Health Insurance Company Limited  | Private  | Mumbai | 2014
7  | Navi General Insurance Limited  | Private  | Bengaluru | 2016
8  | Go Digit Insurance  | Private  | Pune | 2017
9  | Zuno General Insurance  | Private  | Mumbai | 2017
10  | ECGC Limited | Govt.  | Mumbai | 1957
11  | Future Generali India Insurance | Private  | Mumbai | 2007
12  | HDFC ERGO General Insurance Company | Private  | Mumbai | 2002
13  | ICICI Lombard | Private  | Mumbai | 2001
14  | IFFCO TOKIO General Insurance  | Private  | Gurugram | 2000
15  | Zurich Kotak General Inusrance | Private  | Mumbai | 2015
16  | Liberty General Insurance | Private  | Mumbai | 2013
17  | Magma General Insurance  | Private  | Mumbai | 2009
18  | Niva Bupa Health Insurance | Private  | 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 Insurance | Private  | Mumbai | 2010
26  | Shriram General Insurance  | Private  | Jaipur | 2008
27  | Star Health and Allied Insurance  | Private  | Chennai | 2006
28  | Tata AIG General Insurance | Private  | Mumbai | 2001
29  | The Oriental Insurance Company | Govt.  | New Delhi | 1947
30  | United India Insurance Company | Govt.  | Chennai | 1938
31  | Universal Sompo General Insurance Company  | Private  | Mumbai | 2007
32  | Kshema General Insurance Limited  | Private  | Hyderabad | 2023
33  | Galaxy Health Insurance Co Ltd  | Private  | Chennai | 2023

## Reinsurance companies

[edit]

In 1 April 2025, IRDAI recognized the first private reinsurer ending state-monopoly of GIC Re since 1972..[4][5]

| Company  | Sector  | Headquarters  | Founded

|
|
|
|

1  | General Insurance Corporation of India | Govt.  | Mumbai | 1972
2  | Valueattics Re  | Private  | Bangalore  | 2017[6]

## References

[edit]

1. ^ "List of Life Insurers". IRDAI. Retrieved 2023-01-31.
2. ^ "List of General Insurers". IRDAI. Retrieved 2023-01-31.
3. ^ "List of Health Insurers". IRDAI. Retrieved 2023-01-31.
4. ^ "IRDAI nod for first private reinsurance firm". The Indian Express. 2025-03-14. Retrieved 2025-03-18.
5. ^ "GIC Monopoly Ends for Reinsurance". Moneylife NEWS & VIEWS. Retrieved 2025-03-18.
6. ^ "Valueattics Reinsurance Limited Information - Valueattics Reinsurance Limited Company Profile, Valueattics Reinsurance Limited News on The Economic Times". economictimes.indiatimes.com. Retrieved 2025-03-18.

## External links

[edit]

* Insurance Regulatory & Development Authority

* v
* t
* e

Insurance in India

Companies|

| Agriculture|

| Public sector|

* Agriculture Insurance Company of India

|

General|

* Cholamandalam MS
* Edelweiss
* HDFC ERGO
* Future Generali
* ICICI Lombard
* Reliance General
* Royal Sundaram
* SBI General
* TATA AIG

| Public sector|

* National Insurance
* New India Assurance
* Oriental Insurance
* United India Insurance

|

Health|

* Niva Bupa

| Public sector|

* Employees' State Insurance (ESI)

|

Life|

* Bandhan Life
* Canara HSBC Life
* Edelweiss
* Exide
* HDFC Life
* ICICI Prudential
* Max Life
* Peerless
* PNB MetLife
* Reliance Nippon Life
* Kotak Mahindra Life
* SBI Life
* Sriram Life
* Tata AIA

| Public sector|

* Life Insurance Corporation of India (LIC)

|

Reinsurance|

* GIC-Re

Repository|

* CDSL
* NSDL

Policy|

* Agricultural insurance in India
* National Health Policy

Government
schemes|

* Ayushman Bharat Yojana
* Biju Swastya Kalyan Yojana
* PM Fasal Bima Yojana
* PM Suraksha Bima Yojana
* PM Jeevan Jyoti Bima Yojana
* Rashtriya Swasthya Bima Yojana

Legislations|

* Insurance Act, 1938
* Industrial Policy Resolution of 1956

Other|

* CISR
* Insurance Institute of India
* Insurance Regulatory and Development Authority (IRDA)
* Insurance Repository in India

* Category

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