Following is the list of insurance companies in India which have been approved by the
Insurance Regulatory and Development Authority of India
The Insurance Regulatory and Development Authority of India (IRDAI) is a regulatory body under the jurisdiction of Ministry of Finance , Government of India and is tasked with regulating and licensing the insurance and re-insurance industrie ...
(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 are as given below:
Life insurance companies
As of September 2022, IRDAI has recognized 24 life insurance companies. Following is the list:
General insurance companies
As of September 2022, IRDAI has recognized 31 non-life insurance companies.
Reinsurance companies
As of January 2020, IRDAI has recognized one
reinsurance
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insu ...
company.
References
External links
Insurance Regulatory & Development Authority
{{Insurance in India
Life insurance companies of India
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...