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Players in life and non lifeinsurance

Presentation by:

Bhanu Priya.R

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M eaning of

Lif e insurance. L ife insurance is a contractyou sign with an insurance company,obligating it to pay a death benefit of a certainvalue to the beneficiaries you name.In most cases, the payment is made at thetime of your death, but certain policies allowyou to take a portion of the death benefit if youare terminally ill and need the money to payfor healthcare.

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M eaning of non life insurance

Non-life insurance, also called propertyand casualty insurance, is a type of

coverage that is very common andcovers businesses and individuals. Itprotects them, monetarily, from disaster by providing money in the event of afinancial loss.

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Top 10 players in India [life]

1 . Lif e Insurance Corporat ion o f Ind ia .2. Bajaj All ianz General Insurance Company Li m ited .3. ICICI Prudent ial Lif e Insurance Company.4. ICICI L ombard General Insurance.5. B irla Sun Lif e Insurance Company Li m ited.6. TATA AIG General Insurance.7. New Ind ia Assurance Company.8. IFFCO Tok io General Insurance.

9. The Or iental Insurance Company L td.10 . HDFC Standard Lif e Insurance Company Li m ited.

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Players in non-life insurance

1 . Bajaj All ianz General Insurance Company Li m ited.2. ICICI L ombard General Insurance Company Li m ited .3. IFFCO-TOKIO General Insurance Company Li m ited .4. Nat ional Insurance Company Li m ited .5.

New India Assurance Company

Lim

ited.6. Or iental Insurance Company Li m ited.

7. Un ited Ind ia Insurance Company Li m ited.8. Tata AIG General Insurance Company Li m ited.9. Royal Sundaram General Insurance Company Li m ited.10 . Cholamandalam General Insurance Company Li m ited.11 . Rel iance General Insurance Company Li m ited.1 2. HDFC ERGO General Insurance Li m ited.

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Private players in the Indianinsurance market

Company Indian partner Foreign insurer Area

Birla sunlife Aditya birlagroup

Sunlife,cannada

life

Royal sundaram Sundaramfinance Royal sun,ukL

ife & non life

Om kotak Kotak mahindrafinance

Old mutual,south africa

life

IC IC I-prudential IC IC I prudential life

Bajaj allianz Bajaj auto allianz L ife & non life

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company Indian partner Foreign insurer Area

HDFC-standardlife insurance

HDFC Standardlife,UK

life

M ax new york life M ax india New york lifeUSA

life

TATA A IG TATA group A IG ,USA L ife & non lifeING vysya Vysya bank ING

insurance,netherlands

life

Aviva Dabur CU G life,uk lifeM

etlife india Jammu &kashmir bankM

etlife, USA life

AM P sanmar Sanmar group A M P, Australia life

SB I life insurance SB I Cardiff,France

life

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