Top 10 Best Insurance Companies in india 2022 – There are many insurance companies in India and there are different types of insurance policies available today to protect your loved ones and your favorite things. You are spoiled with options as there are a variety of insurance players in the market that offer a lot of unique plans. A in a life insurance policy. There are 24 life insurance companies in India that are approved and recognized by IRDAI when it comes to choosing the right insurance plan.
Important General Insurance also provides you financial protection against the effects of these man-made and natural calamities. General insurance also covers one of the expenses incurred on legal proceedings. That is why we will know about some top 10 insurance companies in India of 2022, it is very important to know about top 10 insurance companies in India if you are an Indian citizen. There are insurance companies in foreign countries too, but today we will know about 10 insurance companies of India.
Insurance Companies List in india 2022
1. LIC OF INDIA
LIC is one of the Top 10 insurance companies in India, which came into existence in the year 1956. And the total assets of LIC under management is INR 3,111,847 Crores. and with 2048 branch offices, 113 divisional offices, 8 regional offices and 1408 satellite offices each in any comrade of the country. LIC is a trusted insurance branch which provides great convenience to its customers through its excellent customer services on digital plate and also through branch offices of various other ups.
2. Tata AIA Life Insurance Company Limited
Second Insurance in 2022 Tata AIA Life Insurance Company has assets under management of Rs 46,281 crores in 2021 Being one of the trusted insurance arm in India, Tata AIA Life offers multiple insurance solutions ranging from protection to wealth creation. Tata AIA Insurance Company is a joint venture between Tata Sons Private Limited, one of the largest business conglomerates, and AIA Group Limited, Asia’s largest insurance conglomerate.
3. ICICI Prudential Life Insurance
Top insurance companies are ICICI Bank Ltd. and Prudential Compression Holdings Ltd. ICICI Prudential Life has assets under management of Rs 2,231.71 billion as on 30 June 2021 With a customer centric approach, ICICI Prudential Life offers various long term protection and savings plans to a diverse customer base.
4. Bajaj Allianz Life Insurance Company
Bajaj Allianz Life Insurance Company was established in the year 2001 in a joint venture between Bajaj Finserv Limited of the Bajaj Group. Bajaj Allianz Life has been recognized as the Digital Marketer of the Insurance category for the year 2018. and Bajaj Allianz Digital Technology Senate Awards 2021. And Bajaj Allianz Top 75 Most Valuable Indian Brands 2019 Bajaj Allianz is one of the leading India insurance providers. Bajaj Allianz Life Insurance Company is one of the fourth largest insurance company.
5. SBI Life Insurance Company
SBI Life Insurance Company was earlier started as a bancassurance business which has now been expanded to multi distribution channels. and SBI Life Insurance is a joint venture between State Bank of India (SBI). SBI Life has won the Board for the Year 2016-18 Award in the Insurance Category. SBI Life has received many awards and accolades for its work in the field. SBI Life has won the Private Sector Life Insurance Company of the Year award at the Fintelect Insurance Awards. SBI Life Insurance Company comes at number five in the list of Top 10 Insurance companies in India 2022.
6. Reliance Nippon Life Insurance Company
Reliance Nippon Life Insurance Company was established in the year 2001, which is one of the leading insurance companies in India, serving different sections of people. It is the sixth insurance company in the list of top 10 insurance companies in India 2022. Reliance Life has received the Best Digital Customer Experience Award and TechCircle Business Transformation Awards 2021. Reliance Life has received the Best Risk Innovation of the Year Award.
7. Aviva Life Insurance Company
Aviva Life Insurance Company 121 branches and 9,999+ employees, Aviva Life is offering a wide range of insurance products from protection plans to savings and retirement plans. Aviva Life Insurance Company was adjudged the most trusted private life insurance brand for the year 2018 and 2019, by TRA, Brand Trust Report India Study. Best and most trusted brand 2019.
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8. Birla Sun Life Insurance Company
Birla Sun Life Insurance Company is one of the best insurance companies in India. It comes at number 8 in the list of Top 10 Life Insurance Company in India 2022, which offers insurance solutions ranging from protection plans to pension plans, saving plums and many new age products. offers a diverse range of And the management of the company is INR Rs. 5,28,151 million by March 2021.
9. Kotak Life Insurance Company
Kotak Life Insurance Company is one of the fastest growing and top insurance companies in India with a policyholder base of 30 million, Kotak Mahindra Bank is the parent company for Cuttack Life Insurance. Kotak Group has achieved many milestones in the financial services sector and is consistently honored and recognized for its achievements. Kotak Life Insurance Company Novi is one of the largest life insurance companies.
10. PNB Metlife Insurance Company
PNB Metlife Insurance Company is an insurance company, by offering multiple life insurance and savings products, servicing the customers of more than 7,000 locations through its multi distribution channels. PNB MetLife has won the Best in Diversity and Inclusion by People Matters Awards 2021. PNB MetLife Insurance Company is one of the best insurance companies in India which was established in the year 2001.