National Insurance companies

[Lucysmith]

How many National Insurance companies are operating in India right now? How much % people prefer to have insurance from them as compare to private insurance companies?

[IndianInsurance]

The following thread has more detail regarding public sector and private sector insurance companies http://www.indianinsurance.com/forums/showthread.php?t=273

The original insurance cos. were the Life Insurance Corporation of India (LIC) in the life insurance business and General Insurance Corporation of India (GIC) in the non-life / general insurance business. Later GIC was split by geographic location into National Insurance Company, United Insurance Company, Oriental Insurance Co. and New india Assurance Co. See following link for more info... http://www.indianinsurance.com/forums/forumdisplay.php?f=14

Also, the following official IRDA link has the most updated information of all the registered Indian insurers http://www.irdaindia.org/insurers.htm

[daisy7386]

At present, there are 18 life insurers in India. It is believed in the next few months, six more insurers are going to join in, though the names are not disclosed.