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  #1  
February 1st, 2017, 12:03 PM
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IRDA Life Insurance Market Share

I am making project report on the topic Insurance Regulatory and Development Authority (IRDA) and searching for some details. Will you please provide me basic details of IRDA Life Insurance Market Share also provide me list of some of the IRDA Life Insurers?
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  #2  
February 1st, 2017, 01:06 PM
Super Moderator
 
Join Date: Mar 2012
Re: IRDA Life Insurance Market Share

The insurance industry of India consists of 52 insurance companies of which 24 are in life insurance business and 28 are non-life insurers.

Among the life insurers, Life Insurance Corporation (LIC) is the sole public sector company.

Insurance penetration of India i.e. Premium collected by Indian insurers is 3.30% of GDP in FY 2014-15.

Per capita premium underwritten i.e. insurance density in India during FY 2014-15 is US$ 55.0.

List of some life insurers:

1 Bajaj Allianz Life Insurance Co. Ltd.
Mr. Anuj Agarwal Mr. Dhulipala Saisrinivas Tel : 020-66026777
GE Plaza, Airport Road , Yerawada Pune 411 006
Fax : 020 -66026789

2 Birla Sun Life Insurance Co. Ltd Mr. Pankaj Razdan Mr. Anil Kumar Singh Tel: 022-43569000
Reg. Office: One India Bulls Centre, Tower 1, 16th Floor, Jupiter Mill
MD & CEO Fax:022-56783377
Compound, 841 , Senapati Bapat Marg, Elphinstone Road,Mumbai-400013. Toll Free:1-800-270-7000

3 HDFC Standard Life Insurance Co. Ltd
Mr. Amitabh Choudhary Mr. Srinivasan Parthasarathy Tel : 022-67516666
19th Floor, Lodha Excelus,Apollo Mills Compound,
Fax:022-6751 6550
N.M. Joshi Road,Mahalaxmi,Mumbai - 400 011

4 ICICI Prudential Life Insurance Co. Ltd
Mr. Sandeep Bakhshi Ms. Asha Murali Tel : (022) 40391992
ICICIPrulifeTowers , 1089, Appasaheb Marathe Marg,
Fax no.: (022) 66622031
Prabhadevi, Mumbai 400 025.

5 Exide Life Insurance Co. Ltd.
Mr.Kshitij Jain Mr. B.N.Rangarajan Tel:080-25328000
3rd Floor, JP Techno Park,No.3/1, Millers Road, Bengaluru - 560 001.
MD & CEO Fax:080-25559764

6 Life Insurance Corporation of India Mr. V.K Sharma Mr. P K Arora
Tel : 022- 66598000
Yogakshema, Jeeva Bima Marg,
Fax:022-22028600
Post Box No. 19953 Mumbai 400 021

7 Max Life Insurance Co. Ltd Shri Rajesh Sud
Mr. Jose Chathuparambil John Tel : 0124-2561717
11th Floor, DLF Square , Jacaranda Marg, DLFCity ,
Ext-1321
Phase-II, GURGAON 122 002.

8 PNB Metlife India Insurance Co. Ltd.
Mr. Tarun Chugh Mr. P.K.Dinakar Tel : 080-26438638
Unit No. 101, 1st Floor,Techniplex-1,
MD & CEO Fax: 080-26521970
Techniplex Complex,Veer Savarkar Flyover
Toll Free No. 1800-425-6969
Off S V Road Goregaon (West),
Maharashtra- 400062.

9 Kotak Mahindra Old Mutual Life Insurance Co. Ltd
Mr. G. Murlidhar Mr. Sunil Sharma Tel:022- 66057652/6605777
2nd Floor, Plot No: C – 12, G- Block, MD & CEO
Fax: 022 6742 5650
Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051

10 SBI Life Insurance Co. Ltd
Mr. Arijit Basu Mr. Subhendu Bal Tel : 022-61910000
Natraj, M.V.Road & Western Express Highway Junction, MD & CEO Fax: 022 61910012


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