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Insurance Companies: Which is your best bet? The opening of the insurance sector has opened exciting new career opportunities for the Indian professionals. With the privatisation of the insurance sector in the year 2000 ,there are more than 25 players in the insurance market today.  A list of Insurance companies in the private sector  zooming ahead. 

In the News : In the General Insurance sector the Private sector has gained a market share of 40 per cent in the non-life insurance business, from 34 per cent in the financial year 2006-07. Public sector market share in this sector is now only 60 per cent.ICICI Lombard General Insurance Corporation has gained the second spot in insurance premiums growth displacing three public sector companies.

Tata AIG Life Insurance Company Limited is expanding its distribution network.It had 81 branches as on 31 March, 2007, has 169 branches three months later having chalked out plans to have 205 branches by the end of August 2008. This expansion will lead to a 30% increase in its work force

Birla Sun life is planning to add 137 branches now and also increase the number of its agent advisors to one lakh in the current fiscal from 58,000. The company plans to double its market share in the current fiscal

 

Life Insurance Company

General Insurance Company
ICICI PRUDENTIAL ICICI LOMBARD
MAX NEW YORK HDFC Ergo
AVIVA LIFE IFFCO TOKYO
TATA AIG LIFE TATA AIG
HDFC STANDARD LIFE BAJAJ ALLIANZ
BIRLA SUNLIFE CHOLAMANDALAM
METLIFE ROYAL SUNDARM
KOTAK  
SBI Life  
Shriram Life Insurance Company Limited  
Bharti Axa Life Insurance Bharti Axa General Insurance

 


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