The document lists the top 10 insurance companies in India by market share. It provides details on each company such as their corporate office location, year established, business type, employee count, and website. The top company is Life Insurance Corporation of India (LIC), which has dominated the Indian insurance market since its establishment. Other major companies include SBI Life Insurance, Birla Sunlife Insurance, Reliance Life Insurance, and ICICI Prudential Life Insurance.

1. Top Ten companies of insurance sector
1 |Life Insurance Corporation of India (LIC) Website – www.licindia.in
Details – Best Insurance Company in India dominating the market since then it established in
market. In other word, It is the synonyms of Insurance in India, most important they have best
settlement ratio.
2 | SBI Life Insurance
Corporate Office – Mumbai, Maharashtra | Employees – 7300+ |
Business – Insurance | Establishment – 2001 |
Website -www.sbilife.co.in
Details -State bank of India life insurance is a joint venture between BNP Paribas Cardif holding
74:26 ratios. It has great hold in Indian market as far as concern of Finance and banking sector, best
in insurance sector after LIC.
Top 10 Insurance Companies in India | Insurance Sector
3 | Birla Sunlife Insurance
Corporate Office – | Employees – 133000+ |
Business – Financial services | Establishment – 2000 |
Website -www.birlasunlife.com
Details - It is finacial and Insurance company, a Joint venture of Aditya Birla and Sun life Insurace.
Company offers life insurance products including health, wealth and retiral plans.
4 | Reliance Life Insurance (RLIC)
Corporate Office – Navi Mumbai,Maharashtra | Employees – 1000+ |
Business – Insurance | Establishment – 2001 |
Website -www.reliancelife.com
Details – Company is group company of Reliance, among of top insurance company in India. In year
2011 Nippon life insurance, Japan acquired 26% share in this company.
Top 10 Insurance Companies in India | Insurance Sector
5 | ICICI Prudential Life Insurance
Corporate Office – United Kingdom | Employees – 15000+ |
Business – Life Insurance | Establishment – 2000 |
Website -www.iciciprulife.com
Details – ICICI prudential is a joint venture between ICICI and prudential Plc, United kingdom. ICICI
Prudential offers wide range of Insurance Products including health, wealth, life insurance, medical
insurance and retiral solutions.

2. 6 | Tata AIG Life Insurance
Corporate Office – Mumbai, Maharashtra | Employees – — |
Business – Insurance | Establishment – 2001 |
Website -www.tataaiginsurance.in
Details – Tata AIG is a joint venture between Tata and AIG, It is flagship company of Tata group.
Started insurance business in year 2001, company launched many insurance products such as
Motor, travel, health and accidental insurance.
Top 10 Insurance Companies in India | Insurance Sector
7 | ING Vysya Life Insurance
Corporate Office – Bangalore, Karnataka | Employees – 7800+ |
Business – Insurance | Establishment – 2001 |
Website -www.inglife.co.in
Details – ING vysya is a insurance company offers insurance policies and retiral plans. It has been
serving in more than 200 cities in India and almost 10 lacs customer base.
8 | Bajaj Allianz Life Insurance
Corporate Office – Pune | Employees – 1000+ |
Business – Insurance | Establishment – 2001 |
Website -www.bajajallianz.com
Details – It is a private Insurance company offers many insurance plan & policies including ULIP,
pension plans and term Insurance.
Top 10 Insurance Companies in India | Insurance Sector
9 | Max Life Insurance
Corporate Office – New Delhi | Employees – 8000+ |
Business – Financial Services | Establishment – 2000 |
Website -www.maxlifeinsurance.com
Details – Max life insurance is another private company offers Insurance plans for everyone.
10 | HDFC Standard Life Insurance
Corporate Office – Mumbai, Maharashtra | Employees – 15500+ |
Business – Insurance | Establishment – 2000 |
Website -www.hdfclife.com
Details – Group company of giant Housing development finance corporation, it is joint venture with
Standard life Insurance.

3. Submitted by: Kuldeep Sharma