Insurance Companies in India

JV between Bajaj Finserv and Allianz SE for life insurance

India's largest life insurer, government-owned corporation

Known for highest claim settlement ratio among private life insurers

JV between PNB, MetLife and other partners

JV between Tata Group and AIA Group

Digital-only insurer, direct-to-consumer model with no intermediaries

JV between Bajaj Finserv and Allianz SE

Insurtech company known for digital-first, simplified insurance

Subsidiary of HDFC Bank, major general insurer

Government-owned PSU general insurer, one of the oldest in India

India's largest general insurance company, government-owned

Part of Reliance Capital Group

JV between SBI and IAG (Insurance Australia Group)

JV between Tata Group and AIG

JV between Manipal Group and Cigna Corporation (USA)

Joint venture between Fettle Tone (India) and Bupa (UK)

JV between Aditya Birla Group and MMI Holdings of South Africa

JV between Aditya Birla Group and Sun Life Financial

Formerly Aegon Life, rebranded to Bandhan Life Insurance

JV between Canara Bank, HSBC Insurance and Punjab National Bank

Formerly Religare Health Insurance, leading standalone health insurer

JV between Murugappa Group and Mitsui Sumitomo Insurance

JV between Edelweiss Financial Services and Tokio Marine Holdings

Leading private life insurer, subsidiary of HDFC Bank

Largest private sector general insurer in India

Major private life insurer, JV between ICICI Bank and Prudential plc

Part of Kotak Mahindra Group

Part of Kotak Mahindra Group

Government-owned PSU general insurer

Formerly DHFL Pramerica, subsidiary of Prudential Financial Inc.

Subsidiary of Sundaram Finance, JV with Ageas (Belgium)

JV between SBI and BNP Paribas Cardif

India's largest standalone health insurer by market share

Government-owned PSU general insurer