Insurance Companies of India - A Quick View - Gr8AmbitionZ

http://www.gr8ambitionz.com/2013/07/insurance-companies-of-india-qui...

Dear Friends, always type .Com after Gr8AmbitionZ. Beware of duplicate websites with Misleading names. We Don't have any other website except Gr8AmbitionZ.Com

Home

English

AptitudeShortcuts

ReasoningShortcuts

Current Affairs

RBI Assistants Study Material Banking Interview Tips

National Insurance Assistants Study Material Computer Knowledge Notifications

Want to share anything with us??? you can mail your Interview Experiences, Inspirational Stories and other Articles to Gr8AmbitionZ@Gmail.com. We will publish them with your Name and Pic... Thank you

SEARCH YOUR TOPIC HERE.........

with Google Friend Connect

Members (1243) More

W E D N E S D AY, J U LY 1 0 , 2 0 1 3

Insurance Companies of India - A Quick View

riends, this post is for those people Post Office Vacancy who are going to write the www.Quikr.com National Insurance Company's Multiple Positions Open In Your Desired (NICL) Assistants Exam. In this Field. Apply Now. Free! post we shall discuss about the Insurance HDFC ERGO Health Policy Companies of India. If you want to establish an Insurance Company in India, first of all HDFCERGO.com/Health_Insurance you should take the permission from IRDA Hassle free Claim Process with (Insurance Regulatory and Development minimum documents. Know More! Authority). It is an autonomous organization Money Back Term Plan which regulates and develops the Insurance avivaindia.com/Aviva-iShield-Plan Industry in India. Aviva i-Shield Term Plan with 110% of Your Premium Back,Apply Online! Important Points to remember about Insurance Regulatory and Development Authority (IRDA) : Chairman - T. S. Vijayan Head Quarters - Hyderabad Its a 10 member body A Chairman, 5 Whole-time members and 4 Part-time members. There are mainly 6 types of Insurance Companies in India. Those are 1. Life insurance companies 2. General Insurance companies
Banking Interview Tips Previous Papers
STUDY MATERIALS
Already a member? Sign in

Gr8AmbitionZ
Like 27,235 people like Gr8AmbitionZ.

Facebook social plugin

1 of 7

7/10/2013 10:59 PM

Insurance Companies of India - A Quick View - Gr8AmbitionZ

http://www.gr8ambitionz.com/2013/07/insurance-companies-of-india-qui...

3. Agriculture Companies 5. Export credit insurance companies

Insurance

4. Health insurance companies guarantee

BSNL TTA Exam Syllabus and Preparation Plan

6. Re-insurance companies 1. Life Insurance Companies : Life insurance transfers the financial risks associated with a person's death to an insurance company. The person pays the insurance company a premium payment, and the insurer gives the person a death benefit promise in return. When the person dies, the insurer promises to pay a sum of money outlined in the life insurance policy contract. Public Sector Life Insurance Corporation of India (Fully owned by Govt of India) Head Quarters - Mumbai Zonal Managing Directors S K Roy(West), Rahul Grewal(North), N R Guha(East), Debashish Sen(South), Private Sector AEGON Religare Life Insurance Aviva Life Bajaj Allianz Life Insurance Bharti AXA Life Insurance Co Ltd Birla Sun Life Insurance Canara HSBC Oriental Bank of Commerce Life Insurance DLF Pramerica Life Insurance Edelweiss Tokio Life Insurance Co. Ltd Future Generali Life Insurance Co Ltd HDFC Standard Life Insurance Company Limited ICICI Prudential IDBI Federal Life Insurance IndiaFirst Life Insurance Company ING Vysya Life Insurance Kotak Life Insurance Max Life Insurance PNB MetLife India Life Insurance Reliance Life Insurance Company Limited Sahara Life Insurance SBI Life Insurance Company Limited Shriram Life Insurance Star Union Dai-ichi Life Insurance TATA AIG Life Insurance 2. General Insurance Companies (important for us) : General Insurance is basically covers the things that has a financial value in life and has a probably of getting lost, damaged or stolen. General Insurance provides protection against unforeseen events like accidents, illness, fire etc. Unlike life insurance, General insurance is not meant to offer returns but protection against contingencies. In Life insurance, policy provides cover for a set period of time. If the worst were to happen during that time, then the insurance company will be required to pay out the agreed sum to the beneficiary. Public Sector General Insurance Companies (wholly owned by Govt of India)

LIC AAO Exam Previous Papers and Study Materials

Postal / Sorting Assistants Previous Papers and Study Materials IBPS RRB JOB Notifications for year 2013

IBPS Specialist Officers Interview Experiences

United India Insurance AO Exam Previous Papers Free Download

Quick Reference Guide for SBI PO 2013 and SSC CGL Exams Free Download

IBPS Clerks II Common Interview Experiences 2013

Character Certificate Download Banking Awareness Materials and Model Papers for IBPS Clerks Online Exam 2012

2 of 7

7/10/2013 10:59 PM

Insurance Companies of India - A Quick View - Gr8AmbitionZ

http://www.gr8ambitionz.com/2013/07/insurance-companies-of-india-qui...

National Insurance Co Ltd Chairman - NSR Chandraprasad New India Assurance Co Ltd CMD - G. Srinivasan Oriental Insurance Co Ltd CMD - A. K. Saxena United India Insurance Co Ltd CMD - Milind Anna Kharat Private Sector Companies : Bajaj Allianz General Insurance Bharti AXA General Insurance Continental Insurance Services Future Generali India Insurance Cholamandalam MS General Insurance Company Limited ING Vysya Life Insurance HDFC ERGO General Insurance ICICI Lombard IFFCO Tokio Liberty Videocon General Insurance Co Ltd L & T General Insurance Magma HDI General Insurance Co Ltd Max Life Insurance Co ltd Raheja QBE General Insurance Reliance General Insurance Royal Sundaram SBI General Insurance Shriram General Insurance Tata AIG General Universal Sompo General Insurance 3. Agriculture Insurance Companies : Ofcourse, these too comes under General Insurance Companies. But as India is an agricultural country we have separate Insurance Company for Agrucluture. That is Agriculture Insurance Company of India Ltd. It the biggest crop insurer in the world. It offers yield-based and weather-based agricultural insurance in India for almost 500 districts and covering almost 20 million farmers. Chairman cum Managing Director - Joseph Plappallil J. Head Quarters - Delhi 4. Health Insurance Companies : There is no Health Insurance company owned by Indian Government. Of course LIC and Some other General Insurance companies are providing some features of Health Insurance. But they are not considered as full time Health Insurance companies. Some Health Insurance companies owned by private sector are Apollo DKV Insurance Company Ltd. Aviva Life Insurance Bajaj Allianz General Insurance Co. Ltd. Birla Sun Life Insurance E-Meditek Solutions Limited Family Health Plan Limited Health India-Bhaichand Amoluk Insurance Services Pvt. Ltd. HSBC Health Insurance ICICI Lombard General Insurance Co. Ltd. Max New York Life Insurance Med Assist India Ltd.
ENTER YOUR MAIL ID HERE FOR DAILY UPDATES TO UR MAIL.

SSC CGL Previous Papers and Study Materials

New Bank Job Notifications Study Material for Lakshmi Vilas Bank Clerks Exam

Current Affairs

Marketing Aptitude

Take a Speed Improvement Test

Previous Papers List of Nationalized Banks with Websites Multiplication Tables Audio Files for Download

SBI PO Study Materials

Make your Preparation FUN!!! Study with the Admin of this Blog CLICK on below IMAGE for Details

3 of 7

7/10/2013 10:59 PM

Insurance Companies of India - A Quick View - Gr8AmbitionZ

http://www.gr8ambitionz.com/2013/07/insurance-companies-of-india-qui...

MetLife India Assurance Company Paramound Health Group Reliance Health Royal Sundaram Alliance Insurance Company Limited Star Health and Allied Insurance Company Limited Tata AIG United Healthcare 5. Export credit guarantee insurance companies These companies provides export credit insurance support to Indian exporters. The Export Credit Guarantee Insurance company owned by Indian government is ECGC (Export Credit Guarantee Corporation of India). CMD - N Shankar Headquarters - Mumbai 6. Re-insurance companies Reinsurance occurs when multiple insurance companies share risk by purchasing insurance policies from other insurers to limit the total loss the original insurer would experience in case of disaster. By spreading risk, an individual insurance company can take on clients whose coverage would be too great of a burden for the single insurance company to handle alone. When reinsurance occurs, the premium paid by the insured is typically shared by all of the insurance companies involved. The Re-Insurance company owned by India is General Insurance Corporation of India CMD - A. K. Roy Head Quarters - Mumbai Thats all for now friend. Hope it helps in your preparation. All the Best :)

Email address...

POPULAR POSTS

Current Affairs 2013

Quantitative Aptitude Shortcut Tricks

LIC AAO Previous Papers Free Download

SBI PO 2013 Study Materials

Complete Study Material for IBPS CWE Clerical Cadre Recruitment Exam Upcoming Bank Exam Notifications 2013 -14

Syllabus of National Insurance Company 2600 Assistants Recruitment Exam 2013 IBPS IT Officers Study Materials

Like

27,235 people like this. Sign Up to see what your friends like.

Current Affairs Quick Reference Guide for SBI PO and SSC CGL Exams - Pdf

You might also like:

Download LIC AAO Study Materials 2013

Precis Writing Examples for SBI Bank PO Exams

Daily Current Affairs - 12th June 2013

Coding - Decoding of Reasoning Introduction

POPULAR QUERIES

LinkWithin

DISQUS FOR GUIDE4BANKEXAMS

at Gr8AmbitionZ, Updated at: 8:56 PM

+2 Recommend this on Google

LINKWITHIN

Labels: National Insurance Company Assistants Recruitment Special

BLOG ARCHIVE

4 of 7

7/10/2013 10:59 PM

Insurance Companies of India - A Quick View - Gr8AmbitionZ

http://www.gr8ambitionz.com/2013/07/insurance-companies-of-india-qui...

5 comments:
Sadhana July 10, 2013 at 9:02 PM Useful. Thanks for the compilation. If possible please post some shortnotes on participating organizations of Insurance Assistants exam. It will be a great help for us. Hope you wil consider this request. Reply Replies Shiv RK July 10, 2013 at 9:24 PM
HELP YOUR FRIENDS

Share

We will try to arrange it by tomorrow Sadhana. Reply

nikhil July 10, 2013 at 9:15 PM thanks it will help me... Reply

seetha July 10, 2013 at 9:20 PM thank you for your great effort Reply

Anonymous July 10, 2013 at 9:50 PM Thanks siva.. Gr8 job.. if u have time pls post small information about 4 insurance companies 1.national 2.united india 3.oriental 4.new india Reply

Comment as:

Dear Friends... We are little busy in making Study Materials. We are not getting enough time to respond our readers' queries. We will try our best to answer your query. Please don't think otherwise if we are unable to respond. After all we feel our materials are more important to you than our answers. Hope you understand... Good Day :)

Links to this post

Create a Link

5 of 7

7/10/2013 10:59 PM

Insurance Companies of India - A Quick View - Gr8AmbitionZ

http://www.gr8ambitionz.com/2013/07/insurance-companies-of-india-qui...

Subscribe to: Post Comments (Atom)

LINKWITHIN

A Small Request Friends

If you feel our efforts useful, then please Tell your friends about us. Please Help us reach More Aspirants.... Thanks in Advance

RECENT POSTS

Guide4BankExams SBI PO Group Discussion and Interview Experience shared by Mayank Nigam 7/10/2013 Friends, here is the GD and Interview Experiences of SBI Probationary Officers shared by our friend from Agra, Mr. Insurance Companies of India - A Quick View 7/10/2013 Friends, this post is for those people who are going to write the National Insurance Company's (NICL) Assistants Exam. IBPS CWE PO III (Probationary Officers 3) Notification 2013 Out 7/10/2013 Good News Friends, the Institute of Banking Personnel Selection (IBPS) has announced the notification of third Common Written Examination

SUBSCRIBE TO

GO TO TOP BUTTON

Posts Comments

THIS BLOG IS COPYRIGHT PROTECTED

Copyright 2013 Gr8AmbitionZ.com - All Rights Reserved. Powered by Blogger.

All Pages, Data and Graphics presented on this website are the property of www.Gr8AmbitionZ.com. The pages may not be redistributed or reproduced in any Way, Shape, or Form without the written permission of the moderators of www.Gr8AmbitionZ.com

Notifications | Contact Us | Interview Tips | Aptitude Shortcuts | Reasoning Shortcuts | Easy English Tips | Facebook |

6 of 7

7/10/2013 10:59 PM

Insurance Companies of India - A Quick View - Gr8AmbitionZ

http://www.gr8ambitionz.com/2013/07/insurance-companies-of-india-qui...

Current Affairs

2007-2013 www.Gr8AmbitionZ.com - India's Top Online Community for Competitive Exams.

7 of 7

7/10/2013 10:59 PM