----Insurance(Life & General)History----

INDIAN INSURANCE INDUSTRY: InsurersInsurance industry, as on 1.4.2000, comprised mainly two players: the state insurers: Life Insurers:
Life Insurance Corporation of India (LIC) General Insurers:
General Insurance Corporation of India (GIC) (with effect from Dec'2000, a National Reinsurer) GIC had four subsidary companies, namely ( with effect from Dec'2000, these subsidaries have been de-linked from the parent company and made as independent insurance companies.
The Oriental Insurance Company Limited
The New India Assurance Company Limited,
National Insurance Company Limited
United India Insurance Company Limited. Yr: 2000-2001 : ( From 2nd April '2000 to 31st December'2001)Insurance Industry in the year 2000-2001 had 16 new entrants, namely:Life Insurers:
S.No.
RegistrationNumber
Date of Reg.
Name of the Company
1
101
23.10.2000
HDFC Standard Life Insurance Company Ltd.
2
104
15.11.2000
Max New York Life Insurance Co. Ltd.
3
105
24.11.2000
ICICI Prudential Life Insurance Company Ltd.
4
107
10.01.2001
Kotak Mahindra Old Mutual Life Insurance Limited
5
109
31.01.2001
Birla Sun Life Insurance Company Ltd.
6
110
12.02.2001
Tata AIG Life Insurance Company Ltd.
7
111
30.03.2001
SBI Life Insurance Company Limited .
8
114
02.08.2001
ING Vysya Life Insurance Company Private Limited
9
116
03.08.2001
Bajaj Allianz Life Insurance Company Limited
10
117
06.08.2001
Metlife India Insurance Company Ltd.
11
133
04.09.2007
Future Generali India Life Insurance Company Limited
12
135
19.12.2007
IDBI Fortis Life Insurance Company Ltd. General Insurers :
S.No.
Registration Number
Date of Registration
Name of the Company
1
102
23.10.2000
Royal Sundaram Alliance Insurance Company Limited
2
103
23.10.2000
Reliance General Insurance Company Limited.
3
106
04.12.2000
IFFCO Tokio General Insurance Co. Ltd
4
108
22.01.2001
TATA AIG General Insurance Company Ltd.
5
113
02.05.2001
Bajaj Allianz General Insurance Company Limited
6
115
03.08.2001
ICICI Lombard General Insurance Company Limited.
7
131
03-08-2007
Apollo DKV Insurance Company Limited
8
132
04-09-2007
Future Generali India Insurance Company Limited
9
134
16-11-2007
Universal Sompo General Insurance Company Ltd. Yr: 2001-2002 : ( From 1st Jan 2001 to Dec. 2002)Insurance Industry in this year, so far has 5new entrants; namelyLife Insurers:
S.No.
RegistrationNumber
Date of Reg.
Name of the Company
1
121
03.01.2002
AMP Sanmar Life Insurance Company Limited.
2
122
14.05.2002
Aviva Life Insurance Co. India Pvt. Ltd.
General Insurers :
S.No.
Registration Number
Date of Registration
Name of the Company
1
123
15.07.2002
Cholamandalam General Insurance Company Ltd.
2.
124
27.08.2002
Export Credit Guarantee Corporation Ltd.
3.
125
27.08.2002
HDFC-Chubb General Insurance Co. Ltd.
Yr: 2003-2004 : ( From 1st Jan 2003 till Date)Insurance Industry in this year, so far has 1new entrants; namelyLife Insurers:
S.No.
RegistrationNumber
Date of Reg.
Name of the Company
1
127
06.02.2004
Sahara India Insurance Company Ltd.
Yr: 2004-2005 : Insurance Industry in this year, so far has 1new entrants; namelyLife Insurers:
S.No.
RegistrationNumber
Date of Reg.
Name of the Company
1
128
17.11.2005
Shriram Life Insurance Company Ltd.