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Life Insurance In India

Posted on July 8th, 2008 in Life Insurance

Life Insurance is the fastest growing sector in India since 2000 as Government allowed Private players and FDI upto 26% .Life Insurance in India was nationalised by incorporating Life Insurance Corporation (LIC) in 1956. All private life insurance companies at that time were taken over by LIC.
Life Insurance providers in India

Life Insurance Corporation of India [...]

Insurance

Posted on July 8th, 2008 in Insurance

Insurance in India has its history dating back till 1818, when Oriental Life Insurance Company was started by Europeans in Kolkata to cater to the needs of European community. Pre-independent era in India saw discrimination among the life of foreigners and Indians with higher premiums being charged for the latter. It was only in the [...]