Insurance Companies In India Market Share. List of the top 20 largest american insurance companies by market capitalization. In life insurance segment, private players had a market share of 31.3% in new business in fy20.
Select a plan from one of the 15 best companies in india today and gift yourself a safe future. Life insurance corporation of india (lic) commands the leadership position in the indian insurance market with 51% market share on the basis of individual new business premium. Although, in the past few years, private players have started gaining market share in terms of premium collected from 38% in fy 2015 to 49% in fy 2016.
In life insurance segment, private players had a market share of 31.3% in new business in fy20.
The indian life insurance sector offers around 360 million policies, which is the largest. Top companies in india by market capitalization: The life insurance companies have gained an investment prospectus in the recent times with an idea of providing insurance along with a growth of your savings. Gross premiums in india reached $ 94.48 bn in fy 18.