Insurance Companies

Insurance Companies

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insurance companies

Are you intrested to work in insurance companies?Well, this article will help you to know more about insurance companies.Before starting your career in a field you should aware about the whole industry,whether it is insurance comapnies ,IT companies or whatever it is.Lets us understand some basic knowledge about insurance companies before starting a career in insurance sectors.

In my previous blog i have explained in detail what is insurance and related matter.So let us start directly into insurance companies,types of insurance companies,how to search for a career in insurance companies.

Insurance Companies

(1) Life insurance companies

(2)Non-life or property/casualty insurance companies

Let us have a look in both types of companies.

 Life insurance companies

Life insurance companies sell life insurance, annuities and pensions products.A life insurance policy is a contract with an insurance company. In exchange for premiums (payments), the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries in the event of the insured’s death.In a simple way,companies which selling life insurance policies known as life insurance companies.

Non-life or property/casualty insurance companies

Companies which sell other types of insurance like automobile and homeowners policies knows as non life insurance companies.Non life insurance companies also known as general insurance companies.General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance.

Now lets check which are the main insurance companies in india in public sectors and in private sectors.So you can easily search your career in that companies.

General insurance companies
Public Sector

Following are the main general insurance companies in public sector.
United India Insurance Company Ltd.
National Insurance Company Ltd.
Oriental insurance Company Ltd.
Agriculture Insurance Company of India
The New India Assurance Company Ltd.

Now let us look into the main general insurance companies in private sector.
Private Sector
Cholamandalam MS General Insurance Company
ICICI Lombard
IFFCO Tokio
Liberty Videocon General Insurance Co Ltd
Reliance General Insurance
Tata AIG General
Bajaj Allianz General Insurance
HDFC ERGO General Insurance Co. Ltd.
Royal Sundaram Alliance Insurance Co. Ltd
Magma HDI General Insurance Co. Ltd
Export credit guarantee insurance companies
Public Sector

public sector export credit guarantee insurance company is guven below

Export Credit Guarantee Corporation of India

Now let us check which are the main life insurance companies in public and private sectors.
Life insurance companies
Public Sector
Life Insurance Corporation of India
Private Sector
AEGON Religare Life Insurance
Aviva India
Bajaj Allianz Life Insurance
HDFC Standard Life Insurance Company Limited
Birla Sun Life Insurance
IDBI Federal Life Insurance
IndiaFirst Life Insurance Company
Max Life Insurance
Reliance Life Insurance
Star Union Dai-ichi Life Insurance
Kotak Life Insurance
Bharti Axa Life Insurance
ICICI Prudential Life insurance
Shriram Life Insurance Company
SBI Life Insurance
DHFL Pramerica life insurance company ltd.
Health insurance companies
Cigna TTK
Apollo Munich
Max Bupa Health Insurance Company
Star Health and Allied Insurance
Religare Health Insurance Company

Will update insurance companies in united states and gulf countries in my next blog.

For jobs in insurance sector in gulf countries and europe :  http://goo.gl/tzB5Nj