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What is History of General Insurance in India about?

The general insurance industry in India has evolved over centuries. Marine insurance began in the early 19th century and fire insurance started in 1825. The first general insurance company, Triton Insurance, was established in 1850. In 1907, the Indian Mercantile Insurance Company became the first to transact all classes of general insurance. The industry grew, with the General Insurance Council regulating practices from 1957. In 1972, the Government nationalized the industry, consolidating over 100 insurer

Author

kamilnizami

Language

EN