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What is Insurance Industry Analysis in India about?

The insurance industry in India has evolved over centuries. It was first practiced in the 14th century in Genoa, Italy, later spreading to India through trade. Life insurance began in India in 1818 with the establishment of the Oriental Life Insurance Company in Calcutta. In 1956, life insurance was nationalized under LIC. General insurance began in 1850 with the establishment of Triton Insurance Company Ltd. in Calcutta and was nationalized in 1972. In the 1990s, reforms opened the industry to private play

Author

Akshay Mete

Language

EN