1818: Oriental Life Insurance Company, the first life insurance company on Indian soil started functioning. 1870: Bombay Mutual Life Assurance Society, the first Indian life insurance company started its business.
Which is the first life insurance company in the world?
1762 Equitable Life Assurance Society, the world's oldest mutual life insurer, was formed in England.
What is the first Indian life insurance company formed in 1870?
1818 - 1870 - The life insurance company was first established in the city of Calcutta in the year 1818 and referred to as the Oriental Life Insurance Company.
Which of the following is the first life insurance company in India Mcq?
The Oriental Life Insurance Company, the first company in India offering life insurance coverage, was established in Kolkata in 1818.