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.
What was the first private insurance company?
Amicable Society for a Perpetual Assurance Office, established in 1706, was the first life insurance company in the world.
Which is the No 1 life insurance company in India?
In 1870, Bombay Mutual Life Assurance Society became the first Indian insurer.