National Insurance Company, India 's oldest insurance company incorporated in 1906 , celebrated its 113th Foundation Day at the site of its new state of the art building for its. Corporate Office coming up at Rajarhat.
What is the oldest insurance company?
1710 Charles Povey formed the Sun, the oldest insurance company in existence which still conducts business in its own name. It is the forerunner of the Royal ɪmp; Sun Alliance Group.
Which is the oldest form of insurance in India?
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.
Who is the No 1 insurance company in India?
Marine insurance is the oldest form of insurance known. Indeed, the institution of general average (q.v.), under which the participants in a maritime venture contribute to losses incurred by some for the benefit of all, may itself be looked on as a primitive form of self-insurance.