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How many General Insurance Companies are there in India?
1. 32
2. 33
3. 34
4. 35
5. 36

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Correct Answer - Option 2 : 33

The correct answer is 33.

General Insurance Companies in India

  • There are 33 general insurance companies in India.
  • The general insurance sector has 06 public-sector undertakings and rest are in private sector. Of these, 05 companies are standalone health insurance companies.
  • Four of the public sector general insurers carry on multiline operations whereas two (ECGC and AIC) are specialised companies.
  • The key retail products offered by general insurance companies are health, motor, travel and accident insurance.

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