Sentences with phrase «sector life insurance companies»

According to industry experts, the banking distribution channel account for almost 60 per cent of the business at leading private sector life insurance companies.

My insurance agent told me about an endowment plan and a money - back plan, both offered by a private sector life insurance company.

In fact, LIC is the only public sector life insurance company in India.

Private - sector life insurance companies with assets under management (AUMs) of more than Rs 60,000 crores will be the first ones that will have to list.

«The reasons for a negative growth in the premium collections are various factors that are influencing the financial sector as a whole», the Minister said, adding the 23 private sector life insurance companies collectively witnessed 8.13 per cent decline in premium collection.

ICICI Prudential Life is one of the first private sector life insurance companies who after receiving approval from the Insurance Regulatory Development Authority of India (IRDAI) have begun its operation in December 2000.

Sahara India Life Insurance Co. Ltd. (SILICL) is the first fully owned Indian private sector life insurance company without any foreign partner with an initial paid up capital of 157 crores.

Under the agreement, Dhanlaxmi Bank will continue to sell life insurance products of Bajaj Allianz Life, a spokesman for the private sector life insurance company said here.

Life Insurance Corporation (LIC) of India is the only public sector life insurance company headquartered in Mumbai.

Speaking to Business Standard, Vishal Kapur, deputy area manager of Bajaj Allianz Life Insurance, said «Ours was the first private sector life insurance company which ventured into the rural market, in 2004.

According to sources familiar with the developments, private - sector life insurance companies with assets under management (AUMs) of more than Rs 60,000 crore will be the first ones that will have to list.

LIC is the oldest and stand alone public sector life insurance company in India which was founded in the year 1956 by an act of parliament.

Established in the year 1956, Life Insurance Corporation of India, also called LIC, is one of India's largest and only public sector life insurance companies.

Birla Sun Life ranks among the top seven private sector life insurance companies in India and was conferred with «Good Corporate Citizen Award» for the year 2009 - 10 in Mumbai under the Banking and Financial Institutions category.

Reliance Life Insurance is amongst the top 5 private sector life insurance companies.

While 12.78 % growth has been reported by LIC in their premium income, the private sector life insurance companies have posted a growth of 17.40 %.

It is ranked among the top seven private sector life insurance companies in India.

ING Vysya, the private sector life insurance company, has done exceedingly well in terms of fulfilling its rural and social sector obligations during the last financial year.

In April - June 2009, private sector life insurance companies have paid Rs 321 crore in death claims compared with Rs 204 crore in the year - ago quarter, an increase of 57.35 per cent.