Correct Answer : 1850
The first General Insurance Company in India was Triton Insurance Company Ltd. It was set up under the control of British.
Correct Answer : New India Assurance Company Ltd.
Correct Answer : Misuse Alert
Correct Answer : IRDA
Correct Answer : Hyderabad
Correct Answer : Insurance companies
Correct Answer : Eight
Correct Answer : Mumbai
Correct Answer : US$310 billion
Life Insurance Corporation of India (LIC) has an asset size of Rs 2,009,119 crore (US$310 billion) as of 2016. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation in 1956
Correct Answer : Exide Life Insurance Co. Ltd.
Exide industries acquired 50% stakes of ING Vysya Life Insurance in 2005.After ING exited from India in Jan 2013, Exide Industries acquired the remaining 50% of the equity capital of ING Vysya Life Insurance, thus becoming 100% stake holder.And after this — ING Vysya Life was renamed as Exide Life Insurance in 2014. Exide Life Insurance is head quartered in Bangalore.
