Explore India's insurance companies ranked by market capitalisation, reflecting their presence in the financial market.
The insurance industry in India provides financial protection and risk management solutions across life, health, and general insurance sectors. With a growing economy and increasing awareness, this sector plays an essential role in financial markets.
Market Cap: ₹5,63,872 Crore LIC provides a range of life insurance and pension products. It has a widespread network and significant brand recognition across the country. Data as of 26th December 2024. Source: NSE
Market Cap: ₹2,49,703 Crore Bajaj Finserv offers various financial and insurance services through its subsidiary Bajaj Allianz. It operates across multiple segments of the insurance industry. Data as of 26th December 2024. Source – NSE
Market Cap: ₹1,39,122 Crore SBI Life provides life insurance products tailored for different financial requirements. The company benefits from its association with the State Bank of India. Data as of 26th December 2024. Source – NSE
Market Cap: ₹1,34,106 Crore HDFC Life offers a portfolio of life insurance policies designed for individuals and groups. The company is known for its digital platforms. Data as of 26th December 2024. Source – NSE
Market Cap: ₹95,608 Crore ICICI Prudential provides life insurance plans for various financial needs. It utilizes digital solutions for customer engagement and operations. Data as of 26th December 2024. Source – NSE
Market Cap: ₹92,557 Crore ICICI Lombard offers general insurance services such as health, motor, and travel insurance. It serves a broad base of individual and business clients. Data as of 26th December 2024. Source – NSE
Market Cap: ₹82,342 Crore GIC primarily operates in the reinsurance segment, managing risks for insurance providers. It is one of the key players in its domain. Data as of 26th December 2024. Source – NSE
Market Cap: ₹38,133 Crore Max Financial is involved in life insurance through its subsidiary Max Life Insurance. It offers a variety of financial products and services. Data as of 26th December 2024. Source – NSE
Market Cap: ₹32,663 Crore New India Assurance specializes in property and casualty insurance. It provides solutions to individuals and businesses across different sectors. Data as of 26th December 2024. Source – NSE
Insurance stocks are a significant part of the financial market, offering exposure to a sector that deals with risk management and financial protection. Companies like LIC and SBI Life represent key players in this domain.