India · South Asia · class L

Life insurance companies in India

26 licensed life insurers, 35% of the 74 insurance entities supervised by the Insurance Regulatory and Development Authority of India. Long-term life assurance, annuities, pensions and savings products.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Acko Life
Licensed 2023
LLifeAckoDomestic privateIRDAIVerified—
Aditya Birla Sun LifeLLifeAditya Birla / Sun LifeDomestic privateIRDAIVerified—
Ageas Federal LifeLLifeAgeas / Federal BankDomestic privateIRDAIVerified85 Confidence: Low
Aviva Life Insurance IndiaLLifeAviva / DaburDomestic privateIRDAIVerified—
Axis Max LifeLLifeAxis Bank / Max FinancialDomestic privateIRDAIVerified—
Bajaj Allianz Life (Bajaj Life)NSE: BAJAJFINSV
Allianz exit 2025; rebranding
LLifeBajaj FinservDomestic privateIRDAIVerified—
Bandhan Life (ex-Aegon Life)LLifeBandhan FinancialDomestic privateIRDAIVerified98 Confidence: Low
Bharti AXA Life (Bharti Life)LLifeBhartiDomestic privateIRDAIVerified98 Confidence: Low
Canara HSBC Life
Listed 2025
LLifeCanara Bank / HSBCDomestic privateIRDAIVerified—
Credit Access Life
Licensed 2023
LLifeCreditAccess GrameenDomestic privateIRDAIVerified—
Edelweiss Life (Zuno Life)NSE: EDELWEISSLLifeEdelweissDomestic privateIRDAIVerified—
Generali Central Life (ex-Future Generali Life)Borsa Italiana: GLLifeGeneraliIAIGForeign multinationalIRDAIVerified—
Go Digit Life
Licensed 2023
LLifeGo Digit / FairfaxDomestic privateIRDAIVerified—
HDFC LifeLLifeHDFC BankDomestic privateIRDAIVerified—
ICICI Prudential LifeLLifeICICI / Prudential plcDomestic privateIRDAIVerified—
IndiaFirst LifeLLifeBank of Baroda / Carmel PointDomestic privateIRDAIVerified—
IndusInd Nippon Life (ex-Reliance Nippon Life)
Renamed 2026
LLifeIIHL / Nippon LifeDomestic privateIRDAIVerified96 Confidence: Low
Kotak Mahindra LifeBSE: 500247LLifeKotakDomestic privateIRDAIVerified—
Life Insurance Corp of India (LIC)State-owned
Largest life insurer; listed 2022
LLifeGovernment of IndiaState-owned / parastatalIRDAIVerified91 Confidence: Low
PNB MetLifeLLifePNB / MetLifeDomestic privateIRDAIVerified—
Pramerica LifeLLifePiramal / Prudential FinancialDomestic privateIRDAIVerified—
Sahara India Life
Portfolio transferred to SBI Life
LLifeSaharaDomestic privateIRDAIVerified—
SBI LifeLLifeSBI / BNP Paribas CardifDomestic privateIRDAIVerified—
Shriram LifeLLifeShriram / SanlamDomestic privateIRDAIVerified—
Star Union Dai-ichi LifeLLifeBoI / Union Bank / Dai-ichiDomestic privateIRDAIVerified—
Tata AIA LifeLLifeTata / AIADomestic privateIRDAIVerified—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About life insurers in India

How many life insurers are licensed in India?

26 of the 74 licensed insurance entities this directory lists in India are classified as life (35%). Verified against the regulator register.

Who regulates life insurers in India?

Insurance Regulatory and Development Authority of India (IRDAI). Regime: Insurance Act 1938; 100% FDI from 2025. Official website: https://irdai.gov.in.

Who owns the life insurers in India?

Of the 26 licensed life insurers in India, 24 are domestic private companies, 1 is a subsidiary of a foreign multinational group (Generali), and 1 is state-owned or parastatal (Government of India), as recorded in the register.

Data: /api/v1/countries/india.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.