Following is the list of insurance companies in India which have been approved by the Insurance Regulatory and Development Authority of India (IRDAI) which is a statutory body regulating and promoting the insurance and reinsurance industries in India.There are three types of Insurance Companies in India which are as given below:
As of 1 April 2025, IRDAI has recognized 26 life insurance companies. Following is the list:
As of 1 April 2025, IRDAI has recognized 33 non-life insurance companies of which 6 are standalone health insurance companies.
On 1 April 2025, IRDAI reinsnised the first private reinsurer ending state-monopoly of GIC Re since 1972.