Insurance Master

Best Property/ Casualty  Insurance companies The nation’s top 25 property/casualty insurance companies claim more than two-thirds of the total market and wrote more than $588 billion in premium in 2015 – up 3.4% from the year previous, according to new data from the National Association of Insurance Commissioners. Each insurer has increased their direct premiums written since 2014, and collectively represent a larger share of the market (64.4% in 2015 versus 62.7% the year previous). The usual suspects also top the list, though with some shuffling in position. State Farm  Group is again the largest property/casualty insurance company in the US, representing 10.09% of the market and writing $59.4 billion in direct premiums – nearly double that of its nearest competitor, Allstate ($30.1 billion). Liberty Mutual  fell two slots from the second largest insurer in 2014 to the fourth largest in 2015, as both Allstate and Berkshire Hathaway increased their share of the mar...

Perfect Insurance companies for you... Traditionally, insurance policies were not purchased, they were sold. Ask any investment savvy 50 year old and he or she will most certainly have a life insurance policy offered by the state-owned insurer. However, gone are the days where life insurance was bought because you could not say ‘No’ to a persuasive insurance agent. Over the years, the insurance sector has seen a significant rise in the number of insurance companies, both state-owned and private. Together, these companies and IRDAI have introduced major innovations with regards to products as well as distribution channels. According to the IRDAI annual report, at the end of March 2014, there are 53 insurancecompanies operating in India; of which 24 are in the life insurance business and 28 are in non-life insurancebusiness. In addition, GIC is the sole national reinsurer. Clearly, the buyer today is spoilt for choice. However, when it comes to selecting an insurance provider, ...

Top Insurance companies in India Life Insurance Corporation of India Life Insurance Corporation (LIC) is the biggest life insurer in India and totally owned by the union government. It specializes in individual life insurance, pension plans, and group insurance plans. It has several subsidiaries including the following: Life Insurance Corporation of India International LIC Housing Finance LIC Nepal LICHFL Care Homes LIC Lanka The organization has in excess of 12 million policyholders and more than 9 lakh agents. Till date it has issued in excess of 120 million policies. A major reason for the organization’s success over the years has been its adaptability.  It was introduced to computers during 1964 and since then has been utilizing information technology for serving its customers. It is also a rewarding option when it comes to work opportunities, especially for sales agents who are provided training at par with international standards, and a lot of indepe...