How Many Private General Insurance Companies Are There In India. The insurance industry comprises a total of 57 insurance companies in india. Four of the public sector general insurers carry on multiline operations whereas two (ecgc and aic) are specialised companies.
Of these, 05 companies are standalone health insurance companies. This company later got merged with 12 indian insurance companies, 4 cooperative insurance societies and indian operations of 5 foreign insurers, apart from general insurance operations of southern region of life insurance corporation of india. It has sbi network of 22000+ branches in over 125 branches across india.