Life Insurance Companies
in India 2025

All the need-to-know facts on life insurance companies—because smart choices matter!

# Company Company Name Headquarter Founded Website Claim Settlement
Ratio (2022-23)
1 Life Insurance Corporation of India Mumbai 1956 https://www.licindia.in 94%
2 HDFC Life Insurance Co. Ltd. Mumbai 2000 https://www.maxlifeinsurance.com/ 93.20%
3 Axis Max Life Insurance Co. Ltd. Delhi 2000 https://www.hdfclife.com/ 93.49%
4 ICICI Prudential Life Insurance Co. Ltd. Mumbai 2000 https://www.iciciprulife.com/ 93.55%
5 Kotak Life Insurance Co. Ltd. Mumbai 2001 https://www.kotaklife.com/ 91.60%
6 Aditya Birla Sun Life Insurance Co. Ltd. Mumbai 2000 https://lifeinsurance.adityabirlacapital.com/ 94.10%
7 TATA AIA Life Insurance Co. Ltd. Mumbai 2001 https://tataaia.com/ 93.40%
8 SBI Life Insurance Co. Ltd. Mumbai 2001 https://www.sbilife.co.in/ 94.45%
9 Bajaj Allianz Life Insurance Co. Ltd. Pune 2001 https://www.bajajallianzlife.com 95.30%
10 PNB MetLife India Insurance Co. Ltd. Mumbai 2001 https://www.pnbmetlife.com/ 92.70%
11 Reliance Nippon Life Insurance Company Mumbai 2001 https://www.reliancenipponlife.com/ 92.60%
12 Aviva Life Insurance Company India Ltd. Gurugram 2002 https://www.avivaindia.com/ 91.35%
13 Sahara India Life Insurance Co. Ltd. Lucknow 2004 https://www.saharalife.com/ 95.0%
14 Shriram Life Insurance Co. Ltd. Hyderabad 2005 https://shriramlife.com/ 94.80%
15 Bharti AXA Life Insurance Co. Ltd. Mumbai 2008 https://www.bharti-axalife.com/ 95.77%
16 Future Generali India Life Insurance Co. Ltd. Mumbai 2007 https://life.futuregenerali.in/ 91.71%
17 Ageas Federal Life Insurance Co. Ltd. Mumbai 2008 https://www.ageasfederal.com/ 92.46%
18 Canara HSBC Life Insurance Co. Ltd. Gurugram 2008 https://www.canarahsbclife.com/ 95.49%
19 Bandhan Life Insurance Co. Ltd. Mumbai 2008 https://www.bandhanlife.com 93.59%
20 Pramerica Life Insurance Co. Ltd. Gurugram 2008 https://www.pramericalife.in/ 94.78%
21 Star Union Dai-ichi Life Insurance Mumbai 2008 https://www.sudlife.in/ 95.38%
22 IndiaFirst Life Insurance Co. Ltd. Mumbai 2009 https://www.indiafirstlife.com/ 95.20%
23 Edelweiss Life Insurance Co. Ltd. Mumbai 2011 https://www.edelweisslife.in/. 95.75%
24 Credit Access Life Insurance limited Bengaluru 2023 https://www.creditaccesslife.in 94.90%
25 Acko Life Insurance Limited Bengaluru 2023 https://www.acko.com/life-insurance 93.80%
26 Go Digit Life Insurance Limited Pune 2023 https://www.godigit.com/life 94.60%
#1
Company
Company Name Life Insurance Corporation of India
Headquarter Mumbai
Founded 1956
Website https://www.licindia.in
CSR 94%
#2
Company
Company Name HDFC Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2000
Website https://www.maxlifeinsurance.com/
CSR 93.20%
#3
Company
Company Name Axis Max Life Insurance Co. Ltd.
Headquarter Delhi
Founded 2000
Website https://www.hdfclife.com/
CSR 93.49%
#4
Company
Company Name ICICI Prudential Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2000
Website https://www.iciciprulife.com/
CSR 93.55%
#5
Company
Company Name Kotak Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2001
Website https://www.kotaklife.com/
CSR 91.60%
#6
Company
Company Name Aditya Birla Sun Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2000
Website https://lifeinsurance.adityabirlacapital.com/
CSR 94.10%
#7
Company
Company Name TATA AIA Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2001
Website https://tataaia.com/
CSR 93.40%
#8
Company
Company Name SBI Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2001
Website https://www.sbilife.co.in/
CSR 94.45%
#9
Company
Company Name Bajaj Allianz Life Insurance Co. Ltd.
Headquarter Pune
Founded 2001
Website https://www.bajajallianzlife.com
CSR 95.30%
#10
Company
Company Name PNB MetLife India Insurance Co. Ltd.
Headquarter Mumbai
Founded 2001
Website https://www.pnbmetlife.com/
CSR 92.70%
#11
Company
Company Name Reliance Nippon Life Insurance Company
Headquarter Mumbai
Founded 2001
Website https://www.reliancenipponlife.com/
CSR 92.60%
#12
Company
Company Name Aviva Life Insurance Company India Ltd.
Headquarter Gurugram
Founded 2002
Website https://www.avivaindia.com/
CSR 91.35%
#13
Company
Company Name Sahara India Life Insurance Co. Ltd.
Headquarter Lucknow
Founded 2004
Website https://www.saharalife.com/
CSR 95.0%
#14
Company
Company Name Shriram Life Insurance Co. Ltd.
Headquarter Hyderabad
Founded 2005
Website https://shriramlife.com/
CSR 94.80%
#15
Company
Company Name Bharti AXA Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2008
Website https://www.bharti-axalife.com/
CSR 95.77%
#16
Company
Company Name Future Generali India Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2007
Website https://life.futuregenerali.in/
CSR 91.71%
#17
Company
Company Name Ageas Federal Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2008
Website https://www.ageasfederal.com/
CSR 92.46%
#18
Company
Company Name Canara HSBC Life Insurance Co. Ltd.
Headquarter Gurugram
Founded 2008
Website https://www.canarahsbclife.com/
CSR 95.49%
#19
Company
Company Name Bandhan Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2008
Website https://www.bandhanlife.com
CSR 93.59%
#20
Company
Company Name Pramerica Life Insurance Co. Ltd.
Headquarter Gurugram
Founded 2008
Website https://www.pramericalife.in/
CSR 94.78%
#21
Company
Company Name Star Union Dai-ichi Life Insurance
Headquarter Mumbai
Founded 2008
Website https://www.sudlife.in/
CSR 95.38%
#22
Company
Company Name IndiaFirst Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2009
Website https://www.indiafirstlife.com/
CSR 95.20%
#23
Company
Company Name Edelweiss Life Insurance Co. Ltd.
Headquarter Mumbai
Founded 2011
Website https://www.edelweisslife.in/.
CSR 95.75%
#24
Company
Company Name Credit Access Life Insurance limited
Headquarter Bengaluru
Founded 2023
Website https://www.creditaccesslife.in
CSR 94.90%
#25
Company
Company Name Acko Life Insurance Limited
Headquarter Bengaluru
Founded 2023
Website https://www.acko.com/life-insurance
CSR 93.80%
#26
Company
Company Name Go Digit Life Insurance Limited
Headquarter Pune
Founded 2023
Website https://www.godigit.com/life
CSR 94.60%