<\/span><\/h2>\n\n\n\nThe best insurance stocks in India are given below, along with a brief overview:<\/p>\n\n\n\n
1. Life Insurance Corporation of India<\/h3>\n\n\n\n It is the largest insurance company in India and was established in 1956. It is also the oldest and is directly under the ownership of the Government of India. LIC offers all kinds of life insurance products, such as term insurance, endowment policies, ULIPs, etc. The company has over 29 crore policyholders and earned a total premium income of \u20b94,75,070 crores in FY 2024. <\/p>\n\n\n\n1Y Return (%)<\/th> 3Y Return (%)<\/th> 5Y Return (%)<\/th><\/tr><\/thead> -29.84%<\/td> -12.95%<\/td> -12.95%<\/td><\/tr><\/tbody><\/table> (As of 16 February 2025)<\/em><\/em><\/figcaption><\/figure>\n\n\n\n2. SBI Life Insurance Company Ltd.<\/h3>\n\n\n\n SBI Life Insurance Co. Ltd. was incorporated in 2001 as a joint venture between the State Bank of India and BNP Paribas Cardif. It offers a plethora of products, which include term insurance, pension schemes, and ULIP plans. With over INR 800 billion of gross written premium for FY 2024, SBI Life holds a significant market position. The company\u2019s headquarters is located in Mumbai.<\/p>\n\n\n\n1Y Return (%)<\/th> 3Y Return (%)<\/th> 5Y Return (%)<\/th><\/tr><\/thead> 0.10%<\/td> 33.71%<\/td> 60.07%<\/td><\/tr><\/tbody><\/table> (As of 16 February 2025)<\/em><\/em><\/em><\/figcaption><\/figure>\n\n\n\n3. HDFC Life Insurance Company Ltd.<\/h3>\n\n\n\n HDFC Life Insurance Company Ltd. was established in 2000 and is among the top life insurance companies today. This joint venture is between HDFC Ltd. and Standard Life Aberdeen. The various individual and group insurance products include term, health, savings, and retirement plans. It has a large customer base and an excellent digital presence with innovative products. The company\u2019s headquarters is located in Mumbai.<\/p>\n\n\n\n1Y Return (%)<\/th> 3Y Return (%)<\/th> 5Y Return (%)<\/th><\/tr><\/thead> 6.71%<\/td> 11.03%<\/td> 8.92%<\/td><\/tr><\/tbody><\/table> (As of 16 February 2025)<\/em><\/em><\/figcaption><\/figure>\n\n\n\n4. ICICI Prudential Life Insurance Company Ltd.<\/h3>\n\n\n\n ICICI Prudential Life Insurance Company Limited is a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, established in 2000. The business is one of India\u2019s leading life insurance companies, offering term life, endowment, retirement plans, etc. ICICI Prudential was the first insurance company in India to list on the Indian stock exchange in 2016. The company\u2019s headquarters is in Mumbai.<\/p>\n\n\n\n1Y Return (%)<\/th> 3Y Return (%)<\/th> 5Y Return (%)<\/th><\/tr><\/thead> 14.62%<\/td> 15.57%<\/td> 21.53%<\/td><\/tr><\/tbody><\/table> (As of 16 February 2025)<\/em><\/em><\/figcaption><\/figure>\n\n\n\n5. ICICI Lombard General Insurance Company Ltd.<\/h3>\n\n\n\n ICICI Lombard General Insurance Company Ltd. is one of the leading general insurance companies in India, and it was incorporated in 2001 as a joint venture between ICICI Bank and Fairfax Financial. ICICI Lombard offers vehicle, health, travel, and property insurance and a host of other products. ICICI Lombard is an innovation- and customer-centric firm that has issued over 36.2 million policies in FY 2024. The company\u2019s headquarters is in Mumbai.<\/p>\n\n\n\n1Y Return (%)<\/th> 3Y Return (%)<\/th> 5Y Return (%)<\/th><\/tr><\/thead> 6.00%<\/td> 35.17%<\/td> 28.39%<\/td><\/tr><\/tbody><\/table> (As of 16 February 2025)<\/em><\/em><\/figcaption><\/figure>\n\n\n\n6. General Insurance Corporation of India<\/h3>\n\n\n\n The General Insurance Corporation of India Ltd. was incorporated in 1972 as the biggest reinsurance company in India and is owned by the Government of India. GIC Re\u2019s strong business model allows it to offer its reinsurance services to direct general insurance companies in India. It also caters to the domestic and international markets. The company posted a gross premium income of \u20b937,182 crores for FY 2024.<\/p>\n\n\n\n1Y Return (%)<\/th> 3Y Return (%)<\/th> 5Y Return (%)<\/th><\/tr><\/thead> -3.55%<\/td> 181.33%<\/td> 69.31%<\/td><\/tr><\/tbody><\/table> (As of 16 February 2025)<\/em><\/em><\/figcaption><\/figure>\n\n\n\n7. New India Assurance Company Ltd.<\/h3>\n\n\n\n In 1919, Sir Dorabji Tata founded New India Assurance Company Ltd., which is now India\u2019s largest nationalized general insurance company and is owned by the Government of India. The company offers products like motor, health, marine, fire insurance, etc., targeting individual and commercial customers. The company has operations in 28 countries, clearly indicating strong market leadership and global presence.<\/p>\n\n\n\n1Y Return (%)<\/th> 3Y Return (%)<\/th> 5Y Return (%)<\/th><\/tr><\/thead> -38.54%<\/td> 16.94%<\/td> 13.52%<\/td><\/tr><\/tbody><\/table> (As of 16 February 2025)<\/em><\/em><\/figcaption><\/figure>\n\n\n\n8. Star Health and Allied Insurance Company Ltd.<\/h3>\n\n\n\n Star Health and Allied Insurance Company Ltd. was established in 2006 to introduce health insurance in India. The company offers health insurance products, including individual health, family floater, and critical illness plans. Star Health has provided more than 17 crore health insurance policies to date and plans to expand its operations. The company\u2019s headquarters is in Chennai.<\/p>\n\n\n\n1Y Return (%)<\/th> 3Y Return (%)<\/th> 5Y Return (%)<\/th><\/tr><\/thead> -29.19%<\/td> -47.20%<\/td> -53.57%<\/td><\/tr><\/tbody><\/table> (As of 16 February 2025)<\/em><\/em><\/figcaption><\/figure>\n\n\n\n9. Go Digit General Insurance Ltd.<\/h3>\n\n\n\n Go Digit General Insurance Ltd. was incorporated in 2016 and is one of the fastest-growing general insurance companies in India. It has adopted a very \u2018digital-first\u2019 approach in providing a wide range of insurance products, including motor, health, travel, and home insurance. Its innovative model and user-friendly processes have helped Go Digit attract more than 40 million customers, which turned it into one promising insurance company in India.<\/p>\n\n\n\n1Y Return (%)<\/th> 3Y Return (%)<\/th> 5Y Return (%)<\/th><\/tr><\/thead> 3.79%<\/td> 3.79%<\/td> 3.79%<\/td><\/tr><\/tbody><\/table> (As of 16 February 2025)<\/em><\/em><\/figcaption><\/figure>\n\n\n\nRead Also:<\/strong> List Of Best PSU Stocks in India<\/a><\/p>\n\n\n\n