India Company Profile
National Insurance Company Limited is India’s Oldest General Insurance Company. It was incorporated in Kolkata, West Bengal on December 5, 1906 to fulfil the nationalist aspiration for Swaraj. 66 years later, after passing of General Insurance Business Nationalisation Act in 1972, it was merged along with 21 foreign and 11 Indian companies to form National insurance Company Limited, one of the four subsidiaries of the General Insurance Corporation of India, fully owned by Govt. of India. Under the provisions of this Act, the shares of existing Indian general insurance companies and undertaking of other insurers were transferred to GIC for the regulation and control of insurance business.
49+
Years Experience
On Aug 7, 2002, National insurance was delinked from its holding Company that is GIC and was formed as an independent insurance company. National Insurance has offices all over India and a foreign office in Nepal. The Company has strong presence with around 1730 offices and more than 13000 skilled employees and over 50000 Agents spread all over the nation.
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