Question

    How many Life Insurance Companies are in

    India?
    A 10 Correct Answer Incorrect Answer
    B 12 Correct Answer Incorrect Answer
    C 25 Correct Answer Incorrect Answer
    D 18 Correct Answer Incorrect Answer
    E 23 Correct Answer Incorrect Answer

    Solution

    In the 121st meeting of Insurance Regulatory and Development Authority of India two new entities namely Acko Life Insurance Ltd. and Credit Access Life Insurance Ltd. were granted certificate of registration to commence life insurance business,” the regulator said in a release. With these two additions, the total number of  life insurers operating in India have gone up to 25, which had remained stagnant since 2011, when the certificate of registration was last granted to a life insurer.

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