Day: August 26, 2017

History of Insurance in Incredible India

Begining of Insurance in India Insurance began in India around 1800 AD. In 1818 the first life insurance company on Indian Soil started functioning. Company Name was “Oriental Life Insurance”. In 1870, the first Indian life insurance company started its business. Bombay Mutual Life Assurance Society. In 1912 the Indian Life Assurance Companies Act enacted …