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United India Insurance history
United India Insurance company history timeline
The Company was established way back in 1938 to carry out general insurance business in India.
In 1938, with a view to protecting the interest of the Insurance public, the earlier legislation was consolidated and amended by the Insurance Act, 1938 with comprehensive provisions for effective control over the activities of insurers.
In 1968, the Insurance Act was amended to regulate investments and set minimum solvency margins.
Following the recommendations of the Malhotra Committee report, in 1999, the Insurance Regulatory and Development Authority (IRDA) was constituted as an autonomous body to regulate and develop the insurance industry.
Parliament passed a bill de-linking the four subsidiaries from GIC in July, 2002.
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United India Insurance competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Med-i-Bank | 1975 | $6.4B | 4,000 | - |
| Newyork Life Insurance Co | - | - | - | 12 |
| INSTEC | 1982 | $2.0M | 5 | - |
| Farmers Mutual Hail Insurance Co of Iowa | 1893 | $350.0M | 348 | 14 |
| Essent Guaranty | 2008 | $30.1M | 350 | 44 |
| West Bend Mutual Insurance | 1894 | $1.2B | 1,150 | 25 |
| XL Global Services Inc | 1990 | $92.0M | 640 | - |
| Austin Mutual Insurance | 1923 | $2.1M | 25 | - |
| StoneRiver | 1986 | $80.0M | 600 | 1 |
United India Insurance history FAQs
Zippia gives an in-depth look into the details of United India Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about United India Insurance. The employee data is based on information from people who have self-reported their past or current employments at United India Insurance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by United India Insurance. The data presented on this page does not represent the view of United India Insurance and its employees or that of Zippia.
United India Insurance may also be known as or be related to United India Insurance, United India Insurance Co. Ltd, United India Insurance Company Limited and United India insurance company Limited.