history of insurance

Even in today's modern fight damage and apdano know what safety is that of ancient times human pravritti found in escape from apdon like fire and had to he koshishebadh and each type of sacrifices for your safety also lived although ready insuranceprocessing that has been in the past few years, avdharnaAfter a time, especially inuddhogikran. A few centuries ago ... But even though it had only 6,000 years ago the split seedling.

Life insurance with its modern form came to India from England in 1818. India's first life insurance company in Calcutta by the europeans whose name was orientanla life insurance kampaniyon insurance that all installation at that time. europe needs to the community was the requirement for and kampaniya of people of Indian origin was not, But after a while Babu muttilal seal as well as great individuals that foreign life insurance kampaniyon the Indians also began processing insurance. but it holds kampaniyan with the Indians was the low level of demand, such as heavier and more primiyam. India's first life insurance company of the niv in 1870 Bombay mutual life insurance society as laidInsurance the same rates on the Indians, who began. The introduction of these companies completely indigenous spirit of patriotism huyi. These companies protect various sections of society and were gone in front of message processing. India insurance company (1896) also had a similar company affected by the nationality .1905-1907 indigenous movement has turned to several insurance kampaniyon badhva yunaited Madras in India Kolkata. National are also utilised and national insurance in Lahore in 1906 under-apretivh insurance was founded. Ravinder Nath Tagore a great poet in Kolkata, home to a small room hastened jorasankhya-apretivh insurance company was born in 1907. In those days there were few similar companies to set up in-the markantail are also utilised, general insurance and domestic life (which was later known as Bombay life).1912 in India before the insurance business did not make any law for. Life insurance company act in 1912 and passed the resulting artworks, providend phand act insurance companies for their premium rate tables and periodically undergo certified from recognized official vailyueshans necessary. This section has many levels of foreign and Indian companies to distinguish-filled expressions, That was damaging for Indian companies. In the first two decades of the 20th century insurance business grew quickly. 44 companies where 22, 24 crore business, there is an increasing number of companies fall 1938-come be able to 176, with total trade was 298 crore. Fastest growing insurance companies seeing the industry even had some weak companies financially, whose plans have failed miserably at a later time.

The Insurance Act 1938 was the first of the Qaida India, who in addition to life insurance all insurance companies tightened control of the State Government on the industry implemented. long life insurance industry was seeking to provide the nationalversion, but it shows up in 1944 when latvia in 1938 lejis speed Assembly in front of the life insurance act was proposed to modify the Bill. Nonetheless, after a lot of time inIndia life insurance companies in national processing 18 January 1956. Nationalprocessing in India at the time of 154 foreign life insurance companies, 16 companiesand multinationals were employed providend.

These companies were the primary national processing in two cases these companies have to take administrative adhikari, later owned by these companies under a comprehensive Bill also took in his Government were repatriated. June 19, 1956 the Indian Constitution life insurance Corporation Act passed. September 1 in 1956 life insurance corporation of India was formed, whose aim was to diffuse the massive life insurance, especially in the village, so that every citizen of India sufficient funding can be found available at reasonable rates. L. Has occurred. C 5 zonal officer, 33 divisional officer and 212 branch officer, also make corporate office. Life insurance are long-term contract policy under all sorts of services are provided, in later years felt the need that expanded its strategy and go to every district in the HQ Branch Office created. L. Has occurred. C complete ghatan and massive new branch office opened. A result of purnaghtan's services have been transferred to these branches and all branches to become accounting department, That corporation's and improved performance in many-many times. so viewed the lalbagh in 1957 from 200 crores of business corporation, 1969-70 until your business has reached 1000 crores in just the next ten years l. Has occurred. C has catapulted up the business 2000 crores. When purnaghtan again at the beginning of the ' 80s, the new policies as a result of the 1985-86 came to be above 7,000 crore business.

Today l. Has occurred. C yutrikrit a fully functioning company 2048 Branch Office, 100divhijnal aphison and a zonal Office, 7 is from the corporate office. l. Has occurred. Thedivisional aphison wide area network of 100 c