India's 1st IRDAI Approved Insurance Web Aggregator
Future Generali India Life Insurance Company is a joint venture between Future Group of India and Generali Group based in Italy.
Future Group is one of India's leading business groups with interests in retail, consumer finance, insurance, real estate and the entertainment space. Pantaloon Retail is one of its flagship enterprise and the hypermarket Big Bazaar being another pioneering success story. The Generali Group is a leading player in the global insurance and financial markets. It is present in almost 68 countries across the world with a majority presence in Europe. The group's history dates back to two centuries and is a significant player in the world's insurance business. Of late there has been a significant shift to cover other financial services and enter the asset management services.
Future Generali Life Insurance Company is well poised to service the Indian consumer. The group has an established presence in the Indian minds and has a large distribution network along with its sister concerns – the consumer finance arm alone has 150 odd branches across India. They have also pioneered selling insurance through their network of malls and retail stores which give them access to a large number of customers on a daily basis.
Munish Sharda is the Managing Director and CEO of Future Generali Life Insurance Company.
| Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|---|---|---|---|---|
| Claims ratio | 83.7 | 90.26 | 89.53 | 93.11 | 95.16% | - | - | - | Yet to be published |
| Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|---|---|---|---|---|
| Market share | 0.2 | 0.2 | 0.2 | 0.3 | 0.33 | - | - | - | Yet to be published |
