IndiaFirst Life Insurance Company is a joint venture between Andhra Bank, Bank of Baroda and Legal & General.
Bank of Baroda, one of the largest public sector bank in the country spreading across India, is over 100 years old and has been built on financial excellence, corporate governance and huge customer base. Andhra Bank, serving the Indian customer for over 85 years, has developed best in class deposit and lending schemes for its valued customers. Legal & General, one of UK's leading financial institutions with a heritage of over 150 years, provides life assurance, pensions, investments and general insurance plans to over 5 crore customers across countries.
R M Vishakha is the MD & CEO of IndiaFirst Life Insurance Company.
Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
---|---|---|---|---|---|---|---|---|---|
Claims ratio | 72.21 | 71.87 | 82.65 | 89.83 | 92.82 | - | - | - | 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 | 1.4 | 1.1 | 1.0 | 1.0 | 0.93 | - | - | - | Yet to be published |