National Insurance Company

National Insurance Company Limited
Company type	Central Public Sector Undertaking
Industry	Insurance
Founded	1906
Founder	Gordhan Das Dutia
Headquarters	Kolkata, West Bengal, India
Area served	India and Nepal
Key people	Rajeshwari Singh Muni (Chairman & MD)
Products	General insurance; Health insurance; Vehicle insurance; Marine insurance; Property insurance; Crop insurance; Aviation insurance; Fidelity bond;
Revenue	₹17,385 crore (US$2.1 billion) (2022-23)
Operating income	₹−1,887 crore (US$−230 million) (2022-23)
Net income	₹−3,865 crore (US$−460 million) (2022-23)
Total assets	₹38,896 crore (US$4.7 billion) (2022-23)
Owner	Ministry of Finance, Government of India.
Number of employees	8,630 (2022-23)
Website	nationalinsurance.nic.co.in

National Insurance Company Limited (NICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. It is headquartered at Kolkata and was established in 1906 by Gordhandas Dutia and Jeevan Das Dutia. National Insurance company and Asian Insurance company was nationalised in 1972.^[3]^[4] Its portfolio consists of a multitude of general insurance policies, offered to a wide arena of clients encompassing different sectors of the economy.^[5] Apart from being a leading insurance provider in India, NICL also serves in Nepal.^[6]

^ "Corporate Management Profile of National Insurance".
^ ^a ^b ^c ^d ^e "National Insurance Company Financial Statements" (PDF). nationalinsurance.nic.co.in. Retrieved 14 July 2023.
^ "Company Profile". NICL. Archived from the original on 11 November 2011. Retrieved 10 August 2011.
^ "The General Insurance Business (Nationalisation) Act". Legal India. Archived from the original on 11 March 2012. Retrieved 10 August 2011.
^ "Company Profile". Archived from the original on 11 November 2011. Retrieved 7 August 2019.
^ "National Insurance Company Ltd - National Insurance India, Profile Of National Insurance Company Ltd". www.iloveindia.com. Retrieved 7 August 2019.

[1] "Corporate Management Profile of National Insurance".

[BalSheet-2] "National Insurance Company Financial Statements" (PDF). nationalinsurance.nic.co.in. Retrieved 14 July 2023.

[nicl-about-3] "Company Profile". NICL. Archived from the original on 11 November 2011. Retrieved 10 August 2011.

[legal-4] "The General Insurance Business (Nationalisation) Act". Legal India. Archived from the original on 11 March 2012. Retrieved 10 August 2011.

[5] "Company Profile". Archived from the original on 11 November 2011. Retrieved 7 August 2019.

[auto-6] "National Insurance Company Ltd - National Insurance India, Profile Of National Insurance Company Ltd". www.iloveindia.com. Retrieved 7 August 2019.

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