Which general insurance company entered 100th year of its operation during July 2018 and the event was celebrated in its branches across the country?
A. LIC
B. New India Assurance Company
C. IFFCO-TOKYO
D. ICICI General
Answer:B
Which general insurance company entered 100th year of its operation during July 2018 and the event was celebrated in its branches across the country?
A. LIC B. New India Assurance Company C. IFFCO-TOKYO D. ICICI General
Explanation: The New India Assurance Company, India's largest non-life insurer, entered 100th year of its operations on 23 July 2018. Founded in July 1919 by Sir Dorabji Tata of Tata Group, the company is today India’s leading public-sector-based multinational insurer operating in 28 countries around the world. It was nationalized in 1973. The New India Assurance Company is the largest general insurance company of India on the basis of gross premium collection inclusive of foreign operations.