________ was the first Indian Insurance Company.

Question

Question: ________ was the first Indian Insurance Company.

Options:

1.  Bombay Mutual Assurance Society Ltd.
2.  Bombay Insurance Society Ltd.
3.  Insurance Regulatory Development Authority
4.  General Insurance Corporation

Answer 1

1. Bombay Mutual Assurance Society Ltd.

Bombay Mutual Assurance Society Ltd. was the first Indian Insurance Company of India founded in 1870.

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More information from internet:

In 1870, Bombay Mutual Life Assurance Society Ltd. became the first Indian insurance company.

In India, insurance refers to the market which covers both the public and private sector institutions.