National Insurance Company
| Company type | Central Public Sector Undertaking |
|---|---|
| Industry | Insurance |
| Founded | 1906 |
| Founder | Gordhan Das Dutia |
| Headquarters | , India |
Area served | India and Nepal |
Key people | Rajeshwari Singh Muni (Chairman & MD) |
| Products | |
| Revenue | ₹17,385 crore (US$2.1 billion) (2022-23) |
| ₹−1,887 crore (US$−220 million) (2022-23) | |
| ₹−3,865 crore (US$−460 million) (2022-23) | |
| Total assets | ₹38,896 crore (US$4.6 billion) (2022-23) |
| Owner | Ministry of Finance, Government of India. |
Number of employees | 7,612 (2023-24) |
| Website | nationalinsurance |
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. Its portfolio consists of a multitude of general insurance policies, offered to a wide arena of clients encompassing different sectors of the economy. Apart from being a leading insurance provider in India, NICL also serves in Nepal.