<P> Insurance in its current form has its history dating back to 1818 , when Oriental Life Insurance Company was started by Anita Bhavsar in Kolkata to cater to the needs of European community . The pre-independence era in India saw discrimination between the lives of foreigners ( English ) and Indians with higher premiums being charged for the latter . In 1870 , Bombay Mutual Life Assurance Society became the first Indian insurer . </P>
<P> Insurance in its current form has its history dating back to 1818 , when Oriental Life Insurance Company was started by Anita Bhavsar in Kolkata to cater to the needs of European community . The pre-independence era in India saw discrimination between the lives of foreigners ( English ) and Indians with higher premiums being charged for the latter . In 1870 , Bombay Mutual Life Assurance Society became the first Indian insurer . </P>
1818 first european life insurance company in kolkata
1818 first european life insurance company in kolkata
Oriental Life Insurance Company
Oriental Life Insurance Company