Life Insurance Corporation of India
Churchgate and Marine Lines
Life insurer
LIC was formed in 1956 when the Government nationalised 245 private life insurers, and its central office is Yogakshema on Jeevan Bima Marg at Nariman Point.
Churchgate and Marine Lines in the city
Mumbai is India's financial capital in a literal sense: the central bank, the market regulator, both national stock exchanges, the largest banks and insurers and most of the asset management industry all sit within a few kilometres of each other, between Dalal Street, Nariman Point and Bandra Kurla Complex.
Named companies
Named companies at Churchgate and Marine Lines, Mumbai
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3companies
General Insurance Corporation of India
Churchgate and Marine Lines
Reinsurer
GIC Re, formed in 1972 when general insurance was nationalised, is India’s national reinsurer and one of the largest reinsurers in the world by premium; its head office is Suraksha on Veer Nariman Road at Churchgate.
HDFC Asset Management Company
Lower Parel
Asset management company
HDFC AMC, listed on the exchanges since 2018, is one of the three largest fund houses in India; its head office is HDFC House on H.
What happens here
Stock Exchanges at Churchgate and Marine LinesBroking and Wealth Management at Churchgate and Marine LinesMutual Funds and Asset Management at Churchgate and Marine LinesInsurance at Churchgate and Marine LinesInvestment Banking at Churchgate and Marine LinesNon-Banking Finance at Churchgate and Marine LinesCommodity and Currency Markets at Churchgate and Marine LinesFinancial Regulation at Churchgate and Marine LinesFintech and Payments at Churchgate and Marine LinesCredit Rating and Research at Churchgate and Marine LinesCorporate Head Offices at Churchgate and Marine Lines
Other financial districts
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