India International Insurance (III) was incorporated in 1987 by merging the operations of four (4) state-owned Indian insurance companies operating in Singapore. III is equally owned by India’s five (5) general insurance companies namely;
General Insurance Corporation of IndiaThe New India Assurance Co. LtdThe Oriental Insurance Co. LtdNational Insurance Co. LtdUnited India Insurance Co. Ltd
Since its establishment, III has grown steadily over the years with its core expertise in underwriting of Property, Engineering, Marine (Hull and Cargo), Motor and other Liability classes of general insurance. III continues to be rated by Standard & Poor’s (S&P) as A-. These ratings reflect III consistently strong underwriting performance and capital position.