When was Triton Insurance Company Ltd established?

A. 1850

B. 1854

C. 1857

D. 1860

Answer: Option A

Solution(By Examveda Team)

Triton Insurance Company Ltd was established in 1850. The first General Insurance Company in India was Triton Insurance Company Ltd. It was set up under the control of British.

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Related Questions on Insurance

TPA stands for

A. Third Party Assignee

B. Third Payment Administrator

C. Third Payee Assignor

D. Third Party Administrator

Pick out the correct statement.

A. Personal history and family history of a proposer are equally important

B. In a non-medical proposal family history is not asked for

C. Large sum assured is not a factor to be considered in non-medical underwriting

D. Moral Hazard is not relevant in nonmedical underwriting