The Oriental Insurance Company Ltd, established in 1947, is one of India's oldest and most reputable public sector general insurance companies. Initially founded as a subsidiary of the Oriental Government Security Life Assurance Company Ltd by the Government of India, it later became a fully government-owned entity in 1973 after the nationalization of the general insurance industry. Headquartered in New Delhi, the company has a vast network across India and operations in countries like Nepal, Kuwait, and Dubai, serving a diverse range of customers from individuals to large corporations.
The Oriental Insurance Company is known for its comprehensive portfolio of insurance products, which includes health, motor, travel, home, and business insurance, among others. It has a strong focus on catering to the insurance needs of both urban and rural populations. The company has developed specialized products tailored to meet the specific needs of various sectors, such as agriculture, small and medium enterprises (SMEs), and large industries. This adaptability has helped Oriental Insurance maintain its competitive edge in the evolving insurance landscape.
A key strength of The Oriental Insurance Company lies in its financial stability and robust risk management practices. The company has consistently maintained a strong solvency ratio, ensuring its ...
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Ministry of Finance
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