City
Epaper
AllNewsPhotos

Oriental Insurance Company

Oriental-insurance-company, Latest Marathi News

Read more

The Oriental Insurance Company Ltd. is a public sector general insurance company of India. The headquarter of the company is located in New Delhi. It has 31 regional offices and more than 1800 active branches across the country. The company also has branches in Nepal, Kuwait, and Dubai. The company had recorded a gross premium of Rs. 7282.54 crores in the financial year 2013-2014. For the Financial year 2016-17, the Company procured a global premium of Rs. 11,100 crores. The Company offers more than 170 General Insurance products. The IRDA Registration No. of the Company is "556".Performance in last fiscal 2017-18↵The profits generated by sale of investments increasedby Rs. 851.73 crores and the management expensesdecreased by Rs. 128.25 crores. This coupled withunderwriting losses resulted in profit before taxof Rs 1382.28 crores during the year under reviewcompared to loss before tax of Rs. 1987.43 croresduring the previous year, after taking into accountboth operating profit and investment income. Theprofit after tax was Rs. 1509.89 crores during theyear under review as compared to loss after tax ofRs. 1691.10 crores during the previous year.Solvency Margin:

International : BSE listed company Milestone Furniture announces sudden disappearance of CA

Business : HDFC Life simplifies claim submission process for families of Balasore train accident victims

National : Light Motor Vehicle licencee can drive transport vehicle: Himachal Pradesh High Court

National : LMV licence enables one to drive transport vehicle too: Himachal HC

Business : TVS Motor Company achieves record revenue and profit during FY 2022-23; Revenue of Rs 26,378 Crs and PBT of Rs 2,003 Crs

Business : Cabinet okays Rs 12,450 cr recap of 3 PSU general insurance cos

कारोबार : Sitharaman gives a miss to rejigging government insurers

: PSU general insurers are hopeful of capital infusion by Centre