News WrapGet Handpicked Stories from our editors directly to your mailbox

Oriental Insurance

Centre to infuse Rs 12,000 crore in state general insurance firms

The Budget had provisioned Rs 70,000 crore for PSB recapitalisation and last week a Rs 55,250-crore infusion was announced in several PSBs for regulatory and growth requirements.

Sep 06, 2019, 14:39 PM IST

MTS planning Rs 1 lakh accidental insurance for new customers

 Sistema Shyam Teleservices, which operates under MTS brand, is in final stage of discussion with Oriental Insurance company to provide Rs 1 lakh accidental insurance cover to its new data subscribers.

Oct 18, 2015, 13:41 PM IST

PSU general insurers on promotion spree, elevates 21 DGMs to GMs

In their bid to take on rising competition, public sector general insurers have unveiled a succession planning by promoting their young officials to the post of general managers.

Aug 09, 2015, 13:52 PM IST

CCI imposes Rs 671 crore fine on four state-run insurers

Competition Commission has imposed a penalty of Rs 251.07 crore on New India Assurance, Rs 162.8 crore on National Insurance, Rs 156.62 crore on United India Insurance and Rs 100.56 crore on Oriental Insurance, respectively.

Jul 16, 2015, 20:11 PM IST

The significance of Health Insurance for your Life

You never know when you or your family member will have an accident or get sick. Having good health insurance provides you with an affordable way to get medical care when you need it.

Mar 30, 2015, 18:28 PM IST

Oriental Insurance Company celebrates 67th Foundation Day

Oriental Insurance Company is celebrating 67th years of excellence on Saturday. It was first established on 12th September 1947.

Sep 13, 2014, 13:49 PM IST

Oriental Insurance to pay Rs 60K for partial payment of claim

Oriental Insurance Co Ltd has been directed by a consumer forum here to pay Rs 60,000 to a policy holder for not fully reimbursing the expenses incurred on his treatment for dengue on the ground of pre-existing disease.

Oct 02, 2012, 12:36 PM IST

Insurance employees seeks merger of four PSU firms

A section of insurance employees has demanded that four PSU general insurers -- National Insurance, Oriental Insurance, New India Assurance and United India Insurance -- be merged into one to bring down costs.

Jun 16, 2012, 15:19 PM IST

Finmin asks PSU general insurers to bring down expense ratio

The Finance Ministry has asked public sector general insurance companies to bring down their expense ratio and prune management expenses to improve profit.

Sep 25, 2011, 14:16 PM IST