Oriental Insurance celebrates the company’s 75th Foundation Day
To mark its 75th foundation year, Oriental Insurance Company celebrated the occasion by carrying out Covid test and vaccination drive, Read more
Oriental Insurance
Risk Management Conclave and Business Fest CRESCENDO 2020 held by Christ University
The Department of Professional Studies CHRIST (Deemed to be University) conducted a Risk Management Conclave and Business Fest CRESCENDO 2020 Read more
Oriental Insurance comes under IRDAI watch for hiding commissions
The Oriental Insurance Company has been pulled up by the regulator for hiding commissions in 2016-17. The regulator in its Read more
Govt starts process to merge 3 PSU general insurers
The government has held preliminary meetings to set in motion the proposed merger process of three state-owned general insurers, sources Read more
Insurance Ombudsman directs Oriental Insurance to pay burglary claim
DELHI OMBUDSMAN CENTRE Case No.GI/13/OIC/12 In the matter of Sh. A. B. Handa Vs Oriental Insurance Company Ltd. AWARD DATED Read more
PSU General Insurers on Promotion Spree, Elevate 21 DGMs to GMs
Public sector general insurers have promoted their 21 young officials to the posts of General Manager. General Manager is Read more
Insurers gear up to address Uttarakhand flood claims
Uttarakhand floods that have claimed over 100 lives in the last few days has also got insurance companies preparing for the claim settlement process. Both life and general insurance companies have said that their respective claims team have started gearing up to handle claims and process them in a quicker manner.
Read moreState insurers latch on to investment income
There’s something about investment return as far as state general insurers are concerned. With gains round the corner, this looks to be their best possible bet to make up for their underwriting losses. And less discounting of premiums and offloading high-risk portfolios mean there’s a double sweetener on the hands. Read more
Mediclaim Insurance plans to cost 30% more
Get ready to pay more for your health insurance. All four public sector insurers — United India Insurance, Oriental Insurance, New India Assurance and National Insurance Company — have got the green signal from the Insurance Regulatory and Development Authority (IRDA) to hike premiums on retail health plans. The state-owned insurers are in the process of filing redesigned products in terms of price and features. Read more
PSU general insurers mull expansion abroad
To tap the Indian diaspora, public sector general insurers are considering expanding their operations to other countries in the next financial year. Given the large number of Indians and Indian businesses in South-east Asia, West Asia and Africa, these regions are emerging as preferred destinations. Read more
