Oriental Insurance

In a first, PSU general insurers' market share below a third of industry

Public sector insurers saw their premium income fall by 1 percent to Rs 34,203 crore during the first five months of the current fiscal. As a result, their market share plunged to less than a third at 32.5 percent from 33.4 percent, while premium income slipped from Rs 37,100 crore to Rs 34,203 crore.

No capital infusion in public insurance companies in FY24: Govt official

The government will review the need for any capital infusion in the public insurers only next year, the official said

Oriental Ins 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.

What you should know when buying insurance for your parents

Mediclaim for senior citizens is certainly not as easily available nor is it as comprehensive (as a policy) as mediclaim for someone who has not yet crossed the age of 60, but it is still available.

Chasing small sums with Oriental Insurance: Simbhaoli Sugar

Simbhaoli Sugars has received Rs 55.15 crore as compensation in an arbitration case. In an interview to CNBC-TV18, Sanjay Tapriya, CFO, Simbhaoli Sugar talks about the details of the case.

FinMin asks PSU general insurers to lower 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.