July 23, 2017 8:19 PM ET


Company Overview of The Oriental Insurance Company Limited

Company Overview

The Oriental Insurance Company Limited offers general insurance services in India and internationally. The company offers motor, personal accident, shopkeepers, householders, death/permanent, disablement, health, family floater, marine, and other insurance policies. It provides its products through bancassurance channels, agencies, brokers, and broker specialized offices, as well as online. The company was incorporated in 1947 and is headquartered in New Delhi, India. The Oriental Insurance Company Limited is a subsidiary of Oriental Government Security Life Assurance Company Ltd.

Oriental House

A-25/27, Asaf Ali Road

New Delhi,  110002


Founded in 1947


91 11 2328 7204


91 11 2328 7204

Key Executives for The Oriental Insurance Company Limited

Chairman and Managing Director
Age: 57
CFO, GM & Financial Adviser
Chief Vigilance Officer & General Manager
Company Secretary
General Manager and Whole-Time Director
Compensation as of Fiscal Year 2017.

The Oriental Insurance Company Limited Key Developments

Oriental Insurance Company Limited Appoints AV Girija Kumar as Chairman-Cum-Managing Director

AV Girija Kumar has been appointed as Chairman-cum-Managing Director in Oriental Insurance Company Limited (OICL). He was earlier working as General Manager in United India Insurance Company Limited (UIICL).

India Eyes IPOs For Five Insurers

Government of India could launch IPOs for up to five state owned insurers this year. In its budget published last week the Indian government said it would sell up to 25% stakes in state-owned General Insurance Corporation of India; The Oriental Insurance Company Limited; The New India Assurance Co. Ltd.; United India Insurance Co. Ltd. and National Insurance Company Limited; in the financial year starting in April. Bankers expect the sales, which could raise as much as $1.6 billion (£1.3 billion), to happen by the end of this year. India's cabinet approved the sales in January, and the government plans to cut their stakes in the insurers to around 75% from 100%. The Indian government is expected to appoint banking advisors within the next couple of months.

India May Name Advisors For Stake Sell in Insurance Companies

Government of India is seeking to divest unspecified stakes in The New India Assurance Co. Ltd., United India Insurance Co. Ltd., The Oriental Insurance Company Limited, National Insurance Company Limited and General Insurance Corporation of India in the financial year starting in April, 2017. Bankers expect the sales to happen by December. India's federal cabinet approved the insurance stake sales in January, and the government had said at the time that they planned to cut their stakes in the companies in one or more tranches to 75% from 100% currently. According to bankers, India is likely to within months name advisors for its planned listing of five state-run general insurers to raise as much as $1.6 billion in 2017.

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact The Oriental Insurance Company Limited, please visit www.orientalinsurance.org.in. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.