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The Oriental Insurance Company Limited

The Oriental Insurance Company Ltd., a public sector company carrying out general insurance business, was incorporated in September, 1947. At that time, it was a wholly owned subsidiary of the Oriental Government Security Life Assurance Company Limited. In 1973, it became one of the subsidiaries of General Insurance Corporation ( GIC ) of India. It has been one of the top three players in the industry. The annual turnover is around Rs.3100 crore. The company has been generally making profits and has reserves of over Rs.1300 crores and fair value of equity of about another Rs.3500 crores.
The company has 900 offices all over the country an has 3 foreign operations. The company has around 16,000 employees