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Oriental Insurance to invest Rs 500 cr over 3 yrs to bolster digital capabilities

Oriental Insurance to invest Rs 500 cr over 3 yrs to bolster digital capabilities

by AIP Online Bureau | Sep 20, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

Sanjay Joshi, CMD,Oriental Insurance Company On the claim settlement side, Joshi said, “The company recently launched its end-to-end digital journey for Motor Own Damage (OD) claims, aimed at making claims processing faster, more transparent and convenient for...
Oriental Insurance puts Dubai operations under run off

Oriental Insurance puts Dubai operations under run off

by AIP Online Bureau | Aug 1, 2025 | Indian News, Non-Life, Regulation

“The OIC board has approved the decision and we have written to the Central Bank of the UAE that our Dubai office will be placed under run off operations with effective from midnight of 7th August. We will honour all our liabilities and commitments to all our...
Oriental Insurance H1 losses fall sharply to Rs41 crore from Rs3,587 crore, may turn profitable in FY23-24: RR Singh

Oriental Insurance H1 losses fall sharply to Rs41 crore from Rs3,587 crore, may turn profitable in FY23-24: RR Singh

by AIP Online Bureau | Nov 12, 2023 | Indian News, Non-Life, Policy

RR Singh, CMD, Oriental Insurance Company, admitted that the company aims to be profitable in FY 24 despite having many of the complex financial problems like lack of capital and required solvency New Delhi/Mumbai: After years of heavy losses and despite having severe...

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