India, March 27 -- The Government of India has issued a release:
The Oriental Insurance Company Limited (OICL) has crossed Rs.20,000 crore in Gross Premium for the FY 2025-2026. The development signifies growing trust of policyholders, intermediaries, and stakeholders in OICL in particular and public sector insurance institutions as a whole. The achievement aligns with the broader objective of the Government to promote financial inclusion (Insurance for All by 2047) and ensure wider access to risk protection mechanisms.
This growth has been driven by robust contributions from Group Personal Accident (GPA), Health, Fire, and Motor insurance portfolios. In recent years, OICL has strengthened its product suite with innovative offerings such ...