New Delhi, March 27 -- The Oriental Insurance Company Limited (OICL) has crossed Rs 20,000 Crore in gross premium for the fiscal year 2026, said a statement by the Finance Ministry.
OICL attributes this growth to the growing trust of policyholders, intermediaries, and stakeholders in OICL and robust contributions from Group Personal Accident (GPA), Health, Fire and Motor insurance portfolios. It is also aligned with the government's objective of 'Insurance for All by 2047.'The Motor Segment remained a catalyst of growth as it is the largest contributor to OICL's portfolio. In this domain, private car insurance leads with more than 14.5 lakh policies and a premium of Rs 869 Cr.
It's followed by two-wheeler insurance with 15.5lakh policies ...