The Oriental Insurance Company

The Oriental Insurance Company Limited
Company typeCentral Public Sector Undertaking
IndustryInsurance
Founded12 September 1947 (1947-09-12) in Mumbai, India
Headquarters,
Key people
Sh. R. R. Singh
(Chairman & MD)
Ms Yogita Arora
(Appointed Actuary)
Products
Revenue 15,992 crore (US$1.9 billion) (2022-23)
−3,374 crore (US$−400 million) (2022-23)
−4,968 crore (US$−590 million) (2022-23)
Total assets 35,167 crore (US$4.2 billion) (2022-23)
OwnerGovernment of India
Number of employees
8,281 (2022-23)
Websiteorientalinsurance.org.in/en/home

The Oriental Insurance Company Ltd. (OICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in New Delhi, the company has 29 regional offices and more than 1500 active branches nationwide. It also has branches in Nepal, Kuwait, and Dubai that together yielded a Gross Premium of 377.70 crore (US$45 million) during the year 2022-23. It recorded a gross premium of 15,993 crore (US$1.9 billion) in the financial year 2022–23. Also In the financial year 2024-25 It recorded a gross premium of 20,434 crore globally