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During the first nine months of FY 2020, the company’s capital and surplus declined further to INR 76 billion (USD 1.1 billion). AM Best views Oriental’s operating performance as marginal.
Here are some of the highlights of The Oriental Insurance Policies: Network: 30 regional offices, 1800+ active branches. Network Hospitals: 4,500+ Benefits: Long term tenure, coverage for mental ...
J&K High Court rules motor insurance typically excludes gratuitous passengers, shifting compensation liability to the vehicle ...
AM Best views Oriental’s operating performance as marginal. The company’s five-year average loss ratio (FY 2015-2019) is 95%, and its combined ratio is 132%.
The company’s capital and surplus reduced by 11% in FY2019 to INR 104 billion (USD 1.5 billion) from INR 118 billion (USD 1.8 billion), increasing the company’s sensitivity to underwriting and ...