OICL meaning in Indian Ministry of Finance ?
Answer: What is Oriental Insurance Company Limited mean?
The Oriental Insurance Company Ltd. is an Indian nationalised general insurance company. It is under the ownership of Ministry of Finance, Government of India. The headquarter of the company is located in New Delhi. It has 31 regional offices and more than 1800 active branches across the country. The company also has branches in Nepal, Kuwait, and Dubai. The company had recorded a gross premium of Rs. ₹7,282.54 crores in the financial year 2013-2014. For the Financial year 2016-17, the Company procured a global premium of ₹11,100 crores. The Company offers more than 170 General Insurance products. The IRDA Registration No. of the Company is "556".
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