Financial Performance Of Oriental Insurance Company Ltd

Abstract

Insurance is been an vital part of the Indian Financial system, after 17 years of Liberalization of Insurance Industry in India, it has taken a new trajectory as many life insurers have managed to list themselves in the Indian bourses. The Indian Insurance is growing faster since 2000, as it has been liberalized after more than 50 years, where private life insurers have entered the insurance sector with innovative practices leading to more business as it clearly needs a lot of finance that can now be mobilized through the cleaner equity capital from a longer perspective. The Oriental Insurance Company actions adds to transparency, governance, accountability after liberalization of sector and also to improve the focus towards profitability of the Indian Insurance Industry. This study attempts to measure the financial performance of oriental insurance company ltd.