ORIENTAL INSURANCE--NEPAL : A PREVIEW
The Oriental Insurance Company Limited is operating in Nepal since 1956 as an extended arm of its parent organisation back home in India which is a public sector non-life general insurance company under the Ministry of Finance, Government of India. It started as a Branch Office operation in Kathmandu as its base. At that time, only one other Insurance Company i.e. Nepal Insurance and Transport Corporation (NITC) was underwriting general Insurance business and that was also only for Nepal Bank Ltd.