Oriental Insurance has been adjudged as "Best General Insurance Company- Public"

The Oriental Insurance Co.Ltd. has been adjudged as "Best General Insurance - Public" in the CNBC TV18 Best Bank and Financial Institution Awards presented by MCX for FY11. This is the first edition of the CNBC-TV18's India Best Bank and Financial institution Awards, presented by MCX. Given the rigorous selection process, the eminent jury and the caliber of winners, the awards will become a benchmark for excellence in the field of banking and finance in the country.



The distinction has been accorded by a distinguish panel of jurors that included the following eminent personalities:

1. Dr Rakesh Mohan, Professor in the Practice of International Economics
of Finance, School of Management, & Senior Fellow, Yale University
and also the Former Deputy Governor at the RBI,

2. Mr. A.K. Purwar, Chairman of IndiaVehture Advisors Pvt. Ltd & Former
Chairman of State Bank of India,

3. Mr. S. Narayan, Former Economic Advisor to PMO and

4. Mr. Jagdish Capoor , Former Dy. Governor of RBI & Former Chairman
of HDFC Bank and BSE.

The jury round was preceded by a robust and rigorous scoring process designed by KPMG. The KPMG team scored all banks and financial institutions on criteria like growth, profitability, capital ratios and even softer qualities like investor/customer ;eare and compiled a short list. In the second stage the short-listed companies were examined by the jurors who then vigorously debated the various nominations before coming to a unanimous conclusion on each category.

Our CMD Dr. R. K. Kaul received this award, on behalf of the Company, from the Hon'ble Union Cabinet Minister for Corporate Affairs, Shri. Veerappa Moily on 12th September 2011 at Mumbai.