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Puerto Rico
1964 (62 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Oriental
Company Information
Get to know Oriental
The Oriental Insurance Company Ltd. was incorporated in Mumbai on 12th September 1947 as a Government-owned non-life insurance company. It was a wholly-owned subsidiary of the Oriental Government Security Life Assurance Company Ltd. and was formed to carry out General Insurance business. From 1956 to 1973, it was a subsidiary of Life Insurance Corporation of India until the general insurance business was nationalized in 1973. Today, it is an independent entity, wholly owned by the Central Government, specializing in a wide range of non-life insurance products, including motor, health, travel, and home insurance for the Indian market.
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