Thursday, January 29, 2009

Three more health insurance policies by Oriental Insurance

Aiming to widen its focus on the health insurance business, state-owned general insurancer Oriental Insurance on Friday said it would launch a slew of health policies early next fiscal.

Company's Chairman and Managing Director M Ramadoss, said "Health segment is one of our core areas. We are planning to launch two-three long-term health policies.”

The company, he said, is also "fine-tuning" its mediclaim policies to extend enhanced benefits to customers.

Ramdoss said that the company would be filling these products with the regulator ,IRDA, by end-this fiscal and hope to start selling them from April. Oriental's health insurance business grew by 25 per cent. This year, we expect to grow by more than 35 per cent.

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