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New India Assurance Co Ltd, today, is a 100 % Govt owned multinational general insurance company operating in 22 countries and headquartered at Mumbai, India. Our global business crossed Rs 12,500 Cr (Rs 125 billion) . Founded by Sir Dorabji Tata in 1919, we have been market leaders in India in non-life business for more than 40 years. Our Indian business touched Rs 10,000 crores (Rs 100 billion) in 2012-13. We are the only direct insurer in India rated A-(Excellent – Stable outlook) by AM Best. We have been leading the market, apart from premium, in reserves & net worth for many years. In 2012-13, we also have recorded the highest profit in India among all general insurers. Our Indian operations, today span across all territories through 1600 offices, including more than 600 micro offices. We have 19,000 employees and around 50,000 tied agents providing insurance services to our customers. We have over 160 products catering to almost all segments of general insurance business. We have provided cover to Petrochemical, oil & energy industries, power & steel plants, aviation fleets, satellites, large projects & infrastructures, SMEs and are present in all forms of commercial sector.

The Oriental Insurance Company Ltd was incorporated at Bombay on 12th September 1947. The Company was a wholly owned subsidiary of the Oriental Government Security Life Assurance Company Ltd and was formed to carry out General Insurance business. The Company was a subsidiary of Life Insurance Corporation of India from 1956 to 1973 ( till the General Insurance Business was nationalized in the country). In 2003 all shares of our company held by the General Insurance Corporation of India has been transferred to Central Government.

We draw on our 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Our business strategy is centered on our pre-eminent global wealth management businesses and our leading universal bank in Switzerland. Together with a client-focused Investment Bank and a strong, well-diversified Global Asset Management business, we will expand our premier wealth management franchise and drive further growth across the Group. Headquartered in Zurich and Basel, Switzerland, UBS is present in all major financial centers worldwide and employs about 60,000 people around the world. It has offices in more than 50 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific.

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