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NICL meaning in Indian Ministry of Finance ?

Answer» What is National Insurance Company Limited mean?

National Insurance Company Limited (NICL) is an Indian nationalised general insurance company. It is under the ownership of Ministry of Finance , Government of India. Its catchline is "Trusted Since 1906" in italic. The company headquartered at Kolkata was established in 1906 by Gordhandas Dutia and Jeevan Das Dutia and National Insurance company and Asian Insurance company was nationalised in 1972. Its portfolio consists of a multitude of general insurance policies, offered to a wide arena of clients encompassing different sectors of the economy. Apart from being a leading insurance provider in India, NICL also serves Nepal.

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