Oriental Assurance Corporation - Pasig City, Philippines

OAC has distinguished itself as one of the major companies in the Philippine insurance market, with total assets of more than P1 billion. The company writes all lines of non-life insurance, and even offers exclusive insurance protection packages designed for clients on a highly professional level.

When a fire broke out in one of the buildings in Manila during the 1960s, their occupants were desperately trying to save their properties, while curious spectators milled around as usual.


One man alone, dressed in his business suit, stood quietly apart from the crowd: he was assessing in his mind the cost of what the fire had damaged. In a few minutes, he had it all figured out and was ready to write a check for the damage to the owner of the building, a client of Oriental Assurance Corporation.