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Govt appoints Hitesh Joshi as acting CMD of GIC Re

Govt appoints Hitesh Joshi as acting CMD of GIC Re

by AIP Online Bureau | Oct 24, 2025 | Indian News, Reinsurance

Hitesh Joshi, acting CMD, GIC Re “The competent authority has approved the entrustment of the financial and administrative powers and functions of the Chairman-cum-Managing Director (CMD), General Insurance Corporation of India (GIC-Re) to Hitesh Ramesh Chandra...
Govt throws open CMD posts of PSU general re/insurance cos and one position of LIC MD for pvt sector professionals

Govt throws open CMD posts of PSU general re/insurance cos and one position of LIC MD for pvt sector professionals

by AIP Online Bureau | Oct 10, 2025 | Eco/Invest/Demography, Indian News, Policy

The new norms now will allow eligible private sector professionals to apply for the CMD post of GIC Re, which has fallen vacant after N Ramaswamy retired on Sep 30 External Candidates applying for posts of CMDs of PSU general insurance companies should have minimum 21...
FSIB to select a new CMD for OIC on Friday

FSIB to select a new CMD for OIC on Friday

by AIP Online Bureau | Apr 30, 2025 | Indian News, Non-Life, Policy, Workplace/Employee Benefits

Government appoints Amit Misra as acting CMD of OIC for three months The five shortlisted  senior  officials who will be interviewed are-Rekha Solanki, ED, National Insurance Company, Anjana Saxena, National Insurance Company, Chandra Iyer, GM, New India...
Lavanya Mundayur takes charge as CMD of Agriculture Insurance Company

Lavanya Mundayur takes charge as CMD of Agriculture Insurance Company

by AIP Online Bureau | Dec 19, 2024 | Indian News, Non-Life, Policy

Lavanya Mundayur, CMD, Agriculture Insurance Company After clearing Mundayur‘s appointment with a bit of delay, the government will now approve the appointments of new executive directors (EDs) and will also shortlist  the names for the post CMD of Oriental Insurance...
New India turns profitable at Rs 71 crore in Q2FY25

New India turns profitable at Rs 71 crore in Q2FY25

by AIP Online Bureau | Oct 30, 2024 | Health, Indian News, Non-Life

Girija Subramanian, CMD, NIA, said, “It gives me immense satisfaction that the operating metrics have improved, with loss ratio as well as combined ratio being lower than the same period last year with profit after tax showing a 5x increase. While the premium...
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