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FSIB selects Hitesh Joshi as new CMD of GIC Re

FSIB selects Hitesh Joshi as new CMD of GIC Re

by AIP Online Bureau | Feb 24, 2026 | Indian News, Non-Life, Reinsurance

Hitesh Joshi,executive director & acting CMD, GIC Re “Keeping in view of performance of five eligible candidtes in the interface, their overall experience and extant parameters, Joshi has been recommended as the CMD of GIC Re,” said the FSIB on Tuesday...
Govt shortlists 5 candidates for selecting a new GIC Re CMD

Govt shortlists 5 candidates for selecting a new GIC Re CMD

by AIP Online Bureau | Feb 22, 2026 | Indian News, Non-Life, Reinsurance

The officials who have been shortlisted after due delligence for the Tuesday interview are — three senior most senior officials of GIC Re-Hitesh Joshi, executive director(ED) and acting CMD,Jayshree Bala, ED, V Balkrishna, general manager and two other private...
New GIC Re CMD to be selected by FSIB on Feb 24

New GIC Re CMD to be selected by FSIB on Feb 24

by AIP Online Bureau | Feb 18, 2026 | Indian News, Regulation, Reinsurance

A few names including Ashok Lahoty,appointed actuary of state owned National Insurance Company along with three senior most officials of GIC Re,Hitesh Joshi, executive director and acting CMD,Jayshree Bala,ED GIC Re and V Balkrishna, general manager along with others...
FSIB selects Hitesh Joshi as new CMD of GIC Re

GIC Re net profit falls 6% to Rs 1,519 cr in Q3,combined ratio improves to a record 105.32 %

by AIP Online Bureau | Feb 7, 2026 | Indian News, Life, Non-Life, Reinsurance

Hitesh Joshi, acting CMD, GIC Re. said,“`Our strategy is focused on leveraging our risk selection capabilities to drive profitable, high-quality growth. Going forward, the Indian general insurance (non-life) sector is expected to grow at more than 8 per cent in...
FSIB selects Hitesh Joshi as new CMD of GIC Re

Joshi gets another 3 month extension as acting GIC Re CMD

by AIP Online Bureau | Jan 7, 2026 | Briefs, Policy, Reinsurance

The government has extended the appointment of Hitesh Ramesh Chandra Joshi, executive director, GIC Re, as acting CMD of the state owned reinsurer for a further period of three months or until a regular CMD is appointed, or until further order, whichever is earliest,...
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