by AIP Online Bureau | Nov 16, 2025 | Indian News, Non-Life, Policy
GIPSA in its communication to the fincial services department yesterday said,“ Unions have given their unanimous in principle agreement to the wage revision offer made to them by GIPSA management and have conveyed that they are eagerly awaiting the Gazette...
by AIP Online Bureau | Oct 1, 2025 | Indian News, Non-Life, Policy
Girija Subramanian, CMD, New India Assurance and chairperson of GIPSA GIPSA chairperson Girija Subramanian, in a meeting with unions, has confirmed that the Department of Financial Services (DFS) has moved ahead with the notification with 14 per cent wage hike GIPSA...
by AIP Online Bureau | Aug 25, 2025 | Indian News, Non-Life
The GIPSA has called for a virtual meeting of unions on Tuesday noon Earlier, the unions of of PSU general insurance industry had rejected a 12 per cent wage hike offered by the Department of Financial Services and demanded a 17 per cent hike to be on par with the...
by AIP Online Bureau | May 18, 2025 | Indian News, Policy, Reinsurance
“GIC Re’s lean organisational structure with fewer than 500 employees, compared to the thousands employed by public sector general insurance companies (PSGICs), makes uniformity under GIPSA operationally infeasible and strategically flawed,” the GIC Re...
by AIP Online Bureau | Apr 30, 2025 | Indian News, Non-Life
Unions want a 17 per cent hike to be on par with the Life Insurance Corporation(LIC) and the Indian banking industry. GIPSA management has assured the matter would be taken up again with the Department Financial Services for further consideration, according to union...
