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PSU general insurers promote record number of officials to fill up post of GMs and DGMs

by AIP Online Bureau | Feb 28, 2025 | Indian News, Non-Life, Reinsurance

GIPSA, the coordinating agency for the six PSU companies, has completed the largest ever promotional exercises in the industry and published the results to fill up 30  post of general managers and 97 deputy general mangers(DGMs) New Delhi: After creating a...

PSU general insurance industry turns profitable with a combined profit of Rs 7558 crore in Fy 24

by AIP Online Bureau | Jul 23, 2024 | Indian News, Non-Life, Policy, Reinsurance

Ministry of Finance is yet to receive any proposals on wage revision of employees of six general insurers from the GIPSA, the coordinating agency for PSU general insurers,Pankaj Chaudhary, minister of state, Ministry of Finance said in Lok Sabha on Monday New Delhi:...

Wage negotiations for all PSU general insurers to begin soon

by AIP Online Bureau | Jun 27, 2024 | Indian News, Non-Life, Policy

GIPSA informed deputy central labour commissioner on Thursday that the performance of all PSU general insurance companies has improved and they were are awaiting DFS go ahead for calling unions for wage revision negotiation. In turn, deputy CLC advised the DFS and...

GIPSA notifies postings of 16 new GMs

by AIP Online Bureau | Apr 24, 2024 | Briefs, Non-Life, Policy

The GIPSA, the coordinating body for the six PSU general insurance companies including GIC Re and Agriculture Insurance Company(AIC) have notified all 16 appointments of newly selected general mangers,Chndra S Iyer from GIC Re has been appointed as one of general...

Six PSU general re/insurers promote 16 officials as GMs

by AIP Online Bureau | Feb 14, 2024 | Indian News, Non-Life

The government is yet to decide about the dates for holding interviews for selecting two CMDs, one for United India Insurance and another for New India Assurance and nine EDs for six companies New Delhi: Six PSU general insurers including GIC Re, who are members of...
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