by AIP Online Bureau | Sep 4, 2023 | Indian News, Non-Life, Policy, Reinsurance
The reinsurer’s CMD has communicated to the Department of Financial Services several times to keep GIC Re separate from GIPSA With about 500 employees GIC Re is making good profits. The attrition rate has increased nowadays owing to attractive pay packets...
by AIP Online Bureau | Sep 3, 2023 | Indian News, Non-Life, Workplace/Employee Benefits
RR Singh, CMD, Oriental Insurance Company GIPSA earlier had four public sector general insurance companies, New India Assurance Company, United India Insurance Company, Oriental Insurance Company and NIC but recently the government has decided to add two new members-...
by AIP Online Bureau | Aug 29, 2023 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
The move by the DFS has come at a time when GIC Re had already expressed its desire to the DFS to be treated separately from the rest of PSU general insurers in some areas particularly deciding wages and allowances of its employees New Delhi: The Department of...
by AIP Online Bureau | Apr 19, 2023 | Health, Indian News, Non-Life
Out of 16 vacancies of general mangers across five companies including GIC Re, 11 have been cornered by women candidates New Delhi: The public sector general insurance companies, for the first time, have seen a few senior women officers (deputy general managers)...
by AIP Online Bureau | Jan 4, 2023 | Indian News, Non-Life, Workplace/Employee Benefits
A section of employees of public sector general insurance companies had given a call to go on strike on January 4 against the proposed unilateral restructuring in the state-run insurers. The unions alleged that the proposed restructuring would weaken the public sector...
