by AIP Online Bureau | Mar 22, 2022 | Indian News, Non-Life, Reinsurance
Madhulika Bhaskar Unlike the old practice, where normally two general managers of a PSU general insurance company, where the vacancy is occurring, are given charge as an interim arrangement till a regular CMD is appointed, this is for the first time, a general manager...
by AIP Online Bureau | Mar 2, 2022 | Indian News, Non-Life, Reinsurance
Industry sources point out that placement of the KKNNP insurance has to be completed soon as the reinsurance market has shown hardening tendency in view of Russian invasion of Ukraine that has started impacting the reinsurance rates Mumbai: With the...
by AIP Online Bureau | Feb 27, 2022 | Indian News, Non-Life, Reinsurance
According to sources in the industry, some of the general managers of GIC Re, who are being considered to hold charge at NIA are Madhulika Bhaskar and Jayshree Ranade New Delhi: The Ministry of Finance may ask a senior official of GIC Re to head New India...
by AIP Online Bureau | Feb 20, 2022 | Indian News, Non-Life, Policy
The finance ministry had proposed to give additional charge to Anjan Dey,CMD of Delhi based Oriental Insurance Company, till the appointment of a new CMD of the Mumbai-based NIA, sources said. The insurance sector regulator IRDAI has sought clarification from the...
by AIP Online Bureau | Feb 11, 2022 | Health, Indian News, Non-Life
Atul Sahai, CMD, New India Assurance Atul Sahai, the outgoing CMD of NIA, said,“ The company is focused on pursuing profitable growth and has been performing exceedingly well in recent times. But Covid-Pandemic claims worth Rs 866 crore impacted the bottom line...