by AIP Online Bureau | Aug 4, 2022 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
The unions of PSU general insurance industry are yet to respond to the new proposal However, there are indications that the unions will reject the latest wage revision proposals from the GIPSA and would like to stick their demand for a pay parity with Life Insurance...
by AIP Online Bureau | Jul 9, 2022 | Briefs
The Joint Forum of unions and associations of employees and officers in public sector general insurance companies(JFTU) has decided to defer their strike, to push for early conclusion of the industry’s wage revision, to 15th July. In view of the fact that GIPSA...
by AIP Online Bureau | Jul 4, 2022 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
The Government has recently infused capital in these three general insurers and stands committed to provide more capital, as may be required, said an “office memorandum” signed by Mandakini Balodhi , director(Insurance), MoF. High solvency ratio makes...
by AIP Online Bureau | Jun 16, 2022 | Indian News, Non-Life, Policy
E&Y has beaten three other international consultants, Boston Consulting Group,(BCG), KPMG and AT Kearney to bag this prestigious project As per the new RPF, all the four companies are calling for only one consultant to lay down uniform process in terms of human...
by AIP Online Bureau | May 3, 2022 | Indian News, Non-Life
In a move, indicating possibilty of a future merger, the four general insurers have decided to appoint a common consultant for which GIPSA – the coordinating body for the PSU general insurers, has called for Request for Proposal (RFP) from eligible entities to...
