Reinsurer

Public sector reinsurer General Insurance Corporation of India (GIC Re) could be among the first general insurers to be listed on the stock exchanges with the Cabinet approving their Initial Public Offering (IPO). In an interview with M Saraswathy, Alice G Vaidyan, chairman and managing director of GIC Re talks about their plans ahead of the IPO.

Aim to maintain dominant market share in India: GIC India

The entry of foreign reinsurers does not pose any threat to our market share is the word coming in from Alice Vaidyan, CMD, GIC, India‘s largest reinsurer.

Irdai gives second-round clearances to five foreign reinsurers

Insurance regulator Irdai on Monday gave second round clearances, or R2, to five top foreign reinsurers and the local private sector ITI Reinsurer.