Who has been appointed as the CMD of GIC Re India?

a. T. S. Vijayan

b. Mrs. Alice G Vaidyan

c. Anuj Agrawal

d. Neelesh Garg

ANSWER: Mrs. Alice G Vaidyan

Explanation:

The General Insurance Corporation of India (GIC) was incorporated on 22 November 1972 (under the Companies Act, 1956) as a private company limited.

General insurance business was nationalized by the (GOI) through the General Insurance Business (Nationalization) Act (GIBNA) of 1972.

After the process of mergers, GIC was re-organized with four fully owned subsidiary companies:

National Insurance Company Limited,

New India Assurance Company Limited,

Oriental Insurance Company Limited,

United India Insurance Company.

GIC - General Insurance Corporation of India

Established: 22 November, 1972

Headquarters: Mumbai, India

Current Head: Alice Vaidyan (Chairman & Managing Director)

Similarly,

T.S. Vijayan – Chairman (IRDA)

Anuj Agrawal – MD & CEO (Bajaj Allianz General Insurance)

Neelesh Garg – MD & CEO (Tata AIG General Insurance)