The government has also created one more post of whole-time director at the country’s sole reinsurer GIC Re. With this, all the five state-owned non-life insurers will be having two wholetime directors each.
The Central government has promoted four general managers of state-owned general insurers as whole-time directors, including at General Insurance Corporation of India (GIC Re) and Hoda at United India Insurance, K K Rao at Oriental Insurance, P Venkatramaiah of National Insurance Company and Segar Sampath Kumar at New India Assurance.
State Owned Insurance Companies are:United India Insurance Company,Agriculture Insurance Company of India,National Insurance Company,New India Assurance, and The Oriental Insurance Company
So let’s do:
1. Government promotes ___ general managers as directors at general insurers.
Source – The Hindu