Finance Minister Reviews The Various Issues Related To The Life And Non-Life Insurance Sector; Advises The Public Sector General Insurance Companies To Ensure That No Further Market Share Is Lost And The Current Level Of 53% Is Maintained And Steadily

Information Type: Legislative Information
Subject: Financial Law
News Title: Finance Minister Reviews The Various Issues Related To The Life And Non-Life Insurance Sector; Advises The Public Sector General Insurance Companies To Ensure That No Further Market Share Is Lost And The Current Level Of 53% Is Maintained And Steadily
News Date: 2014-05-12
News Laws: Finance Minister Reviews The Various Issues Related To The Life And Non-Life Insurance Sector
News State: Central
Case Note / Description :

The Union Finance Minister Shri P. Chidambaram today reviewed the various issues related to the life and non-life insurance sector. The Finance Minister reviewed the performance of the public sector insurance companies with a view to take stock of key performance indicators and the status of initiatives taken-up in the recent past, and identify the road map for continued rapid growth of the industry in the future. Along with the Finance Minister, Shri Chidambaram, those present include Shri Namo Narain Meena, Minister of State For Finance, Shri G.S.Sandhu, Secretary, Financial Services(FS) Shri T.S. Vijayan, Chairman, IRDA, Hyderabad, Shri S.K. Roy, Chairman, LIC of India, Shri A.K. Roy, CMD, General Insurance Corporation of India, Mumbai, Shri S. Sarker, MD, LIC of India, Shri G. Srinivasan, Chairman, GIPSA and CMD, NIACL, Mumbai, Shri Milind Kharat, CMD, UIICL, Chennai,Shri. A.K. Saxena, CMD, OICL, Delhi, Shri. P.J.Joseph, CMD, AICIL, Delhi and Shri Girija Kumar, Officiating CMD, NICL, Kolkata among others. 

 

 
 
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