General Insurance Corporation of India
‘Suraksha’, 170, J Tata Road, Churchgate Mumbai 400020
Tel: +91 22 22867592; 22867591
Mrs Alice G Vaidyan, Chairman-cum-Managing Director, GIC Re, is the first lady officer to assume the post of Chairman of the National Reinsurer. She is also the first lady CMD in the public sector Insurance industry in India (both life and non-life).
Mrs Vaidyan has over 30 years of experience in driving growth in the Indian insurance and reinsurance industry. She began her career at The New India Assurance Company Limited and has worked in various capacities across the country before moving to GIC Re as Deputy General Manager (Reinsurance) in 2008.
A post graduate in English literature and a Fellow of the Insurance Institute of India, Mrs. Vaidyan has also trained at Harvard Business School, Boston, USA. She has won several national and international awards. Mrs Vaidyan received the Woman in Insurance Award in 2014. Business Today recognized her as one of the most powerful women in Indian business in September 2016.
Mrs Vaidyan serves on the boards of International Insurance Society, USA; LIC of India, ECGC Ltd.; Indian Register of Shipping; Kenindia Assurance Company Ltd. & Health Insurance TPA Ltd. She is the non-executive chairperson of GIC Re South Africa Ltd. and GIC Housing Finance Ltd. She is also a member of the council of Asian Reinsurance Corporation.
Ranked 11th Among the top
40 global reinsurance
groups by S&P Ranking