10-rankRanked 10th Among the top
40 global reinsurance
groups by S&P Global Ratings

Page last updated on: 11/06/2019
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Mrs Alice G Vaidyan

Mrs Alice G Vaidyan

Mrs. Alice G Vaidyan

Chairman-cum-Managing Director
General Insurance Corporation of India
‘Suraksha’, 170, J Tata Road, Churchgate Mumbai 400020
Tel: +91 22 22867592; 22867591
Fax: 22884010
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


Ms Vaidyan holds post graduate degree in English literature and has trained at Harvard Business School, Boston, USA. Ms. Vaidyan is a Fellow of the Insurance Institute of India.

Ms Vaidyan is the first lady officer to assume the post of Chairman-cum-Managing Director of our Corporation and the first lady chairman-cum-managing director in the public-sector insurance industry (non-life) under Ministry of Finance in India.

She has over 30 years of experience in the Indian insurance and reinsurance industry.

She has won several national and international awards. Ms Vaidyan is the only Indian in Fortune’s Global list (2018) of 50 Most Powerful Women in Business. Freedom (or Freedom Honoris Causa) of the City of London is the greatest honour that is in the power of the City of London to bestow. In April 2019, Mrs Vaidyan was honoured with the Freedom of City of London in recognition of her work to promote insurance ties between India and UK. She has recently been presented with the CEO of The Year award by ET Prime at the Economic Times Prime Women Leadership Awards for 2019. Business Today recognized her as one of the 30 most powerful women in Indian business in 2016, 2017 and 2018. FORTUNE India announced Ms. Alice G Vaidyan, as the 4th most powerful women in Business in their October issue on "Most Powerful Women in Business”. ASSOCHAM presented Mrs Vaidyan, the Leadership Excellence Award in February 2019. She was also awarded the prestigious Finance Woman of the Year Award instituted by Dhanam Business Magazine in February 2018.

Ms Vaidyan in on the Boards of Life Insurance Corporation of India, ECGC Limited, Kenindia Assurance Co. Ltd., Indian Register of Shipping, GIC Housing Finance Ltd., and others. She is also a member of the Council of Asian Reinsurance Corporation, Bangkok and International Insurance Society, USA.


Ranked 10th Among the top
40 global reinsurance
groups by S&P Ranking