10-rankRanked 11th Among the top
40 global reinsurance
groups by S&P Global Ratings

Page last updated on: 14/10/2020
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Balaji Thiagarajan

Deputy General Manager
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Mr Balaji Thiagarajan is a Direct Recruit officer of 1989 batch. He has done post-graduation in Agricultural Sciences majoring in Agricultural Statistics and is a Fellow member of Insurance Institute of India.

Mr Balaji worked in United India Insurance Company for eleven years before his services were transferred to GIC Re in year 2000. A major part of his tenure with United India was in Rural Insurance in the company’s Head Office at Chennai, where he was involved in product design for Plantation/ Horticulture/Floriculture Insurance. He has also worked in Divisional Offices of the company in various departments including Motor Third Party claims, Fire/Marine/Miscellaneous claims, apart from Personnel, Accounts and Administration.

Mr Balaji has been with GIC Re for the last 18 years, starting with 4 years in GIC Crop Insurance Cell, implementing Government-sponsored National Agricultural Insurance Scheme. Thereafter, he has been associated with Reinsurance in GIC Re for the last 13 years, working in various roles including Property Reinsurance underwriting and claims, Terrorism Risk Insurance Pool, Agricultural Reinsurance, Life Reinsurance, Retakaful and most recently, Technical Support Unit for Crop Insurance in Delhi. Mr Balaji was posted to GIC Re’s London branch for 4 years from 2014 to 2017, where he handled Treaty Underwriting and served as Director of GIC Re Corporate Member Limited in Lloyd’s of London.

Mr Balaji is passionate about teaching/training and has been a guest faculty at premier Institutes. He has been a speaker in an international seminar on catastrophe pools.

A firm believer in “variety being the spice of life”, Mr Balaji is delighted that his career in insurance and reinsurance has given him just that. He is a die-hard Wodehouse and R K Narayan fan, and loves to be at heart a true Hyderabadi, where he hails from.


Ranked 11th Among the top
40 global reinsurance
groups by S&P Ranking