Mr. Tapan Singhel, Bajaj Allianz General Insurance's CEO and managing director, has been elected chairman of the General Insurance Council (GI Council). This is the first time a person from the private insurance industry has held this position.
He will take over for Mr. Anjan Dey, who is leaving his position as chairman and managing director of the state-owned Oriental Insurance Company (OIC) at the end of January 2023.
The official self-regulatory organization and representative body of the non-life insurance industry is the GI Council, which is made up of 31 insurance companies and 11 reinsurers.
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