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AK ROY
GIC Re loses $1.1 million to online fraudstersThe fraudsters had managed to create an entire correspondence of mails to mislead the Dubai office into transferring the money to a US Bank.28 Sep, 2015, 08.40 PM IST- GIC Re eyes Rs 100-crore premium from nuclear pool this fiscalThe sole national reinsurer GIC Re is hopeful of collecting Rs 100 crore premium from the recently launched nuclear insurance pool this fin...29 Jul, 2015, 07.16 PM IST
- General Insurance Corporation Re eyes licence, drops bid to buy Lloyd's of London MemberGIC Re has abandoned its quest to buy a Lloyd’s of London syndicate member and decided to apply for membership of the syndicate instead.16 Jun, 2015, 10.57 AM IST
- Nuclear power: Foreign insurers may soften stand on operator's liability in IndiaIndian laws limit a nuclear plant operators liability at Rs 1500 crore. This cover is usually provided by insurance companies.01 Jun, 2015, 11.32 AM IST
- Quake-hit Nepal's largest re-insurer GIC Re stares at Rs 1,000 crore claim payoutsGIC Re has sent a team of its surveyors to Nepal at the request of non-life insurers there to help them assess the damage.28 Apr, 2015, 03.49 PM IST
- General Insurance Corporation Re set to reel under loss in Nepal over earthquake claimsClaims will come from home insurance policy that provides cover for any damage to the property and contents due to natural or man-made cala...27 Apr, 2015, 04.10 AM IST
- Last chance for Sahara to negotiate deal for Subrata Roy's release: Supreme CourtRoy was jailed on March 4, 2014, over Sahara’s failure to pay about Rs 20,000 crore to Sebi as per an August 31, 2012 order.14 Mar, 2015, 04.50 AM IST
- Supreme Court says no to Subrata Roy’s New Year break pleaThe bench also hinted that it may lift a freeze on bank accounts and assets to permit the group to recommence businesses.18 Dec, 2014, 05.03 AM IST
- SC asks NCT government to make arrangement for Subrata Roy to meet buyers of his properties in TiharSahara has offered to pay for the services but the court first wants to check with the Delhi home department, which runs Tihar, whether the...26 Jul, 2014, 01.41 AM IST
- SC rejects Subrata Roy's parole plea; may allow him to leave jail for 6 hrs/day for asset salesA three-judge bench allowed the Sahara chief Subrata Roy to leave jail for a few hours every day to negotiate sale of assets at home and ab...23 Jul, 2014, 01.20 AM IST
- General Insurance Corporation sees double-digit growth in FY14The company, which is likely to see around Rs 75 crore of claim arising from the missing Malaysian flight, also sees reinsurance rates to r...16 Mar, 2014, 11.50 AM IST
- Insurance cover against terror attacks likely to become cheaper soonInsurance cover against terror attacks is set to get cheaper from April 1 following a decline in the number of incidents, a development tha...17 Feb, 2014, 02.30 AM IST
- Trinamool Congress urges President Pranab Mukherjee to remove AK Ganguly if he does not quitTrinamool Congress upped pressure on former SC judge Ganguly saying he should resign from the post of WBHRC chief or else President should ...16 Dec, 2013, 06.32 PM IST
- GIC Re to issue catastrophe bonds in international market“We have got board approval to raise funds through Cat bonds. Now, we are in the process of hiring a consultant,” said AK Roy, chairman, GI...02 Oct, 2013, 04.57 AM IST
- Good time to buy into blue-chip stocks: A K Roy, GIC ReIndia's largest re-insurer says it could invest well about Rs 2,000 crore in the stock market this year.07 Aug, 2013, 12.11 PM IST
- Insurers should cut obligatory cession losses: GICWorried over huge losses from compulsory business, GIC, has asked non-life insurance companies to take steps to cut losses on this portion.22 Aug, 2012, 02.50 AM IST
- Government moves to fill up MD's position at Life Insurance CorporationSenior executives such as Sushobhan Sarkar, AK Sahoo, DD Singh, RR Dash and SK Roy have been interviewed for the position.07 Dec, 2011, 03.36 AM IST
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