March 19, 2026
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Insurance sector updates

Financial Stability and Insurance Board

FSIB Selects New CMDs for New India Assurance and United India: Impact on Government Exam Preparation

Daily Current Affairs04 mins

FSIB Selects New CMDs for New India Assurance and United India The Financial Stability and Development Council’s (FSDC) sub-committee Financial Stability and Insurance Board (FSIB) has appointed new chairpersons and managing directors (CMDs) for two major public sector general insurance companies – New India Assurance and United India Insurance. The decision was made to fill…

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LIC Chairman Siddhartha Mohanty news

LIC Chairman Siddhartha Mohanty Re-designated as Managing Director & CEO: Latest Updates

Daily Current Affairs05 mins

LIC Chairman Siddhartha Mohanty Re-designated as Managing Director & CEO Introduction The Life Insurance Corporation of India (LIC) has recently announced a significant organizational change. Siddhartha Mohanty, who was serving as the Chairman, has now been re-designated as the Managing Director and Chief Executive Officer (CEO). This strategic move aims to streamline LIC’s leadership structure…

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