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PSU general insurers employees go on strike to protest proposed privatisation

PSU general insurers employees go on strike to protest proposed privatisation
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PSU general insurers' employees observe strike to protest proposed privatisation

PSU general insurers' employees observe strike to protest proposed privatisation
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Rs 10 lakh to kin of govt general insurance employees dying of Covid

Rs 10 lakh to kin of govt general insurance employees dying of Covid
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Fresh recruitment or merger of offices needed for PSU non-life insurers

With the merger of the three public sector non-life insurers shelved and with large scale retirements to happen, it is time for fresh hiring by them, said senior industry officials.If recruitment is not possible, then the other option is to .

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Welcome To IANS Live - BUSINESS - Ahead of privatisation, govt non-life insurers see employee attrition


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Chennai, June 5 (IANS) The government-owned non-life insurers are witnessing the exit of a sizeable number of their employees owing to retirement as well as voluntary retirement due to a combination of factors – personal as well as the possibility of privatisation, said a top leader of General Insurance Employees All India Association (GIEAIA).
 
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Ahead of privatisation, govt non-life insurers see employee attrition


Ahead of privatisation, govt non-life insurers see employee attrition
​ Sat, Jun 5 2021 18:21 IST
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Life insurance.. Image Source: IANS News
Chennai, June 5 : The government-owned non-life insurers are witnessing the exit of a sizeable number of their employees owing to retirement as well as voluntary retirement due to a combination of factors - personal as well as the possibility of privatisation, said a top leader of General Insurance Employees All India Association (GIEAIA).
The government is planning to sell off about 50 per cent stake in one of the three non-life insurers viz National Insurance, United India and Oriental Insurance Company Ltd.
As per the information, at least one person in each region in the three companies is opting for voluntary retirement. While some are quitting for personal and family reasons, some others are also quitting as there is uncertainty since the government is planning to privatise one of the three companies, K. Govindan, General Secretary, GIEAIA, told IANS.

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Exodus of employees in non-life insurers as govt plans sell-off

The government is planning to sell off about 50 per cent stake in one of the three non-life insurers viz National Insurance, United India and Oriental Insurance Company Ltd.

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Kanpur Coronavirus Cases Covid 19 Pandemic In Up News, Cashless Health Insurers - हेल्थ इंश्योरेंस: कैश वालों को तवज्जो, कैशलेस को नमस्ते, मनमानी पर उतारू निजी कोविड अस्पताल

Kanpur Coronavirus Cases Covid 19 Pandemic In Up News, Cashless Health Insurers - हेल्थ इंश्योरेंस: कैश वालों को तवज्जो, कैशलेस को नमस्ते, मनमानी पर उतारू निजी कोविड अस्पताल
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