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IMPW 2018-Alice VaidyanIMPW 2018-Alice Vaidyan
Courtesy of General Insurance
47

Alice Vaidyan

  • Title
    Chairman and Managing Director
  • Company
    General Insurance Corporation of India
  • Country
    India
  • Age
    59

Vaidyan took over India’s only reinsurer in 2016, and under her management GIC has crept—from No. 14—into the ranks of the global top ten reinsurance firms. Revenues for the $6.8 billion state-run company climbed 44% in 2017, a year in which Vaidyan also oversaw the company’s initial public offering, India’s third-largest ever. She has also pushed GIC, which operates in more than 160 countries, to expand more aggressively overseas. A 30-year veteran of the insurance industry, Vaidyan has a graduate degree in English and received training at the Harvard Business School.

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Personal Information

Country
India
Previous Rank-
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Company Financials

2017 Profits
501.6
2017 Revenues
6,765.8
Market Value as of 08/30/18 ($M)
8,204.4