GIC Recruitment 2024 Apply online at gicofindia.com
GIC Recruitment 2024: As on Today GIC job notifications are updated here. Below are the Active and Upcoming General Insurance Corporation (GIC) vacancy details. Check the latest GIC jobs based on your qualification and apply through official website gicofindia.com
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About GIC 2024
Brief The entire general insurance business in India was nationalized by General Insurance Business (Nationalisation) Act, 1972 (GIBNA). The Government of India (GOI), through Nationalisation, took over the shares of 55 Indian insurance companies and the undertakings of 52 insurers carrying on general insurance business. General Insurance Corporation of India (GIC) was formed in pursuance of Section 9(1) of GIBNA. It was incorporated on 22 November 1972 under the Companies Act, 1956 as a private company limited by shares. GIC was formed for the purpose of superintending, controlling and carrying on the business of general insurance. As soon as GIC was formed, GOI transferred all the shares it held of the general insurance companies to GIC. Simultaneously, the nationalized undertakings were transferred to Indian insurance companies.