The International Financial Services Centres Authority has set up a Committee of Experts on Insurance with the following terms of reference:
Identify areas for developing IFSC as a global hub for insurance and reinsurance activities along with strategic frames for making IFSC as a preferred destination for global insurers and reinsurers.
To suggest a roadmap for making IFSC as a hub for the insurance solutions for large Indian Diaspora.
To suggest regulatory design conducive to building a global insurance hub.
The Committee consists of the following :
Mr. G. N. Bajpai, (Former Chairman LIC & SEBI and Hon. Senior Advisor, IFSCA)-Chairperson
Mr. M.R. Kumar (Chairman,LIC) - Member
Mrs. T. L. Alamelu (Whole Time Member, IRDAI & Member, IFSCA) - Member
Mr. Atul Sahai (CMD, New India Assurance Co. Ltd) -Member
Mr. Devesh Srivastava (CMD, General Insurance Corporation of India) - Member
Mr. Shankar Garigiparthy (CEO & Country Manager, Lloyd’s India) - Member
