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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
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August 19: Insurance Board has shown flexibility on the qualification of Chief Executive Officer (CEO) of an insurance company. The board issuing a ‘Directive on Corporate Governance for Insurers 2016’ has amended qualification of the CEO.
According to the directive, CEO candidates have to possess Master’s degree in Insurance, Account, Management, Finance, Law, Math, Statistics or Engineering and have at least five years of work experience in insurance sector. Earlier, the minimum qualification for a CEO was Masters’ degree with at least 10 years of experience in the insurance sector.
According to the directive, candidates holding at least 8 years of experience in banks and financial institutions (BFIs) will also get a chance to become CEO of a insurance company. However, candidates having experience of in both BFIs and insurance company for 7 years are also eligible for the post. Similarly, Chartered Accountants who fulfil the standard of IB are also eligible for the post.
Likewise, the board has extended salary limit of the CEO. As per the new directive, a CEO can receive 25 times more salary than a low-level employee.
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include - APP/View/Articles/view.ctp, line 273
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include - APP/View/Elements/side_bar.ctp, line 60
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<p style="text-align: justify;">According to the directive, CEO candidates have to possess Master’s degree in Insurance, Account, Management, Finance, Law, Math, Statistics or Engineering and have at least five years of work experience in insurance sector. Earlier, the minimum qualification for a CEO was Masters’ degree with at least 10 years of experience in the insurance sector.</p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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<p style="text-align: justify;">According to the directive, CEO candidates have to possess Master’s degree in Insurance, Account, Management, Finance, Law, Math, Statistics or Engineering and have at least five years of work experience in insurance sector. Earlier, the minimum qualification for a CEO was Masters’ degree with at least 10 years of experience in the insurance sector.</p>
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<p style="text-align: justify;">According to the directive, CEO candidates have to possess Master’s degree in Insurance, Account, Management, Finance, Law, Math, Statistics or Engineering and have at least five years of work experience in insurance sector. Earlier, the minimum qualification for a CEO was Masters’ degree with at least 10 years of experience in the insurance sector.</p>
<p style="text-align: justify;">According to the directive, candidates holding at least 8 years of experience in banks and financial institutions (BFIs) will also get a chance to become CEO of a insurance company. However, candidates having experience of in both BFIs and insurance company for 7 years are also eligible for the post. Similarly, Chartered Accountants who fulfil the standard of IB are also eligible for the post.</p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
