General Insurance Corporation of India at the board of directors meeting held on February 10, 2020, approved the appointment of Mr. Sateesh N. Bhat as Appointed Actuary and Key Management Person of the corporation as per the Insurance Regulatory and Development Authority of India (IRDAI) Corporate Governance Guidelines 2016. The appointment is effective from 20th January 2020 for a period of one year as approved by IRDAI.