General Insurance Corporation of India (GIC Re) has renewed the appointment of Sateesh Bhat as Appointed Actuary (Non-Life) & Key Managerial Personnel for a period of one year, effective from January 20, 2026. Bhat brings 35 years of overall experience including 18 years in actuarial roles, with a specialization in General Insurance.
Actuary Appointment Renewal
General Insurance Corporation of India (GIC Re) has announced the reappointment of Sateesh Bhat as Appointed Actuary (Non-Life) & Key Managerial Personnel. The renewed term is effective from January 20, 2026, and extends for a period of one year.
Professional Background
Sateesh Bhat holds a B.Tech degree in Electrical and Electronics from Mahatma Gandhi University, Kerala, and is a fellow member of the Institute of Actuaries of India with specialization in General Insurance. He brings 35 years of overall experience across electrical power generation, IT and actuarial domains, including over 18 years of actuarial experience in retirements benefits and General Insurance.
Previous Roles
Prior to his current role at GIC Re, Sateesh Bhat served as Vice President, Actuarial at M/s Raheja QBE General Insurance Company Ltd, Mumbai. He brings significant expertise to his position with GIC Re, supporting the Corporation’s actuarial functions.
Source: BSE
