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The New India Assurance Co. Ltd. (NIACL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in Mumbai , [ 5 ] it is the largest nationalised general insurance company of India based on gross premium collection inclusive of foreign operations. [ 6 ]
The Foreign Agents Registration Act (FARA) (22 U.S.C. § 611 et seq.) is a United States law that imposes public disclosure obligations on persons representing foreign interests.
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The business of general insurance was nationalised through The General Insurance (Emergency) Provisions Ordinance promulgated on 13 May 1971 and thereby the business being carried on by 107 entities was consolidated and restructured into four companies namely The New India Assurance Company Limited, Bombay, United India Fire & General Insurance Company Limited, Madras, Oriental Fire & General ...
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It is a ten-member body consisting of a chairman, five full-time and four part-time members appointed by the government of India. [9] At present ( January, 2023 ), the authority is chaired by Mr. Debasish Panda [10] and its full-time members [11] are Mrs T.L.Alamelu, K.Ganesh, Pournima Gupte, Praveen Kutumbe and Sujay Banarji.
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Foreign agents may be citizens of the host country. In contemporary English, the term has a generally pejorative connotation, reinforced by its use in the US laws aimed to curb the foreign influence. [1] A covert foreign agent, also known as a secret agent of a foreign government, may in some countries be presumed to be engaging in espionage.