Asia Risk Transfer Solutions (ARTS) announced the appointment of Mr Yogesh Lohiya, former Chairman and Managing Director of General Insurance Corporation of India (GIC Re), as a member of the company's Board of Directors.
Mr Lohiya is a prominent figure in the Asia insurance industry with more than four decades of experience under his belt. He started his career with India's state-owned insurer The Oriental Insurance Co. Ltd. in 1977. There, he served in many technical departments at various capacities and subsequently assumed the role of General Manager in the company.
From 2007 to 2011, Mr Lohiya was appointed the Chairman and Managing Director of India's national reinsurer GIC Re. He also served as the Managing Director and CEO of IFFCO Tokio General Insurance Co. Ltd., one of the largest private insurance companies in India, from 2013 to 2017.