Alice G Vaidyan has been appointed as CMD of General Insurance Corporation of India (GIC Re). Vaidyan's appointment, with a tenure until July 2019, comes at a time when the market is being opened up for foreign reinsurance companies and several, including Lloyd's of London, have announced that they would open branches there. A general manager at GIC Re, Vaidyan had begun her career as a direct recruit officer at New India Assurance Corporation in 1983.

She has been with GIC Re since 2008. She has been the face of the corporation in international business for marine, aviation and oil & energy reinsurance.