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View Full Version : New India Assurance chairman M Ramadoss suspended



IndiaInsurance
17th August 2011, 06:09 AM
The government has suspended New India Assurance chairman M Ramadoss for alleged violations in issuing insurance cover to an airline during his stint as head of another state-run insurer. The Central Bureau of Investigation (CBI) is examining Ramadoss' role in irregularities in granting credit insurance cover to Paramount Airways when he was chairman and managing director of general insurance firm Oriental Insurance.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/new-india-assurance-chairman-m-ramadoss-suspended/articleshow/9629780.cms)