by AIP Online Bureau | Nov 12, 2025 | Indian News, Non-Life, Reinsurance
`GIC Re’s broad objective is to maintain its dominance in the domestic market while strategically enhancing its global footprint for diversification and spread. Our decisions will be guided by exposure management, price adequacy and portfolio balance on an ongoing...
by AIP Online Bureau | Oct 14, 2025 | Briefs, Reinsurance
General Insurance Corporation of India (GIC Re), a leading global reinsurer, has received an affirmation of its Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (ICR) from AM Best, a globally recognized credit rating agency. AM Best has affirmed GIC...
by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ramaswamy Narayan, CMD, GIC Re, observed,“Hosting the 29 th FAIR Conference in October 2025 is a profound honour that reflects our commitment to global partnership” Momen Mukhtar, Secretary General, FAIR, said : “For sixty years, the Federation of Afro-Asian...
by AIP Online Bureau | Aug 7, 2025 | Indian News, Non-Life, Reinsurance
N Ramaswamy, CMD, GIC Re Combined Ratio improves by 2.66% to 106.94% ,underwriting losses fall 30 per cent to Rs 907.76 crore, gross investment income increases by 18.37% to Rs 3,228.51crore “In a bid to fortify our balancesheet further, we have started the...
by AIP Online Bureau | Jun 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
N Ramaswamy, CMD, GIC Re “Currently, due to the huge catastrophic risks involved, there is very limited reinsurance capacity available for hydro power plants. More often, catastrophic covers are sub-imited. With climate risks and rising frequency and...
