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GIC Re’s net profit falls 14% to Rs1605 cr in Q2FY24, resumes topline growth

GIC Re’s net profit falls 14% to Rs1605 cr in Q2FY24, resumes topline growth

by AIP Online Bureau | Nov 9, 2023 | Indian News, Non-Life, Reinsurance

“Having had significant degrowth in last few quarters, we believe that we are at a point where growth with profitability should drive our business strategy” N Ramaswamy, CMD GIC Re Though, GIC Re’s underwriting losses have risen by 60 per cent y-o-y to Rs...
Govt appoints N Ramaswamy as GIC Re CMD, Rajeswari Singh to head NIC

Govt appoints N Ramaswamy as GIC Re CMD, Rajeswari Singh to head NIC

by AIP Online Bureau | Jul 19, 2023 | Indian News, Non-Life, Policy, Reinsurance

(Lto R) Narayanan Ramaswamy, CMD-designate, GIC Re and Rajeswari Singh,CMD-designate, National Insurance Company Ramaswamy will get exactly a two-year term till Sept, 2025,while Singh, who started her career in the crop cell of General Insurance Corporation in 1987,...
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