General Insurance News GIC Rs part of Rs. 500-cr pool to cover imports from Russia July 23, 2022 admin 322 Views 0 Comments GIC, imports, russia Overcoming its initial concerns, national reinsurer GIC Re has contributed to the formation of an insurance pool to cover most Read more
General Insurance News GIC to turn GIFT City office into a subsidiary to handle foreign operations July 21, 2022 admin 381 Views 0 Comments city, foreign operations, GIC, gift, subsidiary General Insurance Corporation (GIC Re) plans to upscale its branch in the International Finance Centre at GIFT City, Ahmedabad into Read more
General Insurance News LIC, GIC, New India Assurance identified as D-SIIs November 6, 2020March 25, 2021 admin 405 Views 0 Comments D-SIIs, GIC, IRDAI, LIC, NEW INDIA ASSURANCE The Life Insurance Corporation of India (LIC), General Insurance Corporation of India and The New India Assurance Co have been Read more
General Insurance News GIC “retains the first right of refusal January 12, 2019 admin 877 Views 0 Comments GIC, irda IRDAI tweaked the rules that will allow foreign insurers to bid for reinsurance contracts along with GIC RE and bag Read more
General Insurance News GIC Re total income rises to Rs. 12,879.90 crore in Q2 December 13, 2018 admin 587 Views 0 Comments GIC GIC Re posted a 63.8 per cent drop in its net profit to Rs. 513.84 crore for the second quarter Read more
General Insurance News Finance Ministry to offer share on sale December 5, 2018 admin 622 Views 0 Comments Department of Investment and Public Asset Management (DIPAM), Finance ministry, GIC, New India, PSU insurance The Finance Ministry said it is planning to come out with a share-sale offer of two recently listed PSU insurance Read more
General Insurance News New India, GIC get nod for IPO, Govt may earn Rs. 10k cr September 29, 2016 Bimabazaar- Adminstrator 962 Views 0 Comments COMPANY, GIC, IPO, PSU, VAIDYAN New India Assurance and General Insurance Corporation have obtained board approval from their respective boards for listing of their shares Read more
Health Insurance article HEALTHY GROWTH OF HEALTH INSURANCE October 6, 2015 Bimabazaar- Adminstrator 1101 Views 0 Comments GIC, health insurance, healthcare, india, INSURERS, private insurance company, public insurance company Clocking a compounded annual growth rate (CAGR) of 20 per cent, India’s health insurance premium is likely to cross Read more
General Insurance News Foreign firms show interest for nuclear cover August 25, 2015 Bimabazaar- Adminstrator 843 Views 0 Comments foreign, GIC, india, nuclear insurance With the Indian nuclear insurance pool falling short by Rs.600 crore, some foreign companies have shown an interest in being Read more
General Insurance News GIC profit scales high to 20% in 2014-15 August 14, 2015 Bimabazaar- Adminstrator 829 Views 0 Comments GIC, gross premium, overseas State owned re-insurer General Insurance Corporation Re (GIC) has announced a profit of Rs.2,693 crore to 2014-15, an increase of Read more