The Indian government may soon launch a $1.5 billion reinsurance fund to support vessels navigating through war-affected West Asia.
LIC, New India Assurance and GIC Re retain their status as systemically important insurers for FY25-26, with Irdai mandating enhanced supervision and governance norms ...
IRDAI retains LIC, GIC Re, and New India Assurance as key insurers and asks firms to check compliance with dark pattern rules ...
Mumbai: General Insurance Corporation of India (GIC Re) reported a strong profit performance in the third quarter of FY26, even though its core insurance business remained under pressure. For the ...
AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of General Insurance Corporation of ...
Global reinsurers, including GIC Re, have withdrawn marine hull war cover amid rising West Asia tensions, pushing up premiums ...
New Delhi, Feb 7 (PTI) GIC Re on Saturday reported a 6 per cent drop in net profit to Rs 1,519 crore for the third quarter ended December 2025. The state-owned reinsurance company earned a net profit ...
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