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General Insurance Corporation
GENERAL INSURANCE CORPORATION NEWS
IRDAI nod for first private reinsurance firm
March 14, 2025 10:03 pm
Currently, public sector General Insurance Corporation (GIC Re) is the only reinsurance company operating in India.
Private general insurance players’ expanding mkt share
May 08, 2023 12:30 am
The four public sector general insurers, New India Assurance (NIA), United India Insurance, Oriental Insurance and National Insurance Company, with a total premium of Rs 82,895 crore (Rs 75,132 crore in FY22) have reported a cumulative market share of 32.27 per cent, down from 34.03 per cent in FY22.
GIC Scale I officer 2021 admit card released, check how to download
August 22, 2021 2:38 pm
The GIC scale I officer exam will be conducted on August 29. GIC has released a series of instructions and a sample paper of the exam for the candidates to understand the exam pattern.
Government entities to lose big if IL&FS defaults on its debt
September 25, 2018 7:19 am
The list includes General Insurance Corporation, LIC, SBI Employees Pension Fund, Postal Life Insurance Fund, NPS Trust, Oriental Insurance Company and United India Insurance among others.
GIC’s Lloyd’s syndicate to begin operations from April
March 16, 2018 1:43 am
GIC Syndicate 1947 is the first Lloyd’s syndicate to be backed solely by capital from an Indian reinsurance group.
GIC Re gets in-principle nod for Lloyd’s syndicate
December 21, 2017 2:54 am
GIC Re has partnered with Ironshore’s Pembroke Managing Agency (Pembroke) to establish and manage the syndicate.
Shares of General Insurance Corporation fall nearly 7% in debut trade
October 25, 2017 11:47 am
The company proposes to utilise the proceeds towards augmenting the capital base.
FinMin cancels Irda order withdrawing third-party pool
March 19, 2014 1:47 am
According to a top level source in one of the affected companies the new orders could come well after the elections are over.
GIC Re set to join Lloyds market
May 28, 2013 3:53 am
India's GIC says no loss from deal with Warren Buffett's Berkshire Hathaway
March 12, 2013 8:32 pm
General Insurance Corp cancelled a deal within a short period after payment of $15 million.
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