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GIC RE FUNDING
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.16 Jun, 2026, 07.56 AM IST- Fintech firm Ramp's valuation surges to $44 billion on AI-driven growthFintech firm Ramp secured $750 million in funding, valuing the company at $44 billion. This significant jump highlights investor confidence...04 Jun, 2026, 06.18 PM IST
- Why India’s next real estate cycle could be driven by retail investors and REITs, Sandipan Roy explainsIn an interaction with Sandipan Roy, Chief Investment Officer (CIO), at Motilal Oswal Private Wealth, he explains why India’s next real est...24 May, 2026, 05.31 PM IST
- Cabinet clears Rs 12,980 crore maritime insurance pool to cut costsIndia is launching the Bharat Maritime Insurance Pool, backed by a substantial sovereign guarantee of over ₹12,980 crore. This strategic in...19 Apr, 2026, 06.00 AM IST
- Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...17 Apr, 2026, 10.47 PM IST
- Ministries meet to put a cover on ships in war zoneIndian ministries are creating a sovereign-backed insurance plan. A $100 million Bharat Marine Pool is being formed by insurers to cover sh...11 Apr, 2026, 09.57 AM IST
- India plans ₹1,000 crore war-risk insurance fund as Hormuz crisis disrupts tradeIndia is exploring a dedicated fund to back insurers offering war-risk cover for ships. This move aims to ensure trade continuity through c...19 Mar, 2026, 06.00 AM IST
- General Insurance stake sale: Govt likely to earn Rs 4,700 crore from 6.8% divestment in GIC ReThe government is set to sell a 6.8% stake in General Insurance Corporation of India (GIC Re) through an offer-for-sale, priced at Rs 395 p...04 Sep, 2024, 12.38 PM IST
- GIC Re’s mega IPO subscribed 80% on Day 1; QIB demand strongAt Rs 11,370-crore, the IPO would be India's third biggest public offer ever.11 Oct, 2017, 05.42 PM IST
- GIC Re files DRHP to raise over Rs 7,000 croreGIC has a net worth of Rs 45,000 crore, including fair value. Valuation of the company will depend on factors such as net worth, combined r...07 Aug, 2017, 10.11 PM IST
- GIC Re eyes increasing global premiumCountry's sole reinsurer GIC Re plans to increase its global premium by operating in more geographies and increasing capacities over select...31 Dec, 2015, 09.55 PM IST
- General Insurance Corporatio Re ropes in UK's Nuclear Risk Insurers for nuclear poolNRI will provide reinsurance support of Rs 500 crore, replacing the funding that the government had planned to contribute.16 Jun, 2015, 11.05 AM IST
- GIC Re ropes in UK's Nuclear Risk Insurers for nuke poolGIC Re, India’s national reinsurer has succeeded in roping in a foreign player- Nuclear Risk Insurers to launch its Rs 1500 cr Nuclear Insu...13 Jun, 2015, 08.43 PM IST
- GIC Re plans to set up national catastrophe fundGIC Re has the expertise of managing the terrorism pool effectively and the same would be applied for supervising the proposed catastrophic...23 Nov, 2014, 11.55 AM IST
- General Insurance Corporation to offer catastrophe bondsIndian bond investors will soon get a novel product — catastrophe bonds from the state-run reinsurer, but it will be a high risk and high-r...02 May, 2014, 06.39 AM IST
- GIC planning IPO to raise funds amid strained resourcesGeneral Insurance Corp of India is deliberating an initial public offering to raise funds amid strained resources and help government meet ...30 Apr, 2012, 01.38 AM IST
- GIC Re plans calamities pool to cover Afro-Asian disastersGeneral Insurance Corporation of India (GIC Re) is planning to set up a pool to reinsure risks arising out of natural calamities in Asia an...14 Nov, 2009, 12.40 AM IST
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