Stocks in news: IFCI, Tata Motors, General Insurance Corp, Corona Remedies, HFCLMarkets extended their winning streak for the fourth consecutive session, driven by favorable global cues and sustained sector-wide buying....
18 Jun, 2026, 06.44 AM IST
GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a s...
17 Jun, 2026, 09.39 AM IST
Retail players can skip GIC Re's OFS: AnalystsRetail investors are advised to skip the government's offer for sale in General Insurance Corp of India. Analysts point to ongoing profitab...
17 Jun, 2026, 05.34 AM IST
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...
16 Jun, 2026, 08.18 PM IST
GIC Re Q4 Results: Net profit rises 3% to Rs 2,642 croreGIC Re on Tuesday posted a 3 per cent increase in net profit to Rs 2,642 crore for the fourth quarter ended March 2024 compared to Rs 2,564...
28 May, 2024, 09.20 PM IST
GIC Re hits 20% upper circuit limit as government mulls privatisationThe finance ministry and Niti Aayog will together finalise whether the general insurer will be considered for privatisation, a senior gover...
18 Feb, 2021, 11.09 AM IST
GIC Re Q2 results: Posts net profit of Rs 230 crIts gross premium during July-September 2020 grew to Rs 10,651.50 crore, compared with Rs 9,459.21 crore in the year-ago period, GIC Re sai...
13 Nov, 2020, 10.19 PM IST
Buy GIC Reinsurance, price target Rs 270: HDFC SecuritiesThe brokerage estimates an FY22E adjusted RoE of 9.9 per cent, and values GIC RE at 0.9x Mar-22E ABV, less 5 per cent discount.
17 Mar, 2020, 11.26 AM IST
GIC Re Q4 profit declines 20% to Rs 603 croreThe insurer had registered a net profit of Rs 751.60 crore in January-March quarter of 2017-18.
23 May, 2019, 08.39 PM IST
GIC Re Q1 net up 98%Combined ratio, which reflects the profitability from core business, remained stable at 99.9 per cent.
31 Jul, 2018, 11.53 AM IST
GIC Re swings to profit of Rs 672 croreCompany’s performance is aided by better underwriting and lower claims
13 Feb, 2018, 11.44 AM 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 net profit up 10% for FY17GIC is in the process to file its papers for initial public offering.
30 May, 2017, 07.57 PM IST
GIC Re moves a step closer to IPOGIC Re is expected to divest 10% initially and subsequently raise this to 25% in three years as that is the requirement under the listing n...
30 Jun, 2016, 04.28 AM IST
- GIC Re keen on more foreign buyouts; in talks with a Lloyds co
The industry is expecting at least 10-15 global re- insurers to enter the domestic market once the new Insurance Bill is passed, directly c...
31 Aug, 2014, 12.30 PM IST
- Insurers should cut obligatory cession losses: GIC
Worried over huge losses from compulsory business, GIC, has asked non-life insurance companies to take steps to cut losses on this portion.
22 Aug, 2012, 02.50 AM IST
- GIC Re hikes cost of reinsurance cover
The era of low-property insurance rates is over. The national reinsurer General Insurance Corporation (GIC Re) has raised the cost of reins...
04 Apr, 2009, 01.57 AM IST