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
Stocks in news: Prime Focus, Groww, GIC RE, Wipro, NykaaIndian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Se...
17 Jun, 2026, 06.11 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
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
India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
21 Apr, 2026, 04.29 PM IST
Irdai keeps FY27 cession rate at 4%, backs GIC Re roleIrdai has maintained the mandatory 4% cession rate for FY27, directing general insurers to place this share with GIC Re. This decision aims...
18 Apr, 2026, 06.59 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 shares tumble over 5% as government offloads stake via OFSGIC Share Price: Shares of General Insurance Corporation (Re) of India dropped by 5.4% to Rs 398.60 as the government began selling its 6.7...
04 Sep, 2024, 10.02 AM IST
GIC Re's standalone net loss widens to Rs 771 cr in Jun quarterOn a consolidated basis, there was a net loss of Rs 1,039.69 crore during the reported quarter, against Rs 497.07 crore loss a year ago.
14 Aug, 2021, 12.09 AM IST
GIC Re posts Rs 1,991 cr profit in FY21The state-owned reinsurer had posted a loss of Rs 186.46 crore in 2019-20.
29 Jun, 2021, 11.10 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 shares zoom over 8% as Q4 net income nearly doublesThe company's net income stood at Rs 603.4 crore in the corresponding period of the preceding fiscal.
25 Jun, 2020, 01.11 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 profit soars in Q2 on underwriting, price gainsThe company reported combined ratio of 99.4 per cent for the first half of the year up from 99.1 per cent.
14 Nov, 2017, 09.08 AM 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