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REINSURANCE MARKET COMPETITION
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- From insurance purchase to strategic risk management: A shift in Indian corporate thinkingIndian companies are increasingly integrating insurance into their broader corporate risk strategy, moving beyond a traditional, finance-ce...09 Apr, 2026, 11.29 AM IST
- Corp insurance premiums fall up to 80% this seasonCorporate insurance premiums are falling sharply this renewal season. Property and commercial lines are witnessing steep declines. Intense ...01 Apr, 2026, 12.38 AM IST
- Jio-Allianz, Fairfax-backed Valueattics Re set to shake up India’s Rs 50,000-cr reinsurance marketIndia's ₹50,000-crore reinsurance sector is set for disruption with the entry of two new domestic players—Jio-Allianz, a joint venture betw...21 Jul, 2025, 12.28 AM IST
- Prem Watsa’s Digit Insurance acquires ITI ReinsuranceThe holding company Digit Info Works will hold 100% of the reinsurance company.28 Jun, 2018, 11.42 AM IST
- Warren Buffett has set his eyes on this world-beating market in IndiaBuffett asked one of his top lieutenants, Ajit Jain, to oversee the reinsurer last year.28 Sep, 2017, 02.15 PM IST
- Listing will help GIC reach Asean markets: Alice VaidyanWe have grown over 90%, including crop reinsurance, in the first half of the fiscal. Excluding crop, we have grown at 40%, says Vaidyan19 Jan, 2017, 08.31 AM IST
- Air India's insurance cover up for renewal, premium may softenPublic sector general insurers are competing with their private sector counterparts to bag the $ 27-million Air India insurance account.31 Aug, 2015, 10.50 PM IST
- GIC Re to have a syndicate in Lloyd's marketCountry's sole reinsurer General Insurance Corporation of India (GIC Re) is all set to have a syndicate in London-based Lloyd's market.30 Jul, 2015, 11.15 PM IST
- In double bonanza for airlines, insurance cost too fallsAIG, which is the largest global aviation insurer with a 15 per cent market share, leads in providing reinsurance business to Air India and...02 Jul, 2015, 10.33 PM IST
- GIC Re says it is not threatened by competition from global players, profit up 20%Backed by better investment income, a dip in claims and lower forex losses, reinsurer GIC Re today reported a 20 per cent rise in net profi...30 May, 2015, 10.09 PM IST
- State-owned GIC Re to foray into US marketState-owned reinsurer GIC Re has decided to make a foray into the US, world's largest general insurance market.12 Feb, 2015, 09.37 PM IST
- 'Some PSUs not allowing GIC to compete for A/Cs on fair terms'On the other hand, general insurers argue that GIC Re doesn't have enough capacity to provide reinsurance cover to a large corporate on its...21 Sep, 2014, 12.27 PM IST
- Reinsurance costs in India still lowEntry of new smaller companies in place of major of companies ensures low rates.01 Apr, 2011, 05.46 AM IST
- Newcomers scramble in, give reinsurers run for premiumFirming up of reinsurance rates in India by regular players such as General Insurance Company (GIC), Munich Re and Swiss Re led to the entr...24 Apr, 2009, 04.48 AM IST
- New reinsurers in the Gulf turn up the heat on GICThe oil boom has resulted in billions of dollars flowing into reinsurance, creating new capacity in the Mid East, which will provide stiff ...20 May, 2008, 01.00 AM IST
- IRDA unveils code of conduct for brokers, insurersInsurance Regulatory and Development Authority (IRDA) has set out a code of conduct for brokers and insurers.20 Oct, 2006, 02.57 AM IST
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