Last Updated: 2026

General Insurance Corporation of India

Rank#2462

Market Cap7.44B

CountryIndia

Summary

General Insurance Corporation of India provides reinsurance services in India and internationally. It offers property, energy, marine, engineering, liability, spares, health, agriculture/weather, motor and workmen compensation, aviation, life, offshore energy, and miscellaneous products. The company was incorporated in 1972 and is headquartered in Mumbai, India.

History

General Insurance Corporation of India was formed by the General Insurance Corporation Act 1972. Since then, it has become the country’s most trusted reinsurer, providing a range of services required for reinsurance of domestic and foreign risks. GIC Re’s operations have been extended globally, with offices in Singapore, London, Moscow, Dubai and the US. The company is also the first Indian reinsurer to get the ISO certification for the quality of service.

Mission

Our mission is to be the first choice by delivering relevant and accessible insurance solutions First choice: Logical and natural action that acknowledges the best offer in the market based on clear advantages and benefits. Delivering: We ensure achievement striving for the highest performance. Relevant: Anticipating or fulfilling a real life need or opportunity, tailored to local and personal needs and habits, perceived as valuable. Accessible: Simple, first of all, and easy to find, to understand and to use; always available, at a competitive value for money. Insurance solutions: We aim at offering and tailoring a bright combination of protection, advice and service.

Vision

To be the leader in global reinsurance and risk management solutions.

References

https://en.wikipedia.org/wiki/General_Insurance_Corporation_of_India

https://in.investing.com/equities/general-insurance-corporation-of-in

https://finance.yahoo.com/quote/GICRE.NS/profile?p=GICRE.NS

https://www.comparably.com/companies/generali/mission

https://www.crunchbase.com/organization/general-insurance-corporation-of-india

https://companiesmarketcap.com/

https://www.gicofindia.com/en

Leadership team

Ms. Radhika Ravishekar (Chief Investment Officer)