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General Insurance Corporation of India

#2040

Rank

$8.05B

Marketcap

IN India

Country

General Insurance Corporation of India
Leadership team

Ms. Radhika Ravishekar (Chief Investment Officer)

Mr. Hitesh Joshi (GM & Investor Relations Mang.)

Mr. Satheesh Kumar S. (Company Sec. & Chief Compliance Officer)

Products/ Services
Commercial Insurance, Health Insurance, Insurance, Property Insurance
Number of Employees
100 - 500
Headquarters
Mumbai, Maharashtra, India
Established
1972
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
GICRE.NS
Social Media
Overview
Location
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.
Key Team

Ms. Madhulika Bhaskar (GM & Director)

Mr. Balkrishna Variar (Chief Underwriting Officer)

Mr. Devesh Srivastava (Exec. Chairman, MD & CEO)

Mr. Rajesh Khadatare (Chief Marketing Officer)

Ms. Jayashree Ranade (CFO, Chief of Internal Audit, GM & Financial Advisor)

Mr. Narayanan Ramaswamy (Gen. Mang.)

Ms. Jayashri Balkrishna (Chief Risk Officer & Deputy GM)

Recognition and Awards
GIC Re has been acknowledged for its excellence in ‘Reinsurance’ practice by various organisations including Business India, The Asset Magazine, Power Magazine and Golden Peacock Award
References
General Insurance Corporation of India
Leadership team

Ms. Radhika Ravishekar (Chief Investment Officer)

Mr. Hitesh Joshi (GM & Investor Relations Mang.)

Mr. Satheesh Kumar S. (Company Sec. & Chief Compliance Officer)

Products/ Services
Commercial Insurance, Health Insurance, Insurance, Property Insurance
Number of Employees
100 - 500
Headquarters
Mumbai, Maharashtra, India
Established
1972
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
GICRE.NS
Social Media