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General Insurance Corporation of India (India)

Main Activities: Insurance Carriers
Full name: General Insurance Corporation of India Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

General Insurance Corporation of India Ltd. (GIC Re) is a reinsurance company in the domestic reinsurance market of India. The companywas incorporated in November 22, 1972 and was formed for the purpose of superintending, controlling and carrying on the business of general insurance which provides reinsurance to the direct general insurance companies in the in the Indian Market. The company has its registered office located in Mumbai.

Legal Address
"Suraksha",, , 170, J T Road
Mumbai; Maharashtra; Postal Code: 400020

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Website: http://www.gicofindia.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 22, 1972
Key Executives
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Director
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Director
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Chief Finance Officer & Company Secretary
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Deputy GM
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Deputy GM
Ownership Details
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82.4%
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12.24%
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1.91%
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1.48%
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1.34%
Company Performance
Financial values in the chart are available after General Insurance Corporation of India report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
16.11%
Total operating revenue
15.41%
Operating profit (EBIT)
52.46%
Net Profit (Loss) for the Period
18.07%
Total equity
22.96%
Operating Profit Margin (ROS)
3.48%
Net Profit Margin
0.19%
Return on Equity (ROE)
-0.11%

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