Business description: General Insurance Corporation of India

General Insurance Corporation of India is an India-based global reinsurance solutions provider. The Company's segments include Fire, Miscellaneous, Marine and Life. The Miscellaneous segment includes Motor, Aviation, Engineering, Workmen Compensation, Liability. Personal Accident, Health, Agriculture, Other Misc. and FLCredit. Marine segment includes Marine Cargo and Marine Hull. In the domestic market, it provides reinsurance to the direct general insurance companies in the Indian market. The Company has started leading the reinsurance programs of several insurance companies in SAARC countries, Southeast Asia, Middle East and Africa. It offers various property reinsurance, such as facultative, treaty, proportional treaty, non-proportional treaty. Its international aviation reinsurance includes airlines, general aviation int (other than SAARC), general aviation SAARC, treaty- proportional and treaty- nonproportional. It also underwrites agriculture/weather insurance (foreign).

Number of employees: 414

Sales by Activity: General Insurance Corporation of India

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Fire Insurance

112B 113B 115B 114B 113B

Other Miscellaneous

6.65B 6.67B 6.71B 7.31B 8.12B

Marine Cargo

11.87B 12.5B 8.35B 7.25B 6.8B

Liability

6.94B 7.33B 7.27B 6.27B 5.78B

Personal Accident (P.A)

7.37B 5.8B 4.46B 4.35B 4.92B

Marine Hull

7.77B 9.53B 5.62B 4.87B 4.51B

Aviation

9.93B 6B 3.99B 3.88B 3.87B

FL/Credit

3.09B 3.05B 2.54B 2.03B 2.4B

Workmen Compensation (W.C.)

352M 423M 366M 413M 366M

Health

43.78B 48.46B 45.83B 51.56B 74.87B

Motor

80.02B 91.69B 78.8B 65.45B 67.33B

Agriculture

87.13B 66.64B 52.55B 38.78B 32.74B

Engineering

11.07B 11.8B 13.25B 14.86B 15.51B

Life

11.29B 12.77B 15.33B 14.54B 20.73B

Geographical breakdown of sales: General Insurance Corporation of India

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

254B 248B 235B 231B 261B

Foreign

144B 145B 123B 104B 101B

Executive Committee: General Insurance Corporation of India

Manager TitleAgeSince
Chief Executive Officer - 2025-09-30
Director of Finance/CFO - 2024-04-30
Chief Investment Officer - 2021-08-02
Compliance Officer - 2021-06-30
Corporate Officer/Principal 58 -

Composition of the Board of Directors: General Insurance Corporation of India

Director TitleAgeSince
Director/Board Member 68 2025-07-29
Director/Board Member 60 2023-01-04
Director/Board Member 58 2025-07-22
Chairman - 2025-09-30
Director/Board Member 45 2023-03-23

Shareholders: General Insurance Corporation of India

NameEquities%Valuation
Government of India
82.4 %
1,445,567,615 82.4 % 6 083 M ₹
Life Insurance Corporation of India (Investment Portfolio)
9.81 %
172,105,682 9.81 % 724 M ₹
SBI Life Insurance Co. Ltd. (Investment Portfolio)
0.6568 %
11,522,130 0.6568 % 48 M ₹
Bandhan AMC Ltd.
0.5988 %
10,504,674 0.5988 % 44 M ₹
SBI Funds Management Ltd.
0.2417 %
4,240,923 0.2417 % 18 M ₹

Holdings: General Insurance Corporation of India

NameEquities%Valuation
730,695 1.17% 36 M $
589,887 2.56% 26 M $
442,000 3.91% 12 M $

Company details: General Insurance Corporation of India

General Insurance Corporation of India

Suraksha

400020, Mumbai

+91 22 2286 7000

http://www.gicre.in
address General Insurance Corporation of India(GICRE)

Group companies: General Insurance Corporation of India

NameCategory and Sector
GIC Perestrakhovanie LLC
GIC Perestrakhovanie LLC

Other Reinsurance

Change 5d. change 1-year change 3-years change Capi.($)
-0.93%-2.65%-8.91%+169.92% 6.83B
+0.47%+1.69%-12.28%+48.56% 48.27B
+1.41%+2.44%+13.78%+54.07% 6.19B
+1.15%+1.73%+78.14%+252.00% 1.56B
-4.01%+2.89%+63.28%+146.43% 1.55B
+0.17%+6.25%+1.76%+64.20% 720M
+1.29%+3.06%+21.03%+153.76% 463M
0.00%-4.31%-4.31%+21.21% 192M
+0.79%+8.24%+100.53%+348.24% 165M
Average +0.04%+1.62%+28.11%+139.82% 7.33B
Weighted average by Cap. +0.33%+1.64%-4.88%+70.34%
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