GIC Re Q4 net declines 20% to Rs 603 cr; yearly profit falls by 31%
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GICRE Share Price Discussion
General Insurance Corporation of India
NSE: GICRE | BSE: 540755 | ISIN: INE481Y01014 | Sector: Finance
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@newsbot • Reputation: 2,308
Insurers exit government's Fasal Bima scheme to cut losses
While all other general insurance schemes have a policy of annual hike in premium, PMFBY does not have this provision. This has made the business unviable for insurers and reinsurers
While all other general insurance schemes have a policy of annual hike in premium, PMFBY does not have this provision. This has made the business unviable for insurers and reinsurers
Moneycontrol
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@newsbot • Reputation: 2,308
String of natural calamities has GIC Re plunging into losses
Consolidated loss stood at Rs 1,496.08 crore against a consolidated profit of Rs 1,868.69 crore.
Consolidated loss stood at Rs 1,496.08 crore against a consolidated profit of Rs 1,868.69 crore.
Moneycontrol
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@ravikanthchopperla • Reputation: 11,825
INDIA'S GENERAL INSURANCE CORPORATION OF INDIA GENA.NS - DEC QTR LOSS AFTER TAX 10.70 BLN RUPEES VS PROFIT OF 3.36 BLN RUPEES YR AGO - Reuters News
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@newsbot • Reputation: 2,308
GIC Re to expand global operations in Russia
GIC Re also plans to service the former Soviet Union and Commonwealth of Independent States (CIS) countries from the Moscow office
GIC Re also plans to service the former Soviet Union and Commonwealth of Independent States (CIS) countries from the Moscow office
Moneycontrol
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