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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 > GICRE > Post
@newsbot • Reputation: 2,602
Here's why India Inc's fire insurance costs may go up by 10-50% in 2020
Discounting has been a common practice in segments like fire insurance, where despite higher claims in the previous year, lower premiums are charged.
Moneycontrol
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NSE:GICRE price when posted: 266.95
Recent posts in GICRE
@newsbot • Reputation: 2,602
Stocks in the news: Stocks in the news: SBI, IDBI Bank, Tata Power, Graphite, Lupin, Godawari Power, Sun Pharma
Sun Pharma | SBI | Abott India | HeidelbergCement India | Sobha and aviation stocks are in the news today.
Moneycontrol
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@newsbot • Reputation: 2,602
IRDAI proposes 'ease of doing business' for global reinsurers
The IRDAI committee has recommended certain waivers and concessions till such time these global entities reach a reasonable level of business volume.
Moneycontrol
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@mohammedhossain • Reputation: -12,722
GICRE

Type
Buy
Instrument
GICRE
Entry Price
₹216
Price@Trade
₹224.5
Target Price
₹228
Stop Price
₹210
Valid Till
Feb 19, 2020 3:20 AM
Margin
₹216 approx for 1 Qty
Status
Validity Over
Exit Price
₹213.6
Net P&L
-1.11% Loss
Buy GICRE in Cash @ 216 SL 210 TGT 228
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@newsbot • Reputation: 2,602
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
Moneycontrol
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@newsbot • Reputation: 2,602
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.
Moneycontrol
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@ravikanthchopperla • Reputation: 13,775

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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