Company General Insurance Corporation of India

GICRE

INE481Y01014

Reinsurance

Delayed NSE India S.E. Other stock markets 12:05:08 18/05/2026 BST			5-day change	1st Jan Change
391.80 ^INR	+1.12%		+0.19%	+2.89%

05-15	General insurance corporation of India approval for fund infusion of $49 million for Malaysia branch	RE
05-15	General insurance corporation of India: appointment of Rajesh Laheri as CFO	RE

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

See all business segments

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

See all geographic segments

Executive Committee: General Insurance Corporation of India

Manager	Title	Age	Since
Hitesh Rameshchandra Joshi CEO	Chief Executive Officer	-	30/09/2025
Balkrishna Variar DFI	Director of Finance/CFO	-	30/04/2024
Satheesh Kumar CMP	Compliance Officer	-	-
Radhika Ravishekar CIO	Chief Investment Officer	-	02/08/2021
Jayashri Balkrishna PRN	Corporate Officer/Principal	58	-

See GENERAL INSURANCE CORPORATION OF INDIA governance

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

Director	Title	Age	Since
Jayashri Balkrishna BRD	Director/Board Member	58	22/07/2025
Hitesh Rameshchandra Joshi CHM	Chairman	-	30/09/2025
Manoj Muttathil Ayyappan BRD	Director/Board Member	51	16/04/2025
Ashwani Kumar BRD	Director/Board Member	68	29/07/2025
Tapan Kumar Mondal BRD	Director/Board Member	-	23/07/2025

Composition of the Board of Directors

Shareholders: General Insurance Corporation of India

Name	Equities	%	Valuation
Government of India 82.4 %	1,445,567,615	82.4 %	5 992 M ₹
Life Insurance Corporation of India (Investment Portfolio) 9.81 %	172,105,682	9.81 %	713 M ₹
SBI Life Insurance Co. Ltd. (Investment Portfolio) 0.6591 %	11,563,227	0.6591 %	48 M ₹
Bandhan AMC Ltd. 0.6472 %	11,354,813	0.6472 %	47 M ₹
SBI Funds Management Ltd. (Investment Management) 0.251 %	4,403,242	0.251 %	18 M ₹

List of GENERAL INSURANCE CORPORATION OF INDIA shareholders

Holdings: General Insurance Corporation of India

Name	Equities	%	Valuation
TATA ELXSI LIMITED 1.17%	730,695	1.17%	32 M $
SANOFI INDIA LIMITED 2.56%	589,887	2.56%	21 M $
BHARAT BIJLEE LIMITED 3.91%	442,000	3.91%	14 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

Name	Category and Sector
GIC Perestrakhovanie LLC
GIC Perestrakhovanie LLC

See all subsidiaries

Other Reinsurance

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
GENERAL INSURANCE CORPORATION OF INDIA	+1.12%	+0.19%	-9.59%	+122.61%	7.08B
SWISS RE LTD	+1.52%	-0.85%	-16.63%	+34.16%	45.4B
SCOR SE	+1.19%	+2.61%	+13.12%	+26.04%	6.62B
POZAVAROVALNICA SAVA, D.D.	0.00%	+0.65%	+72.59%	+262.65%	1.68B
KOREAN REINSURANCE COMPANY	+7.62%	+8.42%	+54.29%	+142.09%	1.55B
CENTRAL REINSURANCE CORPORATION	-1.36%	+4.82%	+25.34%	+65.74%	828M
MNRB HOLDINGS	+2.63%	+0.74%	+30.00%	+174.37%	527M
HELIOS UNDERWRITING PLC	+0.23%	+0.94%	-3.15%	+28.36%	195M
VIETNAM NATIONAL REINSURANCE CORPORATION	0.00%	-0.97%	+1.12%	+11.37%	156M
Average	+1.44%	+1.32%	+18.57%	+96.38%	7.11B
Weighted average by Cap.	+1.51%	-0.79%	-7.71%	+53.20%