Company General Insurance Corporation of India

GICRE

INE481Y01014

Reinsurance

Market Closed - NSE India S.E. Other stock markets 05:19:45 21/01/2026 pm IST			5-day change	1st Jan Change
370.30 ^INR	+1.24%		+1.02%	-2.76%

02/01	General Insurance Corporation of India Appoints Shri Uday Laxmandas Devi as Chief Vigilance Officer, Effective December 29, 2025	CI
28/12	General Insurance Corporation of India Announces Cessation of Chief Vigilance Officer Shri S. Alagarswamy from Senior Management, Effective December 27, 2025	CI

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	11TCr	11TCr	11TCr	11TCr	11TCr
Other Miscellaneous	665.33Cr	666.63Cr	670.53Cr	731.12Cr	812.44Cr
Marine Cargo	1.19TCr	1.25TCr	835.34Cr	725.15Cr	680.15Cr
Liability	693.73Cr	733.16Cr	727.42Cr	627.05Cr	578.14Cr
Personal Accident (P.A)	736.8Cr	579.79Cr	446.06Cr	435.11Cr	491.74Cr
Marine Hull	776.51Cr	953.11Cr	562.06Cr	487.01Cr	451.41Cr
Aviation	993.22Cr	600.3Cr	398.82Cr	387.89Cr	386.58Cr
FL/Credit	309.06Cr	304.91Cr	253.62Cr	203.27Cr	240.21Cr
Workmen Compensation (W.C.)	35Cr	42Cr	37Cr	41Cr	37Cr
Health	4.38TCr	4.85TCr	4.58TCr	5.16TCr	7.49TCr
Motor	8TCr	9.17TCr	7.88TCr	6.55TCr	6.73TCr
Agriculture	8.71TCr	6.66TCr	5.26TCr	3.88TCr	3.27TCr
Engineering	1.11TCr	1.18TCr	1.32TCr	1.49TCr	1.55TCr
Life	1.13TCr	1.28TCr	1.53TCr	1.45TCr	2.07TCr

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	25TCr	25TCr	24TCr	23TCr	26TCr
Foreign	14TCr	14TCr	12TCr	10TCr	10TCr

See all geographic segments

Executive Committee: General Insurance Corporation of India

Manager	Title	Age	Since
Hitesh Rameshchandra Joshi CEO	Chief Executive Officer	-	01/10/2025
Balkrishna Variar DFI	Director of Finance/CFO	-	01/05/2024
Satheesh Kumar Nair CMP	Compliance Officer	-	01/07/2021
Radhika Ravishekar CIO	Chief Investment Officer	-	03/08/2021
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	23/07/2025
Maruthi Prasad Tangirala BRD	Director/Board Member	60	05/01/2023
Vinita Kumari BRD	Director/Board Member	44	24/03/2023
Hitesh Rameshchandra Joshi CHM	Chairman	-	01/10/2025
Ashwani Kumar BRD	Director/Board Member	67	30/07/2025

Composition of the Board of Directors

Shareholders: General Insurance Corporation of India

Name	Equities	%	Valuation
Government of India 82.4 %	1,44,55,67,615	82.4 %	6 121 M ₹
Life Insurance Corporation of India (Investment Portfolio) 8.656 %	15,18,52,518	8.656 %	643 M ₹
SBI Life Insurance Co. Ltd. (Investment Portfolio) 0.6196 %	1,08,70,130	0.6196 %	46 M ₹
Bandhan AMC Ltd. 0.4767 %	83,63,693	0.4767 %	35 M ₹
SBI Funds Management Ltd. 0.2417 %	42,41,023	0.2417 %	18 M ₹

List of GENERAL INSURANCE CORPORATION OF INDIA shareholders

Holdings: General Insurance Corporation of India

Name	Equities	%	Valuation
TATA ELXSI LIMITED 1.17%	7,30,695	1.17%	43 M $
SANOFI INDIA LIMITED 2.56%	5,89,887	2.56%	27 M $
BHARAT BIJLEE LIMITED 1.77%	2,00,000	1.77%	6 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	+1.24%	+1.02%	-17.99%	+112.51%	705.05Cr
SWISS RE LTD	-1.59%	-3.21%	-9.09%	+31.13%	4.69TCr
SCOR SE	-3.52%	-4.95%	+9.62%	+14.43%	579.66Cr
POZAVAROVALNICA SAVA, D.D.	-2.52%	-4.32%	+78.57%	+225.63%	140.92Cr
KOREAN REINSURANCE COMPANY	0.00%	+3.99%	+37.67%	+108.47%	134.28Cr
CENTRAL REINSURANCE CORPORATION	-0.37%	-0.92%	+5.48%	+50.56%	68Cr
MNRB HOLDINGS	+1.65%	+13.36%	+13.36%	+177.97%	47Cr
HELIOS UNDERWRITING PLC	+1.46%	+1.46%	-4.59%	+28.00%	20Cr
VIETNAM NATIONAL REINSURANCE CORPORATION	0.00%	+1.93%	+6.96%	+35.67%	16Cr
Average	-0.40%	+0.49%	+13.33%	+87.15%	710.88Cr
Weighted average by Cap.	-1.38%	+0.01%	-5.09%	+45.78%