General Insurance of India : Business Responsibility Report for 52nd AGM for FY 2023-24
September 05, 2024 at 09:48 am IST
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Ref. No.: GIC-HO/BOARD/SE-4-AGM/158/2024-25
Date: 03rd September 2024
To,
The Manager
The Manager
Listing Department
Listing Department
BSE Limited
The National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Tower,
Exchange Plaza, 5th Floor, Plot C/1,
Dalal Street
G Block, Bandra Kurla Complex,
Mumbai - 400001
Mumbai - 400051
Scrip Code: (BSE - 540755/ NSE - GICRE)
Sub: SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ('SEBI Listing Regulations')
Regulation 34: Business Responsibility & Sustainability Report for the Financial Year 2023-24
Dear Sir/Madam,
Pursuant to Regulation 34 of the SEBI Listing Regulations, please find enclosed herewith the Business Responsibility & Sustainability Report ("BRSR") for the Financial Year 2023-24 which also forms part of the Annual Report submitted to the Stock Exchanges vide letter Ref. GIC-HO/BOARD/SE-2-AGM/157/2024-25 dated September 03, 2024.
The Annual Report including BRSR is also hosted on the website of the Corporation at www.gicre.in
You are requested to take note, of the above information on record.
Thanking You,
Yours Sincerely
For General Insurance Corporation of India
Suresh Kanubhai Savaliya
Digitally signed by Suresh Kanubhai Savaliya Date: 2024.09.03 18:43:00 +05'30'
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General Insurance Corporation of India is an India-based global reinsurance solutions provider. The Company is engaged in the activities of assuming all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers. The Company is engaged in domestic and international business. In the domestic business, the Company provides reinsurance to the direct general insurance companies in the Indian market. It provides various class of business, such as fire, motor, aviation, engineering, health, agriculture, marine hull, marine cargo and life, among others. The Company's health portfolio comprises mostly of obligatory cessions and domestic proportional business, some selective COVID-19 treaties and government mass schemes, besides business written by the foreign branches. The Company provides support to Indian life insurance companies through both treaty and facultative reinsurance.
GENERAL INSURANCE CORPORATION OF INDIA