General Insurance Corporation of India - Company Profile
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General Insurance Corporation of India (GIC), a government-owned company, is primarily involved in providing reinsurance services to direct general insurance companies. Its main activities include offering reinsurance solutions across various classes of business such as property, marine, energy, engineering, and aviation. The company's services serve a wide range of industries, including agriculture, health, and motor insurance, serving both domestic and international clients. GIC Re operates through a network of branch offices and subsidiaries, enabling its services to be delivered across various regions. Its geographic presence includes locations in the UK, the UAE, Malaysia, South Africa, and Russia. GIC is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Suraksha170 J Tata Road Churchgate, Mumbai, Maharashtra, 400020
Website
www.gicre.in
Telephone
91 22 22867000
No of Employees
449
Industry
Financial Services
Ticker Symbol & Exchange
GICRE (NSE)
Revenue (2025)
$5.6B
18.5%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
30%
(2025 vs 2024)
Market Cap*
$6.6B
Net Profit Margin (2025)
XYZ
9.7%
(2025 vs 2024)
* As of and is in US$
General Insurance Corporation of India premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Property Reinsurance | Service: | GIC Re |
| Health Reinsurance | Claims Service | |
| Marine Hull and Cargo Reinsurance | ||
| XYZ | ||
| XYZ | ||
| XYZ |
Competitor Comparison
| Key Parameters | General Insurance Corporation of India | Hannover Ruck SE – India Branch | Munich Reinsurance Company - India Branch | RGA Life Reinsurance Company of Canada - India Branch | SCOR SE India Branch |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Mumbai | Mumbai |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Maharashtra |
| No. of Employees | 449 | - | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jayashri B | Director; Chief Risk Officer | Executive Board | 2025 | - |
| Ramesh Chandra Joshi | Chairman - Interim; Managing Director - Interim | Executive Board | 2025 | - |
| Rajesh Khadatare | General Manager; Chief Marketing Officer | Senior Management | 2022 | - |
| Sanjay Vasant Mokashi | Chief Underwriting Officer; General Manager | Senior Management | - | - |
| Radhika C. S. | Financial Advisor, Chief of Internal Audit | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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