General Insurance Corporation of India - Company Profile
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General Insurance Corporation of India (GIC) is a provider of reinsurance products to the general insurers. The solvency position, global presence, and business performance of Life Insurance are its key strengths, even as its combined ratio remains an area for concern. Short term economic outlook in India, and growth in life and general insurance segment could provide ample growth opportunities to the company. However, competition, fluctuations in interest rates and risks related to online identity theft and hacking could affect the company’s business performance.
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