General Insurance Corporation of India

General Insurance Corporation of India (GIC Re) is India’s largest reinsurer and a public sector undertaking, incorporated in 1972 under the Companies Act, 1956. Fully owned by the Government of India, GIC Re operates as the sole national reinsurer and plays a central role in supporting the Indian insurance sector by providing reinsurance solutions to both life and non-life insurers. With its headquarters in Mumbai, the company has established a robust international presence through branches, subsidiaries, and joint ventures across key global markets including the UK, Singapore, UAE, Malaysia, Russia, and South Africa.

GIC Re offers a comprehensive suite of treaty and facultative reinsurance products, serving diverse segments such as property, health, motor, fire, aviation, marine, agriculture, and liability. The corporation’s expansive network and capacity enable risk diversification, and its strategic collaborations with domestic and foreign insurers underpin its leadership in the region. GIC Re is recognized for its prudent risk management, underwriting expertise, and contributions to the growth and resilience of India’s insurance ecosystem.