News Reinsurance13 Nov 2023

India:GIC Re posts fall in profits despite modest growth in GWP in Apr-Sep 2023

| 13 Nov 2023

India's only locally-incorporated reinsurer, General Insurance Corporation (GIC Re), has reported a net profit of INR23,368.7m ($280.5m) for the half year ended 30 September 2023, a fall of 8.3% for the corresponding half in 2022, according to a statement released by the company.

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