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Incorporated in 1972, General Insurance Corporation of India (GIC) is the largest reinsurance company in India in terms of gross premiums accepted in FY19. GIC Re provides reinsurance across many key business lines including fire (property), marine, motor, engineering, agriculture, aviation/space, health, liability, credit and financial and life insurance. GIC Re was a wholly-owned company of the Government of India until it issued its first tranche of IPO shares in the year 2017. The Corporation has also diversified its business geographically to grow its underwriting business and profitability as well as to maintain a balanced portfolio of risks. It has developed its overseas business through its home office in Mumbai, branch offices in London, Dubai and Kuala Lumpur, a representative office in Moscow and a subsidiary in the United Kingdom that is a member of Lloyd’s of London and a subsidiary in South Africa. A new Syndicate fully capitalized by GIC Re became operational at Lloyds of London. Through its more than 47 years of experience and commitment in providing reinsurance products and services, GIC Re has become a trusted brand to its insurance and reinsurance customers in India and overseas. It is ranked as the 10th largest global reinsurer in 2018 in terms of gross premiums accepted. GIC Re has been recognized by Forbes List 2019 as one of Global 2000 – Best Regarded Companies and Worlds Best Employers. GIC Re has been rated “A-” (Excellent) with a stable outlook by AM Best for 10 consecutive years. www.gicofindia.in
ACE Insurance Brokers Pvt Ltd is a leading insurance, reinsurance broker and risk management services company with Pan India operations. We service clients in over 25 countries based in Asia, Africa, Europe and North American countries. We have a team of qualified and well experienced risk managers, insurance & reinsurance professionals, engineers, chartered accountants & MBAs dedicated to creating and implementing innovative risk management and insurance solutions to help clients succeed. ACE is one of the fastest growing privately held insurance broking companies in India. It received its broking license in 2004 from the Insurance and Regulatory Development Authority of India (IRDA) and currently holds a composite broking license. We handle highly specialized and technical insurances on behalf of our clients and place the same with insurance & reinsurance companies of repute. These include: Direct & Reinsurance Broking- Proportional & Non-Proportional Treaty Structured Programs Alternate Capital Solutions Property Engineering Aviation Infrastructure Terrorism Marine Agriculture Liability (Financial & Casualty) Event Insurance Political Risk Energy Facultative Cyber Crime We have established a strong presence in the infrastructure sector (power, construction & engineering, oil and energy), aviation, agriculture and marine sectors. ACE Insurance Brokers understands the client’s business via its experts who possess technical skill & knowledge of specific industries and then provides customized risk management & insurance solutions at cost effective terms to help their client’s business succeed. Our expertise lies in providing unparalleled creativity and service to our clients through our resident intellectual capital, market knowledge, and industry relationships.
www.AceInsuranceIndia.com
Moody’s Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody’s commitment and expertise contributes to transparent and integrated financial markets, and the firm’s ratings and analysis track debt covering approximately 120 sovereign nations, 11,000 corporate issuers, 21,000 public finance issuers, and 72,000 structured finance obligations.
www.moodys.com
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