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India: GIC Re plans major worldwide expansion

Source: Asia Insurance Review | Jul 2013

India's national reinsurer, the public sector General Insurance Corporation of India (GIC Re) is now planning to make forays into major international markets and is looking to form strategic alignments in South Africa, up-grade its status in Brazil, enhance its presence in the SAARC region in South Asia and also have a presence in the Lloyd's market in London.

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