News Reinsurance24 May 2019

India's national reinsurer records 6% growth in annual premiums

GIC Re chairman-cum-managing director Alice G Vaidyan

GIC Re announced a gross premium income of INR442.38bn ($6.34bn) for the year ended 31 March 2019 at a company board meeting yesterday. This marked 6% growth from the previous year. While 70% of gross premiums were domestic, the balance was international.

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