News Reinsurance30 May 2024

India:Higher investment income pushes up GIC Re's FY2024 net profit

| 30 May 2024

Mr Ramaswamy N, chairman and managing director of GIC Re

State-run listed reinsurer GIC Re has announced that its net profit after tax for the fiscal year ended 31 March 2024 (FY24) reached INR64,973m ($779.2m), 2.9% higher than in FY23.

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