GIC Re's IPO was oversubscribed 1.38 times during October 11-13. The reinsurance company had fixed the price band at Rs ...

The Government of India has completed the divestment of its 5 per cent stake in General Insurance Corporation of India (GIC Re) after the offer for sale (OFS) closed with full subscription of both the ...

Mumbai, Oct 23 (PTI) The country’s national reinsurer, GIC Re, will be listed on the National Stock Exchange (NSE) on October 25. GIC Re’s IPO, which was open from October 11 to 13, was subscribed ...

It recorded an 11.5% return on equity in fiscal 2026 against a five-year average of 9.5%. General Insurance Corporation of ...

The two-day offer for sale (OFS) by General Insurance Corporation of India Ltd (GIC RE) will kick start on Tuesday, with the company joining a long list of companies including NLC India, NHPC India ...

Add Yahoo as a preferred source to see more of our stories on Google. REUTERS - State-owned reinsurer General Insurance Corp of India on Monday filed for an initial public offering which bankers have ...

Shares of General Insurance Corporation of India (GIC Re) fell over 6% after the government launched an offer for sale (OFS) to divest up to a 5% stake at a discount. The floor price of ₹352 was ...

Competition in India’s Rs 98,000-crore domestic reinsurance market will intensify with the proposed domestic reinsurance JV between Jio Financial and Allianz. The arrival of a formidable entrant could ...

General Insurance Corporation of India (GIC Re), the sole Indian Reinsurer, announced that it has earned a profit before tax of $455 million during the year 2014-15 with a growth of 22.75 percent. The ...