Page 2 - Gic Re

Hines Real Estate in talks with GIC, CapitaLand to sell Mumbai property

Deal size likely to be Rs 2,000 crore

Operating profitability the Achilles' heel for GIC; stock rises 8%

Bringing down combined ratio to below 100 a tough task

GIC settles insider trading case with Sebi, pays Rs 1.23 cr as remittance

GIC filed a settlement application with the regulator "without admitting or denying the findings of fact and conclusions of law, proposing to settle the defaults" and remitted the settlement amount

GIC Re posts net loss of Rs 707 crore in Q2 as insurance claims rise

The company said it wrote gross premium of Rs 9,511.91 crore during the quarter, higher than Rs 8,656.75 crore a year ago period

GIC Re, New India Assurance soar 20% in range-bound market

The general insurance industry in September grew by almost 40 per cent to Rs 19,047 crore.

GIC Re's Vaidyan at no. 47 among Fortune's 50 most powerful businesswomen

A 30-year veteran of the insurance industry, she has a graduate degree in English and diploma from the Harvard Business School

GIC-RE eyes global footprint with entry into Lloyd's trading in April

SAARC region's largest re-insurer names seasoned Lloyd's market practitioner as Active Underwriter; targets 60:40 domestic to international biz ratio

Insurance firms continue to disappoint: GIC Re ends 1.5% lower on debut

General Insurance Corporation (GIC Re) made a lackluster stock market debut on Wednesday as its shares fell as much as 14.5 per cent during the session. The state-owned reinsurer's shares closed at Rs 898 apiece, down Rs 14 or 1.5 per cent from the initial public offering (IPO) issue price. The poor performance of GIC Re post listing is in-line with its three listed peers - ICICI Prudential Life, SBI Life and ICICI Lombard which have registered similar performance post listing.Market participants say, this poor performance was majorly due to dilemma in the markets about how these companies should be valued. Usually, analysts use parameters like price-to-earnings (P/E) and return on equity (RoE) to evaluate a non-banking company. For banks, price to book is usually considered a benchmark criterion. However, insurance is a relatively new sector in the listed space and hence investors are yet to grip a way to asses these stocks."It is difficult to have a fixed benchmark to value ...

State-run GIC Re slumps 14.5% on market debut

After raising Rs 11,176 crore in the country's biggest initial public offering in seven years

GIC Re to be listed on NSE today

The insurance and reinsurance industry is the latest to join the palette of choice for equity investors in recent times

GIC Re to be listed on NSE on Wednesday

The insurance and reinsurance industry is the latest to join the palette of choice for equity investors in recent times

GIC Re to broad-base premium streams

Currently, 95 per cent of the GIC's premium income comes from the non-life insurance segment

GIC Re posts 21% growth in gross premium for FY16

Has proposed a dividend of 200% of share capital amounting to Rs 860 cr for FY16