General Insurance Corporation Of India
GIC of India is a state owned enterprise in India. It was the sole reinsurance company in the Indian insurance market until the insurance market was open to foreign reinsurance players by late 2016 including companies from Germany, Switzerland and France. GIC Re has its registered office and headquarters in Mumbai.
General Insurance Corporation of India provides reinsurance to the direct general insurance companies in the Indian market. It provides reinsurance and risk solution to domestic and international markets. The company was founded on November 22, 1972 and is headquartered in Mumbai, India.