Track the companies of Group.
|Sales Growth||Profit Growth||Expense Growth||Stock Price CAGR|
The company was established in 1972 under the Companies Act of 1956 and is owned by the Government of India. It is one of the key players in the Indian insurance market and has its shares listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The main focus of the company was to carry out and monitor the general insurance business. The reinsurance is provided in areas such as fire, marine, motor, agriculture, aviation, space, health, liability, credit, financial and life insurance.
The four subsidiaries of the company are The National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited and the United India Insurance Company Limited that were formed after the merging of the Indian insurance companies after all of the GOI shares were transferred to these companies.
The business area of the company is directing and regulating the business of general insurance in the country. By law, the various Indian insurance companies are required to give a certain number of their policy values to GIC Re.
The company also has some global footprints such as its upgrade from 'occasional reinsurer' to 'admitted reinsure' by the Brazilian Superintendence of Private Insurance. Along with that, it also has reinsurance programs for various companies in the world present in South East Asia, the Middle East and Africa. In late 2016, the company also opened up its market to foreign players in countries like Germany, Switzerland and France. The headquarters of the company is in Mumbai.
India's leading financial planning and advisory services, Invest Yadnya provides you with a range of resources that help you in making your investments run efficiently. We give detailed insights into the stock market such as gicre share price along with its analysis. We have resources dedicated to giving you the most accurate and transparent data about the stock market that will help you with your personal finances. There are eBooks, stock-o-metres and fund-o-metres that are research-backed and provide outsized data. We help you achieve your goals with the help of your resources. We use these resources to provide general insurance corporation of India share price, its history, its forecast and more through a comprehensive list of data.
You can access our ready-made model portfolios through pocket-friendly subscriptions to enhance your own investment portfolio. Our personalised planning services aid you in the process by giving unbiased information.
We ensure that our data is updated frequently so that you only get the latest information such as gic re share price today and the latest general insurance corporation of India news. Our stock analysis tool makes use of the FIVE-G framework that helps you better understand the gic insurance share price and gives information about gicre share price nse and the general insurance corporation of India share price target. You will also find the share price history of the company, its balance sheets, quarterly reports and historical growth along with competitors in the market. There are also eBooks that have a deep insight into the share prices of different companies with their stock indicators, competitors, forecasts, and target prices backed with research.
Through our analysis of the life insurance corporation of India stock price, you will be able to understand the company's presence in the stock market and the cycle under which it is currently running. You'll also get details about long-term investment returns, its potential losses and profits, the growth possibility of the company and whether the prices of the general insurance corporation of India stock are likely to go up. There's also a general insurance corporation of India share news about its various subsidiaries, schemes and other initiatives with details like the enterprise value, its previous stock's opening and closing rates with dividend yield.
Visit Invest Yadnya to get all the latest details about the gicre share target, general insurance corporation of India stock analysis and general insurance corporation of India IPO share price details. With easy to understand price charts that show the data on graphs, the information is easy to understand.
Invest Yadnya is India's leading online portal that offers investment advisory services to simplify the concept of personal finance. Our experts ensure the information is constantly updated as per trends to enhance the whole process for you. Our research-backed products offer the best guides for investment and other related topics. Find out analysis of 900+ companies such as Ashok Leyland, Godrej, Ircon international and more on our website.