GICRE
General Insurance Corporation of India
General Insurance
Share price
₹356
Market cap
₹62,386 Cr
1Y return
▼ 5%
A state-owned general insurance company, General Insurance Corporation of India operates primarily in the reinsurance sector, providing risk transfer and claims settlement services to insurers across the country. The company plays a key role in India's reinsurance market by enabling insurers to manage exposure to large and catastrophic losses. It supports the broader insurance ecosystem through its specialized reinsurance operations and underwriting expertise.
Investors holding General Insurance Corporation of India
Latest move
ICICI Prudential Mutual FundNew position
ICICI Prudential Mutual Fund entered General Insurance Corporation of India with 3,67,83,789 shares, acquiring a 2.10% stake worth ₹1,332.99 Cr at ₹362.00 apiece.
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