GICRE
General Insurance Corporation of India
General Insurance
Share price
₹319
Market cap
₹56,000 Cr
1Y return
▼ 13%
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
Recent moves 3
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.
Read more
LICIncreased
LIC increased its stake in General Insurance Corporation of India (GICRE) from 9.81% to 11.65%, purchasing 32,216,676 shares. The value of these shares is ₹1,121 Cr at ₹348.20 apiece.
Read more
President of India, acting through the Ministry of Finance, Government of IndiaDecreased
The President of India, acting through the Ministry of Finance, Government of India, sold 8,77,20,505 shares of General Insurance Corporation of India for ₹3100.04 Cr at ₹353.40 apiece in an offer for sale, decreasing its stake from 82.40% to 77.40%. This transaction was conducted to comply with minimum public shareholding norms.
Read more
Track the whales in General Insurance Corporation of India
Get alerted the moment a top investor buys or sells.
Get started