General Insurance Corporation of IndiaBOM 540755 Stock Report

General Insurance Corporation of India engages in the provision of reinsurance services to the direct general insurance companies. The company is headquartered in Mumbai, Maharashtra and currently employs 443 full-time employees. The company went IPO on 2017-10-25. The firm is engaged in the activities of assuming all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers. The firm is engaged in domestic and international business. In the domestic business, the Company provides reinsurance to the direct general insurance companies in the Indian market. The company provides various class of business, such as fire, motor, aviation, engineering, health, agriculture, marine hull, marine cargo and life, among others. The firm's health portfolio comprises mostly of obligatory cessions and domestic proportional business, some selective COVID-19 treaties and government mass schemes, besides business written by the foreign branches. The firm provides support to Indian life insurance companies through both treaty and facultative reinsurance.