General Insurance Corporation of India reports strong profit growth amid premium gains and underwriting loss reduction
General Insurance Corporation of India (GIC Re) has reported a significant financial upswing for the first half of 2024, with profit after tax reaching ₹2,897.12 crore, a 24% rise over the same period last year. The Mumbai-based reinsurance giant attributes this increase to a robust 5.8% growth in gross premium income, which amounted to ₹20,819.16 […]
