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domaingicre.in
summaryGIC Re is actively pursuing various reinsurance and insurance initiatives, primarily focusing on retrocession programs and related services. Key activities include:

* Bid Invitations & EOI: Multiple Expressions of Interest (EOI) and Invitations to Bid (IB) are being issued for retrocession programs across marine, foreign cat XOL, domestic, aviation, and energy sectors, both for quoting and follow markets, for the 2024-25 and 2025-26 periods.
* GeM Tender Activities: GIC Re is utilizing the GeM (Government e-Marketplace) platform for tenders including SAP Risk Management and Process Control implementation, India Flood Catastrophe Model as a Service, PIT/SDD Software procurement, and actuarial reserving software.
* Financial Reporting: Audited financial results for the year ended March 31, 2024, are available.
* Rating & Rankings: The company’s rating was reaffirmed by ACRA and it was ranked 156th in the Forbes list of the world's best companies.
* Human Resources: Recruitment efforts are ongoing, including Assistant Manager positions, pre-recruitment training, and interviews, along with a CISO appointment.
* Strategic Initiatives: The company is involved in initiatives like the IMTRIP Excess of Loss XOL Reinsurance Program Renewal and the development of actuarial reserving software.
titleGIC | Home Page
descriptionGeneral Insurance Corporation of India since 1972
keywordsrecruitment, tender, assistant, managers, read, more, policy, marine, expression, interest, appointment, programme, program, file, insurance, size, invitation
upstreams
downstreams
nslookupA 172.105.253.176
created2025-11-09
updated2026-01-10
summarized2026-01-10

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