General Insurance Corporation of India Live Price Chart
Low: ₹367High: 378.75
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General Insurance Corporation of India Technicals
Current Price
₹ 378.054.4 (1.18%)
EMASMA
20 Day
₹ 371.744
50 Day
₹ 374.461
100 Day
₹ 377.762
200 Day
₹ 382.582
20 Day
₹ 371.370
50 Day
₹ 376.293
100 Day
₹ 376.121
200 Day
₹ 386.117
General Insurance Corporation of India Performance
Previous Close
₹ 373.65
High
₹ 378.75
Volume
327964
52W Range
₹ 351 - ₹ 453.8
Open
₹ 370
Low
₹ 367
Market Cap
₹ 67369 Cr
General Insurance Corporation of India Fundamentals
ROCE
11.907
P/E Ratio
7.780
P/B Ratio
1.050
Industry P/E
1.050
Debt to Equity
17.330
ROE
13.461
EPS
48.010
Dividend Yield
2.680
Book Value
356.678
Face Value
5.000
General Insurance Corporation of India Financials
Particulars
Y202503
Y202403
Y202303
Y202203
Y202103
Profit After Tax
6701.36
6497.3
6312.4973
2005.7388
1920.4381
General Insurance Corporation of India Shareholding Pattern
Promoter Holdings
82.397 %
FIIs
2.118 %
DIIs
12.131 %
MutualFund
1.191 %
Retail
1.673 %
Others -
0.491 %
About General Insurance Corporation of India
History of General Insurance Corporation of India
General Insurance Corporation of India (GIC Re) is the leader in the Indian reinsurance market. It leads many of the domestic companies' treaty programmes and facultative placements. Internationally, GIC Re is an effective reinsurance partner for the Afro-Asian region, leading the reinsurance programmes of several insurance companies in the Middle East and North Africa and SAARC countries. It has offices in London, Dubai, Kuala Lumpur and a representative office in Moscow. The Corporation provides reinsurance across many key business lines including property, motor, agriculture, marine, engineering, aviation, health, liability.
GIC Re was a wholly-owned company of Government of India until the Initial Public Offering (IPO) in October 2017. GIC Re was listed on the bourses on 25 October 2017. The IPO was a combination of a fresh issue of 1.75-crore shares totaling up to Rs 1568.6 crore at the upper price band and offer for sale of 10.75-crore shares by Union government totaling up to Rs 9804 crore at the upper price band of Rs 912 per share. After the IPO, Government of India's holding in GIC Re declined to 85.78%.
General Insurance Corporation of India (GIC) was incorporated at Mumbai on November 22, 1972 as a Private Limited Company. The Corporation was converted into a Public Limited Company with effect from March 7, 2016. The Corporation is registered with IRDAI for carrying on reinsurance business pursuant to the registration certificate dated April 2, 2001.
GIC ... was formed for the purpose of superintending, controlling and carrying on the business of general insurance. As soon as GIC was formed, Government of India (GoI) transferred all the shares it held of the general insurance companies to GIC. Simultaneously, the nationalised undertakings were transferred to Indian insurance companies. After a process of mergers among Indian insurance companies, the following four companies (National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited and United India Insurance Company Limited) were left as fully owned subsidiary companies of GIC.
In November 2000, GIC was renotified as the Indian Reinsurer and through administrative instruction, its supervisory role over the four subsidiaries was ended. With the General Insurance Business (Nationalisation) Amendment Act 2002 (40 of 2002) coming into force from March 21, 2003; GIC ceased to be a holding company of its subsidiaries. The ownership of the four erstwhile subsidiary companies and also of the General Insurance Corporation of India was vested with Government of India.
On 1 April 2002, GIC was appointed as a Manager to the Terrorism Insurance Pool.
On 5 September 2013, GIC's joint venture reinsurance company in Bhutan-GIC Bhutan Re Limited became operational. On 19 September 2013, GIC was appointed as Managers of FAIR NATCAT Reinsurance Pool at Beijing, China.
On 11 August 2014, GIC Re South Africa Limited, the wholly owned subsidiary of GIC Re was established in South Africa.
GIC Re along with several other Indian insurance companies launched the India Nuclear Insurance Pool (INIP) with a capacity of Rs 1500 crore on 12 June 2015 to provide insurance to cover the liability as prescribed under Civil Liability for Nuclear Damage (CLND) Act 2010. The INIP will address liability related concerns of suppliers under the CLND Act 2010 and will pave the way for Indian as well as foreign suppliers to participate in the Indian Nuclear Power Projects.
On 30th January 2020, GIC Perestrakhovanie LLC (GIC Re's 100% subsidiary) received its reinsurance operations license from Central Bank of Russia.
GIC Moscow Representative office was upgraded into a wholly owned subsidiary named as GIC Perestrakhovanie LLC, which started its operations from August 2020.
Total assets of the Corporation were Rs 1,78,285.82 Crore as on 31st March 2024 as compared to Rs 1,57,124.60 Crore as on 31st March 2023. CARE Ratings Ltd. has reaffirmed AAA (Is)' Issuer Rating for the Corporation in February 2024. The gross direct premium underwritten by non-life insurance companies in India increased by 12.8% to Rs 2.90 Lakh Crore in FY 2023-24 compared to Rs 2.57 Lakh Crore in FY 2022-23. company reported a Profit after Tax of Rs 6497.30 Crore for the Financial Year 2024 as against Profit after Tax of Rs 6,312.50 Crore in 2023.
Total assets of the Corporation were Rs 1,87,615.74 Crore as on 31st March 2025 as compared to Rs 1,78,285.82 Crore as on 31st March 2024. General insurers accounted for Rs 2.58 lakh crore in premiums, up 5.2% year-on-year. Standalone health insurers maintained strong momentum with a 16% increase, reaching Rs 38,413 crore in FY 2025. Gross NPA as on 31st March 2025 amounted to Rs 895.05 Crore. Gross Loan Assets amounted to Rs 78,919.05 Crore and Net Loan Assets Rs 78,024.00 Crore.
FAQs on General Insurance Corporation of India
1. Can I buy General Insurance Corporation of India from PL Capital? ›
Yes, you can invest in General Insurance Corporation of India shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track General Insurance Corporation of India stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade General Insurance Corporation of India as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does General Insurance Corporation of India pay dividends? ›
Yes, General Insurance Corporation of India has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding General Insurance Corporation of India shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of General Insurance Corporation of India ? ›
As of
30-Jan-2026 , 15:45:30 the share price for General Insurance Corporation of India. is ₹ 378.05 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of General Insurance Corporation of India ? ›
The 52-week high and low of General Insurance Corporation of India share price is ₹ 351 - ₹ 453.8 as of
30-Jan-2026 , 15:45:30 .
