General Insurance Corporation of India - 540755 - Clarification On Increase In Volume
Clarification dated 23.08.2023, enclosed.23-08-2023
23-08-2023
General Insurance Corporation of India - 540755 - Clarification sought from General Insurance Corporation of India
The Exchange has sought clarification from General Insurance Corporation of India on August 23, 2023, with reference to Movement in Volume.The reply is awaited.23-08-2023
General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find attached herewith Transcript of the con-call held with Investors/Analyst on 11th August 2023, to discuss financial results for the quarter ended June 30,2023.14-08-2023
General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find attached Investor Presentation - Q1 FY 2024 Financial Results Presentation.11-08-2023
General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In compliance with regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the audio recording of conference call held with Investors and Analysts on 11th August 2023, to discuss the financial results for the quarter ended 30th June 2023, can be accessed from the following link: https://www.gicre.in/images/Audio_Recording_of_Conference_call_held_with_Analyst_and _Investor_on_11th_August_2023.mp311-08-2023
Q1FY24 Quarterly Result Announced for General Insurance Corporation of India
General Insurance Corporation of India announced Q1FY24 results: Gross Premium Income of Rs 8,917.71 crore for Q1FY24 as compared to Rs 11,021.83 crore for Q1FY23. Underwriting Loss is Rs 1,557.44 crore for Q1FY24 as compared to Rs 776.29 crore for Q1FY23. Investment Income is Rs 2,454.94 crore for Q1FY24 as compared to Rs 1,890.43 crore for Q1FY23. Solvency Ratio is 2.88 as on June 30, 2023, as compared to 2.14 as on June 30, 2022. The company recorded Profit Before Tax of Rs 935.18 crore for Q1FY24 compared to Rs 988.71 crore for Q1FY23. Profit After Tax for Q1FY24 recorded as Rs 731.79 crore as compared to Rs 689.72 crore for Q1FY23. Total Assets are Rs 1,64,258.75 crore as on June 30, 2023, as compared to Rs 1,46,178.09 crore as on June 30, 2022. Net Worth of the company (without fair value change account) recorded at Rs 32,984.27 crore on June 30, 2023, as against Rs 26,345.14 crore as on June 30, 2022. Net Worth of the company (including fair value change account) was recorded as Rs 69,650.29 crore on June 30, 2023, as against Rs 55,341.65 crore as on June 30, 2022. Combined Ratio is 118.47% for Q1FY24 as against 110.97% for Q1FY23. Adjusted Combined Ratio is 97.24% for Q1FY24 as against 97.01% for Q1FY23. Result PDF10-08-2023
General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Corporation informs the Exchange regarding a press release dated August 10,2023, titled "GIC Re announces Financial Performance for the Quarter ended 30.06.2023"10-08-2023
General Insurance Corporation of India - 540755 - Board Meeting Outcome for Outcome Of Board Meeting Held On 10Th August 2023
Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and other applicable requirements, we forward herewith a copy of the unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2023 together with the Auditors' Limited Review Report approved by the Board of Directors at its meeting held today. A copy of the press release being issued in this connection is also attached. The same will also be available on the website of the Corporation at www.gicre.in. The Board meeting commenced at 11.00 a.m. and concluded at 3:45 p.m.10-08-2023
General Insurance Corporation of India - 540755 - Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30,2023
Pursuant to Reg. 33 of SEBI (LODR) Reg., 2015, we forward herewith copy of unaudited financial results(Standalone & Consolidated) for the QE 30.06.2023, together with Auditors'' Limited Review Report approved by the Board at its meeting held today. A copy of press release being issued in this connection is also attached. The Board meeting commenced at 11:00 a.m. and concluded at 3:45 p.m.10-08-2023
Carlyle to buy 30% of Quest Global for $500 mn
Carlyle and Quest will together buy back all shares from the company's existing investors, Bain Capital LP, Advent International LP, and GIC Re and extinguish them08-08-2023