General Insurance Corporation of India - 540755 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
General Insurance Corporation of India has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here 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 17th August 2022, to discuss the financial results for the quarter ended 30th June 2022, can be accessed from the following link: https://www.gicofindia.com/images/Audio_Recording_of_Conference_call_held_with_Analyst_and_Investor_on_17th_August_2022.mp3 General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find attached herewith Investor Presentation - Q1 FY 2023 Financial Results Presentation. The same is also available on the website of the Corporation at www.gicofindia.com. General Insurance Corporation of India - 540755 - Results Of Postal Ballot Along With Report Of Scrutinizer Dated 17Th August 2022
This is in continuation of our letter dated 14th July 2022 informing about notice of Postal Ballot seeking approval of the members of the Corporation in respect of items set out in the said notice through remote e-voting system. We wish to inform that based on the scrutinizer report dated 17th August 2022 on the Postal Ballot, the members of the Corporation have duly passed the Ordinary Resolutions as set out in the said Notice with requisite majority. In view of the above, please find enclosed herewith the following documents : 1. Results of voting as per the format provided under Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. 2. Report of the scrutinizer We request you to kindly take the above information on record. Q1FY23 Quarterly Result Announced for General Insurance Corporation of India
General Insurance Corporation of India announced Q1FY23 Result : Gross Premium Income of the company was Rs 11,021.83 crore for the quarter ended 30.06.2022 as compared to Rs 14,289.92 crore for the quarter ended 30.06.2021. Underwriting Loss is Rs 776.29 crore for the quarter ended 30.06.2022 as compared to Rs 2811.17 crore for the quarter ended 30.06.2021. Investment Income is Rs 1,890.43 crore for quarter ended 30.06.2022 as compared to Rs 1,794.60 crore for the quarter ended 30.06.2021. Solvency Ratio is 2.14 as on 30.06.2022 as compared to 1.74 as on 30.06.2021. The company recorded Profit Before Tax of Rs 988.71 crore for the quarter ended 30.06.2022 as compared to Loss Before Tax of Rs 1,166. 72 crore for the quarter ended 30.06.2021. Profit After Tax for the quarter ended 30.06.2022 recorded as Rs 689.72 crore as compared to Loss After Tax of Rs 771.73 crore for the quarter ended 30.06.2021. Total Assets are Rs 1,46, 178.09 crore as on 30.06.2022 as compared to Rs 1,42,454.14 crore as on 30.06.2021. Net Worth of the company (without fair value change account) recorded at Rs 24,744.87 crore on 30.06.2022 as against Rs 21,285.37 crore as on 30.06.2021 . Net Worth of the company (including fair value change account) recorded as Rs 53,741.39 crore on 30.06.2022 as against Rs 50,673.76 crore as on 30.06.2021. Combined Ratio is 110.97 % for the quarter ended 30.06.2022 as against 123.36 % for the quarter ended 30.06.2021. Adjusted Combined Ratio is 97.01% for the quarter ended 30.06.2022 as against 112.35 % for the quarter ended 30.06.2021. Consolidated Gross Premium Income of the company was Rs 11,100.74 crore for the quarter ended 30.06.2022 as compared to Rs 14,426.55 crore for the quarter ended 30.06.2021. Investment Income of the group was Rs 1,911 .55 crore for the quarter ended 30.06.2022 as compared to Rs 1,809.43 crore for the quarter ended 30.06.2021. Consolidated Profit Before Tax for the quarter ended 30.06.2022 was Rs 1,025.69 crore as compared to Loss Before Tax of Rs 1,510.96 crore for the quarter ended 30.06.2021. Consolidated Profit After Tax for quarter ended 30.06.2022 was Rs 729.34 crore as compared to Loss After Tax of Rs 1,039.69 crore for the quarter ended 30.06.2021. Incurred claims Ratio is 94.86% for the quarter ended 30.06.2022 as compared to 107.43 % for the quarter ended 30.06.2021. Group's net worth (without fair value change account) for the quarter ended 30.06.2022 is Rs 27,565.68 crores as compared to Rs 23,378.04 crore for the quarter ended 30.06.2021. Result PDF General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
General Insurance Corporation of India informs the Exchange regarding a press release dated August 10, 2022, titled "GIC Re announces Financial Performance for the Quarter ended 30.06.2022" General Insurance Corporation of India - 540755 - Board Meeting Outcome for Outcome Of Board Meeting Held On 10Th August 2022
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, 2022 together with the Auditors'' Limited Review Report as 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. Kindly take the above information on record. General Insurance Corporation of India - 540755 - Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2022
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, 2022 together with the Auditors'' Limited Review Report as 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. General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In terms of Regulation 30(6) read with Schedule III of the Listing Regulations, the Corporation will host an earnings call with analysts/investors at 04.00 p.m. (IST) on Wednesday, August 17, 2022 to discuss financial results of the Corporation for the quarter ended June 30, 2022. Further details in respect of the same are attached herewith. General Insurance Corporation of India - 540755 - Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 10Th August 2022 Through Video Conference
General Insurance Corporation Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2022 ,inter alia, to consider and approve We wish to inform you that a meeting of the Board of Directors of the Corporation is scheduled to be held on Wednesday, August 10, 2022, through Video Conference, inter alia: 1. To consider and approve the Unaudited Financial Results (standalone and consolidated) for the quarter/period ended June 30, 2022; 2. To transact any other matter which the Board may deem fit. Further, in terms of "The Code of Conduct for Prohibition of Insider Trading-2022", the trading window for dealing in the securities of the Corporation, which is under closure from 1st July, 2022, shall remain closed till August 12, 2022.