General Insurance Corporation of India - 540755 - Statement Of Investor Complaints For The Quarter Ended September 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 026260 Name of the Signatory :- Satheesh KumarDesignation :- Company Secretary and Compliance Officer General Insurance Corporation of India - 540755 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We forward herewith certificate received from M/s. KFin Technologies Pvt. Limited, Registrar and Transfer Agent for General Insurance Corporation of India under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September 2021. General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 read with para A of Schedule III and Regulations 46(2) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby inform that the A M Best has re-affirmed the ratings assigned to General Insurance Corporation of India (GIC Re) and further revised the outlook of Long-Term issuer Rating as per details enclosed. General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please find enclosed the schedule of Investor meet held on 06.09.2021 with senior management of the Corporation. General Insurance Corporation of India - 540755 - Board Meeting Intimation for Meeting Scheduled To Be Held On Wednesday, 8Th September 2021, Through Video Conferencing
General Insurance Corporation Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/09/2021 ,inter alia, to consider and approve Pursuant to regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Corporation is scheduled to be held on Wednesday, 8th September 2021, through Video Conferencing to consider and approve general matters of the Corporation. General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please find enclosed schedule of analyst/investor meetIngs held on 31.08.2021 with senior management of the Corporation. Q1FY22 Result Announced for General Insurance Corporation of India
GIC Re announces Financial Performance for the Quarter Gross Premium Income of the company was Rs 14,289.92 crore for the quarter ended 30.06.2021 as compared to Rs 15,881.55 crore for the quarter ended 30.06.2020. Underwriting Loss is Rs 2,811.17 crore for quarter ended 30.06.2021 as compared to Rs 1,771.35 crore for quarter ended 30.06.2020. Investment Income is Rs 1,794.60 crore for quarter ended 30.06.2021 as compared to Rs 1,142.83 crore for quarter ended 30.06.2020. Solvency Ratio is 1.74 as on 30.06.2021 as compared to 1.52 as on 30.06.2020. Incurred Claims Ratio is 104.3 % as on 30.06.2021 as compared to 94.2 % as on 30.06.2020. The company recorded Loss Before Tax of Rs 1,166.72 crore for quarter ended 30.06.2021 as Rs 811.22 crore for the quarter ended 30.06.2020. Loss After Tax for quarter ended 30.06.2021 recorded as Rs 771.73 crore as compared to Rs 557.47 crore for quarter ended 30.06.2020. Total Assets are Rs 1,42,454.14 crore as on 30.06.2021 as compared to Rs 1,29,291.31 crore as on 30.06.2020. Net Worth of the company (without fair value change account) recorded at Rs 21,285.37 crore on 30.06.2021 as against Rs 19,714.81 crore as on 30.06.2020. Net Worth of the company (including fair value change account) recorded as Rs 50,673.76 crore on 30.06.2021 as against Rs 39,071.36 crore as on 30.06.2020. Combined Ratio is 123.36%for the quarter ended 30.06.2021 as against 112.16%forquarter ended 30.06.2020. Adjusted Combined Ratio is 112.35 % for the quarter ended 30.06.21 as against 105.88 % for quarter ended 30.06.2020. Consolidated Financials of GIC Re: Consolidated Gross Premium Income of the company was Rs 14,426.55 crore for quarter ended 30.06.2021 as compared to Rs 15,982.75 crore for quarter ended 30.06.2020. Investment Income of the group was Rs 1,809.43 crore for quarter ended 30.06.2021 as compared to Rs 1,178.22 crore for quarter ended 30.06.2020. Consolidated Loss After Tax for quarter ended 30.06.2021 was Rs 1,039.69 crore as compared to Loss After Tax of Rs 497.07 crore for quarter ended 30.06.2020. Incurred claims Ratio is 107.4 % for quarter ended 30.06.2021 as compared to 94.9% for quarter ended 30.06.2020. Group's net worth (without fair value change account) for quarter ended 30.06.2021 is Rs 23,378.04 crores as compared to Rs 22,017.25 crore for quarter ended 30.06.2020. Result PDF General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find attached herewith Investor Presentation- Q1 FY 2022 Financial Results Presentation. The same will also be available on the website of the Corporation at www.gicofindia.com. Kindly take the above information on record. General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Change in Management
Pursuant to Regulation 30 of SEBI (LODR) Reg., 2015, we wish to inform you that the Board of Directors at its meeting held today ratified the appointment of following as Key Management Persons of the Corporation w.e.f. 03.08.2021, pursuant to the IRDAl Corporate Governance Guidelines 2016 & Companies Act, 2013: 1. Shri G. Radhakrishna as Chief Marketing Officer & KMP in place of Shri Deepak Prasad who had retired on attaining the age of superannuation on 31.07.2021. 2. Shri Balkrishna Variar as Chief Underwriting Officer & KMP in place of Shri Deepak Prasad who had retired on attaining the age of superannuation on 31.07.2021. 3. Smt. Radhika Ravishekar as Chief Investment Officer & KMP in place of Smt. Jayashree Ranade. 4. Smt. Jayashree Ranade as CFO & KMP in place of Smt. Suchita Gupta who was relieved from the Corporation w.e.f. 02.08.2021. Her, terms of appointment would be as per the Rules of the Corporation. The Brief profiles of the all appointees are enclosed.
Earnings Call for Q1FY22 of General Insurance Corporation of India
Conference Call with General Insurance Corporation of India (GICRE) Management and Analysts on Q1FY22 Performance and Outlook. Listen to the full earnings transcript.