Domestic Reinsurance Pools

The practice of establishing reinsurance pools to cater for the situations where supply of insurance becomes a constraint is well accepted globally. Time and again, the Indian Market has also adopted the practice to overcome capacity challenges imposed by insufficient availability or withdrawal of international reinsurance support.

GIC Re, as the leading Indian Reinsurer, has played a pivotal role in the creation and successful operation of pools for over two decades. GIC Re has been managing Pools in India and provides its support with very significant capacity as a pool member.

GIC Re is currently managing the following domestic reinsurance pools:

Reinsurance Pool Mechanism

Reinsurance Pooling Arrangement - Cession to Pool, Consolidation of Premium, Sharing amongst Pool Members and Retro-insurance Arrangement