Uncategorised
Budget and Programmes
| Clause No. | Particulars | Details / Links | |
|---|---|---|---|
| 2. | Budget and Programmes | ||
| 2.1 | Budget allocated to each agency including all plans, proposed expenditure and reports on disbursements made etc. [Section4(1)(b)(xi)] |
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| 2.1.1 | Total Budget for the public authority | Please click here to view the budget details | |
| 2.1.2 | Budget for each agency and plan & programmes | ||
| 2.1.3 | Proposed expenditures | ||
| 2.1.4 | Revised budget for each agency, if any | ||
| 2.1.5 | Report on disbursements made and place where the related reports are available | Please click here to view report on disbursements made | |
| 2.1.6 | Information related to procurements (a) Notice/tender enquires, and corrigenda if any thereon, (b) Details of the bids awarded comprising the names of the suppliers of goods/ services being procured, (c) The works contracts concluded – in any such combination of the above-and, (d) The rate/ rates and the total amount at which such procurement or works contract is to be executed. |
Please Click Here to view the details Please click the following link for details: GIC | Tenders and Notices Please click the following link for details: GIC | Details of all tenders awarded on nomination basis |
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| 2.2 | Foreign and Domestic Tours [F. No. 1/8/2012- IR dt. 11.9.2012] | ||
| 2.2.1 | Budget | Please click here to view the details | |
| 2.2.2 | Foreign and domestic Tours by ministries and officials of the rank of Joint Secretary to the Government and above, as well as the heads of the Department (a) Places visited (b) The period of visit (c) The number of members in the official delegation (d) Expenditure on the visit | ||
| 2.3 | Manner of Execution of Subsidy Programme [Section 4(i)(b)(xii)] | ||
| 2.3.1 | Name of the programme of activity | Not Applicable | |
| 2.3.2 | Objective of the programme | ||
| 2.3.3 | Procedure to avail benefits | ||
| 2.3.4 | Duration of the programme/ scheme | ||
| 2.3.5 | Physical and financial targets of the programme | ||
| 2.3.6 | Nature/ scale of subsidy/amount allotted | ||
| 2.3.7 | Eligibility criteria for grant of subsidy | ||
| 2.3.8 | Details of beneficiaries of subsidy programme (number, profile etc.) | ||
| 2.4 | Discretionary and Non-discretionary Grants [F. No. 1/6/2011-IR dt. 15.04.2013] | ||
| 2.4.1 | Discretionary and non-discretionary grants/ allocations to State Govt./ NGOs/other institutions | Not Applicable | |
| 2.4.2 | Annual accounts of all legal entities who are provided grants by public authorities | ||
| 2.5 | Particulars of Recipients of Concessions, Permits of Authorizations granted by the Public Authority [Section 4(1) (b) (xiii)] | ||
| 2.5.1 | Concessions, permits or authorizations granted by public authority | Not Applicable | |
| 2.5.2 | For each concession, permit or authorization granted - (a) Eligibility criteria, (b) Procedure for getting the concession/ grant and/ or permits of authorizations, (c) Name and address of the recipients given concessions/permits or authorizations, (d) Date of award of concessions/ permits of authorizations | ||
| 2.6 | CAG & PAC Paras [F No. 1/6/2011- IR dt. 15.4.2013] | ||
| 2.6.1 | CAG and PAC paras and the action taken reports (ATRs) after these have been laid on the table of both houses of the parliament. |
Annual Report of GIC Re for FY 2024-25 was laid in Lok Sabha on 08.12.2025 and in Rajya Sabha on 09.12. 2025. Please click here to view CAG comments and the Action Taken Reports (ATRs) for FY 2024-25 |
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Organisation and Function
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SR. No |
Details of disclosure |
Remarks |
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1 |
Organisation and Function |
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1.1 |
Particulars of its organisation, functions and duties [Section 4(1)(b)(i)] |
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1.1.1 |
Name and address of the Organization |
General Insurance Corporation of India,"Suraksha",170, Jamshedji Tata Road, Churchgate, Mumbai - 400 020, India. For more details please click here. |
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1.1.2 |
Head of the organization |
Please click here to view the Profile of the Chairman and Managing Director. |
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1.1.3 |
Vision, Mission and Key Objectives |
Please click here to view the Vision & Mission. Key objectives of GIC Re |
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1.1.4 |
Functions and Duties |
Please click here to view the Reinsurance Business for Domestic. Please click here to view the Reinsurance Business for International. |
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1.1.5 |
Organization Chart |
Please click here to view the Organization Chart. |
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1.1.6 |
Any other details-the genesis, inception, formation of the department and the HoDs from time to time as well as the committees/ Commissions consulted from time to time have been dealt |
Please click here to view the History. For committees please click here For formation of the department please click here |
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1.2 |
Power and Duties of its Officers and Employees [Section 4(1) (b)(ii)] |
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1.2.1 |
Powers and Duties of Officers (administrative, financial and judicial) |
Please click here to view the Powers and Duties of the Officers and Supervisory, Clerical & Sub-ordinate Staff. Please click on the below mentioned link for Powers and Duties of Officers (administrative, financial and judicial) The General Insurance (Conduct, Discipline and Appeal) Rules, 2014 |
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1.2.2 |
Power and Duties of other Employees |
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1.2.3 |
Rules/ orders under which powers and duty are derived |
Please click here to view rules/ orders under which powers and duty are derived. |
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1.2.4 |
Exercised |
Please click here to view the Norms set for Discharge of Functions. Please click here to view Policies and Guidelines. Please click here to view the Regulatory Framework. |
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1.2.5 |
Work allocation |
Please click here to view work allocation of Key Managerial Persons. Please click here to view work allocation of Management Executives. |
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1.3 |
Procedure followed in decision-making process [Section 4(1)(b)(iii)] |
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1.3.1 |
Process of decision making Identify key decision-making points |
Please click here to view Decision making process. |
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1.3.2 |
Final decision-making authority |
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1.3.3 |
Related provisions, acts, rules etc. |
Please click here to view the Norms set for Discharge of Functions. Please click here to view Policies and Guidelines. Please click here to view the Regulatory Framework. |
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1.3.4 |
Time limit for taking decisions, if any |
Every policy has its own time limits. Please click here to view Policies and Guidelines. |
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1.3.5 |
Channel of supervision and accountability |
Please click here. |
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1.4 |
Norms for Discharge of Functions [Section 4(1)(b)(iv)] |
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1.4.1 |
Nature of functions/ services offered |
Please click here to view the Reinsurance Business for Domestic. Please click here to view the Reinsurance Business for International. Please click here to view the Gazette Notification. |
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1.4.2 |
Norms/ standards for functions/ service delivery |
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1.4.3 |
Process by which these services can be accessed |
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1.4.4 |
Time-limit for achieving the targets |
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1.4.5 |
Process of redressal of grievances |
Grievance redressal mechanism 1. Click Here Vigilance Complaint Portal 2. Click Here CPGRAMS Portal 3. Click Here RTI Online Portal 4. Click Here to view the details of the Internal Complaints Committee on Caste-based Discrimination and Sexual Harassment. click here to view Grievance Page. |
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1.5 |
Rules, Regulations, Instructions Manual and Records for Discharging Functions [Section 4(1)(b)(v)] |
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1.5.1 |
Title and nature of the record/ manual /instruction |
Please click here to view the norms set for discharge of functions. Please click here to view policies and guidelines. Please click here to view Regulatory Guidelines. |
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1.5.2 |
List of Rules, regulations,instructions manuals and records. |
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1.5.3 |
Acts/ Rules manuals etc. |
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1.5.4 |
Transfer Policy and Transfer Orders |
Please click here to view the Transfer Policy. Please click here to view the Transfer Orders. |
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1.6 |
Categories of Documents held by the Authority under its Control [Section 4(1)(b) (vi)] |
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1.6.1 |
Categories of documents |
Please click here to view a statement of the categories of the Documents Held by GIC Re or Under Its Control. |
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1.6.2 |
Custodian of documents / categories |
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1.7 |
Boards, Councils, Committees and other Bodies constituted as part of the Public Authority [Section 4(1)(b)(viii)] |
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1.7.1 |
Name of Boards, Council, Committee etc. |
Please click here to view the details. |
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1.7.2 |
Composition |
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1.7.3 |
Dates from which constituted |
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1.7.4 |
Term / Tenure |
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1.7.5 |
Powers and Functions |
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1.7.6 |
Whether their meetings are open to the public? |
The minutes of the meetings are confidential documents and not open to public. |
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1.7.7 |
Whether the minutes of the meetings are open to the public? |
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1.7.8 |
Place where the minutes if open to the public are available? |
Not Applicable |
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1.8 |
Directory of Officers and Employees [Section 4(1) (b) (ix)] |
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1.8.1 |
Name and designation |
Please click here for the details |
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1.8.2 |
Telephone, fax and email |
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1.9 |
Monthly Remuneration received by Officers and Employees including system of compensation [Section 4(1) (b) (x)] |
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1.9.1 |
List of employees with Gross monthly remuneration |
Please click here to view the Scale wise monthly remuneration. |
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1.9.2 |
System of compensation as provided in its regulations |
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1.10 |
Name, Designation and other particulars of Public Information Officers [Section 4(1) (b) (xvi)] |
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1.10.1 |
Name and designation of the Central Public Information Officer (CPIO), Assistant Public Information Officer (APIO) and Appellate Authority |
Please click here to view the details of Public Information Officer. |
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1.10.2 |
Address, telephone numbers and email of each designated official |
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1.11 |
No. of employees against whom Disciplinary Action has been proposed / taken [Section 4(2)] |
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1.11.1 |
No. of employees against whom disciplinary action has been (i) Pending for Minor penalty or major penalty proceedings |
Please click here to see the details. |
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1.11.2 |
(ii) Finalised for Minor penalty or major penalty proceedings |
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1.12 |
Programmes to Advance Understanding of RTI [Section 26] |
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|
1.12.1 |
Educational Programmes |
GIC Re recently organized a specialized RTI (Right to Information) Awareness Campaign held in the Office premises for support staff on 17.03.2026. The initiative was designed to empower the corporation’s support personnel by fostering a deeper understanding of their rights and responsibilities under the RTI Act, ensuring transparency and civic awareness at all levels of the organization. The programme was attended by the CPIO, FAA and the RTI Team as well. A detailed report is attached below.
CPIO has completed the 04 days of training programme on RTI Act from 23.12.2024 to 27.12.2024 organised by NPC. Additionally, three members of the RTI team have attended 2 RTI trainings- i) A 05-day training programme on RTI Act from 15.12.2025 to 19.12.2025 organised by NPC and ii) A 04-day training programme on RTI Act from 22.12.2025 to 26.12.2025 organised by NPC.” |
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1.12.2 |
Efforts to encourage public authority to participate in these programmes |
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1.12.3 |
Training of CPIO/APIO |
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1.12.4 |
Update & publish guidelines on RTI by the Public Authorities concerned |
Please click here. |
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1.13 |
Transfer Policy and Transfer Orders [F No. 1/6/2011- IR dt. 15.4.2013] |
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|
1.13.1 |
Transfer Policy and Transfer Orders [F No. 1/6/2011- IR Dt. 15.4.2013] |
Please click here to view the Transfer Policy. Please click here to view the Transfer Orders. |
Recognition of GIC Re as One of the "Dream Companies to Work For" by World HRD Congress
GIC Re, IIO - GIFT CITY
地址
GIC Re, IIO - GIFT CITY,单位 704,Hiranandani-Signature,大楼 13B,街区 13,1-C 路,区域 1,GIFT SEZ,甘地讷格尔,382355。
电话: 91-79-6674-0050
地域范围:
- 中东地区:沙特阿拉伯、科威特、巴林、巴基斯坦、黎巴嫩、巴勒斯坦、阿联酋、叙利亚、阿曼、卡塔尔、约旦、伊拉克、也门、乌克兰
- 独联体国家:哈萨克斯坦、吉尔吉斯斯坦、塔吉克斯坦、土库曼斯坦、乌兹别克斯坦、亚美尼亚、阿塞拜疆、格鲁吉亚、摩尔多瓦、立陶宛、拉脱维亚、爱沙尼亚
- 全球范围:适用于直接(保险)海运 FAC & 石油能源,以及直接(保险)航空业务类别
| 承保能力(再保险) | |||||
|---|---|---|---|---|---|
| 中东地区 | |||||
| 业务类别 | 承保能力 - 百万美元 | ||||
| 合约再保险 | 临时再保险 | ||||
| 比例 | 非比例 | ||||
| 保险金额(S.I) | 最大可能损失(PML) | 非比例 | 保险金额(S.I) | 最大可能损失(PML) | |
| 财产与工程(包括再塔卡福,但不包括美国、加拿大和纯粹复保) | 12 | 6 | 25 | 50 | 20 |
| 杂项、健康及个人意外险(PA) | 10 | 无 | 25 | 50 | 无 |
| 责任险 | 3 | 无 | 4 | 5 | 无 |
| 机动车及工伤保险(WC) | 10 | 无 | 10 | 5 | 无 |
| 信用再保险 | 3(仅限于合约再保险组合的一部分) | 无 | |||
| 海上船体与能源保险 | 2.5 | ||||
| 海运货物保险 | 5 | ||||
| 独联体国家 | |||||
| 财产与工程 | 10 | 4 | 10 | 50 | 20 |
| 可承保除火灾与工程以外的其他业务类别,前提是这些类别属于合约再保险的一部分 | |||||
| 全球(不包括印度) | |||||
| 航空直接承保(仅限保险临分) | |||||
| 类别 | 机身保险 | 责任保险 | 备注 | ||
| 国际(非美国),航空公司 | 1,500 | 7,500 | — | ||
| 国际(美国),航空公司 | 750 | 5,000 | — | ||
| 国际(非美国),通用航空 | 750 | 5,000 | — | ||
| 南亚区域合作联盟通用航空 | 750 | 5,000 | — | ||
| 海运船舶、货运与能源直接承保(仅限保险临分) | |||||
| 海运船舶与货运 | 1,250 | ||||
| 能源 | 5,000 | ||||
电子邮件地址:
- 承保与其他事宜:giftiio[at]gicre[dot]in
- 财务与信用控制:accountsgicg[at]gicre[dot]in
- 理赔:claimsgicg[at]gicre[dot]in
分公司负责人、首席官员和指定董事(AML / CFT):
- 女士 Suchita Kudtarkar: suchitak[at]gicre[dot]in
首席官员(AML / CFT):
- 先生 Sunder Singh: sunder[at]gicre[dot]in
首席承保官(CUO):
- 先生 Khelendra K. Badgot: khelendrab[at]gicre[dot]in
首席财务官(CFO):
- 先生 Bhupendra Singh: bhupendras[at]gicre[dot]in

Ranked 9thLargest Global Reinsurer Group(Non-IFRS 17 Reporting Reinsurer- compiled by AM Best)






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