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

A- (Excellent) with Stable Outlook Financial Strength Rating by AM Best.

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Press Releases / Interviews / GIC Re in the News

A. M. Best Company has affirmed (11th March 2010) the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of General Insurance Corporation of India (GIC Re). The outlook for both ratings is stable.

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Procurement of Desktop Publishing Software (PDF Viewer and Writer) (Q3) (PAC Only )
Procurement of Ipad And Its Acessories
Procurement of GPU-Enabled Server (GEM/2026/B/7143394)
Procurement and Renewal of IBM WebSphere MQ Processor Licenses (3 Year Annual Technical Support)(GEM/2026/B/7407745)
Procurement of E - Procurement Solution for GIC Re(5 Year Annual Maintenance Support)
CORRINGENDUM TO INVITATION FOR EXPRESSION OF INTEREST FROM QUOTING AND/OR FOLLOW REINSURERS EITHER DIRECTLY OR THROUGH AN INDIAN INTERMEDIARY
Invitation for expression of interest to quote or follow on GIC Re Non-Marine Domestic Retrocession Program 2026-27.
EOI from Interested Reinsurers for participation as Quoting / Follow Market in GIC Re’s Combined Marine & Energy Retrocession Program for 2026-2027 (1.6.2026 to 31.5.2027)
Corrigendum:GEM/2026/B/7430460
Corrigendum on modification of pre-qualification criteria(PQC)-for - Appointment of Consultant for carrying out stress testing of GIC Re
Procurement of Scanning and Digitization Services
Recruitment of CMR (on Contract Basis) | Apr 2026
CPPP Tender –RFP for appointment of Civil Contractor for Electrical Repairs at GIC HO – Suraksha Building - 2026_GIC_275211_1
Pre-Bid Queries and responses - Appointment of Consultant for carrying out stress testing of GIC Re
RFP for the Appointment of Auditor through GeM Portal for FY 2025-26 with provision for renewal for FY 2026-27 & FY 2027-28 for GIC Provident Fund, Gratuity Trust and Pension Trust
CPPP Tender –RFP for appointment of Civil Contractor for Structural Repairs at GIC HO – Suraksha Building - 2026_GIC_274058_1
Corrigendum file for Procurement of GPU-Enabled GeM Tender
INVITATION FOR EXPRESSION OF INTEREST FROM QUOTING & INTERESTED REINSURERS FOR GIC RE’S AVIATION RETROCESSION PROGRAM 2026/27
GeM tender for Procurement of Licenses and services of Compliance Tracking Portal
GeM tender for M365 CoPilot Licenses
Notice inviting Expression of interest to quote and/or participate as follow market on GIC Re’s IMTRIP Excess of Loss (XOL) Reinsurance Program Renewal FY 2026-27
GeM Tender - Procurement of GPU-Enabled Server
GeM Tender –Bid for appointment of PMC for GIC HO Premises
Procurement of Network Equipment and Comprehensive AMC for 5 years
Corrigendums of GeM Tender - Procurement of Scanning and Digitisation Service
GeM Tender - Procurement of Scanning and Digitisation Service
Appointment of Actuarial Apprentices – Nov 2025
Appointment of CISO - NOV 2025
integrity Pledge 2025
GeM Tender –Appointment of service provider for maintenance of fire safety equipment
GeM Tender –Physical Verification of Fixed Assets
GeM tender for Office 365 Extra File Storage
GeM Tender –ITMG and Actuarial Team Strategy Meet
GeM Tender –OSD INTOPS Strategy Meet(GEM/2025/B/6536994)
Appointment of Chief Medical Referee | Detailed Advertisement
Procurement of PIT and SDD Software and AMC for 5 years
GeM Tender – Maintenance of Fire Safety Equipment's
GeM Tender – Facility Management Services
GeM Bid – Desktop Computers
Security Rating - A- (Excellent) with Stable Outlook Financial Strength Rating by AM Best.
GeM Tender – HR Strategy Meet
Appointment of Chief Information Security Officer (CISO) | Detailed Advertisement
Addendum - Invitation For Expression Of Interest From Quoting Reinsurers And/or Follow Reinsurers – Gic Re's Non-marine Foreign Cat Xol Retrocession Programme 2025-26
Invitation for expression of interest to quote or follow on GIC Re Non-marine Domestic & Foreign Combined Retrocession Programme for 2025-26
INVITATION FOR EXPRESSION OF INTEREST FROM QUOTING REINSURERS AND/OR FOLLOW REINSURERS – GIC RE's NON-MARINE FOREIGN CAT XOL RETROCESSION PROGRAMME 2025-26
Invitation for expression of interest to quote or follow on GIC Re Non-marine Domestic Retrocession Program 2025-26
Recruitment of Assistant Managers | Declaration of Result of GD & Interview
Recruitment of Assistant Managers | Final Cut-Off Marks of the candidates selected for Pre-Employment Medical Examination
Prebid Query Responses for SAP S4HANA Conversion
GeM tender for SAP S4HANA Conversion
Recruitment of Assistant Managers | List of Candidates Shortlisted for GD & Interview
Recruitment of Assistant Managers | List of Candidates shortlisted for 1st Level Online Interview for Medical Stream
Pre-Bid Query response - GeM tender for India Flood Catastrophe Model as a Service
Procurement of PIT and SDD Software and AMC for 5 years
GeM tender for India Flood Catastrophe Model as a Service
Notice inviting Expression of interest to quote and/or participate as follow market on GIC Re’s IMTRIP Excess of Loss (XOL) Reinsurance Program Renewal FY 2025-26
Recruitment of Assistant Managers | Written Examination | Information Handout | English Version
Recruitment of Assistant Managers | Written Examination | Information Handout | Hindi Version
Recruitment of Assistant Managers | Link to Download Call Letter
Recruitment of Assistant Managers | Download of Call Letter for Written Examination
Recruitment of Assistant Managers | Link to Training Portal
Recruitment of Assistant Managers | English Notification | Pre-Recruitment Training Notification
Recruitment of Assistant Managers | Hindi Notification | Pre-Recruitment Training Notification
Recruitment of Assistant Managers | Frequently Asked Questions (FAQs)
Recruitment of Assistant Managers | Corrigendum
Recruitment of Assistant Managers | Registration Link
Interview of Ramaswamy Narayanan (CMD,GIC Re) at Monte Carlo RVS (source:-AM Best TV)
Pre bid queries response - ACTUARIAL RESERVING SOFTWARE
Corrigendum- IndAS 117 and 109 Implementation - Extension of Bid submission and change in commercial format
GeM Custom Bid - Implementation of SAP Risk Management and Process Control
Response to Pre-Bid Queries - GeM tender for Implementation of IndAS 117 and 109
Custom Bid for Services - ACTURIAL RESERVING SOFTWARE
Implementation of Ind AS 117 and 109
GIC Re invites bid for Reserving Software via GeM tender
GIC Re – Audited Financial Results for the year ended 31st March 2024.
Pre-Bid query responses for GeM tender - Implementation of SAP Risk Management and Process Control
Pre-Bid meeting for GeM tender - Implementation of SAP Risk Management and Process Control
GeM tender for Global Catastrophe Modelling Software
Addendum to “Invitation for expression of interest to quote or follow on GIC Re's Non Marine domestic retrocession program 2024-25”
GeM Tender – Custom Bid for Services – SA P Risk Management and Process Control
EOI from Interested Reinsurers for participation as Quoting / Follow Market in GIC Re’s Combined Marine & Energy Retrocession Program for 2024-25 (1.6.2024 to 31.5.2025)
CPP Tender – Retender for Construction of Fire Escape Staircase at GIC Re Head Office
Appointment of Canteen/Cafeteria Service Provider
RFP for Hosting & Management of GIC Re Hybrid Cloud Infrastructure
Corrigendum No. 002 - Tender for Internal Auditor Appointment - FY 2022- 23
Corrigendum No. 001 - Tender for Internal Auditor Appointment - FY 2022- 23
Tender for Internal Auditor Appointment - FY 2022-23 - IAD
Tender for Secretarial Auditor Appointment - FY 2022-23
Corrigendum -3 for Revised Request for Proposal (RFP) Appointment of Consultant for Design, Implementation & Support for Transformation of HR Processes including Digital Transformation
Reply to pre bid queries - Revised Request for Proposal (RFP) Appointment of Consultant for Design, Implementation & Support for Transformation of HR Processes including Digital Transformation
Corrigendum -2 for Revised Request for Proposal (RFP) Appointment of Consultant for Design, Implementation & Support for Transformation of HR Processes including Digital Transformation
Corrigendum -1 for Revised Request for Proposal (RFP) Appointment of Consultant for Design, Implementation & Support for Transformation of HR Processes including Digital Transformation
EOI from Quoting Reinsurers for GIC Re’s Combined Marine & Energy Retrocession Program for 2023-24 (1.6.2023 to 31.5.2024)
EOI from Interested Reinsurers for participation as Follow Market in GIC Re’s Combined Marine & Energy Retrocession Program for 2023-24 (1.6.2023 to 31.5.2024)
Agri Stop Loss Protection Programme 2023-24 – EOI for Follow Markets
Agri Stop Loss Protection Programme 2023-24 - Addendum
Agri Stop Loss Protection Programme 2023-24
Broker empanelment tender and application form
Reply To Queries For Broker empanelment
Cancellation RFP for WLAN Infrastructure Implementation & in-House DC Modernization with Support (RFP Ref: GICRE/ITMG/RFP/WLAN/01/2022-23)
GeM tender for Microsoft 365 Services (GEM/2022/B/2013862)
Corrigendum 3 :: Extension of bid submission to RFP for SAP ECC Oracle DB to SAP HANA DB Migration and Suite on HANA (SoH) Implementation (Ref: GICRE/ITMG/RFP/HANADB/02/2022-23)
Agri Stop Loss Protection Programme 2022-23
Corrigendum to EOI from Interested Reinsurers for participation as Follow Market in GIC Re’s Combined Marine & Energy Retrocession Program for 2022-23 (1.6.2022 to 31.5.2023)
Recruitment of Assistant Managers | Detailed Advertisement
GeM Tender – Finance Conclave 2024-25
GeM Tender – Investment Meet 2024-25

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Press Releases / Interviews / GIC Re in the News

A.M. Best Co. reaffirms A -(Excellent) Rating to GIC Reinsurer

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Press Releases / Interviews / GIC Re in the News

A.M. Best Co. reaffirms A -(Excellent) Rating to GIC Reinsurer

Quick Links