Regulatory Framework | General Insurance Corporation of India

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Ranked
10th 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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Regulatory Framework

The functioning of GIC has to be within the regulations of the following major Acts:

Memorandum and Articles of Association of the Corporation (2.1MB)
IRDAI Obligatory Cessions Gazette (312KB)
The Companies Act, 2013 (2.84MB)
Insurance Act, 1938 (970KB)
General Insurance Business (Nationalisation) Act, 1972 (334KB)
General Insurance Business (Nationalisation) Amendment Act. 2002 (182KB)
Insurance Regulatory and Development Authority Act, 1999 (142KB)

Page last updated on: 25/06/2026

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10th rank

Ranked 10thLargest Global Reinsurer Group(Non-IFRS 17 Reporting Reinsurer- compiled by AM Best)