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9th Largest Global Reinsurer
Group(Non-IFRS 17 Reporting Reinsurer- compiled by AM Best)
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A- (Excellent) with Stable Outlook Financial Strength Rating by AM Best.
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GIC Re – IFSC Insurance Office (IIO)

GIC Re, IIO - GIFT CITY

Address

GIC Re, IIO - GIFT CITY, Unit no. 704, Hiranandani-Signature, Building 13B, Block 13,Road 1-C, Zone - 1, GIFT SEZ, Gandhinagar, 382355.
Tel: 91-79-6674-0050

Territorial Scope:

Underwriting capacities:

CAPACITY (Reinsurance)
MIDDLE EAST
Class of Business Capacity - USD million
Treaty Facultative
Prop Non-Prop
On S.I On PML On S.I On PML
Property & Engineering including Re-takaful but excluding USA, Canada, and Pure Retro 12 6 25 50 20
Misc, Health and PA 10 NIL 25 50 NIL
Liability 3 NIL 4 5 NIL
Motor & WC 10 NIL 10 5 NIL
Credit Re 3 (Only if part of Bouquet of Treaties) NIL
Marine Hull & Energy 2.5
Marine Cargo 5
CIS COUNTRIES
Class of Business Capacity - USD
Treaty Facultative
Prop Non-Prop
On S.I On PML On S.I On PML
Property & Engineering 10 4 10 50 20
Can underwrite Other classes of business in addition to Fire & Engineering wherein these form part of a bouquet treaty

Worldwide (Except India)
AVIATION DIRECT INWARD (Insurance FAC Only)
HULL LIABILITY
INTERNATIONAL-NON-US, AIRLINES 15 75
INTERNATIONAL-US, AIRLINES 7.5 50
INTERNATIONAL-NON-US, GENERAL AVIATION (other than SAARC) 7.5 50
GENERAL AVIATION SAARC 7.5 50

MARINE HULL, CARGO & ENERGY DIRECT INWARD (Insurance FAC Only)
Marine Hull & Cargo 12.5
Energy 50

Email IDs:

Branch in charge, Principal Officer & Designated Director (AML / CFT):

Principal Officer (AML / CFT):

Chief Underwriting officer (CUO):

Chief Finance officer (CFO):

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Page last updated on: 08/04/2025
Visitors : 18396886
 

9th-rank

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

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