Title Zip/Rar Files PDF Files
47th Annual Report 2018-19 - PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(8.0MB)
43rd Annual Report - 2014-15 - PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(13.2MB)
42nd Annual Report - 2013-14 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(7.43MB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(8.64MB)
41st Annual Report - 2012-13 - PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(3.76MB)
40th Annual Report 2011-12 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(2.40MB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(3.76MB)
39th Annual Report 2010-11 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(2.91MB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(3.71MB)
38th Annual Report 2009-10 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(1.90MB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(2.21MB)
37th Annual Report 2008-09 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(5.1MB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(10.9MB)
36th Annual Report 2007-08 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(6.91MB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(7.56MB)
35th Annual Report 2006-07 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(3.2MB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(8.28MB)
34th Annual Report 2005-06 - -
33rd Annual Report 2004-05 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(1.00MB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(1.18MB)
32nd Annual Report 2003-04 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(864KB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(1.20MB)
31st Annual Report 2002-03 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(384KB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(503KB)
30th Annual Report 2001-02 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(920KB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(2.62MB)
29th Annual Report 2000-01 7-Zip file that opens in new window. To know how to open 7-Zip file refer Help section located at bottom of the site.(137KB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(193KB.)
P&L Account for the year ended 31st March, 2020
Particular Schedule Current Year Previous Year
(` '000) (` '000)
1. Operating Profit/-Loss
(a) Fire Insurance
4788 292
(5394 182)
(b) Marine Insurance
(2431 144)
4004 048
(c) Miscellaneous Insurance
12249 494
(6982 535)
(d) Life Insurance
(1249 129)
286 963
2. Income from Investments
(a) Interest, Dividend & Rent - Gross
10534 985
9070 466
(b) Profit on sale of Investments
9431 592
6598 301
Less: Loss of sale of Investment 0 0
3. Other Income:
Forex Gain/( Loss) 0 1195 815
Profit on sale of Assets (Net) 262 0
Sundry Balances Written Back (Net) 0 0
Interest on Income-tax Refund
(22 488)
0
(Provision) / Doubtful Debts written back 0 0
Motor Pool Service Charges 0 0
Miscellaneous Receipts
22 684
19 046
Total (A)
33324 548
8797 922
4. Provision for Doubtful Loans & Investment
3509 240
8589 428
5. Provision/(written off) for Doubtful Debts
(3683 288)
1317 127
6 Amortisation of premium on Investments
349 484
315 009
7 Diminution in the value of investments written off
340 251
2256 234
8 Other Expenses :
Expenses relating to Investments
0
0
Forex Loss/(Gain)
623 047
0
(Profit)/Loss on sale of Assets (Net)
0
3 547
Sundry Balances Written off (Net) 4 0
Interest & Others
7 988
1 090
Corporate Social Responsibility Expensess
544 000
775 198
Total (B)
1690 726
13257 633
Profit/(Loss) Before Tax
31633 822
(4459 711)
Provision for Taxation :
Current Tax
12518 300
110 001
Wealth Tax 0 0
MAT Credit
0
0
Deferred Tax
29 176
(182 311)
Fringe Benefit Tax
0
0
Provision for Tax in respect of earlier years
(118 035)
(796 487)
MAT Credit of earlier year
0
0
Profit/ (Loss) After Tax
19204 381
(3590 914)
Appropriations
(a) Balance brought forward from last year
22435 908
40303 305
(b) Interim dividend
0
0
(c) Final dividend
0
11842 200
(d) Dividend distribution tax
0
2434 283
(e) Transfer to General Reserve
0
0
Balance carried forward to Balance Sheet
41640 289
22435 908
Basic and Diluted EPS
10.95
(2.05)
TitleZip/Rar FilesPDF Files
GIC Re Corporate Brochure for 2014 ZIP / RAR file that opens in new window. To know how to open ZIP / RAR file refer Help section located at bottom of the site.(0.89MB) PDF file that opens in new window. To know how to open PDF file refer Help section located at bottom of the site.(0.97MB)
Revenue Account For The Period Ended 31 March 2021 In Respect Of Fire Insurance Business
Particulars Schedule Current Year Previous Year
(` '000) (` '000)
1. Premiums earned (Net) 1
111591 018
90568 870
2. Profit on sale of Investments (Net)
9537 739
6023 232
3. Forex Gain/( Loss)
(519 660)
1108 278
4. Interest, Dividend & Rent - Gross
10653 550
8279 938
Total (A)
131262 647
105980 318
1. Claims Incurred (Net) 2
95347 241
81111 615
2. Commission (Net) 3
30257 334
29350 085
3. Operating Expenses related to Insurance Business 4
869 780
912 800
4. Expenses relating to Investments
0
0
5. Premium Deficiency 0 0
Total (B)
126474 355
111374 500
Operating Profit /- Loss from Fire Business C = (A-B)
4788 292
(5394 182)
APPROPRIATIONS
Transfer to Shareholders' Account
4788 292
(5394 182)
Transfer to Catastrophe Reserve 0 0
Transfer to Other Reserves (to be specified) 0 0
Total (C)
4788 292
(5394 182)
As required by Section 40C (2) of the Insurance Act, 1938, we certify that, all expenses of management, wherever incurred, whether directly or indirectly, in respect of Miscellaneous Insurance Business have been fully debited in the Miscellaneous Insurance Revenue Accounts as expenses.
In Respect of Miscellaneous Insurance Business
Particulars Schedule Current Year Previous Year
(` '000) (` '000)
1. Premiums earned (Net) 1
51255849 576
326924 651
2. Profit on sale of Investments (Net)
20285 977
16034 749
3. Forex Gain/( Loss)
(1340 910)
2887 121
4. Interest, Dividend & Rent - Gross
22659 216
22042 441
Total (A)
297453 859
367888 962
1. Claims Incurred (Net) 2
238429 082
329872 698
2. Commission (Net) 3
45047 348
42372 916
3. Operating Expenses related to Insurance Business 4
1727 935
2625 883
4. Expenses relating to Investments
0
0
5. Premium Deficiency 0 0
Total (B)
285204 365
374871 497
Operating Profit/-Loss from Miscellaneous Business C = (A-B)
12249 494
(6982 535)
APPROPRIATIONS
Transfer to Shareholders' Account
12249 494
(6982 535)
Transfer to Catastrophe Reserve 0 0
Transfer to Other Reserves (to be specified) 0 0
Total (C)
12249 494
(6982 535)
As required by Section 40C (2) of the Insurance Act, 1938, we certify that, all expenses of management, wherever incurred, whether directly or indirectly, in respect of Miscellaneous Insurance Business have been fully debited in the Miscellaneous Insurance Revenue Accounts as expenses.
In Respect of Marine Insurance Business
Particulars Schedule Current Year Previous Year
(` '000) (` '000)
1. Premiums earned (Net) 1
19573 600
16043 131
2. Profit on sale of Investments (Net)
1890 051
1087 250
3. Forex Gain/( Loss)
(126 725)
197 315
4. Interest, Dividend & Rent - Gross

2111 166
1494 607
Total (A)
23448 092
18822 303
1. Claims Incurred (Net) 2
21395 305
11431 957
2. Commission (Net) 3
4362 488
3262 323
3. Operating Expenses related to Insurance Business 4
121 443
123 975
4. Expenses relating to Investments
0
0
5. Premium Deficiency 0 0
Total (B)
25879 236
14818 255
Operating Profit/-Loss from Marine Business C = (A-B)
(2431 144)
4004 048
APPROPRIATIONS
Transfer to Shareholders' Account
(2431 144)
4004 048
Transfer to Catastrophe Reserve 0 0
Transfer to Other Reserves (to be specified) 0 0
Total (C)
(2431 144)
4004 048
As required by Section 40C (2) of the Insurance Act, 1938, we certify that, all expenses of management, wherever incurred, whether directly or indirectly, in respect of Marine Insurance Business have been fully debited in the Marine Insurance Revenue Accounts as expenses.
In Respect of Life Insurance Business
Particulars Schedule Current Year Previous Year
(` '000) (` '000)
1. Premiums earned (Net) 1
11644 737
7917 615
2. Profit on sale of Investments (Net)
521 637
262 707
3. Forex Gain/( Loss)
(34 459)
47 608
4. Interest, Dividend & Rent - Gross
582 663
361 135
Total (A)
12714 578
8589 065
1. Claims Incurred (Net) 2
13365 829
7942 310
2. Commission (Net) 3
176 691
98 173
3. Operating Expenses related to Insurance Business 4
68 225
67 465
4. Expenses relating to Investments
0
0
5. Premium Deficiency 352 962 194 15
Total (B)
13963 707
48302 102
Operating Profit/-Loss from Life Business C = (A-B)
(1249 129)
286 963
APPROPRIATIONS
Transfer to Shareholders' Account
(1249 129)
286 963
Transfer to Catastrophe Reserve - -
Transfer to Other Reserves (to be specified) - -
Total (C)
(1249 129)
286 963
As required by Section 40C (2) of the Insurance Act, 1938, we certify that, all expenses of management, wherever incurred, whether directly or indirectly, in respect of Marine Insurance Business have been fully debited in the Marine Insurance Revenue Accounts as expenses.

Right to Information Act, 2005 - Gazette Notification PDF icon (785KB)

Right to Information Rules, 2012” – GSR. 603 (E) PDF icon (116KB)

RTI Application Format PDF icon (56KB)

Names, Designations and Other Particulars of the Public Information Officers PDF icon (345KB)

Compliance under section 4(2) of the RTI Act, 2005

4.5.1 Grievance redressal mechanism

3.3.1 Use of the most effective means of communication - Internet (website)

3.4.1 Information manual/handbook available in Electronic format

3.5.2 List of materials available At a reasonable cost of the medium

1.12 Programmes to advance understanding of RTI

4.5.5 Details of all contracts entered into including name of the contractor,amount of contract and period of completion of contract(66.9 KB) PDF icon

2.2.3 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.(66.9 KB) PDF icon

5.1.5 Committee of PIOs/FAAs with rich experience in RTI to identify frequently sought information under RTI - (a) Dates from which constituted, (b) Name & Designation of the Officers (213 KB) PDF icon

2.1 Budget allocated to each agency including all plans, proposed expenditure and reports on disbursements made etc

1.7 Boards, Councils, Committees and other Bodies constituted as part of the Public Authority

1.1.3 Key objectives of GIC Re

2.1 Budget allocated to each agency including all plans, proposed expenditure and reports on disbursements made etc (2.7 MB) PDF icon

1.6 Categories of documents held by the authority under its control (197 KB) PDF icon

1.9. Monthly Remuneration received by officers & employees including system of compensation[Section 4(1) (b) (x)]- (211 KB) Click here PDF icon

Transparency Audit of Suo Motu Disclosures for FY 2023-24, CIC Advisory and ATR – (2.9 MB)Click here PDF icon