Management

Mr. Ashok Kumar Roy

Mr. K Sanath Kumar
General Manager & Director,
General Insurance Corporation of India
‘Suraksha’, 170, J Tata Road, Churchgate Mumbai 400020
Tel: +91 22 22867592
Fax: 22867591
Email: cmd@gicofindia.com

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Board of Directors

Mr. Devesh Srivastava

Mr. Devesh Srivastava
Chairman-cum-Managing Director
General Insurance Corporation of India
Suraksha Bldg., 170 J T Road, Churchgate, MumbaiTel: +91 22 22867591/2Email: devesh@gicofindia.com

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Mr. D. Sarkar

Mr. D. Sarkar
Chairman & Managing Director
Union Bank of India,
170 J T Road, Nariman Point, Mumbai

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Mr. Sunil Soni

Mr. Sunil Soni
IAS
Additional Secretary, Department of Financial Services,
Ministry of Finance,
Jeevan Deep, 3rd Floor, 10, Sansad Marg
New Delhi 110 001
Tel: +91 11 23748773

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Mr. S B Mathur

Mr. S B Mathur
Secretary General
Life Insurance Council,
4th floor, Jeevan Seva Annexe Building,
Santacruz [W] Mumbai 400 054

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Mr. G. Srinivasan

Mr. G. Srinivasann
Chairman-cum-Managing Director
United India Insurance Company Limited

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Mr. S.K. Kapoor

Mr. S.K. Kapoor
Partner S K Kapoor & Co. Chartered Accountants
16/98, LIC Building, The Mall, Kanpur
Tel: 2372244, 2530322, 2530017,3261222
Fax: 2372244

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Dr Sunil Gupta

Dr Sunil Gupta
Partner in M/s Sunil Ram & Co. Ghaziabad

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Financial Performance Summary (Amounts in Crores)
IN CRORES
Years Gross Premium Earned Premium Incurred Claims Net Commission PBT PAT Total Assets Dividend % Combined Ratio
2001-02 3282 2438 2295 636 357 307 10379 20 121.2
2002-03 4515 3186 2744 909 343 261 11695 22 115.6
2003-04 4641 3992 2895 1072 1277 1038 16441 30 100.2
2004-05 5122 4374 3703 1207 800 200 19552 30 113.2
2005-06 4881 4459 4573 1103 443 599 26424 20 128.3
2006-07 7404 5264 3623 1670 1789 1531 28524 72 101.4
2007-08 9316 7229 6011 2090 1067 993 36013 46 112.8
2008-09 8061 7806 6217 1749 1812 1407 30020 65 102.8
2009-10 9737 8076 6856 1930 1290 1775 43842 82 109.7
2010-11 11681 9544 8626 1926 1189 1033 49729 48 111.4
2011-12 13618 11316 14128 2282 -2490.67 (-)2468.75 53731 0 142.7
2012-13 15086 13322 10942 2906 2382 2345 59940 109 106.5
2013-14 14680 13609 12107 2449 2303 2253 66992 104.5 110.3
2014-15 15183 13558 11891 2784 2827 2693 78093 125.61 109
2015-16 18435 15172 12900 3490 2956 2848 79732 200 107.4
2016-17 33585 26714 21646 5404 3624 3127 94949 233 99.7
2017-18 41799 38096 32954 6370 3668 3233 110227 270 103.8
2019-20 51030 44145 43036 7508 -446 -359 116196 6.75 114.38
2020-21 47,014 42,197 36,854 7,984 3163 1920 134661 0 112.03

The information system of the website is accessible executives with different speech recognition software, such as Dragon Naturally Speaking as well as Speech Recognition support available in Windows Vista and Windows 7 operating systems. This will enable people with mobility impairments, people with visual impairments and senior citizens access the website using assistive technologies, such as speech recognition software.

Following table lists the information about different speech recognition software:

Information related to Speech Recognition Software

Speech Recognition SoftwareWebsiteFree / Commercial
Dragon Naturally Speaking http://www.nuance.com/naturallyspeaking/products/default.asp (External website that opens in a new window) External website that opens in a new window Commercial
Windows Speech Recognition in Windows Vista http://www.microsoft.com/enable/products/windowsvista/speech.aspx (External website that opens in a new window) External website that opens in a new window Commercial
Speech Recognition in Windows 7 http://www.microsoft.com/enable/products/windows7 (External website that opens in a new window) External website that opens in a new window Commercial

The then Union Finance Minister Mr. Pranab Mukherjee reviewed the performance of Public Sector Insurance Companies, including LIC, GIC Re and Agriculture Insurance Company of India Limited, during fiscal 2011-12 in a meeting held at New Delhi on the 13th of June 2012. The CEOs of the insurance companies including the Life Insurance Corporation of India and General Insurance Corporation of India were present on the occasion...

The information contained in this website has been prepared solely for the purpose of providing information about General Insurance Corporation of India (GIC of India) to interested parties, and is not in any way binding on GIC of India.

This website has been compiled in good faith, but no representation is made or warranty given (either express or implied) as to the completeness or accuracy of the information it contains.

While all the efforts have been taken to make this website as authentic as possible, please refer to the print versions, notified copies of Acts/Rules/Regulations for authentic version. GIC of India will not be responsible for any loss to any person/ entity caused by any shortcoming, defect or inaccuracy inadvertently or otherwise crept in to the website. Any discrepancy may be brought to the notice of GIC of India.

The Website is maintained by GIC of India and your use of any part of the Website is subject to the Terms and Conditions available herein and all applicable Indian laws.

The materials and content available on the Website are provided without warranties of any kind, either express or implied, and GIC of India specifically disclaims all warranties, including implied warranties of merchantability or fitness for any purpose. GIC of India does not make any representation or warranty regarding the use, or the results of the use, of the materials and content available on the Website in terms of accuracy, reliability or otherwise.

The Website may contain links to other websites, web-pages and services and your use of each website is also subject to the Terms and Conditions and other terms and guidelines, if any, contained within each Site. GIC of India disclaims all liability for the content and/or materials available on such other sites.

The information contained in this website has been prepared solely for the purpose of providing information about General Insurance Corporation of India (GIC of India) to interested parties, and is not in any way binding on GIC of India.

This website has been compiled in good faith, but no representation is made or warranty given (either express or implied) as to the completeness or accuracy of the information it contains.

While all the efforts have been taken to make this website as authentic as possible, please refer to the print versions, notified copies of Acts/Rules/Regulations for authentic version. GIC of India will not be responsible for any loss to any person/ entity caused by any shortcoming, defect or inaccuracy inadvertently or otherwise crept in to the website. Any discrepancy may be brought to the notice of GIC of India.

The Website is maintained by GIC of India and your use of any part of the Website is subject to the Terms and Conditions available herein and all applicable Indian laws.

The materials and content available on the Website are provided without warranties of any kind, either express or implied, and GIC of India specifically disclaims all warranties, including implied warranties of merchantability or fitness for any purpose. GIC of India does not make any representation or warranty regarding the use, or the results of the use, of the materials and content available on the Website in terms of accuracy, reliability or otherwise.

The Website may contain links to other websites, web-pages and services and your use of each website is also subject to the Terms and Conditions and other terms and guidelines, if any, contained within each Site. GIC of India disclaims all liability for the content and/or materials available on such other sites.

Page last updated on: 07/05/2026
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9th rank

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