Chairman's Message

Dear Colleagues,
On this first day of 2014, I wish you and your family safe, healthy, prosperous and very Happy New Year.
2013 was a year of performance for us at GIC Re. We recorded the highest ever profit, declared the highest ever dividend, established a joint venture reinsurance company in Bhutan, are very actively pursuing to upgrade our status in Brazil and are on the verge of establishing our presence in South Africa as well. In short 2013 has been a happening year at GIC Re!
I give the entire credit for all these to 'YOU', who are our core strength. Your good work, in whichever department you are deployed, has enabled us to reach this position. After all it is the team work that matters.
Future is always full of challenges, some known and some unknown. I am optimistic that collectively we will create more milestones in 2014 as well, surmounting challenges.
I can assure you that Management will never be found wanting In creating the right atmosphere for things to happen and am confident that you will make the best use of the opportunities being provided and together we shall strive to remain healthy, competitive and improve our position in the comity of reinsurers.
With that confidence I once again extend my best wishes to you and your family for good health and happiness in 2014.
With Best Wishes,
Ashok K Roy
Chairman-cum-Managing Director