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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.

GIC Re has in the capacity of a FDI partner, associated with established Bhutanese promoters (who have also promoted companies in the manufacturing sector and also a bank) for formation of the maiden reinsurance company in Bhutan...

Team GIC Re led by Mr. Ashok K Roy visited Nepal from 5th June to 8th June this year. The focus of the visit was to re-strengthen the relations between Nepalese Insurance Industry and GIC Re.

Kazakhstan is a growing and potential market for oil and energy business. The country has the second largest oil reserves among the former Soviet republics and it is aiming to become one of the world's top oil exporters in the next decade.

‘Necessity is the Mother of Invention’ and ‘Self Help is the Best Help’ are two adages that have been proved right time and again in case of Indian insurance sector...