General Insurance Corp of India 2022 AR2
The report highlights General Insurance Corporation of India's (GIC Re) performance during its golden jubilee year, FY 2021-22. The company recorded a gross premium of ₹43,208.46 crore and a profit after tax of ₹2,005.74 crore, while its solvency ratio improved to 1.96. GIC Re continued its active corporate social responsibility initiatives, spending ₹9.75 crore on projects including healthcare, education, and support for persons with disabilities. Additionally, the company successfully navigated the challenges of the COVID-19 pandemic by implementing robust business continuity plans and upgrading its IT infrastructure.
Company: General Insurance Corp of India
Sector: Finance & insurance
Country: India
Year: 2022
Type: AR2
Pages: 420
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General Insurance Corp of India
Annual Report
The report highlights General Insurance Corporation of India's (GIC Re) performance during its golden jubilee year, FY 2021-22. The company recorded a gross premium of ₹43,208.46 crore and a profit after tax of ₹2,005.74 crore, while its solvency ratio improved to 1.96. GIC Re continued its active corporate social responsibility initiatives, spending ₹9.75 crore on projects including healthcare, education, and support for persons with disabilities. Additionally, the company successfully navigated the challenges of the COVID-19 pandemic by implementing robust business continuity plans and upgrading its IT infrastructure.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees