General Insurance Corporation of India has appointed V. Balkrishna, General Manager as Chief Financial Officer & Key Managerial Personnel of the Corporation in place of Jayashree Ranade, General Manager, CFO & KMP of the Corporation, who will be retiring from the service on 30 April 2024. The appointment shall be effective from 01 May 2024. Powered by Capital Market - Live News

General Insurance Corporation of India will hold a meeting of the Board of Directors of the Company on 15 April 2024.Powered by Capital Market - Live News

General Insurance Corporation of India has received reaffirmation in credit ratings at CARE AAA; Stable from CARE Ratings. Powered by Capital Market - Live News

Net profit of General Insurance Corporation of India rose 16.77% to Rs 1438.84 crore in the quarter ended December 2023 as against Rs 1232.25 crore during the previous quarter ended December 2022. Sales declined 10.09% to Rs 7780.23 crore in the quarter ended December 2023 as against Rs 8653.43 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales7780.238653.43 -10 OPM %17.3211.39 - PBDT1820.221304.54 40 PBT1820.221304.54 40 NP1438.841232.25 17 Powered by Capital Market - Live News

Net profit of General Insurance Corporation of India rose 26.60% to Rs 1517.96 crore in the quarter ended December 2023 as against Rs 1198.99 crore during the previous quarter ended December 2022. Sales declined 10.30% to Rs 7758.28 crore in the quarter ended December 2023 as against Rs 8648.76 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales7758.288648.76 -10 OPM %18.6411.34 - PBDT1923.821295.08 49 PBT1923.821295.08 49 NP1517.961198.99 27 Powered by Capital Market - Live News