12-28-2009, 10:59 PM
It is the sole Reinsurance (Reinsurance is a means by which an insurance company can protect itself with other insurance companies against the risk of losses. Individuals and corporations obtain insurance policies to provide protection for various risks (hurricanes, earthquakes, lawsuits, collisions, sickness and death, etc.). Reinsurers, in turn, provide insurance to insurance companies. The company requesting the cover is called the cadent and the reinsurer can be called the ceded, although the latter term is not in common use) company in the domestic reinsurance market in India with more than three decades of experience in the Re-Insurance business.
GIC has its registered office and headquarters in Mumbai.
GIC has its registered office and headquarters in Mumbai.