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GIC Re, third reinsurer in Asia

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Magazine Issue: 
Loss of rationality [3]
Magazine date: 
Jul 2017

General Insurance Corporation of India (GIC Re) has published its turnover ending March 31, 2017. The latter posted a record growth of 87% at 5.2 billion USD.

According to the 2017 report of the rating agency AM Best on global reinsurance, GIC Re would be now the third reinsurer in the Asia zone, behind Korean Re (5.6 billion USD) and China Re, the first Asian reinsurer with 7.8 billion USD.
Globally, GIC Re has gained two places in the 2017 ranking of the top 50 reinsurers and is now the 12th largest reinsurer worldwide.

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Fri, 15/09/2017 - 13:52

Source URL: https://www.atlas-mag.net/en/article/gic-re-third-reinsurer-in-asia

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