GIC Re’s underwriting loss narrows for H1’24, CoR stands at 111.64%

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Reinsurance News - Nov 15, 2024

GIC Re, the Indian public sector reinsurer, has reported an underwriting loss of approximately ₹2,376.95 crore for the half year ended on September 30th, 2024, (H1 2024), as compared to a loss of around ₹3,029.04 crore for the same period in 2023. The reinsurer’s combined ratio improved slightly at...

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