GIC Re’s COR improves to 109.3% for FY 2022

May 29 2023 by

For the financial year ending March 31, 2023 (FY 2022), India’s GIC Re saw its underwriting loss reduce to Rs23.4 billion (US$283.4 million) for FY 2022 as compared to Rs42.66 billion for FY 2021.

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