GIC Re
GIC Re sees profit surge 24% YoY in H1 2024
GIC Re sees profit surge 24% YoY in H1 2024
Meanwhile, underwriting loss reduced to ₹2,376.95 crore.
GIC Re witnesses premium income fall in 9M’23
Its premium income fell to INR28,458.1 crore.
GIC Re posts $268.3m net profit for FY2021
Gross premiums during that period fell 7.1%.
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From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
