Gic Re News

Yemen's Houthi rebels have seized the strategic Red Sea islands of Greater and Lesser Hanish, near the Bab al-Mandab strait. This move reinforces the group's co

Yemen's Houthi rebels have reportedly seized the strategic islands of Greater and Lesser Hanish in the southern Red Sea.

Yemen's Houthi rebels have reportedly seized control of the key islands of Greater Hanish and Lesser Hanish in the southern Red Sea, according to government and

India-China relations are currently focused on border peace, boosting trade, and a strategic reset.

Yemen's Houthi rebels have captured a strategic Red Sea island, threatening Saudi oil exports and prompting Saudi Arabia to shut down a major oil pipeline as a

Yemen's Houthis have taken control of the entire Red Sea coast and three strategic islands, a move expected to intensify the Middle East war's impact on global

Houthi rebels in Yemen have seized a strategic island at the southern entrance to the Red Sea, escalating conflict and threatening Saudi oil exports, leading Sa

Yemen's Houthi forces have seized control of a Red Sea island located in the Bab al-Mandeb shipping lane, according to local officials and eyewitnesses, complet

Iran-backed Houthi rebels have seized control of Yemen's strategic Red Sea port of Mokha, a vital area for controlling shipping through the Red Sea. The port is

Shares of SBI, GIC Re, and other banks reacted to the news of a cut in NSE's IPO size, with SBI and GIC Re trading flat in early deals.

Yemen's Houthi rebels have seized the strategic Red Sea city of Mocha, delivering a significant blow to the Yemeni government and expanding their control over B

Yemen's Iran-backed Houthis have seized the strategic Red Sea port of Mokha, routing Yemeni government forces and strengthening their position to attack ships i

Small groups of Russian soldiers have been advancing through the drained Kakhovka reservoir since the dam's destruction in June 2023, primarily for reconnaissan

GIC Re's chairman and managing director, Hitesh Joshi, highlighted the competition from GIFT City in his first annual report address. He presented a cautiously

Angel One predicts a 25% upside for GIC Re shares, citing a 6.9% rise in gross premium to Rs 44,007 crore, an improved incurred claims ratio of 85.40%, and a re

ONGC plans to enter crude and petroleum product trading and build a new strategic petroleum reserve in Mangalore, while maintaining its focus on exploration and

Donald Trump reportedly seeks Venezuelan oil to replenish US reserves.

Donald Trump announced that oil from a recent deal with Venezuela will be used to replenish the US strategic reserve.

US President Trump announced a deal to secure Venezuelan oil for the US Strategic Petroleum Reserve, which involves developing untapped oil fields in Venezuela,

The US is reportedly in advanced talks with Venezuela to acquire stakes in over a dozen Venezuelan oil fields, as US strategic oil reserves have fallen to a 40-

The U.S. Strategic Petroleum Reserve has reached a 40-year low, with experts warning that continued depletion could damage the underground salt caverns used for

GIC Re anticipates it will take three to four years to restore its foreign premium to ₹18,000 crore. This delay is attributed to softer reinsurance rates, which

GIC Re reported a 9.7% profit increase to ₹1,922 crore, driven by improved claims management and underwriting, alongside an 8.8% rise in gross premium income.

General Insurance Corporation of India (GIC) reported a 10% year-on-year jump in profit after tax to ₹1,922.04 crore for the quarter ended June 2026. This is an