We now maintain accomplished heavy pruning in crop portfolio: GIC Re chairman & MD Srivastava

We now maintain accomplished heavy pruning in crop portfolio: GIC Re chairman & MD Srivastava

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We are in a position to be searching out for to prune our portfolio to label GIC Re a extra fit entity, talked about MD Srivastava

Subject matters

GIC-RE | privatisation | Existence Insurance

With reports of privatisation doing the rounds, shares of GIC Re maintain gained bigger than 40 per cent in a fortnight. DEVESH SRIVASTAVA, chairman and managing director, GIC Re, in conversation with Subrata Panda speaks about how the company is consolidating its industry to attain a mixed ratio of shut to 100 per cent. Edited excerpts: Reinsurers maintain raised rates on term plans.

Has GIC Re also raised rates within the term portfolio? We are no longer price drivers. Existence insurance coverage is a extraordinarily miniature share of our industry — it is about 1 per cent. For all times portfolio, there are enough …

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First Printed: Sat, March 06 2021. 06: 10 IST

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