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General Insurance Corporation of India: Intimation Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 For Issue Of License To Wholly Owned Subsidiary Company


Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 we wish to inform you that that the Corporation has obtained license from the Central Bank of the Russian Federation (Bank of Russia) for its subsidiary company GIC Perestrakhovanie LLC Moscow for commencement of reinsurance business. The license was received by us today i.e. 12th February 2020.

The details are attached herewith.

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