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GIC Re announces senior management change as chief vigilance officer’s deputation ends

General Insurance Corporation of India ( ($IN:GICRE) ) just unveiled an announcement. General Insurance Corporation of India has announced a ...
The Financial Express

GIC Re may face more pressure as lower capital norms draw foreign reinsurers

The Sabka Bima Sabki Raksha Bill 2025 has slashed Net Owned Fund (NOF) requirements for foreign reinsurers from ₹5,000 crore ...
PE Hub

Cinven to exit stake in Miller to GIC as insurance sector heats up

GIC and Cinven first acquired Miller in 2021 The transaction is expected to close at the end of Q1 of 2024 GIC is a global investor that manages Singapore’s foreign reserves Cinven has agreed to sell ...
MassLive

Insurance program for 460,000 Mass. residents runs out of money Monday

A Massachusetts agency that oversees health insurance for 460,000 public employees, retirees and their dependents will run out of money by Monday — unable to pay providers. In April, The Group ...
MassLive

With hospitals at risk, Mass. eyes lifeline for broke insurer covering 460K public employees

Editor’s note: Story was updated Thursday afternoon to include a statement from GIC. Amid fears of “serious financial consequences,” Massachusetts is working to create a lifeline for a Massachusetts ...
Berkshire Eagle

Baker knocks 'very poor' GIC rollout

BOSTON — The Group Insurance Commission's rollout of its state employee health plan consolidation was "very poor," Gov. Charlie Baker said Wednesday, as House Speaker Robert DeLeo announced a new ...
Daily Hampshire Gazette

‘Budget buster:’ Spiking health insurance costs burdening local municipal budgets

Northampton’s most popular plan with the Group Insurance Commission (GIC) will rise 10.5%, and Amherst’s plan with Massachusetts Interlocal Insurance Association, the Massachussetts Municipal ...