GIC Re reports 21% top line growth

General Insurance Corporation of India (GIC Re) grew its top
line by 21 percent to $2.8bn in the 12 months to 31 March, it
reported today (29 June).
The premium split between the domestic and the overseas business
during the period was 55 percent and 45 percent respectively.
Profits after tax fell 1 percent to $429mn.
The reinsurer proposed a dividend amounting to $129mn for the
year ended 31 March 2016. The previous year, GIC Re's dividend
amounted to $86.9mn....