General Insurance Corporation of India

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responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered o

6.8%

ance Industry Overview – Global Scenario Strong Gross Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia e

7.3%

ndustry Overview – Global Scenario Strong Gross Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japa

8.9%

y Overview – Global Scenario Strong Gross Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japan Wes

7.9%

view – Global Scenario Strong Gross Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japan Western E

1.3%

Global Scenario Strong Gross Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japan Western Europe

1.5%

l Scenario Strong Gross Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japan Western Europe North

3.1%

ario Strong Gross Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japan Western Europe North Ameri

2.7%

Strong Gross Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japan Western Europe North America Wo

4.8%

Gross Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japan Western Europe North America World ■

3.4%

Written Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japan Western Europe North America World ■ CAG

5.6%

en Premium* Growth Envisaged in Future 6.8% 7.3% 8.9% 7.9% 1.3% 1.5% 3.1% 2.7% 4.8% 3.4% 5.6% 4.6% Rest of the world Japan Asia ex Japan Western Europe North America World ■ CAGR 2021

“▶ The project intends catering to society by subsidized prices and offering services at increased the medical capacity of the Hospital ▶ Thrust area – Healthcare.”

“▶ GIC Re has collaborated with Ennoble Social Innovations Foundation for government school transformation and revamp project in Uttar Pradesh, Haryana, Chhattisgarh, Bihar, West Bengal and Telangana states.”

“▶ The project focuses on: Modernizing school infrastructure, learning capabilities, Empowering teachers Enhancing digital through training, Fostering holistic development of students.”

Empowering Growth

1

Empowering Growth

Strategic Vision, Resilient Actions ` GIC Re – Strategic Approach and Way Forward (1/2) Leveraging its scale ▶ Leverage its position of 9th rank (Globally) based on the scale it affords and excellent credit ratings from AM Best and domestically from CARE Capitalizing International Brand Equity ▶ Holds strong brand equity especially in in Afro-Asian region and will leverage to grow in International Markets Increasing Focus on International Market Price Increase Growth in Indian Market ▶ Planning on geographical diversification of the Portfolio post credit rating upgrade. ▶ Growth expected in diversified areas such as Surety bonds, Cyber risk covers, Parametric covers etc. Sustaining Market Share ▶ Capital requirement post Risk Based Capital implementation for Solvency pressures on Indian insurers could lead to higher cessions and growing reinsurance market size provides a perfect opportunity to sustain and maintain its market share 22 GIC Re – Strategic Approach and Way Forward (2/2) Ad