General Insurance Corporation of India (GIC Re) is the largest reinsurance company in India. It was established in 1972 and has its headquarters in Mumbai, Maharashtra. GIC Re operates in a wide range of insurance sectors including fire, marine, motor, engineering, agriculture, aviation, health, liability, credit and financial risk cover.

The company provides reinsurance to direct general insurance companies in India as well as abroad. In addition to traditional reinsurance products, GIC Re offers innovative solutions such as cyber risk insurance and terrorism insurance. The company also provides various services like risk management consultation and training programs for insurers.

GIC Re stands out from its competitors due to its vast experience and expertise in handling diverse portfolios across different geographies. Its strong financial position with consistent growth over the years further solidifies its position as a leader in the industry.

An important aspect that sets GIC Re apart is its international presence through strategic collaborations and partnerships with leading global reinsurers. This allows the company to access international markets more effectively while leveraging on their partners' expertise and resources.