{"id":147330,"date":"2023-05-25T07:30:00","date_gmt":"2023-05-25T11:30:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=147330"},"modified":"2023-05-25T09:10:00","modified_gmt":"2023-05-25T13:10:00","slug":"earnings-summary-of-general-insurance-corporation-of-india-for-q4-fy23","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-summary-of-general-insurance-corporation-of-india-for-q4-fy23\/","title":{"rendered":"Earnings Summary Of General Insurance Corporation of India For Q4 FY23"},"content":{"rendered":"<p>General Insurance Corporation of India (GICRE) is the largest reinsurer in India and one of the leading reinsurers globally. Established in 1972, GICRE plays a crucial role in the Indian insurance industry by providing reinsurance services to insurance companies in India and abroad. The company offers a wide range of general insurance products, including fire, marine, motor, health, and liability insurance.<\/p>\n<ul>\n<li>General Insurance Corporation of India reported Total Income for Q4 FY23 of \u20b99,321.67 Crore down from \u20b910,932.40 Crore year on year, a decline of 14.7%.<\/li>\n<li>Total Expenses for Q4 FY23 of \u20b96,684.97 Crore up from \u20b96,488.13 Crore year on year, a growth of 3%.<\/li>\n<li>Consolidated Net Profit of \u20b92,729.18 Crore, up 41% from \u20b91,936.02 Crore in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b915.56, up from \u20b911.04 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-18-1-1024x640.png\" alt=\"\" class=\"wp-image-147333\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-18-1-1024x640.png 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-18-1-300x187.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-18-1-768x480.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-18-1-1536x960.png 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-18-1-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>General Insurance Corporation of India (GICRE) is the largest reinsurer in India and one of the leading reinsurers globally. Established in 1972, GICRE plays a crucial role in the Indian insurance industry by providing reinsurance services to insurance companies in India and abroad. The company offers a wide range of general insurance products, including fire, [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[],"class_list":["post-147330","post","type-post","status-publish","format-standard","hentry","category-latest"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142524,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-general-insurance-corporation-of-india-for-q3-fy23\/","url_meta":{"origin":147330,"position":0},"title":"Earnings Summary Of General Insurance Corporation of India For Q3 FY23","author":"Hardik Bhandare","date":"February 22, 2023","format":false,"excerpt":"General Insurance Corporation of India (NSE: GICRE) is a leading Indian reinsurance company that provides reinsurance services to the Indian insurance market. The company was established in 1972 and has since then grown to become the largest reinsurer in India, with a market share of over 60%. The company operates\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-13-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-13-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-13-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-13-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-13-1.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-13-1.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144184,"url":"https:\/\/alphastreet.com\/india\/hdfc-life-insurance-company-q4-fy23-net-profit-down-to-%e2%82%b9362-crore\/","url_meta":{"origin":147330,"position":1},"title":"HDFC Life Insurance Company Q4 FY23; Net Profit Down To \u20b9362 Crore","author":"Hardik Bhandare","date":"April 26, 2023","format":false,"excerpt":"HDFC Life Insurance Company Limited reported Total Income for Q4 FY23 of \u20b921,470.50 Crore up from \u20b917,682.31 Crore year on year, a growth of 21.4%. The consolidated Net Profit of \u20b9361.97 Crore, down 28.5% from \u20b9506.19 Crore in the same quarter of the previous year. The Earnings per Share is\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/3c3f25aa-cf6c-448d-b9b1-ee95982b2d2d-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/3c3f25aa-cf6c-448d-b9b1-ee95982b2d2d-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/3c3f25aa-cf6c-448d-b9b1-ee95982b2d2d-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/3c3f25aa-cf6c-448d-b9b1-ee95982b2d2d-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/3c3f25aa-cf6c-448d-b9b1-ee95982b2d2d-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/3c3f25aa-cf6c-448d-b9b1-ee95982b2d2d-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143888,"url":"https:\/\/alphastreet.com\/india\/icici-prudential-life-insurance-q4-fy23-total-income-declined-by-17\/","url_meta":{"origin":147330,"position":2},"title":"ICICI Prudential Life Insurance Q4 FY23; Total Income Declined By 17%","author":"Hardik Bhandare","date":"April 20, 2023","format":false,"excerpt":"ICICI Prudential Life Insurance reported Total Income for Q4 FY23 of \u20b911,499.84 Crore up from \u20b913,845.73 Crore year on year, a decline of 16.9%. The consolidated Net Profit of \u20b9234.87 Crore, up 25.8% from \u20b9184.67 Crore in the same quarter of the previous year. The Earnings per Share is \u20b91.63\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/d7d05e40-0643-46e7-93ea-c30f6e091cd3-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/d7d05e40-0643-46e7-93ea-c30f6e091cd3-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/d7d05e40-0643-46e7-93ea-c30f6e091cd3-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/d7d05e40-0643-46e7-93ea-c30f6e091cd3-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/d7d05e40-0643-46e7-93ea-c30f6e091cd3-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/d7d05e40-0643-46e7-93ea-c30f6e091cd3-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144251,"url":"https:\/\/alphastreet.com\/india\/sbi-life-insurance-q4-fy23-results-out-profit-rises-by-16-percent\/","url_meta":{"origin":147330,"position":3},"title":"SBI Life Insurance Q4 FY23 results out; Profit rises by 16 percent","author":"Chirag Gupta","date":"April 27, 2023","format":false,"excerpt":"SBI Life Insurance Company reported Total revenue for Q4 FY23 of \u20b921,296 Crore up from \u20b920.671 Crore year on year, a growth of 3%. The consolidated Net Profit of \u20b9777 Crore, up 16% from \u20b9672 Crore in the same quarter of the previous year. The Earnings per Share is \u20b97.76\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/0d631008-66c1-430c-bc52-4abfa8e4b808-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/0d631008-66c1-430c-bc52-4abfa8e4b808-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/0d631008-66c1-430c-bc52-4abfa8e4b808-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/0d631008-66c1-430c-bc52-4abfa8e4b808-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/0d631008-66c1-430c-bc52-4abfa8e4b808-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/0d631008-66c1-430c-bc52-4abfa8e4b808-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143780,"url":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-q4-fy23-net-profit-increased-by-40\/","url_meta":{"origin":147330,"position":4},"title":"ICICI Lombard General Insurance Q4 FY23; Net Profit Increased By 40%","author":"Hardik Bhandare","date":"April 18, 2023","format":false,"excerpt":"ICICI Lombard General Insurance Company Limited (NSE: ICICIGI) reported Total Income for Q4 FY23 of \u20b95,255.58 Crore up from \u20b94,636.34 Crore year on year, a growth of 13.3%. Consolidated Net Profit of \u20b9436.96 Crore, up 39.8% from \u20b9312.51 Crore in the same quarter of the previous year. The Earnings per\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/daa7c91e-f5d4-4426-97cf-993e9edb34a4-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/daa7c91e-f5d4-4426-97cf-993e9edb34a4-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/daa7c91e-f5d4-4426-97cf-993e9edb34a4-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/daa7c91e-f5d4-4426-97cf-993e9edb34a4-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/daa7c91e-f5d4-4426-97cf-993e9edb34a4-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/daa7c91e-f5d4-4426-97cf-993e9edb34a4-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144488,"url":"https:\/\/alphastreet.com\/india\/star-health-and-insurance-ltd-q4fy23-results-out-profit-soars-by-224\/","url_meta":{"origin":147330,"position":5},"title":"Star Health and Insurance Ltd Q4FY23 results out, Profit soars by 224%","author":"Chirag Gupta","date":"April 28, 2023","format":false,"excerpt":"Star Health & Allied Insurance Ltd (Star) is India\u2019s first Standalone Health Insurance provider and is the largest private health insurer in India with a market share of 15.8% in the Indian health insurance market in FY21 with leadership in the attractive retail health segment. Star Health and Insurance Ltd\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/147330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=147330"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/147330\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=147330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=147330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=147330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}