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GIC Re Renews Appointment of Non-Life Appointed Actuary Sateesh Bhat for One Year

Story Highlights
  • GIC Re has renewed the appointment of Sateesh Bhat as its Non-Life Appointed Actuary and key managerial personnel for one year.
  • With 35 years of diverse experience, Bhat’s continued role is expected to strengthen GIC Re’s actuarial and risk management functions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GIC Re Renews Appointment of Non-Life Appointed Actuary Sateesh Bhat for One Year

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General Insurance Corporation of India ( (IN:GICRE) ) has issued an update.

General Insurance Corporation of India has renewed the appointment of Shri Sateesh Bhat as its Appointed Actuary (Non-Life) and Key Managerial Personnel for a further one-year term effective 20 January 2026, in line with SEBI’s disclosure requirements. Bhat brings 35 years of experience spanning electrical power, IT and actuarial work, including over 18 years in retirement benefits and general insurance, and his continued tenure is expected to support GIC Re’s actuarial rigor and risk management capabilities in its non-life reinsurance portfolio.

More about General Insurance Corporation of India

General Insurance Corporation of India (GIC Re) is India’s national reinsurer, operating in the general insurance and reinsurance industry. The corporation provides a range of non-life reinsurance solutions to domestic and international insurers, playing a key role in risk management and capacity building across the insurance market.

Average Trading Volume: 22,074

Technical Sentiment Signal: Hold

Current Market Cap: 631.2B INR

Learn more about GICRE stock on TipRanks’ Stock Analysis page.

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