GIC Re appoints Hiteshkumar Bhandari as part-time non-official director

0 min read Updated on 13 Aug 2026, 01:59 AM

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Jubin VScanX News Team

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GIC Re appoints legal expert Hiteshkumar Bhandari as Part-time Non-Official Director. The three-year term begins August 12, 2026, following approval by the Ministry of Finance. Bhandari has 26 years of experience in civil and criminal law.

*this image is generated using AI for illustrative purposes only.

General Insurance Corporation of India has appointed Shri Hiteshkumar Kismatbhai Bhandari as a Part-time Non-Official Director on its Board. The Central Government, through the Ministry of Finance, issued the appointment order under Article No. 75 of the company’s Articles of Association.

The appointment is effective from August 12, 2026, for a tenure of three years or until further orders, whichever is earlier. This disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Director Profile

Shri Hiteshkumar Kismatbhai Bhandari holds a Master of Laws (LLM) degree. He is a practicing advocate at the Silvassa District Court with 26 years of experience handling civil and criminal matters.

The company stated that further details prescribed under SEBI LODR Regulations, including the specific date of assumption of office, will be disclosed to the stock exchanges in due course.

Historical Stock Returns for GIC of India

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.04%	-1.07%	-2.47%	-9.51%	-10.93%	+116.59%

How might the addition of a legal expert with 26 years of experience influence GIC's approach to regulatory compliance and litigation risk management?

What strategic implications does this government-appointed directorship have for GIC's alignment with broader public sector insurance reforms in India?

Could this board composition change signal upcoming shifts in corporate governance policies or risk oversight frameworks at GIC?

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GIC Re Q1 Results: Earnings call scheduled for August 17

1 min read Updated on 12 Aug 2026, 09:33 PM

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Ashish TScanX News Team

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General Insurance Corporation of India to release Q1FY27 results on August 13, 2026. Earnings call scheduled for August 17 at 9:30 am IST with Chairman Hitesh Joshi. Company remains largest reinsurer in India with 52% market share in FY25.

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General Insurance Corporation of India will announce its financial results for the quarter ended June 30, 2026, on Thursday, August 13, 2026. The domestic reinsurance major will subsequently host an earnings conference call with analysts and investors on Monday, August 17, 2026, at 9:30 am IST.

The earnings call is scheduled to run from 9:30 am to 10:30 am. Management representatives, including Chairman-cum-Managing Director Hitesh Joshi, will address investors during the session. Participants can join via primary dial-in numbers or international toll-free lines provided in the official notice.

Conference Call Details

Detail	Information
Date	August 17, 2026
Time	9:30 am - 10:30 am IST
Primary Number	+91 22 6280 1107 / +91 22 7115 8008
Pre-Registration	Available via DiamondPass™

The announcement follows Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The notice was issued by Satheesh Kumar, Company Secretary & Compliance Officer, on August 12, 2026.

About GIC Re

Incorporated in 1972, General Insurance Corporation of India is the largest reinsurance company in India by gross premiums accepted. It accounted for approximately 52% of premiums ceded by Indian insurers to reinsurers during FY25. The company operates through branch offices in London and Kuala Lumpur, as well as subsidiaries in the United Kingdom, South Africa, and Russia.

Historical Stock Returns for GIC of India

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.04%	-1.07%	-2.47%	-9.51%	-10.93%	+116.59%

How might GIC Re's Q2 FY27 results reflect the impact of recent regulatory changes in India's insurance sector on underwriting margins?

What strategic initiatives will Chairman Hitesh Joshi highlight regarding the company's international subsidiaries in the UK, South Africa, and Russia amid global economic uncertainties?

Will management provide updated guidance on the growth trajectory of the domestic reinsurance market share, given GIC Re's current 52% dominance in ceded premiums?