General Insurance Corporation of India - Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)

This has reference to our communication Ref. No.: GIC-HO/BOARD/SE-Q4-OBM/47/2023-24 dated 25.05.2023 on Outcome of Board meeting held on 25.05.2023, regarding the Press Release ' GIC Re announces Financial Performance for the year ended 31.03.2023'. It is informed that inadvertent error occurred in the said Press release in respect of the following: a. On page no. 1, the Net worth of the Company (without fair value change account) b. On page no. 2, amount mentioned under column 'Quarter ended 31.03.23' & 'Quarter ended 31.12.22' in serial no. 4 ('Incurred Claims') of Summary of Revenue and Profit and Loss Account. c. On page no. 2, amounts mentioned under column 'Quarter ended 31.03.23' in serial nos. 11 to 18 (from 'Premium Deficiency' to 'Profit /(Loss) after Tax') of Summary of Revenue and Profit and Loss Account. d. On page no. 4, Group's Net worth (without fair value change account) The above mentioned errors have been rectified in the revised version as uploaded herewith.