General Insurance Corporation of India - Announcement under Regulation 30 (LODR)-Credit Rating

Pursuant to Regulation 30 read with para A of Schedule III and Regulations 46(2) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby inform that CARE Ratings Ltd. ('CARE') has re-affirmed the rating assigned to General Insurance Corporation of India ('GIC Re'), as per details attached.<BR> The communication from CARE regarding re-affirmation of Claims Paying Ability Rating was received by the Corporation today.