Incorporated in 1972, General Insurance Corporation of India (GIC) is the largest reinsurance company in India in terms of gross premiums. They provides various general insurance products like property, energy, marine, engineering, miscellaneous, aviation-hull/spares-rotor wing, aviation-hull/ spares-fixed wing, liability, aviation treatyhull, spares and liability insurance products. They also offer cargo and offshore energy, motor, life, agriculture, space, health, credit and financial insurance. They offer reinsurance solutions for the Afro-Asian region and reinsurance programs in South East Asia, the Middle East and Africa. They develop their overseas business through their home office in Mumbai, branch offices in London, Dubai and Kuala Lumpur, a representative office in Moscow, a subsidiary in the United Kingdom that is a member of Lloyd's of London and a subsidiary in South Africa. Objectives of issue: The issue consists of an offer for sale of 107.5 million shares and a fresh...