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AM Best affirms General Insurance Corporation of India's ratings, citing strong financials
08-Oct-26 22:40Hrs IST

General Insurance Corporation of India announced, via Internal Document Ref. No.: GIC-HO/BOARD/SE -1-CR-26_27/235/2026 -27 dated October 8th, 2026, that AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating of “a -”(Excellent) and the National Scale Rating of aaa.IN (Exceptional) of the Corporation with a stable outlook; the ratings reflect the Corporation’s balance sheet strength, assessed by AM Best as very strong, alongside its adequate operating performance, favourable business profile, and appropriate enterprise risk management, with no enhancements, assignments, or withdrawals noted by any other rating agencies.

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