General Insurance Corporation of India (GIC Re) is the leader in the Indian reinsurance market. It leads many of the domestic companies' treaty programmes and facultative placements. Internationally, GIC Re is an effective reinsurance partner for the Afro-Asian region, leading the reinsurance programmes of several insurance companies in the Middle East and North Africa and SAARC countries. It has offices in London, Dubai, Kuala Lumpur and a representative office in Moscow. The Corporation provides reinsurance across many key business lines including property, motor, agriculture, marine, engineering, aviation, health, liability. GIC Re was a wholly-owned company of Government of India until the Initial Public Offering (IPO) in