The News Scroll 11 February 2021 Last Updated at 8:39 pm | Source: PTI GIC Re reports net profit of Rs 987cr in Q3 FY21 Outlook February 11, 2021 20:39 IST GIC Re reports net profit of Rs 987cr in Q3 FY21 outlookindia.com 1970-01-01T05:30:00+0530 New Delhi, Feb 11 (PTI) General Insurance Corporation of India (GIC Re) on Thursday reported a net profit of Rs 987.42 crore for the third quarter ended December 2020. There was a loss of Rs 1,069.64 crore in the year-ago period. Sequentially, it had posted a net profit of Rs 230.06 crore in the second quarter ended September 2020. Gross premium during the October-December quarter increased to Rs 11,668.51 crore, from Rs 11,539.96 crore in the same period of 2019-20, GIC Re said in a regulatory filing.