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GIC-Bhutan Re Ltd. was incorporated on 16th May 2013 under the Companies Act of the Kingdom of Bhutan – 2000. It was changed to GIC-Bhutan Reinsurance Company Limited in 2017. It's Total paid-up capital is Nu.500 million. GICB relocated to its new office premises opposite helipad, changjiji in March 2017. GICB has 13 Employees currently and is rated A+ by CARE ratings.