Quarterly Result7 Feb 2026, 07:02 pm
GIC Re Announces 34.06% Increase in Profit Before Tax for Nine Months Ended 31.12.2025
AI Summary
GIC Re, a Government of India Company, announced its financial performance for the Nine months ended 31.12.2025. The company's Gross Premium Income increased by 7.11% to ₹ 32,976.26 crore. The Incurred Claims ratio improved to 86.93% from 90.42%. The Underwriting Loss reduced by 37.58% to ₹ 1,847.32 crore. Investment Income increased by 1.92% to ₹ 10,029.88 crore. The Solvency Ratio improved to 3.87 from 3.52. Profit Before Tax increased by 34.06% to ₹ 7,833.23 crore and Profit After Tax increased by 35.84% to ₹ 6,137.94 crore.
Key Highlights
- Gross Premium Income increased by 7.11%
- Incurred Claims ratio improved to 86.93%
- Underwriting Loss reduced by 37.58%
- Investment Income increased by 1.92%
- Profit Before Tax increased by 34.06%
- Profit After Tax increased by 35.84%