Quarterly Result12 Nov 2025, 08:52 pm
GIC Re Announces Improved Financial Performance for H1 2025
AI Summary
GIC Re, the government-owned reinsurance company, announced its financial performance for the half year ended 30.09.2025. The company reported a Gross Premium Income of ₹ 21,989.71 crore, a decrease in Incurred Claims Ratio to 86.45%, and a significant reduction in Underwriting Loss by 45.50%. GIC Re also reported an increase in Gross Investment Income to ₹ 6,986.77 crore and a rise in Profit Before Tax by 55.58%. The company's Solvency Ratio stands at 3.85, and Profit After Tax increased by 59.43% to ₹ 4,619.02 crore.
Key Highlights
- Gross Premium Income of ₹ 21,989.71 crore, a 5.59% increase from the previous year
- Incurred Claims Ratio reduced to 86.45% from 91.58%
- Underwriting Loss reduced by 45.50% to ₹ 1,295.47 crore
- Gross Investment Income increased by 13.45% to ₹ 6,986.77 crore
- Profit Before Tax increased by 55.58% to ₹ 5,716.30 crore
- Profit After Tax increased by 59.43% to ₹ 4,619.02 crore