General Insurance Corporation of India Q1 FY26 Results

Summary

GIC Re, a Government of India Company, announced its financial performance for the quarter ended 30.06.2025. The company's Gross Premium Income was ₹ 12,388.01 crore, a decrease from the previous year due to changes in accounting of long term policies. The Incurred Claims ratio increased to 90.42% due to two large, extraordinary losses. Underwriting Loss was reduced by 29.55% to ₹ 907.76 crore. Gross Investment Income increased by 18.37% to ₹ 3,228.51 crore. Solvency Ratio improved to 3.85. Profit Before Tax (PBT) increased by 61.04% to ₹ 2,245.54 crore and Profit After Tax (PAT) increased by 69.08% to ₹ 1,752.23 crore.

Key Highlights

1. 1

   GIC Re announces a 61.04% increase in Profit Before Tax for Q1 2025

2. 2

   Gross Premium Income was ₹ 12,388.01 crore, a decrease from the previous year

3. 3

   Incurred Claims ratio increased to 90.42% due to two large, extraordinary losses

4. 4

   Underwriting Loss was reduced by 29.55% to ₹ 907.76 crore

5. 5

   Gross Investment Income increased by 18.37% to ₹ 3,228.51 crore

6. 6

   Solvency Ratio improved to 3.85

7. 7

   Profit Before Tax (PBT) increased by 61.04% to ₹ 2,245.54 crore

8. 8

   Profit After Tax (PAT) increased by 69.08% to ₹ 1,752.23 crore