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Earnings Call

General Insurance Corporation of India Earnings Call: Key Takeaways

GIC Re reported FY26 PAT of ₹8,392 Cr, up 25% YoY, with Standalone Gross Written Premium reaching ₹44,007 Cr and a significantly improved Solvency Ratio of 421%.

Highlights
Revenue growth7% GWP growth in FY26.
MarginsCombined Ratio consistently improving, reaching 106% in FY26.
Demand visibilityStrong domestic reinsurance demand; projected market size ₹99,000 Cr by FY26.
Management confidenceHigh; citing market leadership and strong solvency.

Growth

FY26 PAT grew 25% YoY to ₹8,392 Cr; GWP grew 7% to ₹44,007 Cr. Combined Ratio improved to 106%.

Outlook

Targeting market leadership via specialized covers like Surety and Cyber; building catastrophe reserves for climate change resilience.

Risks

Exposure to catastrophic events, climate change volatility, and international market competition.

Source

Earnings Call filed with BSE, NSE: GICRE. Summary written with AI assistance from the document.

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General Insurance Corporation of India: key numbers

Share price
₹337.50
Market cap
₹59,211 Cr
Revenue (annual)
₹52,986 Cr
Net profit (annual)
₹9,662 Cr
P/E (TTM)
6.7×Sector 22.0×
Promoter holding
77.40%-5.00% QoQ
FII holding
2.43%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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