| Revenue growth | FY26 Gross Premium up 6.9% YoY to ₹44,007cr. |
|---|---|
| Margins | FY26 combined ratio improved to 106.02% from 108.81%. |
| Demand visibility | Stable; obligatory 4% cession for FY27 provides guaranteed domestic business. |
| Management confidence | High; leveraging 'A' rating and established relationships to manage soft cycles. |
Growth
FY26 Gross Premium grew 6.9% to ₹44,007cr. Profit after tax for FY26 increased 25.2% to ₹8,392.18cr.
Outlook
Targeting 1-2% annual combined ratio improvement; navigating RBC transition; focusing on selective growth in domestic motor and health.
Risks
Softening rates in fire/property segments; competition from new domestic reinsurers and GIFT City IIOs; climate volatility.
Last quarter's promises, checked
Delivered
- Guided 1% annual combined ratio improvement → FY26 improved 2.79% to 106.02% (= BEAT)
- Guided 8-10% composite growth → delivered 6.9% FY26 growth (= MISS)
- Targeting PAT growth → delivered 25.2% FY26 PAT increase (= BEAT)
Missed
- Guided 8-10% composite growth → delivered 6.9% FY26 growth (= MISS)
Earnings Call filed with BSE, NSE: GICRE. Summary written with AI assistance from the document.
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.
More from General Insurance Corporation of India
All →General Insurance Corporation of India Annual General Meeting
GIC Re concluded its 54th AGM, declaring ₹13.25 per share dividend for FY26 and appointing new CMD and directors. The proceedings were filed per SEBI Reg 30.
General Insurance Corporation of India Management Change
General Insurance Corporation of India has appointed Shri Divesh Sehara as a Government Nominee Director on its Board, replacing Shri Manoj Muttathil Ayyappan, effective immediately.
General Insurance Corporation of India Earnings Call Transcript: Key Takeaways
GIC Re shows margin improvement via portfolio pruning, yet remains under pressure from intense domestic competition and flat investment income. Management is pivoting toward retail health while reducing underperforming international motor and property exposures.
- Call
- Guides 10% growth
General Insurance Corporation of India Investor Presentation: Key Takeaways
GIC Re reported Q1 FY27 Gross Written Premium of ₹13,475 Cr and PAT of ₹1,922 Cr, maintaining its dominant 52% market share.
General Insurance Corporation of India Q1 FY27 Results: Net Profit ₹1,744 Cr, Down 31.1% YoY
General Insurance Corporation of India reported revenue from operations of ₹11,098 Cr (-1.6% YoY) and net profit of ₹1,744 Cr (-31.1% YoY) for Q1 FY27.
- Key figure
- Net profit ₹1,744 Cr · -31.1% YoY
General Insurance Corporation of India Earnings Call: Key Takeaways
GIC Re delivered a strong profit growth of 25.2% for FY26 despite a soft global market. Improvement was driven by disciplined underwriting and portfolio optimization rather than cyclical pricing tailwinds.