ALFA Finder| Margins | Combined ratio improved to 104.9% in Q1 FY27. |
|---|---|
| Demand visibility | Strong; industry GWP growing at 14% CAGR. |
| Management confidence | High regarding market leadership and solvency improvement. |
Growth
Stand-alone GWP reached ₹13,475 Cr in Q1 FY27; Incurred Claims Ratio improved to 85.0% vs 92.3% in FY24.
Outlook
Targeting ₹99,000 Cr reinsurance market by FY26; focused on Ind AS implementation and diversifying into Cyber and Surety.
Risks
Exposure to catastrophic events and climate change; volatility in international business underwriting profitability.
Last quarter's promises, checked
Delivered
- Guided combined ratio improvement by 1-2% → Delivered 104.9% vs 106.02% (= BEAT)
- Targeted improved solvency ratio → Delivered 4.21 vs 3.70 (= BEAT)
- Targeted growth in motor segment → Delivered tremendous growth/double market rate (= BEAT)
Partly delivered
- Targeted single-digit domestic growth → Delivered stand-alone GWP growth to ₹13,475 Cr (= PARTIAL)
Investor Presentation filed with NSE, NSE: GICRE. Summary written with AI assistance from the document.
General Insurance Corporation of India: key numbers
- Share price
- ₹339.25
- Market cap
- ₹59,518 Cr
- Revenue (annual)
- ₹52,986 Cr
- Net profit (annual)
- ₹9,662 Cr
- P/E (TTM)
- 6.6×Sector 20.8×
- Promoter holding
- 77.40%+0.00% QoQ
- FII holding
- 2.40%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 Management Change
GIC Re renewed Suresh Sindhi's appointment as Appointed Actuary (Life) and Key Managerial Personnel from November 9, 2026. The term is one year.
General Insurance Corporation of India Earnings Call Transcript: Key Takeaways
Premium growth is strong, but Q2 profit fell year on year to ₹2,455.62 Cr as the claims ratio rose to 87.39%. Management deflected on catastrophe losses, combined-ratio targets and Ind AS impact.
General Insurance Corporation of India Investor Presentation: Key Takeaways
H1 FY27 GWP Rs 24,704 Cr, NWP Rs 23,226 Cr, PAT Rs 4,378 Cr, combined ratio 107.4%, ROE 16.4%, solvency 418%. Strategy: international expansion, cat reserves, digitisation.
General Insurance Corporation of India Results Update
GIC Re reported half-year ended 30 September 2026 gross premium of Rs.24,703.57 crore and profit after tax of Rs.4,377.66 crore. PAT fell 5.23% year on year.
General Insurance Corporation of India Q2 FY27 Results: Net Profit ₹2,966 Cr, Up 3.2% YoY
General Insurance Corporation of India reported revenue from operations of ₹13,540 Cr (+17.8% YoY) and net profit of ₹2,966 Cr (+3.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹2,966 Cr · +3.2% YoY
General Insurance Corporation of India Board Meeting Date
General Insurance Corporation of India gave prior notice that its board meets on 30 October 2026 to consider unaudited Q2 standalone and consolidated results. The trading window stays closed until 48 hours after results.