ALFA Finder| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | Gross premium up 8.7% YoY to ₹13,475 crore. |
|---|---|
| Margins | Improving; combined ratio dropped from 106.94% to 104.88%. |
| Demand visibility | Strong domestic demand; retail health segment cited as key growth driver. |
| Management confidence | Balanced; focused on selective underwriting and portfolio quality over aggressive volume. |
Growth
Gross premium grew 8.7% YoY; underwriting losses narrowed significantly with a combined ratio improvement to 104.88%.
Outlook
Targeting 10% premium growth and long-term combined ratio targets of 103% domestic and 95% international.
Risks
Domestic fire pricing declines, high combined ratios in motor, and flood losses in Gujarat (₹440Cr).
Last quarter's promises, checked
Delivered
- Guided 1% to 2% Combined Ratio improvement → delivered 2.06% improvement (= BEAT)
- Guided improved Solvency Ratio → delivered 4.32 from 4.21 (= BEAT)
- Guided 100 bps Combined Ratio improvement → delivered 206 bps improvement (= BEAT)
Partly delivered
- Guided domestic fire segment discipline → delivered 20% degrowth in Q4 fire premium (= PARTIAL)
Missed
- Guided single-digit growth for FY27 → delivered 8.7% YoY growth (= MISS)
- Guided international motor pruning → delivered 900 bps increase in motor combined ratio (= MISS)
Earnings Call Transcript filed with BSE, 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.
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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.
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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.