Filter announcements
Loading...
General Insurance Corporation of India is engaged in the business of Reinsurance.(Source : 201903 Annual Report Page No:87)
GIC Re reported a strong Q1 FY27, with Profit After Tax (PAT) of 1,922 Cr and Gross Written Premium (GWP) of 13,475 Cr. Its combined ratio improved to 104.9%, and solvency ratio stands robust at 432%. Domestic business drives 86% of premiums, with health and agriculture segments showing growth. The...
GIC Re showed robust performance, with Gross Written Premium rising to ₹44,007 Cr and Profit After Tax jumping to ₹8,392 Cr in FY25-26. The Combined Ratio improved to 106.0%, signaling better underwriting, and Solvency Ratio strengthened to 421%. The company's strategy focuses on leveraging its 9th global rank and strong...
GIC Re's 9M FY26 performance shows robust growth, with Gross Written Premium at INR 32,976 Cr and Profit After Tax at INR 6,138 Cr. The combined ratio improved to 106.9% and the incurred claims ratio to 86.9%, signaling better underwriting. The solvency ratio remains strong at 387%. Domestic business continues...
GIC Re, India's largest reinsurer with ~51% market share, posted strong H1FY26 consolidated performance. Gross Written Premium hit INR 22,123 Cr, and Profit After Tax soared to INR 5,404 Cr, reflecting a ~3x profit increase over the last three years. The Combined Ratio improved to 106.7%, and Solvency Ratio remains...
GIC Re delivered a strong H1FY26, with Gross Written Premium (GWP) up 4.8% YoY to ₹22,123 Cr and Profit After Tax (PAT) surging 66% YoY to ₹5,404 Cr (Consolidated). The Combined Ratio improved significantly to 106.7% from 111.3%, indicating better underwriting efficiency, while Solvency remains robust at 385%. The company...