General Insurance Corporation of India — Updates, 26-05-2025: Press Release

GIC Re has announced a board meeting to approve the financial results for the quarter and half-year. Gross premium grew 10.7% to ₹41,154 Cr, driven by an 18.8% rise in domestic business, while international premiums fell. Claims ratio improved to 88.4%, reducing underwriting loss by 16.4% to ₹3,352 Cr. Profit after tax slightly increased to ₹6,701 Cr, aided by higher investment income of ~₹12,703 Cr. Solvency ratio stood strong at 3.7. Consolidated group saw a 15% rise in PBT and PAT of ₹7,432 Cr, highlighting solid financial health.