General Insurance Corporation of India — Updates, 07-08-2025: Press Release

GIC Re delivered robust Q1 financial performance with standalone PAT surging 69.08% to ₹1,752.23 Cr and PBT up 61.04% to ₹2,243.54 Cr. This strong profit growth was driven by an 18.37% increase in gross investment income to ₹3,228.51 Cr and a 29.55% reduction in underwriting loss to ₹907.76 Cr. The combined ratio improved to 106.94%. Despite a flat gross premium impacted by accounting shifts, international business grew 17.1%. Solvency ratio strengthened to 3.85, boosting financial stability. The company aims to reduce reliance on investment income for future earnings.