General Insurance Corporation of India — PPTs, 07-08-2025: Investor Presentation

Here is the summary of the attached file:

**1. Financial Highlights:**

For Q1 FY25-26, GIC Re reported Gross Written Premium of INR 12,388 Cr and Profit After Tax of INR 1,752 Cr. Combined Ratio improved to 106.9%, with a robust Solvency Ratio of 385%. Incurred Claims Ratio was 90.4% and annualized Return on Equity hit 15.5%.

**2. Strategic Initiatives & Growth Drivers:**

GIC Re aims to leverage its 10th global rank and A- Excellent credit rating for international expansion, especially in Afro-Asia. Domestic growth targets diversified areas like Surety, Cyber, and Parametric covers. Strategies include enhanced underwriting, advanced modeling, and building climate catastrophe reserves.

**3. Business Developments:**

Digital transformation initiatives are underway, including HR's Project Parivartan, SAP S4HANA upgrades, EGRC software for ERM, and a move to paperless operations. GIC Re is also launching new parametric ART covers.

**4. Market Position & Competitive Advantage:**

As India's leading reinsurer with ~51% market share, GIC Re supports all non-life insurers. Its global footprint spans 137 countries, backed by significant government ownership. The business benefits from its non-cyclical nature and low 1.2% management expense ratio.

**5. Investor Implications:**

Strong capital, improving operational efficiency, and clear strategic market expansion plans indicate positive growth potential.