General Insurance Corporation of India — PPTs, 28-11-2025: Investor Presentation

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 maintains its leadership as India's largest domestic reinsurer, holding ~51% market share. Its strategy focuses on disciplined underwriting, portfolio diversification, and effective exposure management to sustain profitability and further reduce the Combined Ratio. GIC Re aims for continued growth in the Indian market, leveraging its strong position, and expanding its international presence across 137 countries. Recent accolades include being recognized as "India's Leading Reinsurance Company."

Management sees significant opportunities in India's growing general insurance market, projected for 9.9% CAGR till 2028. GIC Re plans to maintain its market leadership by adopting advanced modeling and strengthening catastrophe reserves, underscoring a forward-looking approach to risk management and capital health.