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    ALPHA TRIBE

    General Insurance Corporation of India — Updates, 07-02-2026: Press Release

    07-02-2026 | 06:56 pm

    GIC Re reported robust nine-month performance: PAT soared 35.84% to ₹6,137.94 Cr, PBT 34.06% to ₹7,833.23 Cr. Underwriting loss significantly reduced by 37.58% to ₹1,847.32 Cr due to improved ratios. Note: Catastrophic Reserve provisioning is now quarterly, impacting reported profits.

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