General Insurance Corporation of India — PPTs, 09-02-2026: Investor Presentation

GIC Re's 9M FY26 performance shows robust growth, with Gross Written Premium at INR 32,976 Cr and Profit After Tax at INR 6,138 Cr. The combined ratio improved to 106.9% and the incurred claims ratio to 86.9%, signaling better underwriting. The solvency ratio remains strong at 387%. Domestic business continues to be the largest contributor.

Strategically, GIC Re aims to leverage its 9th global rank and strong credit ratings. It plans to diversify its Indian market offerings to include surety bonds, cyber risk, and parametric covers, while increasing its focus on international markets post-credit rating upgrade. The company is adopting advanced modeling capabilities for exposure management and prioritizing underwriting profitability.

Recent initiatives include HR digital transformation, upgrading to SAP S4HANA, and offering parametric ART covers. Management focuses on improving its credit rating, building catastrophe reserves for climate change, and utilizing healthy capitalization to fuel future growth and resilience.