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General Insurance Corporation of IndiaInvestor Meet, 20-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

20-08-2026 | 04:25 pm

GIC Re reported improved Q1 FY27 results: gross premium at INR 13,475 Cr, PAT at INR 1,922 Cr. Combined ratio improved to 104.88%, with solvency rising to 4.32. Management highlighted better underwriting from portfolio actions. Strategic focus is on profitable foreign markets (post-rating upgrade) and retail health domestically, aiming for domestic combined ratio of 103% and foreign of 95% in 2-3 years. Competition is aggressive, with an IRDAI advisory potentially bringing market discipline. GIC prioritizes profitability over aggressive growth for long-term shareholder value.

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