| Revenue growth | Gross premium income grew 6.9% YoY to ₹44,007cr for FY26. |
|---|---|
| Margins | Combined ratio improved to 106.02%; targeting further 1-2% annual reduction. |
| Demand visibility | Expect single-digit growth in FY27 due to softening market cycles. |
| Management confidence | Balanced and disciplined; focused on technical execution over chasing market volume. |
Growth
FY26 gross premium income rose to ₹44,007cr from ₹41,154cr. Combined ratio improved significantly to 106.02% from 108.81%.
Outlook
Targeting 1-2% annual improvement in combined ratio. Expecting single-digit growth in FY27 due to soft market cycle.
Risks
Softening global reinsurance rates and increased domestic competition from new players could pressure future margins.
Earnings Call filed with BSE, NSE: GICRE. Summary written with AI assistance from the document.
General Insurance Corporation of India: key numbers
- Share price
- ₹313.40
- Market cap
- ₹54,983 Cr
- Revenue (annual)
- ₹52,986 Cr
- Net profit (annual)
- ₹9,662 Cr
- P/E (TTM)
- 6.2×Sector 21.9×
- Promoter holding
- 77.40%-5.00% QoQ
- FII holding
- 2.43%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from General Insurance Corporation of India
All →General Insurance Corporation of India Annual General Meeting
GIC Re concluded its 54th AGM, declaring ₹13.25 per share dividend for FY26 and appointing new CMD and directors. The proceedings were filed per SEBI Reg 30.
General Insurance Corporation of India Management Change
General Insurance Corporation of India has appointed Shri Divesh Sehara as a Government Nominee Director on its Board, replacing Shri Manoj Muttathil Ayyappan, effective immediately.
General Insurance Corporation of India Business Update
General Insurance Corporation of India filed its Business Responsibility & Sustainability Report (BRSR) for the financial year 2025-26 as required under SEBI regulations.
General Insurance Corporation of India Annual Report
General Insurance Corporation of India has submitted its Annual Report for the Financial Year 2025-26 to the stock exchanges.
General Insurance Corporation of India Annual General Meeting
General Insurance Corporation of India has issued a notice for its 54th Annual General Meeting scheduled for September 22, 2026. The meeting agenda includes dividend declaration.
General Insurance Corporation of India Earnings Call Transcript: Key Takeaways
GIC Re shows margin improvement via portfolio pruning, yet remains under pressure from intense domestic competition and flat investment income. Management is pivoting toward retail health while reducing underperforming international motor and property exposures.
- Call
- Guides 10% growth