General Insurance Corporation of India informs the exchange regarding press release dated 26.05.2026 titled "GIC RE announces financial performance for the year ended 31.03.2026".
GICRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts less than Nifty Midcap 150 and 0.5 pts less than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
GIC Re reported strong annual performance with gross premium income of ₹44,006.74 crore, up 6.93% year-on-year. Profit after tax surged 25.23% to ₹8,392.18 crore while profit before tax rose 23.13% to ₹10,793.25 crore. The company significantly reduced its underwriting loss by 47.40% to ₹1,763 crore despite still being in loss position. Combined ratio improved to 106.02% from 108.81%, indicating better operational efficiency. Solvency ratio strengthened to 4.21 from 3.70, well above regulatory minimum. Investment income grew modestly to ₹13,089.34 crore from ₹12,772.52 crore. Domestic business contributed 75% of premiums while international grew at a slower pace.
Strong bottom-line growth with PAT up over 25% is positive for shareholders. Improved solvency and reduced underwriting loss indicate better operational health. The company remains the largest domestic reinsurer with 9th global ranking.