GIC Re Q1 FY27: PAT up 10% YoY to Rs 1,922 cr, solvency improves to 4.32

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GICRE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.1%Reaction day

₹355.70

prior close

₹353.25

announcement price

In-mkt

timing

Nifty Midcap 150market+0.1%-2.2% vs market

General Insurance peers, median of 5sector+0.3%-2.4% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Midcap 150 and 2.4 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-0.4

15m

-0.7

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1+0.1-2.2+0.3-2.4

Next day

-1.0-0.4-0.5-0.8-0.2

-0.2-0.3+0.1-0.1-0.1

+1.0-0.7+1.6-0.0+1.0

+1.1-0.9+2.0-0.0+1.1

+1.2-0.6+1.8-1.0+2.2

+0.3-0.4+0.7-0.9+1.2

15d

-0.0-1.3+1.3-3.3+3.3

-4.3-4.9+0.7-4.0-0.2

-10.3-7.2-3.2+4.2-14.6

—————

UpDownMarket · Nifty Midcap 150Sector · General Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GIC Re Q1 FY27 standalone: Gross premium rose 8.8% YoY to Rs 13,475 cr. PAT grew 9.7% to Rs 1,922 cr vs Rs 1,752 cr. Operating profit up 7% at Rs 1,448 cr. Solvency ratio improved to 4.32 from 3.85 YoY. Combined ratio improved to 104.88 from 106.94. Booked Rs 440 cr IBNR provision for Gujarat floods. Govt holding dipped to 77.4% from 82.4% post stake dilution. Auditors gave a clean limited review.

Likely market impact

Better solvency and combined ratio show underwriting discipline. Gujarat flood provisioning is a near-term drag but reflects prudent reserving.