Intimation is enclosed.
GICRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GIC Re reported strong full-year results with Net Premium Written of ₹40,57,125 Lakhs (up 7.2% YoY) and Profit After Tax of ₹8,39,218 Lakhs, representing a 25.2% increase from ₹6,70,136 Lakhs in FY25. Gross Premiums Written grew 6.9% to ₹44,00,674 Lakhs. The combined ratio improved to 106.02% from 108.81% YoY, while solvency ratio strengthened to 4.21x (vs 3.70x). The board recommended a dividend of ₹13.25 per share (265%) for FY26, up from ₹10 per share in FY25. The Dubai branch continues in run-off with a portfolio transfer to GIFT City branch in progress. Joint statutory auditors issued an unmodified opinion on the standalone financials.
The 25% PAT growth and improved solvency ratio signal strong operational performance. The higher dividend payout demonstrates confidence in profitability. The Dubai branch run-off status is being managed through portfolio transfer and does not affect the main entity's going concern status.