GO DIGIT GENERAL INS LTD

Sells general insurance policies across motor, fire, health, crop, and specialty commercial lines to retail and corporate customers in India. In Q1 FY27, gross written premium was Rs 2,731 cr, with motor market share deliberately cut to 5.6% (down from 6.25% in FY26) as the company prioritised underwriting profitability over top-line growth in a soft pricing market. Within motor, the commercial vehicle book was reduced to 23-24% of motor and two-wheeler retail is the growing franchise; fire grew 34% YoY in FY26 (excluding fire itself) and specialty commercial lines are a new growth engine targeted at Rs 1,000 cr premium over 3-5 years. The combined ratio stood at 105.7% in FY26 and worsened to 112.3% in Q1 FY27, with claims (loss ratio of 73.3%) and commissions being the swing factors — operating expenses ran at 39% of premium, exceeding IRDAI's Expense of Management ceiling and prompting the company to seek forbearance rather than write loss-making business. The insurer is the first multi-line general insurer in India to publish results under Indian Accounting Standards, manages Rs 23,377 cr of AUM, and reports a solvency ratio of 2.43x, comfortably above the regulatory floor. A pending amalgamation with Go Digit Infoworks Services has received CCI approval (Fairfax affiliates would hold 57.28% post-merger), but still awaits NCLT and IRDAI clearances.