General Insurance Corporation of India

GIC Re Reports Strong H1 FY25-26 Performance 📊: Solvency at 385%, PAT Hits ₹4,619 Cr

- GIC Re is India’s largest reinsurer with ~51% market share (FY23-24).

- Govt of India holds 82.40% stake (as of Sept 2025).

- H1 FY25-26 Gross Written Premium (GWP): ₹21,990 Cr (steady growth).

- Profit After Tax (PAT): ₹4,619 Cr (strong performance).

- Solvency Ratio improved to 385% (robust capitalization).

- Combined Ratio: 107.7% (underwriting efficiency).

- Global presence in 137 countries; supports 59 Indian insurers.

- Key segments: Property, Agriculture, Liability, Motor, Health.

- AM Best 'A-' credit rating (strong financial position).

- Sustainability focus: Digitalization & green investments.

- CSR initiatives in healthcare & education.

- Stock price: 1-year decline of -7.07% (underperformed Nifty 50).

- New initiatives: HR digital transformation, SAP upgrade, parametric covers.