ReferIndia News GIC Re net profit rises 25.2% to ₹8,392 crore in FY26

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GIC Re net profit rises 25.2% to ₹8,392 crore in FY26

Published on: June 8, 2026, 7:14 p.m. | Source: scanx.trade

General Insurance Corporation of India reported a 25.23% increase in standalone net profit to ₹8,392.18 crore for FY26, supported by a reduction in underwriting losses and higher investment income. The solvency ratio improved to 4.21, and the combined ratio declined to 106.02%. Domestic business grew 7.56% to ₹32,979.23 crore, while international business rose 5.11% to ₹11,027.51 crore.

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