General Insurance Corporation of India Posts 25% YoY Profit Rise

• Total Income rose to ₹ 48,90,062 Lakhs, up about 9% YoY from ₹ 44,98,782 Lakhs.
• Operating Profit jumped to ₹ 6,84,996 Lakhs, a ≈28% YoY increase, reflecting a healthier operating margin (≈14% of total income).
• Profit after Tax surged to ₹ 8,39,218 Lakhs, up ≈25% YoY from ₹ 6,70,136 Lakhs.
• EPS (basic & diluted) climbed to ₹ 47.84 from ₹ 38.20.
• Solvency Ratio improved to 4.21 (vs 3.70), underscoring a strong capital base.
• Combined Ratio fell to 106.02% (from 108.81%), while the Adjusted Combined Ratio edged lower to 84.79% (vs 85.79%), indicating modest underwriting improvement.

Operating highlights

• Gross Premiums Written: 11,03,048 Lakhs; Net Premiums Written: 9,91,707 Lakhs; Premium Earned (Net): 9,78,506 Lakhs.
• Segment profit/loss:
  • Fire generated an underwriting profit of +₹ 292 Lakhs with operating profit ₹ 3,51,264 Lakhs.
  • Motor posted an underwriting loss of ‑₹ 1,36,422 Lakhs; operating profit ₹ 72,328 Lakhs.
  • Aviation and Life segments recorded underwriting losses of ‑₹ 36,564 Lakhs and ‑₹ 92,127 Lakhs, respectively.
  • Agriculture, Engineering, FL/Credit, and Marine‑Hull contributed notable operating profits.
• Investment income (net) contributed ₹ 1,92,898 Lakhs; Other income (incl. FX gain) added ₹ 44,609 Lakhs.

Balance‑sheet and capital

• Total assets grew to ₹ 86,46,680 Lakhs; policyholders’ fund remained robust at ₹ 21,56,368 Lakhs.
• Net current assets stayed in deficit (‑₹ 55,92,708 Lakhs), a typical profile for a reinsurer.
• Cash & Bank balances increased to ₹ 27,79,122 Lakhs.

Cash‑flow

• Operating cash outflow narrowed to ‑₹ 65,317 Lakhs (vs ‑₹ 77,011 Lakhs).
• Investing activities showed a net outflow of ‑₹ 58,724 Lakhs after a prior year inflow.

Shareholder return

• Board recommended a final dividend of Rs 13.25 per share (265% of face value), with record date 4 Sept 2026.

Ratings & risk

• AM Best reaffirmed FSR A‑ and ICR a‑ with a Stable outlook.
• A dedicated catastrophe reserve (~₹ 73.9 bn) was maintained, and the Dubai branch remains in run‑off while migration to the GIFT‑City branch proceeds.

No explicit forward‑looking guidance was provided in the announcement.