General Insurance Corporation of India announced its Q3FY26 quarterly results under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, showcasing continued robust financial performance. The reinsurance major reported strong results for both the quarter and nine months ended December 31, 2025, demonstrating significant growth across key operational and financial metrics.

Q3FY26 Quarterly Performance

For the quarter ended December 31, 2025, the company delivered solid financial results with gross premium written reaching ₹10,986.55 crore compared to ₹9,967.71 crore in the corresponding quarter of the previous year. The company reported profit after tax of ₹1,518.92 crore for Q3FY26 against ₹1,621.35 crore in Q3FY25.

Nine-Month Financial Highlights

The company maintained its strong nine-month performance with gross premium income reaching ₹32,976.26 crore, marking a 7.11% increase from ₹30,786.87 crore in the corresponding period of the previous year. Profit after tax surged 35.84% to ₹6,137.94 crore compared to ₹4,518.47 crore in the previous year.

Improved Underwriting Performance

The company demonstrated significant improvement in its underwriting metrics during the nine-month period. The incurred claims ratio improved to 86.93% from 90.42% in the previous year, indicating better risk management and claims control. The combined ratio improved to 106.88% from 110.46% in the previous year, while the adjusted combined ratio stood at 85.08% compared to 89.12% in the nine months ended December 31, 2024.

Business Segment Performance

The company's business portfolio showed consistent performance across segments. Domestic business contributed 77% of total gross premium with ₹25,388.97 crore, growing 7.30% year-on-year. International business accounted for 23% with ₹7,587.29 crore, registering 6.40% growth.

Strong Balance Sheet Position

GIC Re's financial position strengthened considerably during the period. Total assets increased by 7.65% to ₹2,03,413.59 crore as on December 31, 2025, compared to ₹1,88,953.20 crore in the previous year. The solvency ratio improved to 3.87 from 3.52 in the corresponding period last year, demonstrating enhanced capital adequacy and financial stability.

Consolidated Performance

On a consolidated basis, including subsidiary and associate companies, GIC Re reported gross premium income of ₹33,206.85 crore for the nine months ended December 31, 2025. Consolidated profit after tax reached ₹7,129.79 crore against ₹4,932.99 crore in the corresponding period last year, while group net worth without fair value change account stood at ₹53,706.40 crore.

General Insurance Corporation of India has announced comprehensive plans for its Q3FY26 financial results disclosure, including both a board meeting and subsequent earnings call with analysts and investors. The government-owned insurance corporation issued formal notifications to stock exchanges outlining the complete timeline for its quarterly financial performance review.

Board Meeting and Results Timeline

The company's Board of Directors will convene on February 7, 2026, to consider and approve the quarterly financial results. Following the board approval, GIC Re will host an earnings call on February 11, 2026, providing stakeholders with detailed insights into the corporation's performance.

Earnings Call Details

The earnings conference call will be conducted under Regulation 30 of SEBI regulations, allowing analysts and investors to engage directly with the company's management. The call will feature comprehensive discussion of the corporation's financial performance for the quarter ended December 31, 2025.

Management Participation

Mr. Hitesh Joshi, Executive Director with Additional Charge of CMD, will lead the earnings call alongside other members of the top management team. The management representation ensures comprehensive coverage of the corporation's quarterly performance and strategic initiatives.

Trading Window and Compliance

General Insurance Corporation of India has implemented trading window restrictions as part of its insider trading compliance framework. These restrictions affect designated persons under the corporation's insider trading code and will remain in effect until 48 hours after the official announcement of financial results.

Corporate Background

General Insurance Corporation of India operates as India's largest reinsurance company, accounting for approximately 52% of premiums ceded by Indian insurers to reinsurers. The corporation, incorporated in 1972, maintains its registered office at "Suraksha", 170, J. Tata Road, Churchgate, Mumbai, and holds IRDA registration number 112. The company is rated "A-" (Excellent) by AM Best for Financial Strength Rating.