* GIC Re announced its financial performance for the half year ended 30.09.2025. * Standalone Financial Highlights (H1 FY26 vs H1 FY25): * Gross Premium Income increased to ₹21,989.71 crore for the half year ended 30.09.2025, up from ₹20,819.16 crore in the prior year. * Incurred Claims ratio improved to 86.45% from 91.58%. * Underwriting Loss reduced by 45.50% to ₹1,295.47 crore compared to ₹2,376.95 crore. * Gross Investment Income rose to ₹6,986.77 crore from ₹6,166.41 crore. * Solvency Ratio improved to 3.85 as on 30.09.2025 from 3.42 as on 30.09.2024. * Profit Before Tax (PBT) increased by 55.58% to ₹5,716.30 crore compared to ₹3,674.29 crore. * Profit After Tax (PAT) increased by 59.43% to ₹4,619.02 crore compared to ₹2,897.12 crore. * Total Assets increased by 1.91% to ₹1,98,612.62 crore. * Net Worth (without fair value change account) recorded at ₹46,669.38 crore. * Combined Ratio reduced by 3.93% to 107.71% from 111.64%. * Adjusted Combined Ratio improved to 84.04% from 88.86%. * The company has started providing for Catastrophic Reserve on a quarterly basis instead of annually. * Consolidated Financial Highlights (H1 FY26 vs H1 FY25): * Consolidated Gross Premium Income was ₹22,123.39 crore compared to ₹21,103.51 crore. * Consolidated Gross Investment Income was ₹7,060.85 crore compared to ₹6,204.46 crore. * Consolidated PBT was ₹5,978.76 crore compared to ₹3,777.05 crore. * Consolidated PAT was ₹5,404.12 crore compared to ₹3,256.36 crore. * Group's Net Worth (without fair value change account) was ₹51,694.97 crore compared to ₹43,029.24 crore. * Domestic business grew by 4.6% to ₹17,080.66 crore, while International business grew by 9.4% to ₹4,909.05 crore. * GIC Re expects to maintain market leadership on strong financials and aims to reduce its reliance on investment income in the future.
