GICRE
General Insurance Corporation of India
NSELast Traded Price
₹354
2.15 (0.61%)
Open
₹354
High
₹355.9
Low
₹351.9
Prev Close
₹351.85
Industry
General Insurance
Market Cap
62105.76 Cr
Filing History
Recent corporate announcements and filings for GICRE
Business Update
Positive
2026-08-20 16:27
- Management reiterated focus on profitable growth, portfolio quality, and disciplined risk selection, particularly in the international market.
- Aspiration for a 10% overall growth, with more pronounced growth expected in foreign markets.
- Target combined ratio for the domestic book at approximately 103% and for the foreign book at 95% within the next 2-3 years.
- Q1 FY27 consolidated profitability was lower than standalone due to losses from South Africa (INR287 crores) and Moscow (INR29 crores) subsidiaries.
- A provision of INR440 crores has been made for Gujarat flood losses in Q1 FY27.
- Solvency ratio improved to 4.32, and the company aspires for a credit rating upgrade to 'A'.
- The long-term goal for business mix is 50/50 domestic/international, with a medium-term target of 60/40.
- The investment book's market value is INR157,000 crores, primarily in fixed income (73.4%) and equity (~17%).
Business Update
Positive
2026-08-19 22:42
- Corrigendum filed for Q1 FY2027 Investor Presentation, rectifying typographical errors in incurred claim ratio, net-worth, and investment returns. This revised presentation reports improved Combined Ratio, Solvency Ratio, Incurred Claims Ratio, and ROE for Q1 FY27.
Business Update
Neutral
2026-08-17 18:17
- Earnings call for Q1 FY27 financial results (period ended June 30, 2026) was conducted on August 17, 2026.
- The audio recording of the call is available on the Company's website.
Financials
Positive
2026-08-15 11:34
- The Board of Directors recommended a dividend of Rs. 13.25 per equity share for FY 2025-26, subject to shareholder approval at the 54th AGM.
- The record date for the final dividend is Friday, September 4, 2026.
- Dividend income will be subject to Tax Deduction at Source (TDS) as per the Income Tax Act, 2025.
- Shareholders must submit required documents by September 7, 2026, for applicable TDS rates or exemptions.
Business Update
Neutral
2026-08-15 00:30
- General Insurance Corporation of India (GIC Re) filed an Investor Presentation for Q1 FY 2027 Financial Results on August 14, 2026.
- The presentation is also available on the company's website.
Governance
Neutral
2026-08-14 08:34
- Shri Hiteshkumar Kismatbhai Bhandari (DIN: 11890575) assumed office as Part-time Non-Official Director on the Board of General Insurance Corporation of India (GIC Re).
Financials
Negative
2026-08-13 14:02
- Q1 FY27 Consolidated Revenue ₹13,541.51 Cr vs ₹12,417.16 Cr (▲9.1% YoY)
- EBITDA (PBT) ₹2,191.78 Cr vs ₹2,663.67 Cr (▼17.7% YoY)
- PAT ₹1,743.67 Cr vs ₹2,530.59 Cr (▼31.1% YoY)
- EBITDA Margin 16.2% vs 21.5% (▼530bps)
Governance
Neutral
2026-08-13 13:49
- Mr. Sanjeeb Mishra, previously approved as Company Secretary, Compliance Officer, and KMP, conveyed his inability to join the Corporation due to personal reasons.
- Consequently, Mr. Satheesh Kumar will continue as Company Secretary, Compliance Officer, and Key Managerial Personnel of the Corporation.
Routine
Neutral
2026-08-13 13:46
New Filing detected. See link for details.
Governance
Neutral
2026-08-13 00:07
- Shri Hiteshkumar Kismatbhai Bhandari appointed as Part-time Non-Official Director on the Board of General Insurance Corporation of India.
- The appointment is for a period of three years, effective from August 12, 2026.
Business Update
Neutral
2026-08-12 17:35
- Concall Schedule
- Concall Date: 17th August 2026
- Concall Time: 09:30hrs IST