GICRE
General Insurance Corporation of India
NSE BSELast Traded Price
₹334.7
-4.4 (-1.3%)
Open
₹338.6
High
₹343.05
Low
₹332.1
Prev Close
₹339.1
Industry
General Insurance
Market Cap
58711.00 Cr
Filing History
Recent corporate announcements and filings for 540755
Governance
Neutral
2026-11-09 17:42
- General Insurance Corporation of India announced the renewal of appointment of Mr. Suresh Sindhi as Appointed Actuary (Life) and Key Managerial Person.
- The appointment is effective from November 09, 2026, for a period of one year.
- Mr. Suresh Sindhi is a fellow of the Institute of Actuaries of India and the Institute and Faculty of Actuaries, UK, with over two decades of experience.
Business Update
Neutral
2026-11-07 09:39
- Earnings call conducted on 6th November 2026 for Q2 FY27 financial results.
- Audio recording of the call is accessible on the Corporation's official website.
Business Update
Neutral
2026-11-05 23:02
- General Insurance Corporation of India (GIC Re) released its investor presentation for October 2026.
- The presentation highlights the global and Indian reinsurance industry overview, market trends, and growth projections.
- GIC Re expects to maintain its market leadership in India supported by strong financials and favorable demographics.
Business Update
Neutral
2026-11-03 19:02
Concall Schedule
Concall Date: 06th November 2026
Concall Time: 11:30 hrs IST
Financials
Neutral
2026-10-30 20:17
CRITICAL RED FLAG DETECTED
- Q2 FY27 Standalone Net Premium Earned stood at ₹10,559.68 Cr vs ₹8,924.80 Cr YoY.
- Standalone PAT stood at ₹2,455.62 Cr vs ₹2,866.79 Cr (▼14.3% YoY).
- Standalone PBT was ₹3,101.54 Cr vs ₹3,472.76 Cr YoY.
- Executive Director (KMP) Jayashri Balkrishna opted for VRS, relinquishing office.
Financials
Neutral
2026-10-30 20:17
CRITICAL RED FLAG DETECTED
- Net Premium Earned stood at ₹10,559.68 Cr vs ₹8,924.80 Cr YoY (▲18.3%)
- Standalone PBT at ₹3,101.54 Cr vs ₹3,472.76 Cr YoY (▼10.7%)
- Net Profit after tax at ₹2,455.62 Cr vs ₹2,866.79 Cr YoY (▼14.3%)
- Executive Director (KMP) Jayashri Balkrishna opted for voluntary retirement (VRS).
Financials
Neutral
2026-10-30 20:16
Consolidated Financials for Half Year ended 30.09.2026: Gross Premium ₹24,712.89Cr vs ₹22,123.39Cr (▲11.7% YoY)
Profit Before Tax (PBT) ₹5,790.25Cr vs ₹5,978.76Cr (▼3.1% YoY)
Profit After Tax (PAT) ₹4,709.36Cr vs ₹5,404.12Cr (▼12.8% YoY)
Investment Income ₹7,576.39Cr vs ₹7,179.50Cr (▲5.5% YoY)
Governance
Neutral
2026-10-22 19:06
- General Insurance Corporation of India has issued a notice of postal ballot dated October 22, 2026.
- Seeking approval for the appointment of Shri Divesh Sehara as Government Nominee Director on the Board.
- Remote e-voting period commences on October 23, 2026, and ends on November 21, 2026.
Governance
Neutral
2026-10-09 19:16
- The Board of Directors approved the temporary relocation of the existing office premises for internal and external repairs and maintenance.
- Approved the appointment of Mrs. Prerana Puthran as the Chief Risk Officer (Key Managerial Person) effective October 9, 2026, replacing Ms. Jayashri Balkrishna.
- Mrs. Prerana Puthran brings extensive experience since joining GIC Re in 1992, having handled underwriting, risk management, and investor relations.
Governance
Neutral
2026-10-09 19:16
- Appointment of Mrs. Prerana Puthran as Chief Risk Officer (Key Managerial Person) w.e.f. 9th October 2026.
- Mrs. Prerana Puthran replaces Ms. Jayashri Balkrishna.
- In-principle approval granted for temporary relocation of office premises for repairs and maintenance.
Governance
Neutral
2026-10-09 19:16
- General Insurance Corporation of India announced board approval for the temporary relocation of its office premises for repairs and maintenance.
- Appointed Mrs. Prerana Puthran as the Chief Risk Officer (KMP) effective October 9, 2026, replacing Ms. Jayashri Balkrishna.
Business Update
Positive
2026-10-08 22:16
- General Insurance Corporation of India informed about credit rating affirmation by AM Best on October 8, 2026.
- Financial Strength Rating affirmed at A- (Excellent).
- Long-Term Issuer Credit Rating affirmed at a- (Excellent) and National Scale Rating at aaa.IN (Exceptional).
- Outlook is stable, reflecting very strong balance sheet strength and adequate operating performance.
Governance
Neutral
2026-10-01 21:37
- General Insurance Corporation of India informed the exchange regarding the appointment of new Joint Statutory Auditors.
- Appointed Auditors: M/s S H B A & CO LLP and M/s S A R A & Associates.
- Appointment made by the Comptroller and Auditor General of India (C&AG) for FY 2026-27.
Routine
Neutral
2026-09-28 23:33
- Trading window closed for designated persons and immediate relatives from October 1, 2026.
- Reopens 48 hours after financial results for the period ended September 30, 2026, are announced.
- Board meeting date to be intimated separately.
Business Update
Neutral
2026-09-15 20:06
- Investor/Analyst Meet Schedule
- **Date: Friday, 18th September 2026**
- Time: From 9:00 A.M. onwards with JP Morgan India (One-to-One, Physical).
- Time: From 11:00 A.M. onwards with SBI Pension Fund, Tata Mutual Fund, ICICI Prudential Mutual Fund (One-to-One, Physical).
- **Date: Monday, 21st September 2026**
- Time: From 10:00 A.M. onwards with Bandhan Mutual Fund (One-to-One, Physical).
- No Unpublished Price Sensitive Information (UPSI) will be shared during the meetings.
Governance
Neutral
2026-09-15 19:55
- Shri Divesh Sehara appointed as Director (Government Nominee) on GIC Re's Board, replacing Shri Manoj Muttathil Ayyappan. - Appointment by Ministry of Finance, effective immediately.
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