{
  "id": 17343710,
  "title": "GIC Re H1 FY27 Profit After Tax Drops To ₹4,377.66 Crore, Gross Premium Income Up 12.34% To ₹24,703.57 Crore",
  "url": "https://urgent.news/2026/10/31/gic-re-h1-fy27-profit-after-tax-drops-to-4-377-66-crore-gross-premium",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T04:40:20.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/gic-re-h1-fy27-profit-after-tax-drops-to-437766-crore-gross-premium-income-up-1234-to-2470357-crore"
  },
  "original_language": "en",
  "account": "General Insurance Corporation of India (GIC Re) disclosed its half-year financial results for the period ending 30 September 2026, revealing a profit after tax of ₹4,377.66 crore, a 5.23% decline from ₹4,619.02 crore in the same period last year. Notably, gross premium income surged 12.34% to ₹24,703.57 crore, up from ₹21,989.71 crore in the previous half year. The underwriting loss expanded by 38.4% to ₹1,709.06 crore, while investment income rose to ₹7,503.78 crore from ₹7,105.41 crore. The solvency ratio improved to 4.18, while the combined ratio decreased slightly to 107.39%. Total assets grew by 7.46% to ₹2,13,420.24 crore, and net worth increased to ₹53,402.32 crore. Domestic gross premium accounted for 80% of the total, growing by 15.9%, while international gross premium remained flat.",
  "summary": "Mumbai: General Insurance Corporation of India (GIC Re) on Friday announced its financial performance for the half year ended 30 September 2026, reporting a profit after tax of ₹4,377.66 crore, a decrease of 5.23 per cent from ₹4,619.02 crore in the corresponding period last year. Gross Premium Income Rises The gross premium income for the half year stood at ₹24,703.57 crore, up from ₹21,989.71…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}