BANKING & FINANCE
GIC Re Posts 25% Rise In FY26 Profit, Underwriting Losses Narrow Sharply
India’s leading reinsurer General Insurance Corporation of India (GIC Re) reported a strong financial performance for FY26, with profit after tax (PAT) rising 25.23% year-on-year to Rs 8,392 crore, driven by higher premium income, improved underwriting performance and steady investment income growth. The company’s gross premium income for FY26 stood at Rs 44,007 crore as […]
