General Insurance Corporation of India announced Q1FY26 results Gross Premium Income of the company was Rs 12,388.01 crore for Q1FY26 as compared to Rs 12,405.68 crore for the Q1FY25. (IRDAI had changed the accounting of long term policies in October 2024 to 1/n, because of which premium figures of the current quarter is lower and not exactly comparable with 30.6.2024) Incurred Claims ratio is 90.42% in the Q1FY26 from 89.77% in the Q1FY25. (This is due to two large, extraordinary losses which were not present in the quarter of the previous year – Jindal Poly Films Fire loss where 100% loss figures are Rs. 2300 crores and the Air India aviation loss). Underwriting Loss is reduced by 29.55% to Rs 907.76 crore for the Q1FY26 as compared to Rs 1,288.53 crore for the Q1FY25. Gross Investment Income has increased by 18.37% to Rs 3,228.51 crore for the Q1FY26 as compared to Rs 2,727.43 crore for the Q1FY25.Solvency Ratio is 3.85 as on 30.06.2025 as compared to 3.36 as on 30.06.2024. Profit Before Tax (PBT) increased by 61.04% to Rs 2,243.54 crore for the Q1FY26 as compared to Rs 1,393.16 crore for the Q1FY25. Profit After Tax (PAT) increased by 69.08% to Rs 1,752.23 crore for the Q1FY26 as compared to Rs 1,036.36 crore for the Q1FY25. (We have started the practice of providing for Catastrophic Reserve on a Quarterly basis and not annually as done previously. If this were not done, PBT and PAT figures would be higher by 143.47 crores) Total Assets increased by 5.89% to Rs 1,97,539.62 crore as on 30.06.2025 as compared to Rs 1,86,552.46 crore as on 30.06.2024. Net Worth of the company (without fair value change account) increased by 17.19% to Rs 45,275.48 crore as on 30.06.2025 as against Rs 38,635.23 crore as on 30.06.2024. Net Worth of the company (including fair value change account) increased by 4.17% to Rs 89,512.55 crore on 30.06.2025 as against Rs 85,926.02 crore as on 30.06.2024. Combined Ratio is reduced by 2.66% to 106.94% for the Q1FY26 as against 109.60% for the Q1FY25. Adjusted Combined Ratio is 87.51% for the Q1FY26 as against 92.97% for the Q1FY25. Result PDF