GIC Re reports underwriting loss of ₹392.3 crore for Q4


General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported an underwriting loss of ₹392.3 crore for the fourth quarter ended March 31st, 2025, compared to a profit of ₹570.06 crore in the prior year fourth quarter. The combined ratio for Q4’25 deteriorated to 103.56%, compared to 89.26% in Q4’24. Net […]