Generalinsuranceofindia Management Guidance Tracker

7 forward-looking guidance items tracked across 2 quarters.

Growth

Q2 FY26Medium-term domestic-international mix target of 60:40Tracked

Management aims to gradually shift portfolio mix towards 60% domestic and 40% international, but will prioritize risk selection over rigid targets.

Q2 FY26Leverage A- rating for international growth in Jan 2026 renewalActive

Management expects to capitalize on the restored A- rating from AM Best during the January 2026 renewal season to drive international business growth.

Q3 FY26Medium-term premium growth of 8-10%Tracked

Expects composite premium growth of 8-10% annually, mirroring Indian reinsurance market growth and international book recovery.

Margins

Q2 FY26Life segment reserve strengthening to continue for 2-3 quartersActive

The appointed actuary expects elevated loss ratios in life business for another two to three quarters due to ongoing reserve strengthening.

Q3 FY261% annual improvement in combined ratioActive

Management targets a ~1 percentage point improvement in combined ratio each year, focusing on margin protection rather than volume expansion.

Expansion

Q3 FY26International book recovery over 3-5 yearsTracked

Business lost due to rating downgrade will be reclaimed over 3-5 years, with medium-term domestic/international mix target of 60:40.

Other

Q3 FY26Catastrophe reserve target of ₹5,000 croreTracked

Will continue building catastrophe reserve; major review planned when it reaches ₹5,000 crore.