Non-life, Ratings, Ratings affirmation, Ratings outlook affirmation, Reinsurance

AM maintains GIC Re’s ratings, stable outlook as FY 2025 underwriting stays unprofitable

The Indian reinsurer’s return on equity rose to 9.2% in FY 2025 on stronger investment income, but elevated COR kept underwriting performance in the red.

Charlie Tanala

October 13, 2025

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3 min read

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August