GIC Re's Q1 FY26 net profit surged 80.67% YoY, driven by higher investment income and reduced underwriting losses.

• Underwriting losses narrowed to Rs 526.89 crore from Rs 1,242.10 crore, aided by lower commission and management expenses.
• Earned premium grew 11.65% YoY, while the incurred claims ratio improved to 86.84% from 89.17%, showing stronger claims control.
• Net investment income rose 20.10% YoY to Rs 3,349.37 crore, while other income surged 64.89% during the quarter.