Outcome of board meeting for unaudited financial results for quarter ended 30.06.2026

Ref. No.: GIC-HO/BOARD/SE-Q1-OBM/151/2026-27 Date: 13th August 2026 To, To, The Manager The Manager Listing Department Listing Department BSE Limited The National Stock Exchange of India Ltd. 25th Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot C/1, Dalal Street G Block, Bandra Kurla Complex Mumbai – 400001 Mumbai - 400051 Scrip Code: (BSE – 540755/ NSE – GICRE) Sub: Outcome of Board Meeting held on 13th August 2026 Dear Sir/Madam, Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI (LODR) Regulations, 2015’) and other applicable requirements, we forward herewith a copy of the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026, together with the Auditors’ Limited Review Report approved by the Board of Directors at its meeting held today. The same will also be available on the website of the Corporation at www.gicre.in . The Board meeting commenced at 9:30 a.m. (IST) and concluded at 1:25 p.m. (IST) Request you to kindly take the above information on record. Thanking You. For General Insurance Corporation of India (Satheesh Kumar) Company Secretary & Compliance Officer Encl.: A/A Public SHBA&COLLP S A R A & Associates (Formerly Bathiya & Associates LLP) Chartered Accountants Chartered Accountants 202, May Building, 297/299/301, 912, Solaris One, Princess Street, Near Marine Lines Flyover, N. S. Phadke Road, Marine Lines, Mumbai-400 002 Andheri East, Mumbai -400 069. Independent Auditor's Limited Review Report on Quarter ended Unaudited Standalone Financial Results of General Insurance Corporation of India pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 as amended read with IRDA Circular No.: IRDA/F&A/CIR/LFTD/027/01/2017 dated January 30, 2017 The Board of Directors, General Insurance Corporation of India 1. We have reviewed the accompanying statement of unaudite~ standalone financial results of General Insurance Corporation of India (the "Corporation") for the Quarter ended June 30, 2026 (the "statement"), being submitted by the Corporation pursuant to the requirement of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (the "Regulations"), read with IRDA Circular No. IRDA/F&A/CIR/LFTD/027/01/2017 dated January 30, 2017 (the "Circular"). This Statement which is the responsibility of the Corporation's Management has been prepared in accordance with the recognition and measurement principles laid down in the Accounting Standard 25 "Interim Financial Reporting" ("AS 25"), prescribed under Section 133 of the Companies Act, 2013 (the "Act") as amended read with relevant rules issued thereunder, accounting and presentation principles as prescribed in the relevant provisions of the Insurance Act, 1938 (the "Insurance Act"), the Insurance Regulatory and Development Authority Act, 1999 (the "IRDA Act") and Insurance Regulatory and Development Authority of India (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024; orders/directions/circulars issued by the Insurance Regulatory and Development Authority of India ("IRDAI"/ "the Authority") to the extent applicable and other recognized accounting practices and policies and approved by the Board of Directors of the Corporation. Our responsibility is to issue a review report on the statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Corporation personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and, accordingly, we do not express an audit opinion. In the conduct of our review, we have not covered foreign and Indian branches. SHBA&COLLP S A R A & Associates (Fonnerly Bathiya & Associates LLP) Chartered Accountants Chartered Accountants 202, May Building, 297/299/301, 912, Solaris One, Princess Street, Near Marine Lines Flyover, N. S. Phadke Road, Marine Lines, Mumbai - 400 002 Andheri East, Mumbai -400 069. 3. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited Standalone Financial Results prepared in accordance with AS 25 prescribed under Section 133 of the Act as amended read with relevant rules issued thereunder, accounting and presentation principles as prescribed in the relevant provisions of the Insurance Act, the IRDA Act and the Insurance Regulatory and Development Authority oflndia (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024; orders/ directions/ circulars issued by the IRDAI to the extent applicable and other recognized accounting practices and policies, has not disclosed the infonnation required to be disclosed in tenns of Regulation 33 of the Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement. 4. Other Matters a. We or the branch auditors did not review the interim financial infonnation of One Indian Branch and Three foreign branches (including one run off branch) included in this Standalone Financial Results whose financial results reflects total Premiums earned (Net) (before eliminations) of~ 49,323 Lakhs for the quarter ended June 30, 2026, Total Assets (before eliminations) of ~ 12,91,368 Lakhs as at June 30, 2026 as considered in the Standalone Financial Results. According to the information and explanations given to us by the Management, these interim financial infonnation are not material to the Corporation. b. Three branches are located outside India whose interim financial infonnation have been prepared in accordance with accounting principles generally accepted in their respective countries and the Corporation's management has converted the interim financial infonnation of such branches located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Corporation's management. Our conclusion in so far as it relates to the balances and affairs of such foreign branches located outside India is based on management certified accounts and the material conversion adjustments workings prepared by the management of the Corporation reviewed by us. c. The actuarial valuation of liabilities in respect of Incurred But Not Reported (the "IBNR") including Incurred But Not Enough Reported (the "IBNER"), Premium Deficiency Reserve (the "PDR") and Technical Reserves (the "TR") is the responsibility of the Corporation's Appointed Actuaries (the "Appointed Actuaries"). The actuarial valuation of these liabilities, that are estimated using statistical methods, as at June 30, 2026 has been duly SHBA&COLLP S A RA & Associates (Formerly Bathiya & Associates LLP) Chartered Accountants Chartered Accountants 202, May Building, 297/299/301, 912, Solaris One, Princess Street, Near Marine Lines Flyover, N. S. Phadke Road, Marine Lines, Mumbai - 400 002 Andheri East, Mumbai -400 069. certified by the Appointed Actuaries and in their opinion, the assumptions considered by them for such valuations are in accordance with the guidelines and norms issued by the IRDAI and the Institute of Actuaries of India in concurrence with the IRDAI. We have relied upon the Appointed Actuary's Certificates in this regard for forming our conclusion on the valuation of liabilities for outstanding claims reserves, the PDR and TR contained in the Standalon [Showing first 8,000 characters — download PDF for full document]