Go Digit General Insurance has released its financial results for the second quarter and first half of the financial year 2027. The company announced its insurance revenue, profit figures, and key performance indicators, including solvency ratio and combined insurance service ratio for the respective periods. The results reflect the company’s operational performance and financial health amidst market conditions.
Go Digit General Insurance Announces Q2 and H1 FY27 Financial Performance
Go Digit General Insurance has disclosed its financial performance for the quarter and half-year ended September 30, 2026. The company’s results, prepared under Indian Accounting Standards (Ind AS), provide insights into its operational and financial standing. Key figures such as Insurance Revenue, Profit Before Tax, and Profit After Tax have been reported for both Q2 FY27 and H1 FY27, offering a snapshot of the company’s financial trajectory.
Key Financial Highlights
For Q2 FY27, Insurance Revenue stood at ₹2,720 crore, with Profit Before Tax (Ex MTM) at ₹278 crore and Profit After Tax (Ex MTM) at ₹208 crore. The combined insurance service ratio (CISR) for the quarter was 99.8%. Looking at H1 FY27, Insurance Revenue reached ₹5,386 crore, Profit Before Tax (Ex MTM) was ₹597 crore, and Profit After Tax (Ex MTM) was ₹447 crore. The CISR for H1 FY27 was 98.4%.
Solvency and Assets Under Management
The company reported a robust Solvency Ratio of 2.40x as of September 30, 2026, exceeding the regulatory requirement of 1.50x. Assets Under Management (AUM) grew to ₹24,371 crore as of September 30, 2026, indicating a 15.9% increase compared to the previous year. This growth reflects the company’s expanding market presence and investor confidence.
GDPI and GWP Growth
The Gross Direct Premium Income (GDPI) and Gross Written Premium (GWP) figures for various segments were also detailed. For Q2 FY27, GDPI saw a growth of -1.2% for Total, while GWP experienced a decline of -3.6%. The company noted that excluding health reinsurance and government health business, GWP remained flat due to strategic non-renewal of unattractive pricing.
Claims Ratios
Claims ratios were presented for different business lines. The total claims ratio for Q2 FY27 was 62.4%, an increase from 58.6% in FY 2026. Motor Total claims ratio stood at 58.4% in Q2 FY27, with Motor OD at 80.3% and Motor TP at 45.2%.
Reserving Triangle Disclosures
The document also included Reserving Triangle Disclosures for the Whole Account and Motor TP segments, detailing incurred losses and allocated expenses over multiple years. These disclosures provide a long-term view of the company’s reserving practices and the development of claims liabilities.
Source: BSE
