Go Digit General Insurance Ltd — earnings calls

Go Digit reported a soft Q1 FY27 with gross written premium down 8% year-on-year, driven by deliberate reductions in commercial vehicle, fire, and reinsurance inward business where pricing was unattractive. Management said profit after tax on its preferred KPI basis (with DAC, excluding mark-to-market and discounting) fell 5% to Rs 190 crore, with combined ratio at 107.2% on that basis versus 104.3% including discounting. The company said it prioritized underwriting discipline over growth, citing declining third-party motor rates, rising claims costs, and pressure from expense of management rules on commissions.

Go Digit reported gross written premium of about Rs 11,300 crore for FY26 and restated its results under the new Indian accounting standards aligned with IFRS for comparability going forward. Profit before tax on this new basis was Rs 239 crore for the quarter versus Rs 142 crore a year earlier, with full-year ROE at 17.7% on Indian net worth. Management also discussed combined ratio, loss ratios across segments, investment yields and duration, reinsurance treaty renewals, and product mix trends including growth in two-wheeler and fire lines alongside a decline in commercial vehicle share.