Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q1 FY2027 GDPI grew 7.5% to ₹83.18bn vs industry 10.9%; retail lines drove growth - Combined ratio rose to 107.2% from 102.9%, impacted by ₹0.63bn fire losses and ₹1.65bn Motor TP Supreme Court judgement provision - Excluding these, combined ratio stable at ~102.3% - PAT declined 46% to ₹4.03bn; excluding impacts, PAT down 23% to ₹5.75bn - Motor segment grew 14%, market share 10.5%; Retail Health grew 69.5%, market share 4.5% - Fire segment faced severe pricing pressure, 27.8% industry de-growth - Supreme Court judgement on Motor TP loss ratio may increase industry loss ratio 12-15%, prompting urgent premium rate revision - Company maintains prudent reserving, including for retrospective judgement impact - Digital adoption strong: IL TakeCare app downloads 22.1mn, digital claims up 20%, call center NPS improved to 76 - Solvency ratio strong at 2.71x, ROAE 9.6% impacted by large losses and judgement provision - Management expects competitive intensity in Fire to ease; Motor TP pricing and claims environment evolving with regulatory and market actions