Jaipur, May 12, 2025.

Driven by strong growth in motor premium, Shriram General Insurance Company (SGI) has reported a 25% year-on-year increase in Gross Written Premium (GWP) for Q4 FY25, at Rs. 1099 Cr, up from Rs. 876 Cr in the same quarter last year.Atthe end of FY25 the GWP of the insurer grew by 24%, rising from Rs 3036 Cr in FY24 to Rs.3753 Cr, significantly outperforming the general insurance industry's growth rate of 6%.  

Net profit for the quarter rose to Rs 130 Cr, an8% growth from Rs. 121 Cr in the same period last year.Investment income rose by 12%. For FY25 the net profit rose to Rs. 515 from Rs.455 a 13% increase from the same period a year ago.

Anil Aggarwal, MD & CEO of Shriram General Insurance Company, stated, “In FY25, we have delivered a strong performance driven by a focused approach in the motor segment. Our resilience and agility have enabled us to outperform industry significantly across key parameters. Looking ahead, we are focused on diversifying our portfolio, expanding our digital capabilities, and enhancing our presence in underserved markets. We believeour strategic initiatives are designed to deliver sustainable growth and value for our stakeholders."

SGI issued 16.12 Lakh policies during the fourth quarter of FY25, up by 9% YoY. SGI has issued 60.85Lakh policies for the year compared to 58.90Lakh policies issued last year reflecting 3% growth.

The company’s solvency ratio stands at 3.51 as of March 2025, well above the regulatory requirement of 1.50. 

SGI has 65.17Lakh live policies by the end of FY25, compared to 62.59Lakh policies in the year ago period.