Strong Growth in Premiums – Shriram Life Insurance’s individual new business premium rose 21% YoY to ₹257 crore in April–June 2025, driven by network expansion, more branches, and higher average ticket size.
AUM and APE Increase – Assets Under Management grew 17% to ₹13,799 crore, while Individual New Business APE rose 9% to ₹215 crore.
Total Premium Surge – Total premium for the quarter jumped to ₹863 crore from ₹679 crore in the same period last year.
Higher Claims Settlement – The company settled 18,023 claims in Q1 FY26, up from 15,924 in the year-ago quarter.
Shriram Life Insurance Reports 21% Growth in Q1 Individual New Business Premium
The individual new business premium stood at ₹212 crore during the corresponding quarter of last financial year, the company said in a statement here
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Summary
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Shriram Life Insurance Company has reported a 21% growth to ₹257 crore in the individual new business premium during the April-June 2025 quarter on account of increased distribution network, branch expansion and higher average ticket size.
The individual new business premium stood at ₹212 crore during the corresponding quarter of last financial year, the company said in a statement here.
The Assets Under Management (AUM) during the June quarter grew by 17% to ₹13,799 crore, as compared to ₹11,841 crore registered during the corresponding quarter of the last financial year.
Commenting on the financial performance, Shriram Life Insurance MD and CEO Casparus J H Kromhout said, his company has been guided by a clear vision to deepen presence in rural and semi-urban markets and reach every corner of society.
"Our strategy is focused on making life insurance simpler and more accessible for everybody we serve," he said in a company statement on Friday.
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The Individual New Business Annualised Premium Equivalent (APE) during the quarter under review grew by 9% to ₹215 crore, as compared to ₹198 crore recorded in the corresponding quarter of the last financial year.
The Total premium during the April-June 2025 quarter jumped to ₹863 crore, as compared to ₹679 crore recorded in the same quarter of last fiscal.
During the April-June 2025 quarter, the company settled 18,023 claims in individual and group policies as compared to 15,924 claims made in the corresponding period of last financial year, it added.
