Shriram General Insurance (SGI) has posted robust financial results for the fourth quarter of FY25, registering a 25% year-on-year growth in Gross Written Premium (GWP) to ₹1,099 crore, significantly outpacing the industry average. Net profit for the quarter also rose by 8% to ₹130 crore, driven largely by stellar performance in the motor insurance segment, which grew 27% YoY.
For the full fiscal year, SGI reported a 24% increase in GWP to ₹3,753 crore and a 13% rise in net profit to ₹515 crore. The company also maintained a healthy solvency ratio of 3.51, well above the regulatory requirement.
“Our focused strategy in the motor segment has paid off, and we continue to outperform the industry across key parameters,” said Anil Aggarwal, MD & CEO of SGI. He added that the company will now focus on diversifying its portfolio and expanding its digital footprint.
Other key highlights include a 9% growth in assets under management, the issuance of over 60 lakh policies during the year, and a 51% increase in the recruitment of financial advisors. SGI currently manages ₹13,140 crore in assets and operates through 279 branches across India.
