Archive · 7 Aug 2025
Shriram Life Reports Strong Q1, Eyes Rural Insurance Push
Shriram Life Insurance had a strong start to the year.
They sold more new policies, with individual new business premium up by 21%.
The average amount people are paying for policies went up a lot, showing they are reaching more people.
Overall income is up too, at 27%.
They also have more money saved in investments, and they're settling claims quickly, so they are in good shape financially.
The company focuses on making insurance simple and accessible to all.
Shriram Life Insurance's individual new business premium increased by 21% in Q1 FY26.
The company's average ticket size grew 63% in Q1 FY26, reaching ₹24,799.
Total premium income rose 27% year-over-year to ₹863 crore in Q1 FY26.
Assets under management increased by 17% to ₹13,799 crore in Q1 FY26.
The company settled 18,023 claims in the quarter, with a solvency ratio of 1.75.
- Who
- Shriram Life Insurance
- What
- Shriram Life Insurance reported strong financial results for Q1 FY26.
- When
- Q1 FY26
- Where
- India
- Why
- To expand insurance access, particularly in rural and semi-urban areas.
- Individual NBP Growth
- 21% YoY
- Average Ticket Size
- ₹24,799 (63% increase)
- Total Premium Income
- ₹863 crore (27% YoY increase)
- Assets Under Management
- ₹13,799 crore (17% YoY increase)
- Claims Settled
- 18,023
- Solvency Ratio
- 1.75