Chola MS Insurance posts ₹374-crore PBT in FY21 - The

Chola MS Insurance posts ₹374-crore PBT in FY21 - The Hindu BusinessLine


May 10, 2021
Suryanarayanan V, Managing Director, Chola MS×
In the previous fiscal, the company reported a GWP of ₹4,398 crore and a profit after tax of ₹149 crore
Cholamandalam MS General Insurance Company Ltd (Chola MS), a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group, Japan, has reported a profit before tax of ₹374 crore and a gross written premium (GWP) of ₹4,388 crore in FY21.
In the previous fiscal, the company reported a GWP of ₹4,398 crore and a profit after tax of ₹149 crore.
The company’s performance drew level with the previous year’s volumes despite the pandemic induced lockdown and economic slowdown, said a statement.

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