Shriram General Insurance's Q4 Results: GWP Up 30 per cent to Rs 876Cr, Records Highest Ever Growth in FY 2023 -24
NewsVoir Jaipur Rajasthan [India] May 22 Shriram General Insurance Company SGIC has announced that its Gross Written Premium GWP during Q4 FY24 has increased by 30 to Rs 876 crore over the same period last year For the fiscal year ended March 2024 the insurer witnessed a 34 growth in GWP surpassing the industry growth of 128 The company wrote 1474981 policies in Q4FY24 and earned a net profit of Rs 121 crore during the fourth quarter of FY24 Profits for the year rose 22 YoY at Rs 455 crore The company has settled 55997 claims during Q4 FY24 compared to 42442 in the year ago period The solvency...