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Competition concentrated in specific areas for life insurance, says Shriram Life Insurance's Casparus Kromhout freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Shriram Life Insurance profit grows three times to 106 crores in FY 20-21 adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Shriram Life Insurance FY21 net profit at ₹106 crore May 21, 2021 Casparus Kromhout (file photo) - PAUL NORONHA× Gross premium increased by 23 per cent to ₹2,019 crore Private insurer Shriram Life Insurance reported a three fold increase in its net profit to ₹106 crore in 2020-21. Gross premium increased by 23 per cent to ₹2,019 crore last fiscal while the number of policies increased by eight per cent to 2,95,838. “This growth was supported by a 25 per cent growth on total new business premium and 24 per cent growth on retail renewals,” it said in a statement on Friday, adding that approximately 47 per cent of its new business came from the rural segment. ....