Key highlights of Q1fy26
31 % yoy growth in gwp while the industry grew at 9 %
9% Yoy Growth in Net Profit
Solvency ratio at 3.35 as on 30th June 2025
31% yoy growth in the motor segment
5% Increase in recruitment of Financial Advisors During the Quarter
Shriram general insurance company (sgi) Delivered a Strong Performance in Q1 FY26, Driven by Sustained Momentum in its Motor Insurance Portfolio. The company recorded a 31% year-on-year Increase in Gross Written Premium (GWP), Reaching Rs. 960 Crore, up from Rs. 733 Crore in Q1 FY25-WOLL Ahead of the General Insurance Industry’s Average Growth Rate of 9%.
Net Profit for the Quarter Rose by 9%, Climbing to Rs. 125 Crore from Rs. 114 Crore in the same period last year. Additional, Investment Investment Income Grew by 7%, Supported by Consistencious Returns from Financial Instruments.
Mr. Anil Aggarwal, MD & CEO, Shriram General Insurance
Anil Aggarwal, MD & CEO of Shriram General Insurance CompanySaid, “It’s been a strong start to the year. Our Q1 performance reflects the strength of our core segments and the growing trust of our customers. We Issued 15.41 Lakh Policies during the first Quarter of FY26, A 20% Increase from 12.82 Lakh Policies in the same period last year.,
,While the motor segment Continues to be a consistent performance, we’re also seeing promising growth in the recently launched health insurance products. We’re optimistic that this Momentum will carry forward in the year ahead. With such a strong start to the year, we’re excited about the potential to deliver standout results in the upcoming Quarters,“He noted.
The company’s solvency ratio study at 3.35 as of June 2025, well above the regulatory requirement of 1.5. SGI HAD 68 Lakh Active Policies at the End of Q1fy26 Compared to 63 Lakh A Year ago.
The company’s drive to Onboard Financial Advisors Gained Further Momentum with 4777 New Financial Advisors Recruited During the Quarter. SGI’s Total Financial Advisor Strength Stands at 93,769 with plans to scare this up to 2,00,000 by fiscal year 2029-30.
Segment Wise GWP (In Rs. CR)
Particulars | Q1fy26 | Q1fy25 | Growth % |
Motor | 866.89 | 663.86 | 31% |
Personal Accident | 28.96 | 26.59 | 9% |
Fire | 35.41 | 28.27 | 25% |
Engineering | 6.98 | 5.96 | 17% |
Health | 4.08 | 0.75 | 445% |
Business Protector | 10.13 | 2.07 | 389% |
Others Miscelllaneous | 7.93 | 5.59 | 42% |
Total | 960.38 | 733.08 | 31% |
About shriram general insurance company
Shriram General Insurance Company (SGIC), Jointly Owned by Shriram Group and Sanlam Group, South Africa offers a Complete Range of General insures products, Ranging from HOME and POROM MOTOR, PROM MOTOR, PROM MOTOR, Accidents and health in the retail space and customized products like Fire, Engineering, and Marine Insurance in the corporate space. Shriram General Insurance Manages Assets Worth Rs 13377 Croreâ € ¯cross with 68 Lakh Live Policies. The company has 279 branches in 26 states and an employee strength of 4156 across India, as of June 2025.
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About shriram group
Shriram group is India’s Leading Financial Congress with a Dominant Presence in Retail Financing, Life Insurance, General Insurance, Chit, Chit Fund, Stock Brooking, Asset MANAGEMENT Financial Products, and Wealth Advisory Services. The group focuses on serving the undersered and is driven by As of March 2025, Shiriram Group has an overall customer base of 3.3 Crore, a marketing force of 1,74,000, manpower strength of over 1,16,500â € ¯across 3.37 Lakh Crore.
