Shriram Life Insurance (SLIC) has clocked a 17 percent on-year rise in its individual new business premium (NBP) to Rs 635 crore in the first half of FY26.

The insurer’s individual new business annualised premium equivalent (APE) increased by 8 percent on-year to Rs 544 crore, while renewal premiums surged 43 percent to Rs 1,024 crore. Sequentially, the insurer delivered a sharp pickup in performance, with individual new business APE up 53 percent to Rs 329 crore in Q2FY26 from Rs 215 crore in Q1FY26. Retail new business premium rose 47 percent quarter-on-quarter to Rs 378 crore, while individual renewal premiums jumped 71 percent to Rs 552 crore. Total premium income grew 26 percent sequentially to Rs 1,091 crore in Q2 FY26.

Policy sales also saw healthy momentum, up 35 percent to 1.17

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