CHENNAI: Shriram Life Insurance Company Ltd (SLIC) reported a 17 per cent year-on-year growth in individual new business premium (NBP) in H1 FY26, up from Rs 542 crore in H1 FY25 to Rs 635 crore in H1 FY26. In comparison, the private industry grew by 8 per cent during the same period.

SLIC's individual new business annualised premium equivalent (APE) grew 8 per cent year-on-year to Rs 544 crore in H1 FY26 from Rs 506 crore.

Renewal premiums surged by 43 per cent YoY in the first half of the fiscal. It grew to Rs 1,024 in H1 FY26 from Rs 715 crore in H1 FY25.

The company settled 37,850 individual and group policies in H1 FY26. It cleared 30,884 policies in H1 FY25. The claim settlement ratio for FY25 stands at 98.31 per cent. The solvency ratio for H1FY26 is 1.56.

Casparus JH Kromhout,

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