Shriram General Insurance’s GWP Up28%, Net Profit rises 6% in H1 FY26

shriram-general-insurance-s-gwp-up28-net-profit-rises-6-in-h1-fy26

Jaipur, November 05, 2025.

 

Shriram General Insurance Company (SGI) delivered a strong performance in the first half of fiscal 2026, driven by sustained momentum in its motor insurance portfolio. The company recorded a 28% year-on-year increase in Gross Written Premium (GWP), reaching ₹2,045 crore, up from ₹1,594 crore in H1 FY26—four times the general insurance industry’s average growth rate of 7%.

 

The company’s solvency ratio stood at 3.33, as of 30th September 2025, well above the regulatory requirement of 1.5 times. SGI had 69 lakh active policies, as of September 2025, as compared to 63 lakh a year ago.

 

The company’s drive to onboard financial advisors gained further momentum during the period, with 9,482 new financial advisors being recruited during the first half of the fiscal. SGI’s total financial advisor strength stands at 97,570, with plans to scale this up to two lakhs by fiscal year 2029–30.

 

Mr. Anil Aggarwal, MD & CEO of Shriram General Insurance Company, said:“The sustained growth of our motor insurance portfolio reflects the trust our customers place in us and underscores our commitment to innovation, reliability, and excellence. We will continue setting the standard for solutions that protect and empower every journey.”

 

Net profit for the period rose by 6%, climbing to ₹269 crore from ₹254 crore in the same period last year. Additionally, investment income grew by 18%, supported by consistent returns from financial instruments.

 

The motor segment grew 26% year-on-year in the second quarter of FY26. Net profit rose 3.11% to 144 crore in Q2 FY26from 140 crore in the same quarter of the last fiscal.Investment income increased to ₹253 crore—upby 30.49% from ₹194 crore in Q2 FY25.

 

Segment wise GWP (in crore)  

Particulars

Q2FY26

Q2FY25

Growth %

Motor

1002.34

794.89

26%

Personal Accident

32.93

26.25

25%

Fire

24.94

23.36

7%

Engineering

6.58

5.92

11%