Sherram Life Insurance Q1: 27 % reports on an annual basis in distinctive income, and payment of rural insurance is deeper

Shriram Life Insulation Company Ltd (Slic) in the 2026 fiscal year started a strong note, as it reported 21 % on year on an annual basis in the new individual business premium (NBP) for the first quarter. NBP rose to 257 rupees in the first quarter of the financial year 26, an increase of 212 rupees in the opposite quarter, with the support of the strategic expansion of the branch, a broader distribution network, and a significant increase in the average size of the ticket.

The company’s batch is exposed to enhancing the policy value of each customer results. In Q1 FY26, the average ticket size, the average distinctive amount per policy was sold at 24,799 rupees, which represents a sharp leap of 63 % of 15,192 rupees in the second quarter of the fiscal year 25. While this number still fails to the average private industry of 87373 rupees, but it indicates an increase in insurance penetration between the medium and low -income family.

This rise in ticket volume is also fed in the company’s annual equation (APE), which is a main measure of new business growth. The new individual actions increased by 9 % on an annual basis to 215 rupees from 198 rupees in the same last financial period. The growth in APE indicates improving business quality, as the company attracts customers in higher installments and a better continuation.

The renewal premium throughout individual business also witnessed health growth, increasing by 25 % to 323 rupees in the first quarter of the fiscal year 26 compared to 259 rupees a year ago. This reflects better retention of the document holder and long -term sustainability of the insurance company customer base.

In general, the total outstanding income of the Shriram Life, which includes new works, renewal, and the group premium for 863 rupees, an increase of 27 % of 679 rupees in the fiscal year 25.

The assets of management assets (AUM), the main index of financial strength and size increased by 17 % to 13799 rupees in the first quarter of the fiscal year 26 of 1141 rupees in the last period. The insurance company sold a total of 86,750 individual policies per quarter, which reflects the increasing demand for life protection products at level 2.

Operating performance remained strong, as a total of 18,023 claims were settled through individual policies and a group during the quarter, an increase of 15,924 claims that were settled in the first quarter of the fiscal year. For the full FY25, the company had a 98.31 % individual claim level settlement. More impressive, 93 % of unlimited claims were settled within 12 hours of receiving the final document. The sheet was 1.75, much higher than organizational thresholds, reflecting solid capital.

Commenting on the performance, Casparus Jh Kromhout, MD and CEO of Shriram Life Insurance said that the company is still committed to expanding access to insurance in rural and semi -urban belts in India. He said: “Our strategy focuses on making life insurance simpler and easier for everyone we serve. We believe that protection should not be a privilege but rather from the primary financial right of every Indian family regardless of where they live or what they earn.” As the company continues to strengthen its distribution network and deepen strategic partnerships, it places itself as a main engine for financial inclusion in the life insurance scene in India. “