CHENNAI: Shriram General Insurance Company (SGI) posted a strong Q3, with Gross Direct Premium (GDP) up 19 per cent YoY at Rs 1,258 cr, from Rs 1,061 cr outpacing the industry growth of 11 per cent led by its motor book.
On a cumulative basis, till Q3 FY26, SGI’s GDP grew 24 per cent <R< WR FU XS IURP 5V cr in the corresponding period last year 2.8X times over the industry growth of 9 per cent.
SGI’s focus on profitable growth translated into a 26 per cent YoY increase in net profit, rising to Rs 165 cr in Q3 FY26 from Rs 131 cr last year.
The company continued to maintain a strong balance sheet, with a solvency ratio of 3.32 as of 31 December 2025, well above the regulatory requirement of 1.5, a release said.
SGI’s prudent phygital model remains a key enabler of its consistent growth. The company onboarded 14,262 new financial advisors up to Q3 FY26, taking the total advisor strength to 1,01,474. Its branch network expanded to 285, compared to 278 branches a year ago.
Active policies rose to 69 lakhs as of 31 December 2025, up from 64 lakh a year ago, it added.
Anil Aggarwal, MD-CEO, Shriram General Insurance Company, said: “Our Q3 FY26 performance reflects strong execution across core segments. The motor portfolio recorded a strong yearon-year growth...”