We give below the details of our financial performance for the nine months ended 31.12.2024:
- Gross Premium Income of the company was ₹ 30,786.87 crore for the Nine months ended 31.12.2024 as compared to ₹ 28,458.11 crore for the Nine months ended 31.12.2023.
- Underwriting Loss is ₹ 2,959.34 crore for the Nine months ended 31.12.2024 as compared to ₹ 4,576.63 crore for the Nine months ended 31.12.2023.
- Investment Income is ₹ 8,869.50 crore for the Nine months ended 31.12.2024 as compared to ₹ 9,186.92 crore for the Nine months ended 31.12.2023.
- Solvency Ratio is 3.52 as on 31.12.2024 as compared to 2.94 as on 31.12.2023.
- The company recorded Profit Before Tax of ₹ 5,842.98 crore for the Nine months ended 31.12.2024 as compared to Profit Before Tax of ₹ 4,706.58 crore for the Nine months ended 31.12.2023.
- Profit After Tax for the Nine months ended 31.12.2024 recorded as ₹ 4,518.47 crore as compared to Profit After Tax of ₹ 3,854.82 crore for the Nine months ended 31.12.2023.
- Total Assets are ₹1,88,953.20 crore as on 31.12.2024 as compared to ₹ 1,74,882.51 crore as on 31.12.2023.
- Net Worth of the company (without fair value change account) recorded at ₹ 40,745.48 crore on 31.12.2024 as against ₹35,031.89 crore as on 31.12.2023.
- Net Worth of the company (including fair value change account) recorded as ₹ 85,803.69 crore on 31.12.2024 as against ₹ 77,626.89 crore as on 31.12.2023.
- Combined Ratio is 110.46% for the Nine months ended 31.12.2024 as against 117.99% for the Nine months ended 31.12.2023.
- Adjusted Combined Ratio is 89.12% for the Nine months ended 31.12.2024 as against 92.37% for the Nine months ended 31.12.2023.