Shriram Life Insurance Co. Ltd. (SLIC) has declared a bonus of ₹149 crore for FY23, a rise of 25% from the year-earlier interval.
The bonus would profit 3.29 lakh people and their households. It comes on the again of a file revenue and 24% development in particular person non-single premiums, the insurer mentioned in an announcement.
Last 12 months, SLIC offered 2.90 lakh insurance policies. Assets Under Management crossed ₹9,000 crore, a rise of 17%.
Including group enterprise, SLIC offered life cowl to greater than 53 lakh new lives final 12 months. It sources 45% of its retail enterprise from the agricultural sector.
