General Insurance company Go Digit General Insurance announced Q1FY25 results:
- Gross Written Premium Income: - In Q1FY25, Gross Written Premium of the company stood at Rs 2,660 crore compared to Rs 2,178 crore in Q1FY24, achieving a growth of 22.2%.
- Premium Retention Ratio: - Premium Retention Ratio for Q1FY25 is 76.2%, as compared to 76.9% in Q1FY24.
- Profitability: - Profit after tax for the Q1FY25 stood at Rs 101 crore, compared to Rs 58 crore in Q1FY24, growth of 74.1%.
- Asset Under Management: - As at June 30, 2024, our asset under management stands at Rs 17,773 crore, compared to Rs 15,764 crore as at March 31, 2024, grew by 12.7%.
- Combined Ratio: - Combined Ratio for Q1FY25 is 105.4%, as compared to 106.2% in Q1FY24.