Chennai: Cholamandalam MS General Insurance has announced a profit before tax (PBT) of Rs 445 crore for the fiscal year 2025-26, along with a quarterly PBT of Rs 99.25 crore for the December quarter. The company's gross written premium (GWP), a key metric reflecting total sales revenue, rose by 6.9% for the full year, reaching Rs 8,904 crore compared to Rs 8,327 crore in the previous fiscal year, according to a company statement.
For the quarter, GWP grew by 10% to Rs 2,348 crore, up from Rs 2,134 crore in the same period last year. Chola MS is a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group of Japan, specializing in motor, health, travel, and engineering-related insurance products. The company's net worth stood at Rs 3,329 crore at the end of FY26, with a return on equity (RoE) of 10.45% on average net worth for the year.
The insurer's investment corpus exceeded Rs 19,000 crore, indicating a well-diversified portfolio, while the solvency margin was 1.96 times, comfortably above the regulatory requirement of 1.5 times. V Suryanarayanan, Managing Director of Chola MS, emphasized the company's focus on expanding distribution reach: 'We remain committed to growing the business, building a balanced and resilient portfolio, expanding distribution channels, continuing prudent reserving practices, and consistently enhancing policyholder service experiences.'
Chola MS has been strengthening its customer and partner ecosystem by adding new original equipment manufacturer (OEM) tie-ups and bancassurance partners, while retaining all existing bancassurance relationships. The company generated business from 2,13,264 gram panchayats across India, aligning with its strategy to deepen rural penetration.
