The brand new-age common insurance coverage firm reported a gross written premium of Rs 2,676 crore within the December quarter up from Rs 2,427 crore a yr again.
In a submitting with the inventory exchanges, the Fairfax-backed insurance coverage firm mentioned that it has elevated Atul Mehta to the place of nation head for retail geographies and key partnerships. Mehta was the chief enterprise officer on the key relationships group in his prior function.
The corporate paid round Rs 543 crore when it comes to commissions and brokerages to its distribution companions within the December quarter. Its complete revenue stood at Rs 2,371 crore within the quarter.
An insurance coverage firm collects premiums from its prospects but in addition pays premiums to reinsurance firms. It additionally will get further revenue from the curiosity earned from its investments.
Within the December quarter, Go Digit reported total bills of Rs 2,308 crore, up barely from Rs 2,241 crore a yr again.
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The Bengaluru-based common insurance coverage firm’s solvency ratio stayed at 2.2.The corporate’s accomplice community stood at 69,527 on the finish of the calendar yr 2025 and its total belongings underneath administration (AUM) stood at Rs 18,939 crore. Whereas the share of enterprise coming from health and travel insurance improved to 19% in 2024, motor insurance coverage continues to be the mainstay of the enterprise with greater than 60% share of the overall premium collected.
Whereas GoDigit nonetheless will get a big chunk of the enterprise by way of its bodily agent community, the corporate mentioned that 59% of its insurance policies at the moment are issued by way of direct expertise integration with its companions, reflecting its give attention to expertise for insurance coverage distribution.
The Go Digit inventory closed down 1.85% at Rs 286.2 on Wednesday on the BSE.
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