Shriram General Insurance Company is a joint venture between the Indian financial sector major Shriram Capital and Sanlam Limited, which is the largest general insurance company in South Africa. In the partnership Shriram Capital holds 74% stake while the remaining 26% is held by Sanlam.
The Shriram Group was established in 1974 and the commercial vehicle financing business is the biggest success storu so far. The company also has a retail lending business which caters to personal loans, home loans, consumer durable and gold loans. The company also has a life insurance business in Shriram Life insurance. The Sanlam Group is a financial services major with insurance, banking and asset management business lines.
Jasmit Singh Gujral is the Managing Director and CEO of Shriram General Insurance Company.
Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
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Claims ratio | - | 60.24 | - | - | - | - | - | - | Yet to be published |