Shriram Life Insurance Co. Ltd Unlisted Shares

Shriram Life Insurance is the Shriram Group company catering to the Life Insurance business of the Group. Let us first know briefly about the Shriram Group businesses and then we will move on to study Life Insurance Business. Shriram Group a) Shriram Group, established in 1974, is among the leading corporate houses in India and is a major player in the Indian financial services sector. b) Shriram Group’s presence in financial services is diverse ranging from Commercial Vehicle Financing, Retail Financing, Enterprise Financing to small business, Housing Finance, Equipment Financing, Life Insurance, General Insurance, Retail Stock Broking, Distribution of Financial Products, and Wealth Advisory Services. Financial Services Companies in the Group manage assets of around INR 1,500. Partnership with Sanlam to start Insurance Business Sanlam, a leading financial services group and one of the largest insurers in South Africa has partnered with Shriram Group in both its Life and Non-Life Insurance ventures. The effective leveraging of the network and brand equity of Shriram Group and strategic guidance by the Sanlam Group has facilitated a steady growth of the insurance companies. Shriram Life Insurance Business Started in the year 2005, they offer different life insurance plans for their customers which include Individual Plans, Online Plans, and Group Plans. To know more about the plans you can visit. Shriram Life Insurance has a branch network of 588 branches and has an advisor force of 4455. Financials Metrics 1. New Business Premium- We know when we purchase a policy we pay the premium. That premium when added together from all the users who have taken policy in a given year is known as New Business Premium. 2. Renewal Premium - This is the premium of all the policyholders who have taken insurance policy prior to the current year in which we are calculating the premium. This is an important factor because sometimes people take the policy and then say after 1Y, 2Y or