Chola MS records a GWP of ₹2,130 Cr in Q1 FY26-27

Jul 29, 2026

Chola MS records a GWP of ₹2,130 Cr in Q1 FY26-27

Cholamandalam MS General Insurance Company Ltd. (Chola MS), a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group of Japan, today announced its financial results for the quarter ended June 30, 2026, reporting a Gross Written Premium (GWP) of ₹2,130 Cr, as against ₹1,997 Cr in the corresponding quarter of the previous year, a growth of 6.7%.

Key Financial and Operational Highlights – Q1 FY26-27

  • Profit Before Tax (PBT) for the quarter stood at ₹116 Cr compared to ₹145 Cr in Q1 FY26-27. Profit After Tax (PAT) was ₹86 Cr as against ₹107 Cr in the corresponding quarter last year.
  • The Company's net worth increased to ₹3,415 Cr as on June 30, 2026 from ₹3,106 Cr a year ago.
  • The company’s net worth rose to ₹3,415 Cr as of June 30, 2026 with the solvency ratio at 1.93 times (regulatory requirement of 1.5 times). The Company recorded a return on equity of  2.52% for the quarter (not annualized).
  • Chola MS continued to strengthen its presence across India and generated business from 148,568 Gram Panchayats, reinforcing its commitment to financial inclusion and insurance penetration in rural India.
  • During the quarter, Chola MS further expanded its service network to 18,000+ cashless garages and 13,900+ cashless hospitals, ensuring faster and seamless claim servicing for customers across the country.
  • Chola MS continued to invest in technology and digital transformation initiatives aimed at enhancing customer experience, improving operational efficiency, and strengthening data-driven decision-making capabilities.

Commenting on the performance, Mr. Rajive Kumaraswami, CEO & Managing Director, Chola MS, said: “We remain focused on building a sustainable and resilient business through prudent underwriting, digital innovation and customer-first service. We thank our customers, partners and employees for their continued trust and support”