Future Generali India Life Insurance nears breakeven as individual new business premium rises 19% to ₹476 crore in FY25, with improved claim settlement ratio strengthening customer trust

Mumbai, June 09th, 2025: Future Generali India Life Insurance (FGILI) has revealed promising results for the fiscal year 2024–25, edging closer to breaking even. A significant factor contributing to this positive trajectory is the 19% increase in individual new business premiums, which reached ₹476 crore. This growth underscores the company's strategic focus on expanding its customer base and enhancing product offerings to meet evolving consumer needs. In addition to robust financial performance, FGILI has also made notable strides in its operational metrics, particularly with its improved claim settlement ratio. This enhancement has been pivotal in fortifying customer trust, as policyholders increasingly prioritize reliability and efficiency in claim processing. The company's commitment to streamlining operations and investing in technology-driven solutions has played a crucial role in achieving these improvements. As FGILI approaches breakeven, the company's leadership remains optimistic about sustaining this upward momentum. The progress in both financial and operational domains reflects a well-rounded approach to business growth, emphasizing customer satisfaction and market adaptability. Moving forward, FGILI aims to leverage these strengths to cement its position in the competitive insurance landscape, ensuring long-term stability and success.

— Authored by Next24 Live