Reliance General Insurance, now under IndusInd International Holdings Ltd (IIHL), has reported a 12.5% increase in net profit, reaching ₹315 crore for FY25, marking a strong recovery after nearly three years under insolvency proceedings.
Key Financial Highlights:
- Net Profit: ₹315 crore (↑12.5% YoY)
- Gross Direct Premium (GDP): ₹12,548 crore (↑7.4% YoY)
- Net Worth: ₹3,429 crore (↑10.2% YoY)
- Solvency Margin: 159% (above the 150% regulatory requirement)
Strategic Growth Under IIHL
IIHL, backed by the Hinduja Group, acquired Reliance Capital via the insolvency process in March 2025 and infused ₹100 crore into Reliance General Insurance in May 2025 to strengthen its financial position. During the insolvency resolution, IIHL had already injected ₹300 crore to stabilize operations.
CEO’s Perspective & Future Outlook
CEO Rakesh Jain emphasized that FY25 was a year of disciplined execution, strategic investments, and resilient growth, despite market challenges. He stated that the successful completion of the Corporate Insolvency Resolution Process (CIRP) has opened a transformative new chapter for the company under IIHL’s leadership.
With strong financial backing and a renewed growth strategy, Reliance General Insurance is poised to lead the next wave of innovation in India’s general insurance sector.
