IndiaFirst Life’s Business Performance in FY-2025 Improves Significantly Buoyed by a Remarkable Turnaround in H2

Performance Highlights as of 31st March 2025:

• Gross Premium Collection: INR 7,218 Crore
• Retail New Business Annualized Premium Equivalent (APE): INR 1427 Crore | Growth: 4% over FY-2024
• Profit: INR 102.3 Crore | Two consecutive years of INR 100+ Crore of profit
• Claim Settlement Ratio: 98.4%, supporting over 41,660 families, with claims paid exceeding INR 801 Crore
• Assets Under Management (AUM): INR 30,968 Crore
• Employee Recognition: Certified as a Great Place to Work for the 7th consecutive year by the Great Place to Work® Institute

Mumbai, 2025:IndiaFirst Life Insurance Company Ltd (IndiaFirst Life), one of India’s youngest private sector life insurers, has demonstrated resilience and strategic swiftness by closing FY-2025 on a strong note, despite a challenging start to the last fiscal.

Commenting on the organisation’s performance, Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life, said, “FY-2025 has been a strong testament to our discipline, focused execution, agility, and #CustomerFirst approach. Our innovative thinking elevated us from being a predominant Bancassurer to a multi-channel distribution organisation. While we clocked a y-o-y growth of 4%, we are immensely proud of an industry-leading 78% y-o-y growth in Q4. We are committed to maintaining this high growth trajectory.”

The company reported a *Retail New Business APE of INR 1,427 Crore.* IndiaFirst Life consistently crossed the *INR 100 Crore mark in monthly retail APE for the last nine consecutive months*. We closed the year at 12th rank amongst private life insurers in the industry. The company’s *non-Bancassurance channels* posted a stellar 126% growth in Retail New Business APE, underscoring its successful diversification strategy. In its first year, our Agency channel, comprising of 32 branches and over *3,800 new advisors, generated a New Business APE of INR 106 Crore.*

With robust growth across channels, IndiaFirst Life is poised to build on this momentum in FY-2026. The company remains committed to innovation, customer-centric solutions, and sustainable growth.

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