Shriram Life Targets 20% Growth Despite Regulatory Challenges

Shriram Life Targets 20% Growth Despite Regulatory Challenges.webp

Mumbai, March 13 Shriram Life Insurance expects to end the 2025-26 fiscal year with around 20 per cent growth, even as regulatory changes weigh on the sector, a top official said on Friday.

The company will be looking for more partnerships with banks to strengthen its distribution, managing director and CEO Casparus Kromhout said.

"This year, we will not be growing at the same pace because we are focusing much more on managing and stabilizing all the impacts," Kromhout said, referring to regulatory changes such as special surrender value norms, along with the impact of GST and labor codes on the industry.

"But this year, we will still grow at around 20 per cent," he said during an interview with
 
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2025-26 fiscal year casparus kromhout distribution partnerships financial services fiscal year growth growth projections gst india insurance insurance industry labor codes mumbai regulatory changes shriram life insurance strategic planning
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