Shriram Life declares Rs 201 cr bonus in FY'24, up by 35%

Shriram Life Insurance has declared a bonus of Rs 201 crore for the financial year ending March 31, 2024, due to a 35% increase in premium income. The bonus payout will benefit 3.86 lakh policy holders. The surge in new business premium in FY'24 was driven by new partners, technology upgrades, and focused sales.
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