Reliance Nippon Life FY25 net profit rises 25% to Rs 247 crore

Mumbai: Reliance Nippon Life Insurance (RNLIC) reported a 25% increase in profit before tax to Rs 247 crore for FY25, compared to Rs 198 crore a year earlier. The company attributed the growth to stable business momentum and operational resilience.

Assets under management rose 9% to Rs 38,725 crore, while total premium grew to Rs 5,711 crore. New business premium stood at Rs 1,245 crore. The solvency ratio remained strong at 235%.

RNLIC, jointly owned by Reliance Capital (51%) and Nippon Life (49%), is set for a strategic shift following Reliance Capital’s acquisition by the Hinduja Group through IndusInd International Holdings. IIHL Chairman Ashok Hinduja said capital infusion and listing of the insurance entities are planned over the next two years.

The claim settlement ratio improved to 98.9%, with Rs 3,523 crore disbursed to 5.4 lakh customers. Persistency stood at 80.8%, and the active advisor base grew 13% to nearly 69,000. Embedded value increased to Rs 7,397 crore from Rs 6,885 crore. The company launched six new products during the year and continues to be one of the largest non-bank-backed private life insurers, with over 10 million policyholders and 713 branches.


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