Go Digit General Insurance Ltd

At Digit, we've always believed in making insurance simple and relevant. Our focus on understanding customer needs has led to product innovations and strong service standards.

Dear Shareholders,

It gives me great pleasure to share with you the Annual Report of Go Digit General Insurance Limited for FY 2024–25. This year, we have continued our journey of growth and resilience, staying true to our values of simplicity, transparency, and customer focus.

The global economic environment remained challenging, with trade tensions and regional conflicts slowing growth. Yet, India stood out, becoming the world's fourth-largest economy in 2025—driven by domestic demand and policy reforms.

In the Indian insurance sector, while gross direct premiums of non-life insurers crossed 3 trillion, growth slowed to 6.2% due to the 1/n rule, weaker vehicle sales, and continued softness in commercial lines.

Despite these headwinds, our Company continued to outperform the industry. We crossed 10,282 crore in Gross Written Premiums,

We maintained a stable combined ratio of 109.3% and a healthy solvency ratio of 2.24x, keeping us well-capitalised for future growth. with Profit After Tax rising by 133.5% to 425 crore. Our overall market share stood at 3.3%, and in motor insurance, we maintained our strong position with a 5.9% share—ranking us fourth in the private segment. Our Assets Under Management grew 25% to

19,703 crore.

We maintained a stable combined ratio of 109.3% and a healthy solvency ratio of 2.24x, keeping us well-capitalised for future growth. Our loss ratio stood at 72.8%.

Our portfolio now spans 85 products across segments, supported by a strong partner network of over 71,000 and digital systems that enable service across almost every pin code in India. We continue to maintain high customer satisfaction and regularly publish our Transparency Report to share key customer metrics openly. We would be very happy to serve you for any of your insurance needs!

At Digit, we've always believed in making insurance simple and relevant. Our focus on understanding customer needs has led to product innovations and strong service standards. We believe insurers who build on trust, transparency, and adaptability will thrive in the future.

As we look ahead, we remain focused on using technology to simplify insurance and serve evolving customer needs. With a scalable digital backbone and a clear purpose, we're confident of sustaining our momentum.

I thank all our stakeholders—customers, employees, partners, regulators, and shareholders—for your continued trust and support. As the industry marks 25 years since liberalisation, it's time to steer towards more inclusive and sustainable growth. The future of insurance in India is bright, and together, we look forward to shaping it.