Muthoot Finance H1 FY 2024 Financial Performance

Ⓡ Muthoot Insurance Brokers Muthoot Finance MUTHOOT INSURANCE - AN OVERVIEW HEALTH INSURANCE MIBPL became a wholly owned subsidiary of Muthoot Finance Ltd in Sep 2016. MIBPL is an unlisted private limited company holding a licence to act as Direct Broker from IRDA since 2013. It is actively distributing both life and non-life insurance products of various insurance companies. During Q2 FY24, it has insured more than 861,400 lives with a First year premium collection of Rs.1,262 million under Traditional, Term and Health products.. During Q2 FY23, it has insured more than 12,17,000 lives with a First year premium collection of Rs.1,151 million under Traditional, Term and Health products.. 79

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