Financial Results Q1 FY 2021 slide image

Financial Results Q1 FY 2021

Ⓡ 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 Q1 FY21, it has insured more than 135,000 lives with a First year premium collection of Rs. 182 million During Q1 FY20, it has insured more than 433,000 lives with a First year premium collection of Rs.358 million under Traditional, Term and Health products.. 60 60
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