One of the newer life insurers in India Go Digit Life Insurance has recorded total gross written premium income of INR13.16bn ($153.48m) during the financial year 2024-25. This includes reinsurance inward.
The company’s second edition of its Transparency report released in June 2025 reveals that during the financial year 2024-25 the company’s gross written direct premium increased to INR10.71bn year-on-year from INR4.31bn in 2023-24.
During the financial year under the report the company settled claims worth INR2.88bn in 2024-25 with most claims (INR1.97bn) being paid under the Group Term Life Insurance category. Digit Life's average TAT of death claims settlement (after receiving all documents), too, improved to 1.89 days during the year from two days in financial year 2023-24 with its Claims Settlement Ratio for the same period touching 99.53%.
The company covered more women during the year. The company’s women policyholders grew by 1.2% during the financial year 2024-25. Women now make up 49.89% of the company’s total covered lives, up from 48.77% in 2023-24.
The company’s Transparency report is Digit Life's bi-annual exercise where beyond mandatory closures it shares various data-led insights and stories.
Digit Life MD and CEO Sabyasachi Sarkar said, “We now have a robust portfolio of both retail and group products and will look to expand both segments equally in the coming years. We as a company will continue to focus on simplifying life insurance products and improving trust levels in the ecosystem—with the transparency report both as our report card and trust promise.”