Motor insurance portfolio to make up 62% of Cholamandalam MS General Insurance business: MD

Cholamandalam MS General Insurance projected its motor insurance portfolio to reach 62-63% by the financial year's end. The company reported a 14.3% growth in Gross Written Premiums, totaling Rs 1,945 crore for April-June 2024. They also covered 99 athletes in the Paris Olympics, showing strong expectations for equity investment growth.