Shriram General Targets 20% Growth; EV Insurance Economics Uncertain Amid Rising Costs

Shriram General Insurance is growing at more than twice the industry pace but cites rising repair costs, weak motor persistency, and EV economics uncertainty as key challenges, per ET BFSI. Insurtech builders in auto should model EV claims inflation and telematics-driven underwriting as urgent—cost structures will compress before they stabilize.

Source: ET BFSI ↗