Edelweiss Life Insurance, a joint venture between Edelweiss Financial Services and Tokio Marine Nichido, is projecting to reach its break-even point by fiscal year 2027. This marks a significant milestone for the private sector insurer, which began operations in India approximately fifteen years ago.
The company has been operating at a loss, necessitating capital infusions from its Indian parent company. In fiscal year 2025, Edelweiss Financial Services injected Rs 200 crore into the life insurance arm.
“We should break even by FY26-27. Until that point, I anticipate we will need capital infusions. However, once we achieve break-even, I don’t foresee requiring substantial additional capital,” stated Sumit Rai, managing director and chief executive officer of Edelweiss Life Insurance.
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