Cholamandalam MS General Insurance Company Ltd announced a Gross Written Premium (GWP) of Rs 7,598 crore for the financial year ending March 31, 2024. This insurance company, a joint venture between the Murugappa Group and Mitsui Sumitomo Group of Japan, reported significant growth in its financial performance compared to the previous year.According to the company’s statement, its profit before tax surged to Rs 444 crore for the fiscal year ending March 31, 2024, representing a substantial increase from Rs 264 crore recorded in the corresponding period of the previous year.