Go Digit Q3 net profit rises 18% to Rs 140 crore on premium growth

For the new-age insurance startup, gross written premium, which is the total premium collected before deducting expenses, climbed to Rs 2,909 crore from Rs 2,676 crore in the corresponding period of the previous year. Also, its net retention ratio fell to 73.8% from 83.8% a year earlier, indicating a higher proportion of risk being ceded to reinsurers.