Monthly Update8 May 2025, 10:54 am
Bajaj Finserv Ltd Subsidiaries Report Strong Premium Growth for April 2025
AI Summary
Bajaj Finserv Ltd provided information about its unlisted insurance subsidiaries, Bajaj Allianz General Insurance Company Limited and Bajaj Allianz Life Insurance Company Limited. The subsidiaries reported strong gross direct premium growth for Bajaj Allianz General Insurance Company Limited and new business information for Bajaj Allianz Life Insurance Company Limited up to April 2025. The information is provisional and subject to limited review/audit by statutory auditors.
Key Highlights
- Bajaj Allianz General Insurance Company Limited reported a gross direct premium of Rs. 2,403 crore for April 2025.
- Bajaj Allianz Life Insurance Company Limited reported new business information, including individual non-single premium of Rs. 320 crore and group non-single premium of Rs. 91 crore for April 2025.
- The reported figures are provisional and subject to a limited review/audit by the statutory auditors.