Bajaj Finserv Subsidiaries Report Strong Growth in Gross Direct Premium and New Business

Bajaj Finserv Ltd. has released the financial information of its unlisted insurance subsidiaries, Bajaj Allianz General Insurance Company Limited and Bajaj Allianz Life Insurance Company Limited, for the month of February 2025. Bajaj Allianz General Insurance Company Limited reported a gross direct premium of INR 20,006 crore, a significant increase from the previous month. Bajaj Allianz Life Insurance Company Limited reported new business information with individual single premium and non-single premium, as well as group single premium and yearly renewable premium, totaling INR 10,469.77 crore.