Quarterly Result17 Apr 2025, 09:50 pm
Bajaj Finserv Subsidiaries Report Strong Growth in Gross Direct Premium and New Business Information
AI Summary
Bajaj Finserv Ltd. has released the unlisted insurance subsidiaries' performance details for the month of March 2025. Bajaj Allianz General Insurance Company Limited reported a Gross Direct Premium underwritten of Rs. 1,411 crore for March 2025 and Rs. 21,417 crore up-to-the-month of March 2025. Bajaj Allianz Life Insurance Company Limited disclosed new business information, with Individual single premium and non-single premium, as well as Group non-single premium and yearly renewable premium. The above information is provisional and subject to a limited review/audit by the statutory auditors.
Key Highlights
- Bajaj Allianz General Insurance Company Limited reported a Gross Direct Premium underwritten of Rs. 1,411 crore for March 2025
- Bajaj Allianz Life Insurance Company Limited disclosed new business information for the period from April 2024 to March 2025
- Individual single premium for Bajaj Allianz Life Insurance Company Limited stood at Rs. 62.45 crore in March 2025
- Group non-single premium for Bajaj Allianz Life Insurance Company Limited was at Rs. 24.07 crore in March 2025
- The provided information is subject to a limited review/audit by the statutory auditors