Bajaj Finserv has disclosed financial performance data for its unlisted insurance subsidiaries, Bajaj General Insurance and Bajaj Life Insurance, submitted to the Insurance Regulatory and Development Authority of India (IRDAI).
Bajaj General Insurance underwrote ₹1,094.04 crore in gross direct premium during February 2026, taking its cumulative figure to ₹21,794.23 crore for the April 2025 to February 2026 period. The premium figures are reported in accordance with IRDAI’s Master Circular on Actuarial, Finance and Investment Function of Insurer, 2024, and a directive issued on 18 October 2024.
Bajaj Life Insurance reported new business premiums of ₹1,281.28 crore in February 2026. Individual non-single premium accounted for ₹694.24 crore, whilst group single premium contributed ₹462.39 crore. For the full April 2025 to February 2026 period, the life insurance subsidiary recorded total new business premiums of ₹12,302.32 crore, comprising individual single premium of ₹834.42 crore, individual non-single premium of ₹6,226.08 crore, and group single premium of ₹4,709.48 crore.
The company noted that the above information is provisional and subject to a limited review or audit by statutory auditors.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Markets Desk before publication.