Bajaj Finserv Limited, in its regulatory filing, shared key business performance metrics for its unlisted insurance subsidiaries, Bajaj Allianz General Insurance Company Limited and Bajaj Allianz Life Insurance Company Limited, for December 2024.
Bajaj Allianz General Insurance:
- Gross Direct Premium: ₹1,330.9 crore in December 2024.
- Year-to-Date Premium: ₹17,112.4 crore (April-December 2024).
Bajaj Allianz Life Insurance:
New Business Premium:
- Individual Single Premium: ₹39.21 crore for December 2024; ₹492.52 crore YTD.
- Individual Non-Single Premium: ₹648.28 crore for December 2024; ₹4,688.72 crore YTD.
- Group Single Premium: ₹311.97 crore for December 2024; ₹2,838.72 crore YTD.
- Group Yearly Renewable Premium: ₹55.36 crore for December 2024; ₹483.95 crore YTD.
- Total New Business Premium: ₹1,054.82 crore for December 2024; ₹8,503.91 crore YTD.
The figures are provisional and subject to statutory review. The company highlighted consistent performance across both its general and life insurance verticals.
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Bajaj Finserv