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Bajaj Finserv’s arm reports 8% rise in gross direct premium underwritten during December 2022

06 Jan 2023 Evaluate

Bajaj Finserv’s unlisted insurance subsidiary -- Bajaj Allianz General Insurance Company has reported gross direct premium underwritten of Rs 1,209.25 crore in the month of December 2022 as compared to Rs 1,123.59 in December 2021, i.e up by 7.62% on year-on-year basis. However, earlier in November 2022, company’s gross direct premium underwritten stood at Rs 1,338.10 crore, month-on- month basis decline by 9.63%. Its gross direct premium underwritten up-to-the month of December 2022 stood at Rs 11,608.60 crore.

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.

Peers
Company Name CMP
Bajaj Finserv 1771.00
TVS Holdings 12493.90
Cholamandalam Fin. 1433.10
Altius Telecom Infra 175.00
Kama Holdings 2204.55
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