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Bajaj Finserv’s arm reports 51% rise in gross direct premium underwritten in September

09 Oct 2023 Evaluate

Bajaj Finserv’s unlisted insurance subsidiary -- Bajaj Allianz General Insurance Company has reported gross direct premium underwritten of Rs 1,827.97 crore in the month of September 2023 as compared to Rs 1,214.32 crore in same period a year ago, i.e up by 50.53%. Besides, gross direct premium underwritten up-to-the month of September 2023 stood at Rs 11,056.79 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 1710.65
TVS Holdings 11450.00
Cholamandalam Fin. 1377.90
Altius Telecom Infra 174.00
Kama Holdings 2298.40
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