Bajaj Finserv Ltd.

Bajaj Finserv’s unlisted insurance subsidiary -- Bajaj Allianz Life Insurance Company has reported that its individual single premium stood at Rs 60.93 crore for the month of March 2023. The company’s Individual non-single premium stood at Rs 1116.90 crore in the same month.

The company has reported Group single premium and Group yearly renewable premium of Rs 475.30 crore and Rs 23.02 crore respectively during same month. In FY23, the company’s overall premium stood at Rs 10,736.98 crore.

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