Bajaj Finserv Ltd.

Bajaj Finserv’s unlisted insurance subsidiary -- Bajaj Allianz Life Insurance Company has reported Individual non-single premium of Rs 494.74 crore in the month of September 2023, i.e. up by 3.21% month-on-month. In August 2023, the company had reported Individual non-single premium of Rs 479.33 crore. 

The company’s Group single premium stood at Rs 588.96 crore in September 2023 as compared to Rs 366.85 crore in August 2023. The company has reported Individual single premium and Group yearly renewable premium of Rs 47.88 crore and Rs 15.65 crore respectively during same month. 

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