Bajaj Finserv Ltd.

Bajaj Finserv’s unlisted insurance subsidiary -- Bajaj Allianz Life Insurance Company has reported Individual non-single premium of Rs 539.34 crore in the month of January 2024, i.e. up by 31.93% Year-on-Year. In January 2023, the company had reported Individual non-single premium of Rs 408.81 crore. 

The company’s Group single premium stood at Rs 334.26 crore in January 2024 as compared to Rs 217.23 crore in January 2023. The company has reported Individual single premium and Group yearly renewable premium of Rs 38.10 crore and Rs 39.15 crore respectively during January 2024. 

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