Corporate News     10-Apr-23
Bajaj Allianz Life Insurance Company business update for March'23 and FY23

Bajaj Finserv announced the following business update for its unlisted insurance subsidiary - Bajaj Allianz Life Insurance Company that has been submitted to the Insurance Regulatory and Development Authority of India (IRDAI) and the Life Insurance Council:

 New business information (Rs crore)  March 2023 April 2022 - March 2023
  Individual single premium 60.93 555.63 
  Individual non-single premium 1116.90  5157.35 
  Group single premium 475.30  4437.84 
  Group non-single premium -  - 
  Group yearly renewable premium  23.02 586.16 
  Total 1676.15  10736.98 
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