Bajaj Allianz February Update: General insurance gross direct premium at ?1,219 crore

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Bajaj Allianz February Update: General insurance gross direct premium at ?1,219 crore

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Bajaj Allianz February Update: General insurance gross direct premium at ?1,219 crore

//business-finance.news-articles.net/content/202 .. surance-gross-direct-premium-at-1-219-crore.html

Published in Business and Finance on Thursday, March 6th 2025 at 7:00 GMT by cnbctv18

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Bajaj Allianz Life Insurance Company reported new business premiums of â‚¹1,080.33 crore for February 2025. Shares of Bajaj Finserv Ltd ended at â‚¹1,845.15, up by â‚¹43.15, or 2.39%, on the BSE.

2025-03-06 183 x 110 / 4278 Bytes

Bajaj Finserv's subsidiary, Bajaj Allianz General Insurance, reported a significant increase in its gross direct premium for February, reaching Rs 1,219 crore, up from Rs 1,060 crore the previous year. This growth was highlighted in a recent update by CNBC-TV18, which also noted that the company's performance was part of a broader trend where the non-life insurance sector saw a 15.8% year-on-year increase in premiums. Bajaj Allianz's performance was particularly strong in the motor insurance segment, which contributed significantly to the overall premium growth. The company's strategic focus on expanding its product offerings and enhancing digital capabilities has been instrumental in driving this growth, positioning Bajaj Allianz as a key player in India's insurance market.

Read the Full CNBCTV18 Article at:
[ https://www.cnbctv18.com/market/stocks/bajaj-finserv-share-price-bajaj-allianz-february-update-general-insurance-gross-direct-premium-at-rs-1219-crore-19569717.htm ]