Bajaj Finserv Ltd.'s unlisted insurance subsidiaries, Bajaj Allianz General Insurance Co. and Bajaj Allianz Life Insurance Co., have reported their insurance premium figures for August.
According to a filing submitted to the Insurance Regulatory and Development Authority of India, Bajaj Allianz General Insurance underwrote a gross direct premium of Rs 1,736 crore for August. The cumulative gross direct premium for the period from April to August stands at Rs 8,868 crore.
As for Bajaj Allianz Life Insurance, its collection in new business premiums totalled to Rs 953 crore for August. From April to August, the life insurance arm registered total new business premiums of Rs 4,688 crore.
Shares of the company closed 0.42% lower at Rs 1,857.15 per share, compared to a 1.17% decline in the NSE Nifty 50.
RECOMMENDED FOR YOU
Premium Smartphones Drive E-Commerce Festive Sales Worth Rs 1 Lakh Crore
Nov 04, 2024
.jpeg?rect=0%2C0%2C3500%2C1969&w=75)
HUL, SBI Life, United Spirits, Bajaj Finserv Among 70+ Companies To Declare Q2 Results Today
Oct 23, 2024
Allianz Looks To Exit Insurance Ventures With Bajaj Finserv
Oct 22, 2024
Bajaj Finserv Q2 Updates: Bajaj Allianz Life's Total Premium In September Is Rs 1,052 Crore
Oct 07, 2024
POPULAR