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About Bajaj Allianz General Insurance

Financial Highlights

Financial Highlights

Particulars 2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09
Gross Written Premium 11097 9,487 7,687 5,901 5,301 4,584 4,109 3,676 3,129 2,725 2,866
Net Written Premium 7,774 6,733 5,301 4572 4009 3761 3203 2696 2311 1972 2007
Net Earned Premium 7010 6059 4937 4224 3832 3493 2924 2475 2150 1884 1891
Net Incurred Claims (4810) (4043) (3476) (3054) (2756) (2525) (2118) (1908) (1701) (1387) (1360)
Net Commissions (375) (318) (36) (94) (49) (135) (99) (75) (40) (32) (24)
Management Expenses (1807) (1405) (1361) (1141) (943) (836) (769) (672) (646) (549) (599)
Underwriting Results 18 293 64 (65) 83 (4) (62) (180) (238) (83) (91)
Recurring Investment Income 1108 898 803 726 648 570 472 366 278 219 204
Non-Recurring Investment Income 95 177 210 111 40 7 (4) (1) 2 9 16
Others (68) (15) 2 (0) 6 14 16 9 20 34 20
Profit Before Tax 1152 1353 1078 771 777 587 422 194 62 180 150
Provision for Tax (372) (432) (350) (207) (215) (178) (126) (70) (19) (59) (55)
Profit After Tax 780 921 728 564 562 409 295 124 43 121 95
Shareholder's Equity 5164 4466 3535 2790 2225 1664 1255 959 836 793 673
Asset Under Management 17237 14823 10829 9211 7859 6967 5845 4758 3975 2828 2479
Employee Count (in Nos). 8150 6415 5311 4464 4025 3687 3582 3473 3654 3506 3973
Growth in Gross Written Premium 17.00% 23.41% 30.27% 11.3% 15.6% 11.5% 11.8% 17.5% 14.8% -4.9% 11.2%
Growth in Net Earned Premium 15.69% 22.72% 16.88% 10.2% 9.7% 19.4% 18.2% 15.1% 14.1% -0.4% 33.6%
Growth Rate of Net Worth 15.63% 26.36% 26.69% 25.4% 33.7% 32.6% 30.9% 14.7% 5.4% 17.9% 17.0%
Net Retention Ratio 70.06% 70.97% 68.96% 77.5% 75.6% 82.0% 77.9% 73.3% 73.8% 72.4% 70.0%
Net Incurred Claims to Net Earned Premium 68.62% 66.72% 70.41% 72.3% 71.9% 72.3% 72.4% 77.1% 79.1% 73.6% 71.9%
Net Commission Ratio 4.82% 4.72% 0.67% 2.1% 1.2% 3.6% 3.1% 2.8% 1.7% 1.6% 1.2%
Expenses of Management to Net Written Premium Ratio 33.92% 29.65% 32.16% 31.7% 30.1% 28.7% 30.8% 31.5% 33.9% 34.6% 37.5%
Combined Ratio 96.9% 92.32% 96.77% 99.3% 96.7% 98.1% 99.5% 104.8% 108.9% 103.0% 102.9%
Technical Reserves to Net Premium Ratio 160.09% 141.57% 141.87% 136.1% 129.6% 138.2% 141.0% 144.6% 138.4% 131.2% 108.4%
Underwriting Balance Ratio 0.27% 4.73% 1.26% -1.6% 2.2% -0.1% -2.1% -7.4% -10.9% -4.6% -5.1%
13.54% 13.54% 19.31% 16.20% 13.1% 16.0% 13.2% 11.0% 4.4% -0.8% 4.5% 3.7%
Liquid Assets to liabilities Ratio 0.14 0.27 0.25 0.23 0.24 0.24 0.31 0.38 0.41 0.27 0.32
Return on Net worth 15.33% 20.75% 20.69% 20.2% 25.3% 24.6% 23.5% 12.9% 5.2% 15.2% 14.2%
Available Solvency Margin (ASM) to Required Solvency Margin (RSM) Ratio 2.55 2.76 2.61 2.51 1.82 1.96 1.79 1.56 1.73 1.71 1.62

Disclaimer

I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.

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