Bajaj Finserv has released the monthly performance data for its unlisted insurance subsidiaries, Bajaj General Insurance and Bajaj Life Insurance, for April 2026. The results highlight robust growth in gross premiums and new business intake compared to the same period in the previous year, reflecting a strong start to the new financial year.
Bajaj General Insurance Performance
Bajaj General Insurance continues to maintain a strong market presence, reporting a Gross Direct Premium underwritten of ₹2,666 crore for the month of April 2026. This demonstrates a healthy increase from the ₹2,403 crore reported during the corresponding month in April 2025.
Bajaj Life Insurance Growth
Bajaj Life Insurance recorded a total new business premium of ₹936.99 crore for the month ended 30 April 2026, a notable rise compared to ₹719.37 crore in April 2025.
Segment Breakdown
- Individual single premium: Increased to ₹68.96 crore from ₹45.34 crore.
- Individual non-single premium: Rose to ₹348.48 crore from ₹320.91 crore.
- Group single premium: Saw significant growth, reaching ₹422.03 crore compared to ₹226.97 crore in the previous year.
- Group yearly renewable premium: Reported at ₹97.52 crore for the month.
The reported figures are provisional and remain subject to a limited review and audit by the company’s statutory auditors.
Source: BSE