Bajaj Finserv has announced the gross direct premium underwritten by its unlisted insurance subsidiaries, Bajaj General Insurance Limited and Bajaj Life Insurance Limited, for the month of October 2026. The data, submitted to IRDAI and insurance councils, also includes comparative figures for October 2025 and year-to-date figures up to October 2026 and 2025. This provides an interim update on the operational performance of the insurance businesses.
Insurance Premium Update from Bajaj Finserv Subsidiaries
Bajaj Finserv Limited has disclosed the gross direct premium underwritten by its insurance arms, Bajaj General Insurance Limited and Bajaj Life Insurance Limited, for the month of October 2026. This information, filed with the Insurance Regulatory and Development Authority of India (IRDAI) and the General/Life Insurance Councils, offers a snapshot of the companies’ business performance.
Bajaj General Insurance Limited Performance
For Bajaj General Insurance Limited, the gross direct premium underwritten (excluding Crop and Government Health business) stood at ₹1,991 crore for the month of October 2026. This compares to ₹1,595 crore reported for October 2025. On a year-to-date basis, the total gross direct premium underwritten reached ₹13,212 crore up to October 2026, an increase from ₹11,288 crore in the same period of the previous year. The total gross direct premium underwritten for the month of October 2026 was ₹2,142 crore, up from ₹1,910 crore in October 2025, with the year-to-date total reaching ₹14,940 crore against ₹13,464 crore.
Bajaj Life Insurance Limited Business Information
Bajaj Life Insurance Limited reported new business information with an individual single premium of ₹98.64 crore for the month ended October 31, 2026, compared to ₹69.13 crore for the corresponding period in 2025. The individual non-single premium was ₹511.14 crore (2026) versus ₹516.06 crore (2025). Group single premiums amounted to ₹708.16 crore (2026) against ₹521.47 crore (2025). Group yearly renewable premiums stood at ₹37.25 crore (2026), slightly up from ₹28.73 crore (2025). The total new business premium for the month ended October 31, 2026, was ₹1,355.19 crore, an increase from ₹1,135.39 crore in 2025. Cumulatively, up to October 2026, the total premium reached ₹10,202.99 crore, compared to ₹7,462.57 crore up to October 2025.
The company notes that this information is provisional and subject to limited review/audit by statutory auditors.
Source: BSE
