Investor Presentaiton
BALIC-Key Highlights
Q4 2021-22
BBAJAJ Allianz
Revenue Growth &
Market Share
Product Mix (IRNB Basis)
Renewal Premiums
New Business Margins
IRNB grew by 36% in Q4 FY22 (vs Private Players ~9%); IRNB grew by 49%
in FY22 (vs Private players growth of 22%)
■ Fastest growth among the top 10 Private Players in FY22 as well as in
Q4 FY22
☐
■ FY22 market share (IRNB terms) increased by 1.2% to 6.7% among Pvt. Players
Achieved highest ever GWP of Rs. 161,271 Mn in FY22 (vs previous highest of
Rs. 120,248 Mn in FY 21)
■ Par: Non-Par Savings: ULIP: Protection: Annuity (20%:33%:36%:2% :9%)
■ Guaranteed Pension Goal annuity product launched during Q4 FY21
continues to do well & contributed 11% to product mix in FY22(IRNB terms)
■In FY22, BALIC along with an ATS growth of 34% reported an industry beating
NOPS growth of 11% vs Private players reporting a NOPs growth of 2%
Registered a strong growth of 24% and 22% in Q4 FY22 & FY22 respectively
■In FY22, digital payments contribution increased to 70% of renewal
collection (vs 64% in FY21)
■ Strong growth in Net New Business Value (NBV) by 72% from Rs. 3,608 Mn
in FY21 to Rs. 6,212 Mn in FY22
■ Net New Business Margin (NBM) increased to 14.2% in FY22 from 12.3%
in FY21
Source: IRDAI Monthly Business Figures
IRNB Individual Rated New Business, EB - Existing Business, NB - New Business, GWP - Gross Written Premium, ULIP - Unit Linked Investment Plan, ATS - average ticket size,
NOP number of policies
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