Bajaj Allianz Corporate Update slide image

Bajaj Allianz Corporate Update

BALIC - Topline related metrics New Business 2,916 Q1 FY23 1,452 2,159 Q1 FY24 Q1 FY23 Group Fund NB 1,339 Q1 FY23 Renewals 1,899 4,369 Q1 FY24 Q1 FY23 Group Protection NB 650 574 364 Q1 FY24 Q1 FY23 Q1 FY24 895 B BAJAJ Allianz LIFE GOALS. DONE. All Figures in Rs Crore GWP 4,058 Q1 FY24 IRNB 1,028 Q1 FY23 Q1 FY24 ■ Individual Rated New Business (IRNB) grew 15% from Rs. 895 Cr in Q1 FY23 to Rs. 1,028 Cr in Q1 FY24 ■ Q1 FY24 GWP de-grew by 7% to Rs. 4,058 Cr from Rs. 4,369 Cr in Q1 FY23. Excluding Group Fund Business, GWP grew by 22%. * CAGR (Compounded Annual Growth Rate) is for the quarter 36
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