BFL Loan Loss Provision and Operating Expenses
BAGIC: Risk Management
■
Asset Quality
99.4% of the debt portfolio in AAA and
sovereign assets
88.7% of Equity in Nifty 50 stocks
Oversight by Board & Executive investment
committee and group level investment
forum
Robust ALM position
Re-Insurance
Reinsurance ceded only to the A & AA
rated reinsurers, except mandatory ceding
to GIC (Average Retention of 20% for
commercial lines)
Large reinsurance capacity & optimum
retention
BAJAJ Allianz
Pricing & Underwriting
Superior underwriting capability leading to
low Combined Ratio consistently
Diversified exposure across business lines &
geographies
Granular loss ratio modelling - geography,
distribution, car make/model, vintage, etc.
■ Investigation, loss management & analytics
intervention
Reserving & Solvency
IBNR loss triangles show consistent
releases indicating robustness of reserving
Highest solvency amongst peers - 340% at
30 June 2021
Robust
process
of
monitoring
concentration of risk.
Catastrophic events adequately covered
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