BFL Loan Loss Provision and Operating Expenses
BALIC: New Business Value & New Business Margins BAJAJ Allianz
Annualized Premium (ANP)*
All Figures in Rs. Million
Q1 FY22
Q1 FY21
Rolling 12M Rolling 12M
FY21
FY22¹
FY212
5.960
3,993
31,190
22,595
29,223
Net New Business Value (NBV)**
253
-135
3,999
2,124
3,608
Net New Business Margin (NBM) on ANP 4.2%
-3.4%
12.8%
9.4%
12.3%
☐ Since life insurance business is seasonal with large proportion of business written in Q4 and H2, rolling 12
months data is indicated for information only. This does not indicate a forecast or expectation for FY 22
☐ NBV for the quarter has increased from negative Rs. 135 Mn in Q1 FY21 to positive Rs. 253 Mn in Q1 FY22
☐ On 12 month rolling basis, NBV has increased from Rs. 2,124 Mn to Rs. 3,999 Mn on account of volume
growth, change in product mix and other factors
1 Rolling 12M FY22 represents the business written between July 2020 to June 2021
2 Rolling 12M FY21 represents the business written between July 2019 to June 2020
**New Business Value represents discounted present value of expected net cash flows from new business written
*ANP refers to annualized new business written during the year and is calculated by assigning a 10% weight to single premium and 100% weight to regular
premium. Group Fund business is included in the definition of ANP
38View entire presentation