‘Leading in new premium growth’

Pune:

Bajaj Allianz Life

Insurance has said its individual rated new business premium (IRNB) grew by around 49% in the 2021-22 fiscal, which it claims is one of the highest among private insurers in the country.The company also reported that it recorded a 39% growth in business for March. At the end of FY22, Bajaj Allianz’ gross written premium was around Rs 16,127 crore, up from Rs 12,025 crore in FY 21. “We closed the financial year with a strong product portfolio and an equally strong distribution network,” said

Tarun Chugh

, MD and CEO of

Bajaj Allianz

Life. tnn