Bajaj Finserv’s Insurance Units Race Ahead with Record November Premiums

Updated: December 08, 2025 21:28

Image Source: Pune Mirror

Bajaj General Insurance and Bajaj Life Insurance recorded strong premium growth in November 2025, with gross direct premiums and new business premiums rising sharply, reflecting robust demand and effective distribution across individual and group segments.

Bajaj Finserv Limited has disclosed the latest business performance data for its unlisted insurance subsidiaries, Bajaj General Insurance Limited and Bajaj Life Insurance Limited, submitted to IRDAI and relevant insurance councils. The data reveals sustained momentum in premium collections, highlighting both individual and group segments’ growth.

Bajaj General Insurance Limited

Gross Direct Premium underwritten in November 2025: ₹3,999.38 crore
Cumulative Gross Direct Premium up to November 2025: ₹17,463.85 crore
The surge in premium collection signals strong demand for general insurance products, driven by effective underwriting and distribution strategies.

Bajaj Life Insurance Limited

New business premium for November 2025: ₹1,086.57 crore
- Individual single premium: ₹87.34 crore
- Individual non-single premium: ₹562.05 crore
- Group single premium: ₹413.02 crore
- Group yearly renewable premium: ₹24.16 crore
Cumulative new business premium (April–November 2025): ₹8,549.14 crore
The robust performance in both individual and group segments reflects increased financial awareness and diversified product offerings.

Notable Updates

Bajaj General Insurance posted a record monthly premium, showcasing strong growth in the general insurance segment.
Bajaj Life Insurance demonstrated healthy expansion across individual and group policies, with group single premiums leading the segment.
Both subsidiaries continue to benefit from strong distribution networks and rising consumer demand for protection and savings products.

Major Takeaways

Premiums across both insurance arms are on an upward trajectory, indicating healthy market sentiment.
Individual non-single and group single premiums are major contributors to overall growth.
The subsidiaries’ performance underscores Bajaj Finserv’s leadership in the Indian insurance sector.

Important Points

The disclosed figures are provisional and subject to review by statutory auditors.
The growth is in line with industry trends and regulatory reporting standards.

Source Bajaj Finserv Limited (NSE Circular), Insurance Regulatory and Development Authority of India (IRDAI)

Stay Ahead – Explore Now! Sigachi’s Credit Rating Under Watch as Fire Fallout Raises Financial Concerns