Annual Report 2003-2004 of Bajaj Allianz General Insurance Company Limited

It is a broadly described annual report of Bajaj Allianz General Insurance Company Limited in the year of 2003-04. During the financial year, Total assets of the Company stood at Rs. 4,593,931,760 million. Gross premium income for the general insurance industry increased to Rs.161 Billion in 2003-04 from Rs. 142 Billion in the previous year. However, Y-o-Y growth slowed down to 13% from a high of 21% in the previous year. The Company’s Net Written Premium for the year Rs. 2,864,123,322 million. Net Earned Premium Rs. 2,306,388,847 million. The Company posted Profit before Tax for the year Rs. 317,684,653 million. Profit after Tax for the year ended 31^st March 2004 was Rs. 216,894,653 million. Earnings per Share (EPS) for the year Rs. 1.97.

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